CDNS vs. FICO
CDNS (Cadence Design Systems, Inc.) and FICO (Fair Isaac Corporation) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, CDNS returned 29.88%/yr vs 23.80%/yr for FICO. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
CDNS vs. FICO - Performance Comparison
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Returns By Period
In the year-to-date period, CDNS achieves a 7.83% return, which is significantly higher than FICO's -35.43% return. Over the past 10 years, CDNS has outperformed FICO with an annualized return of 29.88%, while FICO has yielded a comparatively lower 23.80% annualized return.
CDNS
- 1D
- -1.04%
- 1M
- -10.30%
- 6M
- 24.19%
- YTD
- 7.83%
- 1Y
- -6.50%
- 3Y*
- 13.75%
- 5Y*
- 17.41%
- 10Y*
- 29.88%
- ALL TIME*
- 10.68%
FICO
- 1D
- 4.26%
- 1M
- -15.15%
- 6M
- -21.29%
- YTD
- -35.43%
- 1Y
- -18.73%
- 3Y*
- 9.08%
- 5Y*
- 17.98%
- 10Y*
- 23.80%
- ALL TIME*
- 20.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $916.63M | $795.50M | $887.20M | |
| $560.10M | $412.51M | $397.70M |
CDNS vs. FICO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 7.83% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
FICO Fair Isaac Corporation | -35.43% | -15.08% | 71.04% | 94.46% | 38.03% | -15.14% | 36.39% | 100.36% | 22.06% | 28.52% |
Correlation
The correlation between CDNS and FICO is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 1992 | 0.35 |
The correlation between CDNS and FICO shifts across timeframes, from 0.19 (1 year) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CDNS:
$92.83B
FICO:
$23.57B
CDNS:
$5.03
FICO:
$34.47
CDNS:
66.99
FICO:
31.66
CDNS:
5.11
FICO:
1.68
CDNS:
15.81
FICO:
10.78
CDNS:
$5.84B
FICO:
$2.39B
CDNS:
$5.34B
FICO:
$2.04B
CDNS:
$1.94B
FICO:
$1.25B
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Return for Risk
CDNS vs. FICO — Risk / Return Rank
CDNS
FICO
CDNS vs. FICO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Fair Isaac Corporation (FICO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CDNS | FICO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.98 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.37 | +0.14 |
| Martin ratioReturn relative to average drawdown | -0.45 | -0.68 | +0.24 |
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Drawdowns
CDNS vs. FICO - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than FICO's maximum drawdown of -79.26%. Use the drawdown chart below to compare losses from any high point for CDNS and FICO.
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Drawdown Indicators
| CDNS | FICO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.13% | -79.26% | -13.87% |
Max Drawdown (1Y)Largest decline over 1 year | -28.85% | -50.93% | +22.08% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -61.28% | +32.23% |
Max Drawdown (5Y)Largest decline over 5 years | -29.59% | -61.28% | +31.69% |
Max Drawdown (10Y)Largest decline over 10 years | -32.12% | -61.28% | +29.16% |
Current DrawdownCurrent decline from peak | -19.05% | -54.18% | +35.13% |
Average DrawdownAverage peak-to-trough decline | -39.52% | -18.16% | -21.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.51% | 27.43% | -12.92% |
Volatility
CDNS vs. FICO - Volatility Comparison
The current volatility for Cadence Design Systems, Inc. (CDNS) is 13.80%, while Fair Isaac Corporation (FICO) has a volatility of 23.27%. This indicates that CDNS experiences smaller price fluctuations and is considered to be less risky than FICO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDNS | FICO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.80% | 23.27% | -9.47% |
Volatility (6M)Calculated over the trailing 6-month period | 32.00% | 44.17% | -12.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.43% | 53.63% | -14.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.68% | 41.96% | -5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.29% | 38.61% | -4.32% |
Dividends
CDNS vs. FICO - Dividend Comparison
Neither CDNS nor FICO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FICO Fair Isaac Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.07% | 0.08% |
Financials
CDNS vs. FICO - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and Fair Isaac Corporation. 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
CDNS vs. FICO - Profitability Comparison
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported a gross profit of 1.52B and revenue of 1.58B. Therefore, the gross margin over that period was 96.0%.
FICO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Fair Isaac Corporation reported a gross profit of 587.17M and revenue of 674.19M. Therefore, the gross margin over that period was 87.1%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported an operating income of 450.32M and revenue of 1.58B, resulting in an operating margin of 28.4%.
FICO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Fair Isaac Corporation reported an operating income of 362.63M and revenue of 674.19M, resulting in an operating margin of 53.8%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported a net income of 367.08M and revenue of 1.58B, resulting in a net margin of 23.2%.
FICO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Fair Isaac Corporation reported a net income of 237.17M and revenue of 674.19M, resulting in a net margin of 35.2%.
Frequently Asked Questions
CDNS and FICO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FICO has higher volatility (23.27%) compared to CDNS (13.80%). In terms of maximum drawdown, CDNS dropped -93.13% vs FICO's -79.26%.
CDNS currently has the higher Sharpe Ratio (-0.17 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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