CDNS vs. ANSS
Compare and contrast key facts about Cadence Design Systems, Inc. (CDNS) and ANSYS, Inc. (ANSS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDNS or ANSS.
Key characteristics
| CDNS | ANSS | |
|---|---|---|
| YTD Return | 0.80% | -11.41% |
| 1Y Return | 31.38% | 4.10% |
| 3Y Return (Ann) | 27.76% | -4.21% |
| 5Y Return (Ann) | 31.42% | 10.83% |
| 10Y Return (Ann) | 33.32% | 15.85% |
| Sharpe Ratio | 1.07 | 0.08 |
| Daily Std Dev | 28.30% | 30.61% |
| Max Drawdown | -93.13% | -63.28% |
| Current Drawdown | -14.95% | -21.82% |
Fundamentals
| CDNS | ANSS | |
|---|---|---|
| Market Cap | $76.85B | $29.14B |
| EPS | $3.84 | $5.74 |
| PE Ratio | 73.54 | 58.14 |
| PEG Ratio | 2.84 | 2.09 |
| Revenue (TTM) | $4.08B | $2.27B |
| Gross Profit (TTM) | $3.19B | $1.88B |
| EBITDA (TTM) | $1.36B | $758.64M |
Correlation
The correlation between CDNS and ANSS 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.
Performance
CDNS vs. ANSS - Performance Comparison
In the year-to-date period, CDNS achieves a 0.80% return, which is significantly higher than ANSS's -11.41% return. Over the past 10 years, CDNS has outperformed ANSS with an annualized return of 33.32%, while ANSS has yielded a comparatively lower 15.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CDNS vs. ANSS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and ANSYS, Inc. (ANSS). 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.
Dividends
CDNS vs. ANSS - Dividend Comparison
Neither CDNS nor ANSS has paid dividends to shareholders.
Drawdowns
CDNS vs. ANSS - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than ANSS's maximum drawdown of -63.28%. Use the drawdown chart below to compare losses from any high point for CDNS and ANSS. For additional features, visit the drawdowns tool.
Volatility
CDNS vs. ANSS - Volatility Comparison
Cadence Design Systems, Inc. (CDNS) has a higher volatility of 6.83% compared to ANSYS, Inc. (ANSS) at 4.67%. This indicates that CDNS's price experiences larger fluctuations and is considered to be riskier than ANSS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CDNS vs. ANSS - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and ANSYS, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities