LIF vs. CDNS
LIF (Life360, Inc.) and CDNS (Cadence Design Systems, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past year, LIF returned -27.35% vs -4.75% for CDNS. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
LIF vs. CDNS - Performance Comparison
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Returns By Period
In the year-to-date period, LIF achieves a -15.73% return, which is significantly lower than CDNS's 8.78% return.
LIF
- 1D
- -2.93%
- 1M
- -6.34%
- 6M
- -5.66%
- YTD
- -15.73%
- 1Y
- -27.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 40.57%
CDNS
- 1D
- 2.16%
- 1M
- -8.88%
- 6M
- 14.73%
- YTD
- 8.78%
- 1Y
- -4.75%
- 3Y*
- 13.32%
- 5Y*
- 18.16%
- 10Y*
- 30.38%
- ALL TIME*
- 10.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $973.07M | $815.70M | $896.70M | |
| $29.00M | $30.44M | $34.94M |
LIF vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LIF Life360, Inc. | -15.73% | 55.42% | 58.73% |
CDNS Cadence Design Systems, Inc. | 8.78% | 4.03% | 1.36% |
Correlation
The correlation between LIF and CDNS is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.42 |
The correlation between LIF and CDNS has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.
Fundamentals
LIF:
$4.38B
CDNS:
$93.78B
LIF:
$1.74
CDNS:
$5.03
LIF:
30.98
CDNS:
67.57
LIF:
8.74
CDNS:
15.95
LIF:
7.75
CDNS:
10.74
LIF:
$528.98M
CDNS:
$5.84B
LIF:
$407.86M
CDNS:
$5.34B
LIF:
$26.53M
CDNS:
$1.94B
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Return for Risk
LIF vs. CDNS — Risk / Return Rank
LIF
CDNS
LIF vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Life360, Inc. (LIF) 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.
| LIF | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.00 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | -0.23 | -0.22 |
| Martin ratioReturn relative to average drawdown | -0.65 | -0.47 | -0.19 |
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Drawdowns
LIF vs. CDNS - Drawdown Comparison
The maximum LIF drawdown since its inception was -65.64%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for LIF and CDNS.
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Drawdown Indicators
| LIF | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.64% | -93.13% | +27.49% |
Max Drawdown (1Y)Largest decline over 1 year | -65.64% | -28.85% | -36.79% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.12% | — |
Current DrawdownCurrent decline from peak | -51.26% | -18.34% | -32.92% |
Average DrawdownAverage peak-to-trough decline | -23.25% | -39.52% | +16.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.00% | 14.40% | +30.60% |
Volatility
LIF vs. CDNS - Volatility Comparison
Life360, Inc. (LIF) has a higher volatility of 16.79% compared to Cadence Design Systems, Inc. (CDNS) at 13.74%. This indicates that LIF'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
| LIF | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.79% | 13.74% | +3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 50.79% | 33.00% | +17.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.22% | 39.53% | +30.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.18% | 36.66% | +26.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.18% | 34.29% | +28.89% |
Dividends
LIF vs. CDNS - Dividend Comparison
Neither LIF nor CDNS has paid dividends to shareholders.
Financials
LIF vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Life360, 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
LIF vs. CDNS - Profitability Comparison
LIF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Life360, Inc. reported a gross profit of 110.56M and revenue of 143.12M. Therefore, the gross margin over that period was 77.3%.
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported a gross profit of 1.52B and revenue of 1.58B. Therefore, the gross margin over that period was 96.0%.
LIF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Life360, Inc. reported an operating income of -8.08M and revenue of 143.12M, resulting in an operating margin of -5.6%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported an operating income of 450.32M and revenue of 1.58B, resulting in an operating margin of 28.4%.
LIF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Life360, Inc. reported a net income of 2.78M and revenue of 143.12M, resulting in a net margin of 1.9%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Cadence Design Systems, Inc. reported a net income of 367.08M and revenue of 1.58B, resulting in a net margin of 23.2%.
Frequently Asked Questions
LIF and CDNS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIF has higher volatility (16.79%) compared to CDNS (13.74%). In terms of maximum drawdown, LIF dropped -65.64% vs CDNS's -93.13%.
CDNS currently has the higher Sharpe Ratio (-0.17 vs -0.42), 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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