MTSI vs. CIFR

Last updated Jun 9, 2026

MTSI (MACOM Technology Solutions Holdings, Inc.) and CIFR (Cipher Mining Inc.) are both stocks. MTSI operates in Semiconductors (Technology), while CIFR operates in Capital Markets (Financial Services). Over the past 3 years, MTSI returned 82.14%/yr vs 119.40%/yr for CIFR. At a 0.33 correlation, their price movements are largely independent.

Performance

MTSI vs. CIFR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MACOM Technology Solutions Holdings, Inc. (MTSI) and Cipher Mining Inc. (CIFR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MTSI achieves a 111.27% return, which is significantly higher than CIFR's 64.57% return.

MTSI

• 1D: 4.77%
• 1M: 0.55%
• YTD: 111.27%
• 6M: 95.03%
• 1Y: 189.40%
• 3Y*: 82.14%
• 5Y*: 43.33%
• 10Y*: 25.43%

CIFR

• 1D: 8.20%
• 1M: 18.20%
• YTD: 64.57%
• 6M: 24.69%
• 1Y: 522.82%
• 3Y*: 119.40%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MTSI vs. CIFR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MTSI MACOM Technology Solutions Holdings, Inc.	111.27%	31.85%	39.76%	47.59%	-19.57%	24.66%
CIFR Cipher Mining Inc.	64.57%	218.10%	12.35%	637.50%	-87.90%	-54.92%

Correlation

The correlation between MTSI and CIFR 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	0.33
Correlation (All Time) Calculated using the full available price history since Aug 31, 2021	0.33

Fundamentals

Market Cap MTSI : $27.91B CIFR : $9.84B
EPS MTSI : $2.33 CIFR : -$2.33
PS Ratio MTSI : 25.59 CIFR : 53.38
PB Ratio MTSI : 19.69 CIFR : 13.78
Total Revenue (TTM) MTSI : $1.07B CIFR : $174.98M
Gross Profit (TTM) MTSI : $594.25M CIFR : -$172.84M
EBITDA (TTM) MTSI : $245.21M CIFR : -$169.22M

Return for Risk

MTSI vs. CIFR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MTSI

MTSI Risk / Return Rank: 96
MTSI Sharpe Ratio Rank: 97
MTSI Sortino Ratio Rank: 94
MTSI Omega Ratio Rank: 94
MTSI Calmar Ratio Rank: 97
MTSI Martin Ratio Rank: 97

CIFR

CIFR Risk / Return Rank: 96
CIFR Sharpe Ratio Rank: 99
CIFR Sortino Ratio Rank: 95
CIFR Omega Ratio Rank: 92
CIFR Calmar Ratio Rank: 98
CIFR Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MTSI vs. CIFR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MACOM Technology Solutions Holdings, Inc. (MTSI) and Cipher Mining Inc. (CIFR). 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.

	MTSI	CIFR	Difference
Sharpe ratio: Return per unit of total volatility	3.77	4.86	-1.10
Sortino ratio: Return per unit of downside risk	3.70	3.84	-0.14
Omega ratio: Gain probability vs. loss probability	1.50	1.45	+0.05
Calmar ratio: Return relative to maximum drawdown	9.66	10.27	-0.61
Martin ratio: Return relative to average drawdown	25.31	20.60	+4.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTSI vs. CIFR - Sharpe Ratio Comparison

The current MTSI Sharpe Ratio is 3.77, which is comparable to the CIFR Sharpe Ratio of 4.86. The chart below compares the historical Sharpe Ratios of MTSI and CIFR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MTSI	CIFR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.77	4.86	-1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.16	+0.28

Drawdowns

MTSI vs. CIFR - Drawdown Comparison

The maximum MTSI drawdown since its inception was -80.78%, smaller than the maximum CIFR drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for MTSI and CIFR.

Drawdown Indicators

	MTSI	CIFR	Difference
Max Drawdown Largest peak-to-trough decline	-80.78%	-97.16%	+16.38%
Max Drawdown (1Y) Largest decline over 1 year	-19.74%	-51.38%	+31.64%
Max Drawdown (3Y) Largest decline over 3 years	-41.09%	-71.74%	+30.65%
Max Drawdown (5Y) Largest decline over 5 years	-44.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.78%	—	—
Current Drawdown Current decline from peak	-11.67%	-7.61%	-4.06%
Average Drawdown Average peak-to-trough decline	-26.23%	-66.47%	+40.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.52%	25.55%	-18.03%

Volatility

MTSI vs. CIFR - Volatility Comparison

The current volatility for MACOM Technology Solutions Holdings, Inc. (MTSI) is 20.61%, while Cipher Mining Inc. (CIFR) has a volatility of 27.70%. This indicates that MTSI experiences smaller price fluctuations and is considered to be less risky than CIFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTSI	CIFR	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.61%	27.70%	-7.09%
Volatility (6M) Calculated over the trailing 6-month period	40.42%	70.95%	-30.53%
Volatility (1Y) Calculated over the trailing 1-year period	50.69%	108.62%	-57.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.64%	122.03%	-78.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.42%	122.03%	-69.61%

Dividends

MTSI vs. CIFR - Dividend Comparison

Neither MTSI nor CIFR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MTSI and CIFR in my portfolio?

MTSI and CIFR 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.

Which is riskier, MTSI or CIFR?

CIFR has higher volatility (27.70%) compared to MTSI (20.61%). In terms of maximum drawdown, MTSI dropped -80.78% vs CIFR's -97.16%.

Which has better risk-adjusted returns?

CIFR currently has the higher Sharpe Ratio (4.86 vs 3.77), 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.