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CDNS vs. MCHP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CDNS and MCHP is 0.44, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

CDNS vs. MCHP - Performance Comparison

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

10,000.00%20,000.00%30,000.00%40,000.00%NovemberDecember2025FebruaryMarchApril
7,125.57%
26,814.19%
CDNS
MCHP

Key characteristics

Sharpe Ratio

CDNS:

-0.41

MCHP:

-1.05

Sortino Ratio

CDNS:

-0.36

MCHP:

-1.52

Omega Ratio

CDNS:

0.96

MCHP:

0.82

Calmar Ratio

CDNS:

-0.53

MCHP:

-0.88

Martin Ratio

CDNS:

-1.09

MCHP:

-1.56

Ulcer Index

CDNS:

13.83%

MCHP:

28.35%

Daily Std Dev

CDNS:

36.87%

MCHP:

41.83%

Max Drawdown

CDNS:

-93.13%

MCHP:

-62.53%

Current Drawdown

CDNS:

-18.85%

MCHP:

-49.83%

Fundamentals

Market Cap

CDNS:

$72.68B

MCHP:

$26.32B

EPS

CDNS:

$3.86

MCHP:

$0.57

PE Ratio

CDNS:

68.64

MCHP:

85.84

PEG Ratio

CDNS:

2.72

MCHP:

5.70

Total Revenue (TTM)

CDNS:

$3.63B

MCHP:

$3.43B

Gross Profit (TTM)

CDNS:

$3.37B

MCHP:

$1.84B

EBITDA (TTM)

CDNS:

$1.28B

MCHP:

$956.20M

Returns By Period

In the year-to-date period, CDNS achieves a -11.82% return, which is significantly higher than MCHP's -14.04% return. Over the past 10 years, CDNS has outperformed MCHP with an annualized return of 30.57%, while MCHP has yielded a comparatively lower 9.46% annualized return.


CDNS

YTD

-11.82%

1M

9.60%

6M

-0.78%

1Y

-13.52%

5Y*

33.04%

10Y*

30.57%

MCHP

YTD

-14.04%

1M

-15.57%

6M

-36.54%

1Y

-43.00%

5Y*

10.82%

10Y*

9.46%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

CDNS vs. MCHP — Risk-Adjusted Performance Rank

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

CDNS
The Risk-Adjusted Performance Rank of CDNS is 2727
Overall Rank
The Sharpe Ratio Rank of CDNS is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of CDNS is 2929
Sortino Ratio Rank
The Omega Ratio Rank of CDNS is 2929
Omega Ratio Rank
The Calmar Ratio Rank of CDNS is 2020
Calmar Ratio Rank
The Martin Ratio Rank of CDNS is 2626
Martin Ratio Rank

MCHP
The Risk-Adjusted Performance Rank of MCHP is 66
Overall Rank
The Sharpe Ratio Rank of MCHP is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of MCHP is 77
Sortino Ratio Rank
The Omega Ratio Rank of MCHP is 99
Omega Ratio Rank
The Calmar Ratio Rank of MCHP is 44
Calmar Ratio Rank
The Martin Ratio Rank of MCHP is 88
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CDNS vs. MCHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Microchip Technology Incorporated (MCHP). 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.


Sharpe ratio
The chart of Sharpe ratio for CDNS, currently valued at -0.41, compared to the broader market-2.00-1.000.001.002.003.00
CDNS: -0.41
MCHP: -1.05
The chart of Sortino ratio for CDNS, currently valued at -0.36, compared to the broader market-6.00-4.00-2.000.002.004.00
CDNS: -0.36
MCHP: -1.52
The chart of Omega ratio for CDNS, currently valued at 0.96, compared to the broader market0.501.001.502.00
CDNS: 0.96
MCHP: 0.82
The chart of Calmar ratio for CDNS, currently valued at -0.53, compared to the broader market0.001.002.003.004.005.00
CDNS: -0.53
MCHP: -0.88
The chart of Martin ratio for CDNS, currently valued at -1.09, compared to the broader market-5.000.005.0010.0015.0020.00
CDNS: -1.09
MCHP: -1.56

The current CDNS Sharpe Ratio is -0.41, which is higher than the MCHP Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of CDNS and MCHP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.41
-1.05
CDNS
MCHP

Dividends

CDNS vs. MCHP - Dividend Comparison

CDNS has not paid dividends to shareholders, while MCHP's dividend yield for the trailing twelve months is around 3.71%.


TTM20242023202220212020201920182017201620152014
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%
MCHP
Microchip Technology Incorporated
3.71%3.16%1.76%1.65%0.98%1.07%1.40%2.02%1.65%2.24%3.08%3.16%

Drawdowns

CDNS vs. MCHP - Drawdown Comparison

The maximum CDNS drawdown since its inception was -93.13%, which is greater than MCHP's maximum drawdown of -62.53%. Use the drawdown chart below to compare losses from any high point for CDNS and MCHP. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.85%
-49.83%
CDNS
MCHP

Volatility

CDNS vs. MCHP - Volatility Comparison

The current volatility for Cadence Design Systems, Inc. (CDNS) is 8.11%, while Microchip Technology Incorporated (MCHP) has a volatility of 16.46%. This indicates that CDNS experiences smaller price fluctuations and is considered to be less risky than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%NovemberDecember2025FebruaryMarchApril
8.11%
16.46%
CDNS
MCHP

Financials

CDNS vs. MCHP - Financials Comparison

This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and Microchip Technology Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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