Both in Packaged Software

SERVICENOW vs Cadence Design Systems

Over the past year NOW returned −40.3% and CDNS returned −3.5%; their daily moves had a correlation of 0.32.

NOW −40.3% CDNS −3.5%Growth of $1, one year, split-adjusted
MetricNOWCDNS
Price$109.16$323.75
Market cap$113.30B$88.83B
Today+2.97%−1.75%
1 month−19.8%−8.4%
6 months+18.6%−8.4%
Year to date−28.7%+3.6%
1 year−40.6%−4.4%
Revenue growth (YoY)+20.5%+22.0%
Gross margin70.5%85.6%
Net margin6.7%17.7%
P/E (TTM)78.4×64.3×
Price / sales7.3×14.5×
Net cash-$2.92B-$1.18B
Dividend yield——
Volatility (60d)80.6%41.2%
Short % of float2.7%2.0%
Next earnings——

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