SPOT vs CDNS
Comparison between Spotify Technology S.A. (SPOT, Company) and Cadence Design Systems Inc (CDNS, Company).
SPOT is from the Communication Services sector, while CDNS is from the Technology sector.
5-Year PerformanceCDNS has outperformed SPOT, delivering a return of +25.0% compared to +14.6%
SPOT vs CDNS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SPOT vs CDNS - Historical Returns
Returns include dividend reinvestment.
SPOT vs CDNS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | SPOT | CDNS |
|---|---|---|
| 2026 | -16.55% | +27.09% |
| 2025 | +26.85% | +5.01% |
| 2024 | +136.96% | +14.29% |
| 2023 | +129.44% | +70.62% |
| 2022 | -67.66% | -12.30% |
| 2021 | -24.75% | +37.26% |
| 2020 | +107.53% | +90.97% |
| 2019 | +31.48% | +60.44% |
| 2018 | -23.83% | +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% |
SPOT vs CDNS Drawdown Comparison
The maximum drawdown for SPOT was -80.51%, occurring on Nov 4, 2022. Recovery took 902 trading sessions.
The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.
The current SPOT drawdown is -38.16%. The current CDNS drawdown is -5.26%.
| Rank | SPOT | CDNS |
|---|---|---|
| #1 | -80.51% Feb 19, 2021 - Sep 20, 2024 | -91.92% Jan 22, 2001 - Apr 19, 2017 |
| #2 | -46.80% Jun 26, 2025 - Feb 5, 2026 | -43.75% Dec 31, 1999 - Sep 13, 2000 |
| #3 | -45.57% Jul 26, 2018 - Jun 17, 2020 | -32.12% Feb 19, 2020 - Apr 24, 2020 |
| #4 | -24.54% Feb 13, 2025 - May 7, 2025 | -29.59% Dec 27, 2021 - Aug 15, 2022 |
| #5 | -20.73% Sep 1, 2020 - Dec 2, 2020 | -29.05% Jun 18, 2024 - Jul 3, 2025 |
| #6 | -14.49% Jul 20, 2020 - Sep 1, 2020 | -28.85% Sep 22, 2025 - May 22, 2026 |
| #7 | -11.99% Jan 8, 2021 - Feb 16, 2021 | -26.25% Aug 15, 2022 - Feb 14, 2023 |
| #8 | -11.76% May 2, 2018 - Jun 8, 2018 | -21.72% Jan 26, 2018 - Jul 25, 2018 |
| #9 | -10.95% Dec 4, 2024 - Jan 24, 2025 | -21.67% Sep 15, 2000 - Oct 24, 2000 |
| #10 | -9.41% Dec 10, 2020 - Jan 8, 2021 | -18.83% Mar 1, 2021 - Apr 15, 2021 |
| #11 | -7.32% Jun 22, 2018 - Jul 11, 2018 | -18.51% Dec 11, 2000 - Jan 9, 2001 |
| #12 | -7.09% Jul 10, 2020 - Jul 20, 2020 | -17.92% Apr 15, 2021 - Jul 30, 2021 |
| #13 | -6.83% Apr 10, 2018 - Apr 18, 2018 | -17.56% Jul 29, 2019 - Feb 12, 2020 |
| #14 | -5.64% May 7, 2025 - May 19, 2025 | -17.20% Aug 29, 2018 - Jan 30, 2019 |
| #15 | -5.47% Sep 25, 2024 - Oct 22, 2024 | -15.41% Oct 24, 2000 - Dec 8, 2000 |
Correlation
Correlation between SPOT and CDNS is 0.71 which considered as a strong positive correlation - the stocks tend to move together.
Select Stocks to Compare
More Comparisons
Compare with similar stocks