CDNS vs ELV
Comparison between Cadence Design Systems Inc (CDNS, Company) and Elevance Health Inc (ELV, Company).
CDNS is from the Technology sector, while ELV is from the Healthcare sector.
5-Year PerformanceCDNS has outperformed ELV, delivering a return of +15.3% compared to +2.6%
CDNS vs ELV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CDNS vs ELV - Historical Returns
Returns include dividend reinvestment.
CDNS vs ELV - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CDNS | ELV |
|---|---|---|
| 2026 | +2.78% | +14.24% |
| 2025 | +5.01% | -2.31% |
| 2024 | +14.29% | -21.92% |
| 2023 | +70.62% | -4.90% |
| 2022 | -12.30% | +11.51% |
| 2021 | +37.26% | +47.28% |
| 2020 | +90.97% | +8.14% |
| 2019 | +60.44% | +19.80% |
| 2018 | +3.40% | +17.59% |
| 2017 | +65.04% | +59.32% |
| 2016 | +22.84% | +5.29% |
| 2015 | +10.52% | +13.06% |
| 2014 | +35.40% | +40.89% |
| 2013 | +0.14% | +54.62% |
| 2012 | +30.66% | -8.20% |
| 2011 | +24.55% | +15.99% |
| 2010 | +34.97% | -4.84% |
| 2009 | +55.99% | +32.93% |
| 2008 | -78.21% | -51.57% |
| 2007 | -6.28% | +12.20% |
| 2006 | +5.66% | -0.84% |
| 2005 | +23.05% | +41.85% |
| 2004 | -24.37% | +50.76% |
| 2003 | +54.20% | +18.39% |
| 2002 | -44.91% | +28.89% |
| 2001 | -11.90% | +21.03% |
| 2000 | +24.66% | N/A |
| 1999 | +56.76% | N/A |
CDNS vs ELV Drawdown Comparison
The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.
The maximum drawdown for ELV was -67.19%, occurring on Nov 20, 2008. Recovery took 1400 trading sessions.
The current CDNS drawdown is -23.38%. The current ELV drawdown is -26.10%.
| Rank | CDNS | ELV |
|---|---|---|
| #1 | -91.92% Jan 22, 2001 - Apr 19, 2017 | -67.19% Dec 24, 2007 - Jul 18, 2013 |
| #2 | -43.75% Dec 31, 1999 - Sep 13, 2000 | -50.38% Sep 3, 2024 - Aug 1, 2025 |
| #3 | -32.12% Feb 19, 2020 - Apr 24, 2020 | -44.14% Feb 26, 2019 - Oct 23, 2020 |
| #4 | -29.59% Dec 27, 2021 - Aug 15, 2022 | -30.85% Jun 22, 2015 - Mar 1, 2017 |
| #5 | -29.05% Jun 18, 2024 - Jul 3, 2025 | -27.33% Jun 12, 2002 - May 20, 2003 |
| #6 | -28.85% Sep 22, 2025 - May 22, 2026 | -23.59% Oct 31, 2022 - Apr 25, 2024 |
| #7 | -26.25% Aug 15, 2022 - Feb 14, 2023 | -23.04% Apr 12, 2004 - Nov 15, 2004 |
| #8 | -24.69% Jun 2, 2026 - Aug 20, 2026 | -20.50% Jun 18, 2003 - Feb 2, 2004 |
| #9 | -21.72% Jan 26, 2018 - Jul 25, 2018 | -16.21% Jan 26, 2018 - Aug 2, 2018 |
| #10 | -21.67% Sep 15, 2000 - Oct 24, 2000 | -15.93% Dec 3, 2018 - Jan 30, 2019 |
| #11 | -18.83% Mar 1, 2021 - Apr 15, 2021 | -15.92% Apr 20, 2022 - Oct 26, 2022 |
| #12 | -18.51% Dec 11, 2000 - Jan 9, 2001 | -15.63% Dec 29, 2005 - Feb 6, 2007 |
| #13 | -17.92% Apr 15, 2021 - Jul 30, 2021 | -15.08% Jan 11, 2021 - Mar 8, 2021 |
| #14 | -17.56% Jul 29, 2019 - Feb 12, 2020 | -12.48% May 18, 2007 - Dec 6, 2007 |
| #15 | -17.20% Aug 29, 2018 - Jan 30, 2019 | -12.22% Oct 23, 2020 - Nov 4, 2020 |
Correlation
Correlation between CDNS and ELV is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
Select Stocks to Compare
More Comparisons
Compare with similar stocks