JBL vs. CDNS
Compare and contrast key facts about Jabil Inc. (JBL) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JBL or CDNS.
Correlation
The correlation between JBL and CDNS is 0.39, 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.
Performance
JBL vs. CDNS - Performance Comparison
Key characteristics
JBL:
-0.40
CDNS:
-0.66
JBL:
-0.32
CDNS:
-0.77
JBL:
0.95
CDNS:
0.90
JBL:
-0.41
CDNS:
-0.87
JBL:
-0.96
CDNS:
-1.78
JBL:
15.91%
CDNS:
14.03%
JBL:
38.07%
CDNS:
37.83%
JBL:
-94.92%
CDNS:
-93.13%
JBL:
-32.54%
CDNS:
-28.67%
Fundamentals
JBL:
$12.80B
CDNS:
$63.88B
JBL:
$4.44
CDNS:
$3.86
JBL:
26.32
CDNS:
60.33
JBL:
0.91
CDNS:
2.62
JBL:
$27.45B
CDNS:
$3.63B
JBL:
$2.44B
CDNS:
$3.37B
JBL:
$1.28B
CDNS:
$1.28B
Returns By Period
In the year-to-date period, JBL achieves a -18.74% return, which is significantly higher than CDNS's -22.49% return. Over the past 10 years, JBL has underperformed CDNS with an annualized return of 18.61%, while CDNS has yielded a comparatively higher 28.78% annualized return.
JBL
-18.74%
-18.35%
-3.82%
-13.76%
39.98%
18.61%
CDNS
-22.49%
-4.83%
-13.31%
-24.01%
29.58%
28.78%
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Risk-Adjusted Performance
JBL vs. CDNS — Risk-Adjusted Performance Rank
JBL
CDNS
JBL vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jabil Inc. (JBL) 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.
Dividends
JBL vs. CDNS - Dividend Comparison
JBL's dividend yield for the trailing twelve months is around 0.27%, while CDNS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JBL Jabil Inc. | 0.27% | 0.22% | 0.25% | 0.47% | 0.45% | 0.75% | 0.77% | 1.29% | 1.22% | 1.35% | 1.37% | 1.47% |
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% |
Drawdowns
JBL vs. CDNS - Drawdown Comparison
The maximum JBL drawdown since its inception was -94.92%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for JBL and CDNS. For additional features, visit the drawdowns tool.
Volatility
JBL vs. CDNS - Volatility Comparison
Jabil Inc. (JBL) has a higher volatility of 16.79% compared to Cadence Design Systems, Inc. (CDNS) at 12.42%. This indicates that JBL'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.
Financials
JBL vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Jabil 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.
Total Revenue: Total amount of money received from sales and other business activities