AYX vs. CDNS

Last updated Apr 1, 2026

Compare and contrast key facts about Alteryx, Inc. (AYX) and Cadence Design Systems, Inc. (CDNS).

Performance

AYX vs. CDNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alteryx, Inc. (AYX) and Cadence Design Systems, Inc. (CDNS). The values are adjusted to include any dividend payments, if applicable.

AYX vs. CDNS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AYX Alteryx, Inc.	0.00%	0.00%	2.33%	-6.93%	-16.25%	-50.32%	21.70%	68.27%	135.34%	63.03%
CDNS Cadence Design Systems, Inc.	-11.10%	4.03%	10.31%	69.55%	-13.80%	36.59%	96.70%	59.52%	3.97%	32.30%

Fundamentals

Total Revenue (TTM) AYX : $970.09M CDNS : $5.30B
Gross Profit (TTM) AYX : $838.56M CDNS : $5.09B
EBITDA (TTM) AYX : -$116.26M CDNS : $1.74B

Returns By Period

AYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CDNS

• 1D: 2.58%
• 1M: -7.81%
• YTD: -11.10%
• 6M: -20.89%
• 1Y: 9.26%
• 3Y*: 9.77%
• 5Y*: 14.45%
• 10Y*: 27.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AYX vs. CDNS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDNS

CDNS Risk / Return Rank: 49
CDNS Sharpe Ratio Rank: 51
CDNS Sortino Ratio Rank: 47
CDNS Omega Ratio Rank: 46
CDNS Calmar Ratio Rank: 50
CDNS Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AYX vs. CDNS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alteryx, Inc. (AYX) and Cadence Design Systems, Inc. (CDNS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AYX	CDNS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.22	—

Correlation

The correlation between AYX and CDNS is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AYX vs. CDNS - Dividend Comparison

Neither AYX nor CDNS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	AYX	CDNS	Difference
Max Drawdown Largest peak-to-trough decline	—	-93.13%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-28.09%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.12%	—
Current Drawdown Current decline from peak	—	-25.58%	—
Average Drawdown Average peak-to-trough decline	—	-39.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.61%	—

Volatility

Volatility by Period

	AYX	CDNS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	39.60%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.27%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.43%	—

Financials