NXPI vs. CDNS
NXPI (NXP Semiconductors N.V.) and CDNS (Cadence Design Systems, Inc.) are both stocks. Both are in the Technology sector — NXPI in Semiconductors, CDNS in Software - Application. Over the past 10 years, NXPI returned 14.72%/yr vs 31.77%/yr for CDNS. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
NXPI vs. CDNS - Performance Comparison
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Returns By Period
In the year-to-date period, NXPI achieves a 41.18% return, which is significantly higher than CDNS's 23.16% return. Over the past 10 years, NXPI has underperformed CDNS with an annualized return of 14.72%, while CDNS has yielded a comparatively higher 31.77% annualized return.
NXPI
- 1D
- 0.76%
- 1M
- 2.16%
- YTD
- 41.18%
- 6M
- 34.31%
- 1Y
- 42.90%
- 3Y*
- 17.73%
- 5Y*
- 10.64%
- 10Y*
- 14.72%
CDNS
- 1D
- 0.32%
- 1M
- 8.58%
- YTD
- 23.16%
- 6M
- 19.10%
- 1Y
- 25.05%
- 3Y*
- 17.22%
- 5Y*
- 24.39%
- 10Y*
- 31.77%
NXPI vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXPI NXP Semiconductors N.V. | 41.18% | 6.39% | -7.97% | 48.39% | -29.21% | 44.83% | 26.60% | 75.73% | -37.05% | 19.47% |
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 NXPI and CDNS is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2010 | 0.51 |
The correlation between NXPI and CDNS shifts across timeframes, from 0.42 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NXPI:
$77.29B
CDNS:
$105.37B
NXPI:
$10.45
CDNS:
$4.28
NXPI:
29.18
CDNS:
89.86
NXPI:
4.18
CDNS:
6.85
NXPI:
6.14
CDNS:
19.03
NXPI:
7.07
CDNS:
12.08
NXPI:
$12.61B
CDNS:
$5.53B
NXPI:
$6.92B
CDNS:
$4.91B
NXPI:
$4.48B
CDNS:
$1.87B
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Return for Risk
NXPI vs. CDNS — Risk / Return Rank
NXPI
CDNS
NXPI vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NXP Semiconductors N.V. (NXPI) 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.
| NXPI | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.15 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 0.87 | +0.88 |
| Martin ratioReturn relative to average drawdown | 4.25 | 1.84 | +2.41 |
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Drawdowns
NXPI vs. CDNS - Drawdown Comparison
The maximum NXPI drawdown since its inception was -59.98%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for NXPI and CDNS.
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Drawdown Indicators
| NXPI | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.98% | -93.13% | +33.15% |
Max Drawdown (1Y)Largest decline over 1 year | -24.58% | -28.85% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -46.47% | -29.05% | -17.42% |
Max Drawdown (5Y)Largest decline over 5 years | -46.47% | -29.59% | -16.88% |
Max Drawdown (10Y)Largest decline over 10 years | -53.26% | -32.12% | -21.14% |
Current DrawdownCurrent decline from peak | -8.36% | -7.55% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -16.54% | -39.62% | +23.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.11% | 13.63% | -3.52% |
Volatility
NXPI vs. CDNS - Volatility Comparison
NXP Semiconductors N.V. (NXPI) and Cadence Design Systems, Inc. (CDNS) have volatilities of 16.54% and 16.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXPI | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.54% | 16.52% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 37.14% | 31.73% | +5.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.28% | 38.94% | +7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.40% | 36.17% | +5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.72% | 34.12% | +6.60% |
Dividends
NXPI vs. CDNS - Dividend Comparison
NXPI's dividend yield for the trailing twelve months is around 1.33%, while CDNS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXPI NXP Semiconductors N.V. | 1.33% | 1.87% | 1.95% | 1.77% | 2.14% | 0.99% | 0.94% | 0.98% | 0.68% |
Financials
NXPI vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between NXP Semiconductors N.V. 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
NXPI vs. CDNS - Profitability Comparison
NXPI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NXP Semiconductors N.V. reported a gross profit of 1.79B and revenue of 3.18B. Therefore, the gross margin over that period was 56.2%.
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%.
NXPI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NXP Semiconductors N.V. reported an operating income of 1.51B and revenue of 3.18B, resulting in an operating margin of 47.3%.
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%.
NXPI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NXP Semiconductors N.V. reported a net income of 1.12B and revenue of 3.18B, resulting in a net margin of 35.3%.
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
NXPI and CDNS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXPI has higher volatility (16.54%) compared to CDNS (16.52%). In terms of maximum drawdown, NXPI dropped -59.98% vs CDNS's -93.13%.
NXPI currently has the higher Sharpe Ratio (0.93 vs 0.65), 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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