Performance

CDNS+7.90%SNPS+16.19%

RETURNS	1D	YTD	1Y	5Y Ann.	Max DD	Sharpe
CDNS	+1.15%	+13.67%	+7.90%	+17.82%	-34.21%	0.28
SNPS	+2.46%	+6.16%	+16.19%	+10.77%	-31.21%	0.46

Summary

CDNS vs SNPS

Over the past year, SNPS returned +16.19% against +7.90% for CDNS. Over five years, CDNS averaged +17.82% a year, compared with +10.77% for SNPS. SNPS had the higher Sharpe ratio over the past year (0.46 vs 0.28), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -31.21% for SNPS and -34.21% for CDNS.

Current Drawdown

CDNS-15.26%SNPS-4.60%

Rolling Volatility

CDNS+2.20%SNPS+3.43%

METRICS

Correlation Matrix

	CDNS	SNPS
CDNS	1.00	0.76
SNPS	0.76	1.00

Metrics

Risk Indicators

CDNSSNPS

Alpha

-10.66%

-2.05%

Beta

1.55x

1.58x

Sharpe

0.28

0.46

Sortino

0.41

0.69

Omega

1.05

1.09

Calmar

0.23

0.52

Martin

0.74

1.20

Comparisons

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CDNS vs XLK
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CDNS vs CRWD
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SNPS vs XLK
SNPS vs SPY
SNPS vs NVDA
SNPS vs CRM
SNPS vs AVGO

CDNS vs SNPS: returns, Sharpe ratio and drawdown

CDNS vs SNPS

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