FICO vs. CDNS
FICO (Fair Isaac Corporation) and CDNS (Cadence Design Systems, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, FICO returned 26.62%/yr vs 31.77%/yr for CDNS. At a 0.35 correlation, their price movements are largely independent.
Performance
FICO vs. CDNS - Performance Comparison
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Returns By Period
In the year-to-date period, FICO achieves a -30.25% return, which is significantly lower than CDNS's 23.16% return. Over the past 10 years, FICO has underperformed CDNS with an annualized return of 26.62%, while CDNS has yielded a comparatively higher 31.77% annualized return.
FICO
- 1D
- -0.52%
- 1M
- 7.34%
- YTD
- -30.25%
- 6M
- -36.09%
- 1Y
- -33.92%
- 3Y*
- 13.73%
- 5Y*
- 18.49%
- 10Y*
- 26.62%
CDNS
- 1D
- 0.32%
- 1M
- 10.86%
- YTD
- 23.16%
- 6M
- 19.10%
- 1Y
- 28.32%
- 3Y*
- 17.22%
- 5Y*
- 24.39%
- 10Y*
- 31.77%
FICO vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FICO Fair Isaac Corporation | -30.25% | -15.08% | 71.04% | 94.46% | 38.03% | -15.14% | 36.39% | 100.36% | 22.06% | 28.52% |
CDNS Cadence Design Systems, Inc. | 23.16% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
Correlation
The correlation between FICO and CDNS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 1992 | 0.35 |
The correlation between FICO and CDNS shifts across timeframes, from 0.22 (1 year) to 0.52 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FICO:
$28.00B
CDNS:
$105.37B
FICO:
$31.51
CDNS:
$4.28
FICO:
37.43
CDNS:
89.86
FICO:
1.99
CDNS:
6.85
FICO:
12.60
CDNS:
19.03
FICO:
$2.26B
CDNS:
$5.53B
FICO:
$1.90B
CDNS:
$4.91B
FICO:
$1.16B
CDNS:
$1.87B
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Return for Risk
FICO vs. CDNS — Risk / Return Rank
FICO
CDNS
FICO vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fair Isaac Corporation (FICO) 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.
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.
| FICO | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.15 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 0.87 | -1.52 |
| Martin ratioReturn relative to average drawdown | -1.24 | 1.84 | -3.08 |
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Drawdowns
FICO vs. CDNS - Drawdown Comparison
The maximum FICO drawdown since its inception was -79.26%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for FICO and CDNS.
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Drawdown Indicators
| FICO | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.26% | -93.13% | +13.87% |
Max Drawdown (1Y)Largest decline over 1 year | -52.12% | -28.85% | -23.27% |
Max Drawdown (3Y)Largest decline over 3 years | -61.28% | -29.05% | -32.23% |
Max Drawdown (5Y)Largest decline over 5 years | -61.28% | -29.59% | -31.69% |
Max Drawdown (10Y)Largest decline over 10 years | -61.28% | -32.12% | -29.16% |
Current DrawdownCurrent decline from peak | -50.50% | -7.55% | -42.95% |
Average DrawdownAverage peak-to-trough decline | -18.03% | -39.62% | +21.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.47% | 13.63% | +13.84% |
Volatility
FICO vs. CDNS - Volatility Comparison
The current volatility for Fair Isaac Corporation (FICO) is 14.33%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 16.52%. This indicates that FICO experiences smaller price fluctuations and is considered to be less risky 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
| FICO | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.33% | 16.52% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 39.21% | 31.73% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.67% | 38.94% | +11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.73% | 36.17% | +4.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.07% | 34.12% | +3.95% |
Dividends
FICO vs. CDNS - Dividend Comparison
Neither FICO nor CDNS 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
FICO vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Fair Isaac Corporation 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.
Total Revenue: Total amount of money received from sales and other business activities
FICO vs. CDNS - Profitability Comparison
FICO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fair Isaac Corporation reported a gross profit of 600.48M and revenue of 691.68M. Therefore, the gross margin over that period was 86.8%.
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%.
FICO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fair Isaac Corporation reported an operating income of 402.47M and revenue of 691.68M, resulting in an operating margin of 58.2%.
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%.
FICO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fair Isaac Corporation reported a net income of 264.46M and revenue of 691.68M, resulting in a net margin of 38.2%.
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%.
Frequently Asked Questions
FICO and CDNS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDNS has higher volatility (16.52%) compared to FICO (14.33%). In terms of maximum drawdown, FICO dropped -79.26% vs CDNS's -93.13%.
CDNS currently has the higher Sharpe Ratio (0.65 vs -0.67), 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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