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EXTR vs. CDNS
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

EXTR vs. CDNS - Performance Comparison

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

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EXTR vs. CDNS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EXTR
Extreme Networks, Inc.
-9.43%-0.54%-5.10%-3.66%16.62%127.87%-6.51%20.82%-51.28%148.91%
CDNS
Cadence Design Systems, Inc.
-11.10%4.03%10.31%69.55%-13.80%36.59%96.70%59.52%3.97%65.82%

Fundamentals

Market Cap

EXTR:

$2.04B

CDNS:

$75.84B

EPS

EXTR:

$0.07

CDNS:

$4.06

PE Ratio

EXTR:

221.73

CDNS:

68.49

PEG Ratio

EXTR:

0.44

CDNS:

5.22

PS Ratio

EXTR:

1.66

CDNS:

14.34

PB Ratio

EXTR:

21.29

CDNS:

10.67

Total Revenue (TTM)

EXTR:

$1.22B

CDNS:

$5.30B

Gross Profit (TTM)

EXTR:

$747.61M

CDNS:

$5.09B

EBITDA (TTM)

EXTR:

$55.22M

CDNS:

$1.74B

Returns By Period

In the year-to-date period, EXTR achieves a -9.43% return, which is significantly higher than CDNS's -11.10% return. Over the past 10 years, EXTR has underperformed CDNS with an annualized return of 17.10%, while CDNS has yielded a comparatively higher 27.94% annualized return.


EXTR

1D
0.73%
1M
7.87%
YTD
-9.43%
6M
-26.97%
1Y
13.98%
3Y*
-7.61%
5Y*
11.22%
10Y*
17.10%

CDNS

1D
2.58%
1M
-7.81%
YTD
-11.10%
6M
-20.89%
1Y
9.26%
3Y*
9.77%
5Y*
14.45%
10Y*
27.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

EXTR vs. CDNS — Risk / Return Rank

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

EXTR
EXTR Risk / Return Rank: 4949
Overall Rank
EXTR Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
EXTR Sortino Ratio Rank: 4949
Sortino Ratio Rank
EXTR Omega Ratio Rank: 5050
Omega Ratio Rank
EXTR Calmar Ratio Rank: 4747
Calmar Ratio Rank
EXTR Martin Ratio Rank: 4747
Martin Ratio Rank

CDNS
CDNS Risk / Return Rank: 4949
Overall Rank
CDNS Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
CDNS Sortino Ratio Rank: 4747
Sortino Ratio Rank
CDNS Omega Ratio Rank: 4646
Omega Ratio Rank
CDNS Calmar Ratio Rank: 5050
Calmar Ratio Rank
CDNS Martin Ratio Rank: 5050
Martin Ratio Rank
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.

EXTR vs. CDNS - Risk-Adjusted Trends Comparison

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


EXTRCDNSDifference

Sharpe ratio

Return per unit of total volatility

0.32

0.23

+0.09

Sortino ratio

Return per unit of downside risk

0.73

0.63

+0.10

Omega ratio

Gain probability vs. loss probability

1.10

1.08

+0.02

Calmar ratio

Return relative to maximum drawdown

0.21

0.29

-0.08

Martin ratio

Return relative to average drawdown

0.41

0.65

-0.24

EXTR vs. CDNS - Sharpe Ratio Comparison

The current EXTR Sharpe Ratio is 0.32, which is higher than the CDNS Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of EXTR and CDNS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EXTRCDNSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.32

0.23

+0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.41

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.32

0.84

-0.52

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.03

0.22

-0.25

Correlation

The correlation between EXTR and CDNS is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EXTR vs. CDNS - Dividend Comparison

Neither EXTR nor CDNS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

EXTR vs. CDNS - Drawdown Comparison

The maximum EXTR drawdown since its inception was -99.15%, which is greater than CDNS's maximum drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for EXTR and CDNS.


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Drawdown Indicators


EXTRCDNSDifference

Max Drawdown

Largest peak-to-trough decline

-99.15%

-93.13%

-6.02%

Max Drawdown (1Y)

Largest decline over 1 year

-39.87%

-28.09%

-11.78%

Max Drawdown (5Y)

Largest decline over 5 years

-67.21%

-29.59%

-37.62%

Max Drawdown (10Y)

Largest decline over 10 years

-87.53%

-32.12%

-55.41%

Current Drawdown

Current decline from peak

-87.84%

-25.58%

-62.26%

Average Drawdown

Average peak-to-trough decline

-89.05%

-39.79%

-49.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.53%

12.61%

+7.92%

Volatility

EXTR vs. CDNS - Volatility Comparison

Extreme Networks, Inc. (EXTR) has a higher volatility of 7.91% compared to Cadence Design Systems, Inc. (CDNS) at 7.46%. This indicates that EXTR's price experiences larger fluctuations and is considered to be riskier than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EXTRCDNSDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.91%

7.46%

+0.45%

Volatility (6M)

Calculated over the trailing 6-month period

28.55%

25.41%

+3.14%

Volatility (1Y)

Calculated over the trailing 1-year period

43.99%

39.60%

+4.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.14%

35.27%

+10.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

53.33%

33.43%

+19.90%

Financials

EXTR vs. CDNS - Financials Comparison

This section allows you to compare key financial metrics between Extreme Networks, Inc. and Cadence Design Systems, 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.


Quarterly
Annual

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


200.00M400.00M600.00M800.00M1.00B1.20B1.40BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
317.93M
1.44B
(EXTR) Total Revenue
(CDNS) Total Revenue
Values in USD except per share items