IBN vs CDNS
Comparison between ICICI Bank Ltd (IBN, Company) and Cadence Design Systems Inc (CDNS, Company).
IBN is from the Financial Services sector, while CDNS is from the Technology sector.
5-Year PerformanceCDNS has outperformed IBN, delivering a return of +22.9% compared to +10.4%
IBN vs CDNS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IBN vs CDNS - Historical Returns
Returns include dividend reinvestment.
IBN vs CDNS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | IBN | CDNS |
|---|---|---|
| 2026 | -11.67% | +16.85% |
| 2025 | +0.73% | +5.01% |
| 2024 | +28.43% | +14.29% |
| 2023 | +9.55% | +70.62% |
| 2022 | +8.20% | -12.30% |
| 2021 | +37.45% | +37.26% |
| 2020 | -2.43% | +90.97% |
| 2019 | +44.62% | +60.44% |
| 2018 | +4.75% | +3.40% |
| 2017 | +43.94% | +65.04% |
| 2016 | +0.11% | +22.84% |
| 2015 | -33.23% | +10.52% |
| 2014 | +62.86% | +35.40% |
| 2013 | -17.14% | +0.14% |
| 2012 | +58.07% | +30.66% |
| 2011 | -47.59% | +24.55% |
| 2010 | +34.57% | +34.97% |
| 2009 | +85.60% | +55.99% |
| 2008 | -68.46% | -78.21% |
| 2007 | +47.15% | -6.28% |
| 2006 | +41.97% | +5.66% |
| 2005 | +47.93% | +23.05% |
| 2004 | +12.83% | -24.37% |
| 2003 | +178.06% | +54.20% |
| 2002 | +41.63% | -44.91% |
| 2001 | -23.81% | -11.90% |
| 2000 | -55.26% | +24.66% |
| 1999 | N/A | +56.76% |
IBN vs CDNS Drawdown Comparison
The maximum drawdown for IBN was -86.08%, occurring on Mar 9, 2009. Recovery took 1772 trading sessions.
The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.
The current IBN drawdown is -22.43%. The current CDNS drawdown is -2.86%.
| Rank | IBN | CDNS |
|---|---|---|
| #1 | -86.08% Jan 10, 2008 - Jan 26, 2015 | -91.92% Jan 22, 2001 - Apr 19, 2017 |
| #2 | -84.49% Apr 7, 2000 - Dec 29, 2003 | -43.75% Dec 31, 1999 - Sep 13, 2000 |
| #3 | -58.79% Jan 27, 2015 - Jan 25, 2018 | -32.12% Feb 19, 2020 - Apr 24, 2020 |
| #4 | -55.05% Feb 12, 2020 - Feb 1, 2021 | -29.59% Dec 27, 2021 - Aug 15, 2022 |
| #5 | -38.62% Jan 2, 2004 - Nov 23, 2004 | -29.05% Jun 18, 2024 - Jul 3, 2025 |
| #6 | -33.10% Mar 1, 2006 - Oct 12, 2006 | -28.85% Sep 22, 2025 - Apr 10, 2026 |
| #7 | -31.19% Jan 26, 2018 - Mar 15, 2019 | -26.25% Aug 15, 2022 - Feb 14, 2023 |
| #8 | -28.56% Jul 19, 2007 - Oct 1, 2007 | -21.72% Jan 26, 2018 - Jul 25, 2018 |
| #9 | -26.24% Jan 12, 2022 - Aug 12, 2022 | -21.67% Sep 15, 2000 - Oct 24, 2000 |
| #10 | -26.21% Jul 23, 2025 - Mar 30, 2026 | -18.83% Mar 1, 2021 - Apr 15, 2021 |
| #11 | -21.98% Sep 30, 2005 - Dec 16, 2005 | -18.51% Dec 11, 2000 - Jan 9, 2001 |
| #12 | -21.84% Feb 8, 2007 - May 16, 2007 | -17.92% Apr 15, 2021 - Jul 30, 2021 |
| #13 | -20.70% Feb 16, 2021 - May 27, 2021 | -17.56% Jul 29, 2019 - Feb 12, 2020 |
| #14 | -20.38% Oct 31, 2007 - Jan 10, 2008 | -17.20% Aug 29, 2018 - Jan 30, 2019 |
| #15 | -20.18% Feb 28, 2005 - Jul 5, 2005 | -15.41% Oct 24, 2000 - Dec 8, 2000 |
Correlation
Correlation between IBN and CDNS is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
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