FIVN vs. CDNS

Last updated Apr 1, 2026

Compare and contrast key facts about Five9, Inc. (FIVN) and Cadence Design Systems, Inc. (CDNS).

Performance

FIVN vs. CDNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Five9, Inc. (FIVN) and Cadence Design Systems, Inc. (CDNS). The values are adjusted to include any dividend payments, if applicable.

FIVN vs. CDNS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIVN Five9, Inc.	-24.34%	-50.66%	-48.35%	15.96%	-50.58%	-21.26%	165.93%	50.00%	75.72%	75.33%
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 FIVN : $1.32B CDNS : $75.84B
EPS FIVN : $0.45 CDNS : $4.06
PE Ratio FIVN : 33.82 CDNS : 68.49
PS Ratio FIVN : 1.16 CDNS : 14.34
PB Ratio FIVN : 1.68 CDNS : 10.67
Total Revenue (TTM) FIVN : $1.15B CDNS : $5.30B
Gross Profit (TTM) FIVN : $632.85M CDNS : $5.09B
EBITDA (TTM) FIVN : $104.98M CDNS : $1.74B

Returns By Period

In the year-to-date period, FIVN achieves a -24.34% return, which is significantly lower than CDNS's -11.10% return. Over the past 10 years, FIVN has underperformed CDNS with an annualized return of 5.36%, while CDNS has yielded a comparatively higher 27.94% annualized return.

FIVN

• 1D: 2.71%
• 1M: -13.02%
• YTD: -24.34%
• 6M: -37.31%
• 1Y: -44.13%
• 3Y*: -40.58%
• 5Y*: -37.90%
• 10Y*: 5.36%

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)

Return for Risk

FIVN vs. CDNS — Risk / Return Rank

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

FIVN

FIVN Risk / Return Rank: 9
FIVN Sharpe Ratio Rank: 9
FIVN Sortino Ratio Rank: 10
FIVN Omega Ratio Rank: 12
FIVN Calmar Ratio Rank: 9
FIVN Martin Ratio Rank: 5

CDNS

CDNS Risk / Return Rank: 49
CDNS Sharpe Ratio Rank: 51
CDNS Sortino Ratio Rank: 47
CDNS Omega Ratio Rank: 46
CDNS Calmar Ratio Rank: 50
CDNS Martin Ratio Rank: 50

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.

FIVN vs. CDNS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Five9, Inc. (FIVN) 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.

	FIVN	CDNS	Difference
Sharpe ratio Return per unit of total volatility	-0.81	0.23	-1.05
Sortino ratio Return per unit of downside risk	-1.13	0.63	-1.76
Omega ratio Gain probability vs. loss probability	0.87	1.08	-0.21
Calmar ratio Return relative to maximum drawdown	-0.89	0.29	-1.18
Martin ratio Return relative to average drawdown	-1.74	0.65	-2.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIVN vs. CDNS - Sharpe Ratio Comparison

The current FIVN Sharpe Ratio is -0.81, which is lower than the CDNS Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of FIVN 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.

Sharpe Ratios by Period

	FIVN	CDNS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	0.23	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.71	0.41	-1.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	0.84	-0.73
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.22	-0.10

Correlation

The correlation between FIVN and CDNS is 0.43, 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.

Dividends

FIVN vs. CDNS - Dividend Comparison

Neither FIVN nor CDNS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FIVN vs. CDNS - Drawdown Comparison

The maximum FIVN drawdown since its inception was -93.12%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for FIVN and CDNS.

Drawdown Indicators

	FIVN	CDNS	Difference
Max Drawdown Largest peak-to-trough decline	-93.12%	-93.13%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-51.18%	-28.09%	-23.09%
Max Drawdown (5Y) Largest decline over 5 years	-93.12%	-29.59%	-63.53%
Max Drawdown (10Y) Largest decline over 10 years	-93.12%	-32.12%	-61.00%
Current Drawdown Current decline from peak	-92.77%	-25.58%	-67.19%
Average Drawdown Average peak-to-trough decline	-34.40%	-39.79%	+5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.12%	12.61%	+13.51%

Volatility

FIVN vs. CDNS - Volatility Comparison

Five9, Inc. (FIVN) has a higher volatility of 13.69% compared to Cadence Design Systems, Inc. (CDNS) at 7.46%. This indicates that FIVN'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.

Volatility by Period

	FIVN	CDNS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.69%	7.46%	+6.23%
Volatility (6M) Calculated over the trailing 6-month period	39.14%	25.41%	+13.73%
Volatility (1Y) Calculated over the trailing 1-year period	54.59%	39.60%	+14.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.56%	35.27%	+18.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.97%	33.43%	+16.54%

Financials