CIEN vs. XAIX.DE
Compare and contrast key facts about Ciena Corporation (CIEN) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE).
XAIX.DE is a passively managed fund by Xtrackers that tracks the performance of the Nasdaq Global Artificial Intelligence and Big Data. It was launched on Jan 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIEN or XAIX.DE.
Correlation
The correlation between CIEN and XAIX.DE is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CIEN vs. XAIX.DE - Performance Comparison
Key characteristics
CIEN:
0.64
XAIX.DE:
0.03
CIEN:
1.15
XAIX.DE:
0.19
CIEN:
1.17
XAIX.DE:
1.03
CIEN:
0.35
XAIX.DE:
0.02
CIEN:
2.34
XAIX.DE:
0.09
CIEN:
14.35%
XAIX.DE:
7.75%
CIEN:
52.44%
XAIX.DE:
23.36%
CIEN:
-99.51%
XAIX.DE:
-33.08%
CIEN:
-94.25%
XAIX.DE:
-24.73%
Returns By Period
In the year-to-date period, CIEN achieves a -29.09% return, which is significantly lower than XAIX.DE's -18.77% return.
CIEN
-29.09%
-8.74%
-7.94%
37.40%
6.37%
10.76%
XAIX.DE
-18.77%
-12.18%
-13.38%
-2.09%
17.55%
N/A
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Risk-Adjusted Performance
CIEN vs. XAIX.DE — Risk-Adjusted Performance Rank
CIEN
XAIX.DE
CIEN vs. XAIX.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ciena Corporation (CIEN) and Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE). 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.
Dividends
CIEN vs. XAIX.DE - Dividend Comparison
Neither CIEN nor XAIX.DE has paid dividends to shareholders.
Drawdowns
CIEN vs. XAIX.DE - Drawdown Comparison
The maximum CIEN drawdown since its inception was -99.51%, which is greater than XAIX.DE's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for CIEN and XAIX.DE. For additional features, visit the drawdowns tool.
Volatility
CIEN vs. XAIX.DE - Volatility Comparison
Ciena Corporation (CIEN) has a higher volatility of 25.26% compared to Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) at 14.34%. This indicates that CIEN's price experiences larger fluctuations and is considered to be riskier than XAIX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.