5 Stock and 95 ETF Cadence Design Systems (CDNS) alternatives
The most close Cadence Design Systems (CDNS) alternative is ETF LABX (TRADR 2X LONG ALAB DAILY ETF). The correlation is 0.8362.
Stocks that highly correlated with CDNS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SNPS | Synopsys Inc | $81B | Technology | Software - Infrastructure | 0.80 |
| ALAB | Astera Labs Inc | $60B | Technology | Semiconductors | 0.75 |
| AMBQ | Ambiq Micro Inc | $1.76B | Technology | Semiconductors | 0.75 |
| BSTZ | BlackRock Science and Technology Term Trust | $2B | Financial Services | Asset Management | 0.74 |
| GENVR | Gen Digital Inc | $843M | N/A | N/A | 0.72 |