Cadence Design Systems Inc vs iShares MSCI United Kingdom (FTSE) — how do they compare? Cadence Design Systems Inc trades at $326.5 (market cap $90.20B), while iShares MSCI United Kingdom (FTSE) trades at $48.28. The key difference: iShares MSCI United Kingdom (FTSE) is trading nearer its 52-week high, Cadence Design Systems Inc nearer its low. Which is the better fit depends on your goals.
| CDNS | EWU | |
|---|---|---|
Market Cap | $90.20B | — |
Sector | Technology | Broad Market / Factor |
52-Week High | $416.39 | $48.68 |
52-Week Low | $265.66 | $40.90 |
Enterprise Value | $91.41B | — |
Trailing returns across standard periods
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →EWU is a country-specific ETF that tracks the performance of the United Kingdom equity market. It provides exposure to large and mid-sized UK companies, with significant weightings in financials, energy, and healthcare, including Shell, AstraZeneca, and HSBC.
Read more on EWU →