CIEN vs. ECHO
CIEN (Ciena Corporation) and ECHO (EchoStar Corporation) are both stocks. CIEN operates in Communication Equipment (Technology), while ECHO operates in Telecom Services (Communication Services). At a correlation of -0.31, they often move in opposite directions.
Performance
CIEN vs. ECHO - Performance Comparison
Loading charts...
Returns By Period
CIEN
- 1D
- 2.43%
- 1M
- -15.45%
- YTD
- 109.76%
- 6M
- 105.81%
- 1Y
- 503.17%
- 3Y*
- 126.01%
- 5Y*
- 53.37%
- 10Y*
- 38.81%
ECHO
- 1D
- 0.65%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CIEN vs. ECHO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CIEN Ciena Corporation | 6.57% |
ECHO EchoStar Corporation | -1.85% |
Correlation
The correlation between CIEN and ECHO is -0.31, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026 | -0.31 |
Fundamentals
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CIEN vs. ECHO — Risk / Return Rank
CIEN
ECHO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CIEN vs. ECHO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ciena Corporation (CIEN) and EchoStar Corporation (ECHO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CIEN | ECHO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.71 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 16.01 | — | — |
| Martin ratioReturn relative to average drawdown | 58.74 | — | — |
Loading charts...
Drawdowns
CIEN vs. ECHO - Drawdown Comparison
The maximum CIEN drawdown since its inception was -99.51%, which is greater than ECHO's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for CIEN and ECHO.
Loading charts...
Drawdown Indicators
| CIEN | ECHO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.51% | -6.48% | -93.03% |
Max Drawdown (1Y)Largest decline over 1 year | -31.70% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -45.51% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -49.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.54% | — | — |
Current DrawdownCurrent decline from peak | -53.12% | -2.33% | -50.79% |
Average DrawdownAverage peak-to-trough decline | -87.04% | -3.67% | -83.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.62% | — | — |
Volatility
CIEN vs. ECHO - Volatility Comparison
Loading charts...
Volatility by Period
| CIEN | ECHO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 54.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 67.53% | 42.51% | +25.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.87% | 42.51% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.42% | 42.51% | +1.91% |
Dividends
CIEN vs. ECHO - Dividend Comparison
Neither CIEN nor ECHO has paid dividends to shareholders.
Financials
CIEN vs. ECHO - Financials Comparison
This section allows you to compare key financial metrics between Ciena Corporation and EchoStar 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
Frequently Asked Questions
CIEN and ECHO have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CIEN and ECHO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer