Cadence Design Systems, Inc. is a company in the U.S. stock market and it is a holding in 213 U.S.-traded ETFs. CDNS has around 32.0M shares in the U.S. ETF market. The largest ETF holder of CDNS is the Invesco QQQ Trust (QQQ), with approximately 3.52M shares. Investors may also find of interest that the ETF with the largest allocation to CDNS stock is Invesco Dynamic Software ETF (PSJ), with a portfolio weight of 5.40%. On average, U.S. ETFs allocate 0.51% of CDNS to their portfolios.
Additionally, CDNS is a favorite stock for Vanilla and Multi-factor ETFs. It is also most likely to belong to Broad-based ETFs. The best-performing ETF in the past 12 months with CDNS as a holding is the ProShares UltraPro QQQ (TQQQ), with a return of 359.62%.