SNOW vs CDNS
Comparison between Snowflake Inc - Class A (SNOW, Company) and Cadence Design Systems Inc (CDNS, Company).
Both SNOW and CDNS are from the Technology sector.
5-Year PerformanceCDNS has outperformed SNOW, delivering a return of +17.8% compared to +0.0%
SNOW vs CDNS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SNOW vs CDNS - Historical Returns
Returns include dividend reinvestment.
SNOW vs CDNS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | SNOW | CDNS |
|---|---|---|
| 2026 | +22.34% | +6.46% |
| 2025 | +39.27% | +5.01% |
| 2024 | -18.35% | +14.29% |
| 2023 | +46.86% | +70.62% |
| 2022 | -56.77% | -12.30% |
| 2021 | +21.75% | +37.26% |
| 2020 | +10.82% | +90.97% |
| 2019 | N/A | +60.44% |
| 2018 | N/A | +3.40% |
| 2017 | N/A | +65.04% |
| 2016 | N/A | +22.84% |
| 2015 | N/A | +10.52% |
| 2014 | N/A | +35.40% |
| 2013 | N/A | +0.14% |
| 2012 | N/A | +30.66% |
| 2011 | N/A | +24.55% |
| 2010 | N/A | +34.97% |
| 2009 | N/A | +55.99% |
| 2008 | N/A | -78.21% |
| 2007 | N/A | -6.28% |
| 2006 | N/A | +5.66% |
| 2005 | N/A | +23.05% |
| 2004 | N/A | -24.37% |
| 2003 | N/A | +54.20% |
| 2002 | N/A | -44.91% |
| 2001 | N/A | -11.90% |
| 2000 | N/A | +24.66% |
| 1999 | N/A | +56.76% |
SNOW vs CDNS Drawdown Comparison
The maximum drawdown for SNOW was -72.99%, occurring on Sep 6, 2024. This drawdown has not yet recovered.
The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.
The current SNOW drawdown is -34.03%. The current CDNS drawdown is -20.64%.
| Rank | SNOW | CDNS |
|---|---|---|
| #1 | -72.99% Nov 16, 2021 - Sep 6, 2024 | -91.92% Jan 22, 2001 - Apr 19, 2017 |
| #2 | -51.73% Dec 8, 2020 - Nov 15, 2021 | -43.75% Dec 31, 1999 - Sep 13, 2000 |
| #3 | -20.97% Oct 22, 2020 - Nov 25, 2020 | -32.12% Feb 19, 2020 - Apr 24, 2020 |
| #4 | -14.39% Sep 16, 2020 - Sep 29, 2020 | -29.59% Dec 27, 2021 - Aug 15, 2022 |
| #5 | -12.36% Sep 29, 2020 - Oct 21, 2020 | -29.05% Jun 18, 2024 - Jul 3, 2025 |
| #6 | -10.98% Nov 27, 2020 - Dec 3, 2020 | -28.85% Sep 22, 2025 - May 22, 2026 |
| #7 | N/A | -26.25% Aug 15, 2022 - Feb 14, 2023 |
| #8 | N/A | -21.72% Jan 26, 2018 - Jul 25, 2018 |
| #9 | N/A | -21.67% Sep 15, 2000 - Oct 24, 2000 |
| #10 | N/A | -20.76% Jun 2, 2026 - Jul 20, 2026 |
| #11 | N/A | -18.83% Mar 1, 2021 - Apr 15, 2021 |
| #12 | N/A | -18.51% Dec 11, 2000 - Jan 9, 2001 |
| #13 | N/A | -17.92% Apr 15, 2021 - Jul 30, 2021 |
| #14 | N/A | -17.56% Jul 29, 2019 - Feb 12, 2020 |
| #15 | N/A | -17.20% Aug 29, 2018 - Jan 30, 2019 |
Correlation
Correlation between SNOW and CDNS is -0.26 which considered as a very weak or no correlation - the stocks move independently of each other.
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