CDNS vs. JPM
CDNS (Cadence Design Systems, Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. CDNS operates in Software - Application (Technology), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, CDNS returned 31.92%/yr vs 20.32%/yr for JPM. At a 0.31 correlation, their price movements are largely independent.
Performance
CDNS vs. JPM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CDNS achieves a 26.12% return, which is significantly higher than JPM's -2.52% return. Over the past 10 years, CDNS has outperformed JPM with an annualized return of 31.92%, while JPM has yielded a comparatively lower 20.32% annualized return.
CDNS
- 1D
- 4.80%
- 1M
- 8.70%
- YTD
- 26.12%
- 6M
- 16.88%
- 1Y
- 32.76%
- 3Y*
- 19.80%
- 5Y*
- 25.79%
- 10Y*
- 31.92%
JPM
- 1D
- -0.40%
- 1M
- 2.98%
- YTD
- -2.52%
- 6M
- -0.35%
- 1Y
- 19.35%
- 3Y*
- 33.18%
- 5Y*
- 16.72%
- 10Y*
- 20.32%
CDNS vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 26.12% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
JPM JPMorgan Chase & Co. | -2.52% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between CDNS and JPM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.31 |
Fundamentals
CDNS:
$107.91B
JPM:
$869.15B
CDNS:
$4.28
JPM:
$21.08
CDNS:
92.03
JPM:
14.76
CDNS:
7.02
JPM:
1.63
CDNS:
19.49
JPM:
3.05
CDNS:
12.37
JPM:
2.53
CDNS:
$5.53B
JPM:
$285.09B
CDNS:
$4.91B
JPM:
$173.52B
CDNS:
$1.87B
JPM:
$81.46B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CDNS vs. JPM — Risk / Return Rank
CDNS
JPM
CDNS vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and JPMorgan Chase & Co. (JPM). 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 | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.26 | -0.12 |
| Martin ratioReturn relative to average drawdown | 2.42 | 2.98 | -0.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CDNS | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.90 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.69 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | 0.74 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.34 | -0.10 |
Drawdowns
CDNS vs. JPM - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for CDNS and JPM.
Loading charts...
Drawdown Indicators
| CDNS | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.13% | -76.16% | -16.97% |
Max Drawdown (1Y)Largest decline over 1 year | -28.85% | -15.47% | -13.38% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -24.42% | -4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -29.59% | -38.77% | +9.18% |
Max Drawdown (10Y)Largest decline over 10 years | -32.12% | -43.63% | +11.51% |
Current DrawdownCurrent decline from peak | -5.32% | -6.55% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -39.64% | -17.62% | -22.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.60% | 6.50% | +7.10% |
Volatility
CDNS vs. JPM - Volatility Comparison
Cadence Design Systems, Inc. (CDNS) has a higher volatility of 16.58% compared to JPMorgan Chase & Co. (JPM) at 6.40%. This indicates that CDNS's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CDNS | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.58% | 6.40% | +10.18% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 17.38% | +14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.02% | 21.62% | +17.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.20% | 24.45% | +11.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.13% | 27.40% | +6.73% |
Dividends
CDNS vs. JPM - Dividend Comparison
CDNS has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.90%.
| 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% |
JPM JPMorgan Chase & Co. | 1.90% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
Financials
CDNS vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and JPMorgan Chase & Co.. 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. JPM - Profitability Comparison
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported a gross profit of 1.41B and revenue of 1.47B. Therefore, the gross margin over that period was 95.9%.
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported an operating income of 431.33M and revenue of 1.47B, resulting in an operating margin of 29.3%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cadence Design Systems, Inc. reported a net income of 335.66M and revenue of 1.47B, resulting in a net margin of 22.8%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.
Frequently Asked Questions
CDNS and JPM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDNS has higher volatility (16.58%) compared to JPM (6.40%). In terms of maximum drawdown, CDNS dropped -93.13% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.90 vs 0.85), 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.
Find the right allocation for CDNS and JPM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer