VECO vs. CDNS

In the year-to-date period, VECO achieves a -7.16% return, which is significantly higher than CDNS's -8.79% return. Over the past 10 years, VECO has underperformed CDNS with an annualized return of -1.82%, while CDNS has yielded a comparatively higher 31.02% annualized return.

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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.

The current VECO Sharpe Ratio is -0.69, which is lower than the CDNS Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of VECO 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 VECO nor CDNS has paid dividends to shareholders.

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.

The current volatility for Veeco Instruments Inc. (VECO) is 12.54%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 16.04%. This indicates that VECO experiences smaller price fluctuations and is considered to be less risky 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 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.