QRVO vs. CDNS

In the year-to-date period, QRVO achieves a -41.11% return, which is significantly lower than CDNS's 8.06% return. Over the past 10 years, QRVO has underperformed CDNS with an annualized return of 1.54%, while CDNS has yielded a comparatively higher 32.02% annualized return.

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

The current QRVO Sharpe Ratio is -0.65, which is lower than the CDNS Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of QRVO 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.

Neither QRVO nor CDNS has paid dividends to shareholders.

The maximum QRVO drawdown since its inception was -99.18%, which is greater than CDNS's maximum drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for QRVO and CDNS. For additional features, visit the drawdowns tool.

Qorvo, Inc. (QRVO) has a higher volatility of 31.83% compared to Cadence Design Systems, Inc. (CDNS) at 15.39%. This indicates that QRVO'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.

This section allows you to compare key financial metrics between Qorvo, 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.