CDNS vs. AYX

Last updated Apr 2, 2026

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

Performance

CDNS vs. AYX - Performance Comparison

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

CDNS vs. AYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDNS Cadence Design Systems, Inc.	-10.36%	4.03%	10.31%	69.55%	-13.80%	36.59%	96.70%	59.52%	3.97%	32.30%
AYX Alteryx, Inc.	0.00%	0.00%	2.33%	-6.93%	-16.25%	-50.32%	21.70%	68.27%	135.34%	63.03%

Fundamentals

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

Returns By Period

CDNS

• 1D: 0.83%
• 1M: -7.64%
• YTD: -10.36%
• 6M: -20.39%
• 1Y: 8.27%
• 3Y*: 10.07%
• 5Y*: 14.64%
• 10Y*: 28.05%

AYX

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

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

Return for Risk

CDNS vs. AYX — Risk / Return Rank

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

CDNS

CDNS Risk / Return Rank: 47
CDNS Sharpe Ratio Rank: 48
CDNS Sortino Ratio Rank: 44
CDNS Omega Ratio Rank: 43
CDNS Calmar Ratio Rank: 50
CDNS Martin Ratio Rank: 49

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.

CDNS vs. AYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Alteryx, Inc. (AYX). 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.

	CDNS	AYX	Difference
Sharpe ratio Return per unit of total volatility	0.21	—	—
Sortino ratio Return per unit of downside risk	0.60	—	—
Omega ratio Gain probability vs. loss probability	1.08	—	—
Calmar ratio Return relative to maximum drawdown	0.36	—	—
Martin ratio Return relative to average drawdown	0.80	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CDNS	AYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.21	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
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 CDNS and AYX 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

CDNS vs. AYX - Dividend Comparison

Neither CDNS nor AYX has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	CDNS	AYX	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	-24.96%	—	—
Average Drawdown Average peak-to-trough decline	-39.79%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	12.71%	—	—

Volatility

Volatility by Period

	CDNS	AYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	—	—
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	35.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.42%	—	—

Financials