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CDNS vs BNS

Comparison between Cadence Design Systems Inc (CDNS, Company) and Bank Of Nova Scotia (BNS, Company).

CDNS is from the Technology sector, while BNS is from the Financial Services sector.

5-Year PerformanceCDNS has outperformed BNS, delivering a return of +24.3% compared to +10.4%

CDNS vs BNS - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
CDNS
$102B
BNS
$100B
Max Drawdown
CDNS
91.92%
Winner
BNS
65.74%
Sharpe Ratio
CDNS
0.73
Winner
BNS
2.63
5Y Beta
CDNS
1.52
Winner
BNS
0.47
Industry
CDNS
Software - Application
BNS
Banks - Diversified
P/E Ratio
CDNS
96.19
Winner
BNS
15.56
Forward P/E
CDNS
47.39
Winner
BNS
13.51
PEG Ratio
CDNS
11.36
Winner
BNS
0.48
Dividend Yield
CDNS
N/A
BNS
5.41%
5Y Dividends CAGR
CDNS
N/A
BNS
2.88%
5Y EPS CAGR
Winner
CDNS
21.45%
BNS
4.61%
Debt to Equity
Winner
CDNS
0.00%
BNS
291.91%
Free Cash Flow Yield
Winner
CDNS
1.41%
BNS
-6.47%
P/S Ratio
CDNS
18.66
Winner
BNS
3.00
P/B Ratio
CDNS
15.72
Winner
BNS
1.76

CDNS vs BNS - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CDNS
+6.38%
BNS
+5.07%
3M
Winner
CDNS
+25.46%
BNS
+11.71%
6M
CDNS
+11.45%
Winner
BNS
+14.88%
1Y
CDNS
+26.97%
Winner
BNS
+57.75%
5Y(CAGR)
Winner
CDNS
+24.29%
BNS
+10.42%
10Y(CAGR)
Winner
CDNS
+31.22%
BNS
+10.88%
Max(CAGR)
CDNS
+12.79%
Winner
BNS
+13.00%

CDNS vs BNS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearCDNSBNS
2026+21.20%+10.52%
2025+5.01%+45.36%
2024+14.29%+18.56%
2023+70.62%+9.79%
2022-12.30%-28.63%
2021+37.26%+41.58%
2020+90.97%+1.18%
2019+60.44%+16.46%
2018+3.40%-19.05%
2017+65.04%+20.31%
2016+22.84%+47.80%
2015+10.52%-23.35%
2014+35.40%-4.02%
2013+0.14%+10.63%
2012+30.66%+18.04%
2011+24.55%-10.15%
2010+34.97%+26.85%
2009+55.99%+80.69%
2008-78.21%-43.81%
2007-6.28%+17.80%
2006+5.66%+15.87%
2005+23.05%+22.22%
2004-24.37%+38.04%
2003+54.20%+54.96%
2002-44.91%+13.51%
2001-11.90%+17.33%
2000+24.66%+25.59%
1999+56.76%-1.27%

CDNS vs BNS Drawdown Comparison

The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.

The maximum drawdown for BNS was -63.64%, occurring on Feb 23, 2009. Recovery took 599 trading sessions.

The current CDNS drawdown is -9.65%. The current BNS drawdown is -1.02%.

RankCDNSBNS
#1-91.92%
Jan 22, 2001 - Apr 19, 2017
-63.64%
Nov 2, 2007 - Mar 23, 2010
#2-43.75%
Dec 31, 1999 - Sep 13, 2000
-46.32%
Jan 5, 2018 - Feb 19, 2021
#3-32.12%
Feb 19, 2020 - Apr 24, 2020
-43.24%
Jul 28, 2014 - Jan 25, 2017
#4-29.59%
Dec 27, 2021 - Aug 15, 2022
-39.15%
Mar 22, 2022 - Aug 26, 2025
#5-29.05%
Jun 18, 2024 - Jul 3, 2025
-24.10%
Apr 1, 2011 - Dec 18, 2012
#6-28.85%
Sep 22, 2025 - May 22, 2026
-23.75%
Feb 6, 2001 - Jul 6, 2001
#7-26.25%
Aug 15, 2022 - Feb 14, 2023
-23.00%
May 29, 2002 - Dec 26, 2002
#8-21.72%
Jan 26, 2018 - Jul 25, 2018
-21.02%
Nov 3, 1999 - Apr 25, 2000
#9-21.67%
Sep 15, 2000 - Oct 24, 2000
-15.68%
Apr 7, 2004 - Aug 19, 2004
#10-18.83%
Mar 1, 2021 - Apr 15, 2021
-14.97%
Sep 21, 2000 - Jan 30, 2001
#11-18.51%
Dec 11, 2000 - Jan 9, 2001
-13.36%
Feb 10, 2026 - Apr 30, 2026
#12-17.92%
Apr 15, 2021 - Jul 30, 2021
-13.31%
Nov 20, 2013 - May 15, 2014
#13-17.56%
Jul 29, 2019 - Feb 12, 2020
-12.84%
Aug 29, 2001 - Dec 19, 2001
#14-17.20%
Aug 29, 2018 - Jan 30, 2019
-12.51%
May 3, 2010 - Sep 13, 2010
#15-15.41%
Oct 24, 2000 - Dec 8, 2000
-12.41%
Jun 1, 2007 - Sep 17, 2007

Correlation

Correlation between CDNS and BNS is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78
-101

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