Both in Packaged Software

Cloudflare vs Cadence Design Systems

Over the past year NET returned +63.4% and CDNS returned +1.2%; their daily moves had a correlation of 0.37.

NET +63.4% CDNS +1.2%Growth of $1, one year, split-adjusted
MetricNETCDNS
Price$360.93$352.84
Market cap$128.52B$97.17B
Today+5.57%+1.15%
1 month+16.0%+23.8%
6 months+116.1%+32.8%
Year to date+83.1%+12.9%
1 year+64.1%+0.8%
Revenue growth (YoY)+35.9%+24.2%
Gross margin71.8%84.9%
Net margin−24.4%23.2%
P/E (TTM)—70.5×
Price / sales51.2×16.6×
Net cash$892.5M-$1.04B
Dividend yield——
Volatility (60d)56.8%43.1%
Short % of float2.4%2.1%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).