SKM vs. CDNS
SKM (SK Telecom Co.,Ltd) and CDNS (Cadence Design Systems, Inc.) are both stocks. SKM operates in Telecom Services (Communication Services), while CDNS operates in Software - Application (Technology). Over the past 10 years, SKM returned 9.08%/yr vs 31.90%/yr for CDNS. At a 0.24 correlation, their price movements are largely independent.
Performance
SKM vs. CDNS - Performance Comparison
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Returns By Period
In the year-to-date period, SKM achieves a 62.93% return, which is significantly higher than CDNS's 21.27% return. Over the past 10 years, SKM has underperformed CDNS with an annualized return of 9.08%, while CDNS has yielded a comparatively higher 31.90% annualized return.
SKM
- 1D
- -2.76%
- 1M
- -11.41%
- YTD
- 62.93%
- 6M
- 68.09%
- 1Y
- 50.74%
- 3Y*
- 25.22%
- 5Y*
- 6.57%
- 10Y*
- 9.08%
CDNS
- 1D
- -2.57%
- 1M
- 1.46%
- YTD
- 21.27%
- 6M
- 19.60%
- 1Y
- 29.13%
- 3Y*
- 18.93%
- 5Y*
- 22.93%
- 10Y*
- 31.90%
SKM vs. CDNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SKM SK Telecom Co.,Ltd | 62.93% | 2.55% | 2.85% | 11.56% | -17.77% | 14.59% | 6.47% | -13.77% | -3.98% | 34.06% |
CDNS Cadence Design Systems, Inc. | 21.27% | 4.03% | 10.31% | 69.55% | -13.80% | 36.59% | 96.70% | 59.52% | 3.97% | 65.82% |
Correlation
The correlation between SKM and CDNS is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 1996 | 0.24 |
The correlation between SKM and CDNS shifts across timeframes, from 0.12 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SKM:
$12.58B
CDNS:
$103.76B
SKM:
₩115.81
CDNS:
$4.28
SKM:
443.69
CDNS:
88.48
SKM:
1.55
CDNS:
18.74
SKM:
1.52
CDNS:
11.89
SKM:
₩12.65T
CDNS:
$5.53B
SKM:
₩11.53T
CDNS:
$4.91B
SKM:
₩3.16T
CDNS:
$1.87B
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Return for Risk
SKM vs. CDNS — Risk / Return Rank
SKM
CDNS
SKM vs. CDNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SK Telecom Co.,Ltd (SKM) 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.
| SKM | CDNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.01 | +0.85 |
| Martin ratioReturn relative to average drawdown | 5.23 | 2.14 | +3.09 |
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Drawdowns
SKM vs. CDNS - Drawdown Comparison
The maximum SKM drawdown since its inception was -74.42%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for SKM and CDNS.
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Drawdown Indicators
| SKM | CDNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.42% | -93.13% | +18.71% |
Max Drawdown (1Y)Largest decline over 1 year | -27.28% | -28.85% | +1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -27.28% | -29.05% | +1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -35.68% | -29.59% | -6.09% |
Max Drawdown (10Y)Largest decline over 10 years | -49.83% | -32.12% | -17.71% |
Current DrawdownCurrent decline from peak | -27.28% | -8.97% | -18.31% |
Average DrawdownAverage peak-to-trough decline | -36.15% | -39.60% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.73% | 13.66% | -3.93% |
Volatility
SKM vs. CDNS - Volatility Comparison
SK Telecom Co.,Ltd (SKM) has a higher volatility of 27.21% compared to Cadence Design Systems, Inc. (CDNS) at 16.25%. This indicates that SKM'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
| SKM | CDNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.21% | 16.25% | +10.96% |
Volatility (6M)Calculated over the trailing 6-month period | 40.04% | 31.63% | +8.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.03% | 39.04% | +3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.13% | 36.21% | -8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.49% | 34.14% | -7.65% |
Dividends
SKM vs. CDNS - Dividend Comparison
SKM's dividend yield for the trailing twelve months is around 1.00%, while CDNS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SKM SK Telecom Co.,Ltd | 1.00% | 5.22% | 4.76% | 6.86% | 6.81% | 77.93% | 0.38% | 0.00% | 0.00% | 0.35% | 4.68% | 4.78% |
Financials
SKM vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between SK Telecom Co.,Ltd 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
SKM vs. CDNS - Profitability Comparison
SKM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SK Telecom Co.,Ltd reported a gross profit of 684.91M and revenue of 3.00B. Therefore, the gross margin over that period was 22.9%.
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%.
SKM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SK Telecom Co.,Ltd reported an operating income of 366.03M and revenue of 3.00B, resulting in an operating margin of 12.2%.
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%.
SKM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SK Telecom Co.,Ltd reported a net income of 220.00M and revenue of 3.00B, resulting in a net margin of 7.3%.
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
SKM and CDNS have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKM has higher volatility (27.21%) compared to CDNS (16.25%). In terms of maximum drawdown, SKM dropped -74.42% vs CDNS's -93.13%.
SKM currently has the higher Sharpe Ratio (1.18 vs 0.75), 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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