INTC vs. CIEN
INTC (Intel Corporation) and CIEN (Ciena Corporation) are both stocks. Both are in the Technology sector — INTC in Semiconductors, CIEN in Communication Equipment. Over the past 10 years, INTC returned 15.65%/yr vs 36.28%/yr for CIEN. At a 0.39 correlation, their price movements are largely independent.
Performance
INTC vs. CIEN - Performance Comparison
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Returns By Period
In the year-to-date period, INTC achieves a 198.83% return, which is significantly higher than CIEN's 99.54% return. Over the past 10 years, INTC has underperformed CIEN with an annualized return of 15.65%, while CIEN has yielded a comparatively higher 36.28% annualized return.
INTC
- 1D
- 11.19%
- 1M
- -11.73%
- YTD
- 198.83%
- 6M
- 173.62%
- 1Y
- 449.70%
- 3Y*
- 53.12%
- 5Y*
- 16.15%
- 10Y*
- 15.65%
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%
INTC vs. CIEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INTC Intel Corporation | 198.83% | 84.04% | -59.57% | 94.56% | -46.64% | 6.05% | -14.69% | 30.71% | 4.23% | 30.87% |
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 INTC and CIEN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 1997 | 0.39 |
Fundamentals
INTC:
$560.50B
CIEN:
$68.28B
INTC:
-$0.67
CIEN:
$3.01
INTC:
9.66
CIEN:
12.19
INTC:
5.03
CIEN:
23.61
INTC:
$53.76B
CIEN:
$5.57B
INTC:
$19.05B
CIEN:
$2.40B
INTC:
$8.83B
CIEN:
$670.55M
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Return for Risk
INTC vs. CIEN — Risk / Return Rank
INTC
CIEN
INTC vs. CIEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intel Corporation (INTC) 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.
| INTC | CIEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.76 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 18.76 | 21.37 | -2.61 |
| Martin ratioReturn relative to average drawdown | 44.28 | 100.03 | -55.75 |
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
| INTC | CIEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.16 | 8.23 | -2.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 1.05 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.82 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.07 | +0.29 |
Drawdowns
INTC vs. CIEN - Drawdown Comparison
The maximum INTC drawdown since its inception was -82.25%, smaller than the maximum CIEN drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for INTC and CIEN.
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Drawdown Indicators
| INTC | CIEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.25% | -99.51% | +17.26% |
Max Drawdown (1Y)Largest decline over 1 year | -24.17% | -25.57% | +1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -63.80% | -45.51% | -18.29% |
Max Drawdown (5Y)Largest decline over 5 years | -65.95% | -49.54% | -16.41% |
Max Drawdown (10Y)Largest decline over 10 years | -70.80% | -49.54% | -21.26% |
Current DrawdownCurrent decline from peak | -14.81% | -55.41% | +40.60% |
Average DrawdownAverage peak-to-trough decline | -36.67% | -87.11% | +50.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 5.45% | +4.77% |
Volatility
INTC vs. CIEN - Volatility Comparison
Intel Corporation (INTC) has a higher volatility of 26.82% compared to Ciena Corporation (CIEN) at 25.17%. This indicates that INTC's price experiences larger fluctuations and is considered to be riskier 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
| INTC | CIEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.82% | 25.17% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 57.68% | 55.99% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.75% | 66.51% | +7.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.06% | 48.49% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.07% | 44.33% | -0.26% |
Dividends
INTC vs. CIEN - Dividend Comparison
Neither INTC nor CIEN has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INTC Intel Corporation | 0.00% | 0.00% | 1.87% | 1.47% | 5.52% | 2.70% | 2.65% | 2.11% | 2.56% | 2.33% | 2.87% | 2.79% |
Financials
INTC vs. CIEN - Financials Comparison
This section allows you to compare key financial metrics between Intel Corporation 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
INTC vs. CIEN - Profitability Comparison
INTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported a gross profit of 5.35B and revenue of 13.58B. Therefore, the gross margin over that period was 39.4%.
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%.
INTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported an operating income of -3.14B and revenue of 13.58B, resulting in an operating margin of -23.1%.
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%.
INTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported a net income of -3.73B and revenue of 13.58B, resulting in a net margin of -27.5%.
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
INTC and CIEN have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INTC has higher volatility (26.82%) compared to CIEN (25.17%). In terms of maximum drawdown, INTC dropped -82.25% vs CIEN's -99.51%.
CIEN currently has the higher Sharpe Ratio (8.23 vs 6.16), 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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