AZN vs. CIEN
AZN (AstraZeneca PLC) and CIEN (Ciena Corporation) are both stocks. AZN operates in Drug Manufacturers - General (Healthcare), while CIEN operates in Communication Equipment (Technology). Over the past 10 years, AZN returned 15.85%/yr vs 36.28%/yr for CIEN. At a 0.19 correlation, their price movements are largely independent.
Performance
AZN vs. CIEN - Performance Comparison
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Returns By Period
In the year-to-date period, AZN achieves a 0.81% return, which is significantly lower than CIEN's 99.54% return. Over the past 10 years, AZN has underperformed CIEN with an annualized return of 15.85%, while CIEN has yielded a comparatively higher 36.28% annualized return.
AZN
- 1D
- -2.37%
- 1M
- -0.71%
- YTD
- 0.81%
- 6M
- 1.53%
- 1Y
- 28.04%
- 3Y*
- 9.54%
- 5Y*
- 12.08%
- 10Y*
- 15.85%
CIEN
- 1D
- -4.41%
- 1M
- -14.86%
- YTD
- 99.54%
- 6M
- 119.17%
- 1Y
- 541.74%
- 3Y*
- 124.31%
- 5Y*
- 50.68%
- 10Y*
- 36.28%
AZN vs. CIEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZN AstraZeneca PLC | 0.81% | 43.30% | -0.62% | 1.44% | 19.14% | 19.66% | 3.12% | 35.68% | 13.86% | 33.10% |
CIEN Ciena Corporation | 99.54% | 175.76% | 88.42% | -11.71% | -33.77% | 45.64% | 23.80% | 25.89% | 62.02% | -14.26% |
Correlation
The correlation between AZN and CIEN is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 1997 | 0.19 |
Fundamentals
AZN:
$283.40B
CIEN:
$68.28B
AZN:
$6.66
CIEN:
$3.01
AZN:
27.27
CIEN:
154.94
AZN:
4.69
CIEN:
12.19
AZN:
5.99
CIEN:
23.61
AZN:
$60.44B
CIEN:
$5.57B
AZN:
$49.37B
CIEN:
$2.40B
AZN:
$20.47B
CIEN:
$670.55M
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Return for Risk
AZN vs. CIEN — Risk / Return Rank
AZN
CIEN
AZN vs. CIEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AstraZeneca PLC (AZN) and Ciena Corporation (CIEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AZN | CIEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.12 | ||
| Sortino ratioReturn per unit of downside risk | -3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.76 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 21.37 | -19.54 |
| Martin ratioReturn relative to average drawdown | 4.90 | 100.03 | -95.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AZN | CIEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 8.23 | -7.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 1.05 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.82 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.07 | +0.43 |
Drawdowns
AZN vs. CIEN - Drawdown Comparison
The maximum AZN drawdown since its inception was -48.94%, smaller than the maximum CIEN drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for AZN and CIEN.
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Drawdown Indicators
| AZN | CIEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.94% | -99.51% | +50.57% |
Max Drawdown (1Y)Largest decline over 1 year | -15.43% | -25.57% | +10.14% |
Max Drawdown (3Y)Largest decline over 3 years | -27.87% | -45.51% | +17.64% |
Max Drawdown (5Y)Largest decline over 5 years | -27.87% | -49.54% | +21.67% |
Max Drawdown (10Y)Largest decline over 10 years | -27.87% | -49.54% | +21.67% |
Current DrawdownCurrent decline from peak | -12.90% | -55.41% | +42.51% |
Average DrawdownAverage peak-to-trough decline | -11.37% | -87.11% | +75.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 5.45% | +0.30% |
Volatility
AZN vs. CIEN - Volatility Comparison
The current volatility for AstraZeneca PLC (AZN) is 7.42%, while Ciena Corporation (CIEN) has a volatility of 25.17%. This indicates that AZN experiences smaller price fluctuations and is considered to be less risky than CIEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AZN | CIEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 25.17% | -17.75% |
Volatility (6M)Calculated over the trailing 6-month period | 17.47% | 55.99% | -38.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.55% | 66.51% | -40.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.02% | 48.49% | -24.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.94% | 44.33% | -19.39% |
Dividends
AZN vs. CIEN - Dividend Comparison
AZN's dividend yield for the trailing twelve months is around 2.93%, while CIEN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZN AstraZeneca PLC | 2.93% | 1.70% | 2.27% | 2.15% | 2.12% | 2.35% | 2.80% | 2.81% | 3.69% | 3.95% | 5.01% | 4.06% |
CIEN Ciena Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AZN vs. CIEN - Financials Comparison
This section allows you to compare key financial metrics between AstraZeneca PLC and Ciena Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AZN vs. CIEN - Profitability Comparison
AZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a gross profit of 12.61B and revenue of 15.29B. Therefore, the gross margin over that period was 82.5%.
CIEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ciena Corporation reported a gross profit of 691.55M and revenue of 1.57B. Therefore, the gross margin over that period was 44.0%.
AZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported an operating income of 4.25B and revenue of 15.29B, resulting in an operating margin of 27.8%.
CIEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ciena Corporation reported an operating income of 237.87M and revenue of 1.57B, resulting in an operating margin of 15.1%.
AZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a net income of 3.08B and revenue of 15.29B, resulting in a net margin of 20.2%.
CIEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ciena Corporation reported a net income of 218.22M and revenue of 1.57B, resulting in a net margin of 13.9%.
Frequently Asked Questions
AZN and CIEN have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIEN has higher volatility (25.17%) compared to AZN (7.42%). In terms of maximum drawdown, AZN dropped -48.94% vs CIEN's -99.51%.
CIEN currently has the higher Sharpe Ratio (8.23 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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