MCHP vs. CDNS
Compare and contrast key facts about Microchip Technology Incorporated (MCHP) and Cadence Design Systems, Inc. (CDNS).
Performance
MCHP vs. CDNS - Performance Comparison
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MCHP vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 3.21% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
CDNS Cadence Design Systems, Inc. | -10.36% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
Fundamentals
MCHP:
-$0.27
CDNS:
$4.06
MCHP:
5.38
CDNS:
14.46
MCHP:
$4.37B
CDNS:
$5.30B
MCHP:
$2.25B
CDNS:
$5.09B
MCHP:
$710.40M
CDNS:
$1.74B
Returns By Period
In the year-to-date period, MCHP achieves a 3.21% return, which is significantly higher than CDNS's -10.36% return. Over the past 10 years, MCHP has underperformed CDNS with an annualized return of 12.61%, while CDNS has yielded a comparatively higher 28.05% annualized return.
MCHP
- 1D
- 1.19%
- 1M
- -12.02%
- YTD
- 3.21%
- 6M
- 3.51%
- 1Y
- 38.84%
- 3Y*
- -5.61%
- 5Y*
- -1.96%
- 10Y*
- 12.61%
CDNS
- 1D
- 0.83%
- 1M
- -7.64%
- YTD
- -10.36%
- 6M
- -20.39%
- 1Y
- 8.27%
- 3Y*
- 10.07%
- 5Y*
- 14.64%
- 10Y*
- 28.05%
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Return for Risk
MCHP vs. CDNS — Risk / Return Rank
MCHP
CDNS
MCHP vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) 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.
| MCHP | CDNS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 0.21 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.40 | 0.60 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.08 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 0.36 | +0.77 |
Martin ratioReturn relative to average drawdown | 2.91 | 0.80 | +2.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MCHP | CDNS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.21 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 0.42 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.84 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.22 | +0.19 |
Correlation
The correlation between MCHP 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
MCHP vs. CDNS - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 2.78%, while CDNS has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 2.78% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
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
MCHP vs. CDNS - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for MCHP and CDNS.
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Drawdown Indicators
| MCHP | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -93.13% | +29.36% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -28.09% | -6.32% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -29.59% | -34.18% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | -32.12% | -31.65% |
Current DrawdownCurrent decline from peak | -30.96% | -24.96% | -6.00% |
Average DrawdownAverage peak-to-trough decline | -16.74% | -39.79% | +23.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.46% | 12.71% | +0.75% |
Volatility
MCHP vs. CDNS - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 12.97% compared to Cadence Design Systems, Inc. (CDNS) at 7.54%. This indicates that MCHP'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
| MCHP | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.97% | 7.54% | +5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 32.23% | 25.41% | +6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.57% | 39.60% | +18.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.43% | 35.24% | +8.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.35% | 33.42% | +7.93% |
Financials
MCHP vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated 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