CDNS vs MELI
Comparison between Cadence Design Systems Inc (CDNS, Company) and MercadoLibre Inc (MELI, Company).
CDNS is from the Technology sector, while MELI is from the Consumer Cyclical sector.
5-Year PerformanceCDNS has outperformed MELI, delivering a return of +17.8% compared to +2.2%
CDNS vs MELI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CDNS vs MELI - Historical Returns
Returns include dividend reinvestment.
CDNS vs MELI - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CDNS | MELI |
|---|---|---|
| 2026 | +6.46% | -8.87% |
| 2025 | +5.01% | +14.12% |
| 2024 | +14.29% | +11.20% |
| 2023 | +70.62% | +90.23% |
| 2022 | -12.30% | -36.51% |
| 2021 | +37.26% | -17.78% |
| 2020 | +90.97% | +174.54% |
| 2019 | +60.44% | +91.92% |
| 2018 | +3.40% | -9.22% |
| 2017 | +65.04% | +95.87% |
| 2016 | +22.84% | +42.60% |
| 2015 | +10.52% | -8.82% |
| 2014 | +35.40% | +24.25% |
| 2013 | +0.14% | +31.69% |
| 2012 | +30.66% | -3.46% |
| 2011 | +24.55% | +13.96% |
| 2010 | +34.97% | +31.74% |
| 2009 | +55.99% | +195.05% |
| 2008 | -78.21% | -76.59% |
| 2007 | -6.28% | +159.23% |
| 2006 | +5.66% | N/A |
| 2005 | +23.05% | N/A |
| 2004 | -24.37% | N/A |
| 2003 | +54.20% | N/A |
| 2002 | -44.91% | N/A |
| 2001 | -11.90% | N/A |
| 2000 | +24.66% | N/A |
| 1999 | +56.76% | N/A |
CDNS vs MELI Drawdown Comparison
The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.
The maximum drawdown for MELI was -89.49%, occurring on Nov 20, 2008. Recovery took 819 trading sessions.
The current CDNS drawdown is -20.64%. The current MELI drawdown is -31.18%.
| Rank | CDNS | MELI |
|---|---|---|
| #1 | -91.92% Jan 22, 2001 - Apr 19, 2017 | -89.49% Dec 28, 2007 - Mar 30, 2011 |
| #2 | -43.75% Dec 31, 1999 - Sep 13, 2000 | -69.12% Jan 20, 2021 - Aug 15, 2024 |
| #3 | -32.12% Feb 19, 2020 - Apr 24, 2020 | -46.15% May 2, 2011 - Dec 6, 2011 |
| #4 | -29.59% Dec 27, 2021 - Aug 15, 2022 | -43.49% May 4, 2015 - Jul 20, 2016 |
| #5 | -29.05% Jun 18, 2024 - Jul 3, 2025 | -43.45% Oct 21, 2013 - Apr 29, 2015 |
| #6 | -28.85% Sep 22, 2025 - May 22, 2026 | -40.82% Jun 30, 2025 - May 15, 2026 |
| #7 | -26.25% Aug 15, 2022 - Feb 14, 2023 | -39.77% Feb 19, 2020 - May 6, 2020 |
| #8 | -21.72% Jan 26, 2018 - Jul 25, 2018 | -37.79% Mar 9, 2018 - Feb 27, 2019 |
| #9 | -21.67% Sep 15, 2000 - Oct 24, 2000 | -36.07% Feb 27, 2012 - May 3, 2013 |
| #10 | -20.76% Jun 2, 2026 - Jul 20, 2026 | -30.02% Aug 9, 2019 - Jan 13, 2020 |
| #11 | -18.83% Mar 1, 2021 - Apr 15, 2021 | -25.39% May 16, 2017 - Dec 13, 2017 |
| #12 | -18.51% Dec 11, 2000 - Jan 9, 2001 | -23.29% Oct 30, 2007 - Nov 15, 2007 |
| #13 | -17.92% Apr 15, 2021 - Jul 30, 2021 | -22.15% Sep 12, 2024 - Feb 21, 2025 |
| #14 | -17.56% Jul 29, 2019 - Feb 12, 2020 | -20.83% Sep 22, 2016 - Feb 6, 2017 |
| #15 | -17.20% Aug 29, 2018 - Jan 30, 2019 | -20.59% Feb 21, 2025 - Apr 29, 2025 |
Correlation
Correlation between CDNS and MELI is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
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