VECO vs. CDNS
Compare and contrast key facts about Veeco Instruments Inc. (VECO) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VECO or CDNS.
Correlation
The correlation between VECO and CDNS is 0.56, 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.
Performance
VECO vs. CDNS - Performance Comparison
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Key characteristics
VECO:
-1.06
CDNS:
0.17
VECO:
-1.60
CDNS:
0.56
VECO:
0.81
CDNS:
1.07
VECO:
-0.57
CDNS:
0.26
VECO:
-1.22
CDNS:
0.52
VECO:
40.11%
CDNS:
14.61%
VECO:
47.06%
CDNS:
41.67%
VECO:
-96.68%
CDNS:
-93.13%
VECO:
-83.37%
CDNS:
-6.35%
Fundamentals
VECO:
$1.12B
CDNS:
$83.49B
VECO:
$1.06
CDNS:
$3.94
VECO:
18.12
CDNS:
77.61
VECO:
0.53
CDNS:
3.22
VECO:
1.58
CDNS:
17.13
VECO:
1.38
CDNS:
17.48
VECO:
$542.82M
CDNS:
$4.87B
VECO:
$226.76M
CDNS:
$4.56B
VECO:
$73.27M
CDNS:
$1.64B
Returns By Period
In the year-to-date period, VECO achieves a -28.32% return, which is significantly lower than CDNS's 1.77% return. Over the past 10 years, VECO has underperformed CDNS with an annualized return of -4.82%, while CDNS has yielded a comparatively higher 31.96% annualized return.
VECO
-28.32%
1.05%
-33.02%
-49.46%
8.84%
-4.82%
CDNS
1.77%
17.85%
1.50%
6.37%
30.55%
31.96%
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Risk-Adjusted Performance
VECO vs. CDNS — Risk-Adjusted Performance Rank
VECO
CDNS
VECO vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veeco Instruments Inc. (VECO) 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.
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Dividends
VECO vs. CDNS - Dividend Comparison
Neither VECO nor CDNS has paid dividends to shareholders.
Drawdowns
VECO vs. CDNS - Drawdown Comparison
The maximum VECO drawdown since its inception was -96.68%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for VECO and CDNS. For additional features, visit the drawdowns tool.
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Volatility
VECO vs. CDNS - Volatility Comparison
Veeco Instruments Inc. (VECO) has a higher volatility of 14.20% compared to Cadence Design Systems, Inc. (CDNS) at 11.80%. This indicates that VECO'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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Financials
VECO vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Veeco Instruments 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
VECO vs. CDNS - Profitability Comparison
VECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Veeco Instruments Inc. reported a gross profit of 73.99M and revenue of 182.13M. Therefore, the gross margin over that period was 40.6%.
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a gross profit of 1.19B and revenue of 1.24B. Therefore, the gross margin over that period was 95.9%.
VECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Veeco Instruments Inc. reported an operating income of 3.88M and revenue of 182.13M, resulting in an operating margin of 2.1%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported an operating income of 361.52M and revenue of 1.24B, resulting in an operating margin of 29.1%.
VECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Veeco Instruments Inc. reported a net income of 14.97M and revenue of 182.13M, resulting in a net margin of 8.2%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a net income of 273.58M and revenue of 1.24B, resulting in a net margin of 22.0%.