CDNS vs. ANSS

In the year-to-date period, CDNS achieves a 10.60% return, which is significantly higher than ANSS's -8.04% return. Over the past 10 years, CDNS has outperformed ANSS with an annualized return of 31.91%, while ANSS has yielded a comparatively lower 14.93% annualized return.

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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.

The current CDNS Sharpe Ratio is 0.29, which is comparable to the ANSS Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of CDNS and ANSS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither CDNS nor ANSS has paid dividends to shareholders.

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.

Cadence Design Systems, Inc. (CDNS) has a higher volatility of 10.16% compared to ANSYS, Inc. (ANSS) at 7.31%. 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.

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.