CDNS vs. AVGO

In the year-to-date period, CDNS achieves a 10.10% return, which is significantly lower than AVGO's 97.69% return. Over the past 10 years, CDNS has underperformed AVGO with an annualized return of 31.87%, while AVGO has yielded a comparatively higher 39.53% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Broadcom Inc. (AVGO). 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 0.27, which is lower than the AVGO Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of CDNS and AVGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CDNS has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.72%.

The maximum CDNS drawdown since its inception was -93.13%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for CDNS and AVGO. For additional features, visit the drawdowns tool.

The current volatility for Cadence Design Systems, Inc. (CDNS) is 10.02%, while Broadcom Inc. (AVGO) has a volatility of 27.83%. This indicates that CDNS experiences smaller price fluctuations and is considered to be less risky than AVGO 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 Broadcom 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.