VIAV vs. ZBH
Compare and contrast key facts about Viavi Solutions Inc. (VIAV) and Zimmer Biomet Holdings, Inc. (ZBH).
Performance
VIAV vs. ZBH - Performance Comparison
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VIAV vs. ZBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIAV Viavi Solutions Inc. | 86.76% | 76.44% | 0.30% | -4.19% | -40.35% | 17.66% | -0.17% | 49.25% | 14.99% | 6.85% |
ZBH Zimmer Biomet Holdings, Inc. | 0.83% | -14.03% | -12.46% | -3.81% | 4.24% | -17.02% | 3.77% | 45.37% | -13.30% | 17.86% |
Fundamentals
VIAV:
-$0.19
ZBH:
$4.27
VIAV:
6.01
ZBH:
5.33
VIAV:
$1.24B
ZBH:
$2.24B
VIAV:
$701.10M
ZBH:
$1.27B
VIAV:
-$15.80M
ZBH:
$1.76B
Returns By Period
In the year-to-date period, VIAV achieves a 86.76% return, which is significantly higher than ZBH's 0.83% return. Over the past 10 years, VIAV has outperformed ZBH with an annualized return of 16.97%, while ZBH has yielded a comparatively lower -0.60% annualized return.
VIAV
- 1D
- 4.62%
- 1M
- 12.02%
- YTD
- 86.76%
- 6M
- 162.25%
- 1Y
- 197.41%
- 3Y*
- 45.38%
- 5Y*
- 15.75%
- 10Y*
- 16.97%
ZBH
- 1D
- 2.31%
- 1M
- -7.90%
- YTD
- 0.83%
- 6M
- -7.71%
- 1Y
- -19.27%
- 3Y*
- -10.42%
- 5Y*
- -9.50%
- 10Y*
- -0.60%
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Return for Risk
VIAV vs. ZBH — Risk / Return Rank
VIAV
ZBH
VIAV vs. ZBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Viavi Solutions Inc. (VIAV) and Zimmer Biomet Holdings, Inc. (ZBH). 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.
| VIAV | ZBH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.60 | -0.62 | +4.22 |
Sortino ratioReturn per unit of downside risk | 3.96 | -0.66 | +4.62 |
Omega ratioGain probability vs. loss probability | 1.62 | 0.90 | +0.72 |
Calmar ratioReturn relative to maximum drawdown | 9.22 | -0.78 | +10.00 |
Martin ratioReturn relative to average drawdown | 19.66 | -1.16 | +20.82 |
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
| VIAV | ZBH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.60 | -0.62 | +4.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | -0.37 | +0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | -0.02 | +0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.19 | +0.27 |
Correlation
The correlation between VIAV and ZBH is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VIAV vs. ZBH - Dividend Comparison
VIAV has not paid dividends to shareholders, while ZBH's dividend yield for the trailing twelve months is around 1.06%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIAV Viavi Solutions Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 77.01% |
ZBH Zimmer Biomet Holdings, Inc. | 1.06% | 1.07% | 0.91% | 0.79% | 0.75% | 0.76% | 0.62% | 0.64% | 0.93% | 0.80% | 0.93% | 0.86% |
Drawdowns
VIAV vs. ZBH - Drawdown Comparison
The maximum VIAV drawdown since its inception was -62.88%, roughly equal to the maximum ZBH drawdown of -65.03%. Use the drawdown chart below to compare losses from any high point for VIAV and ZBH.
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Drawdown Indicators
| VIAV | ZBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.88% | -65.03% | +2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -21.21% | -23.33% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -62.88% | -48.59% | -14.29% |
Max Drawdown (10Y)Largest decline over 10 years | -62.88% | -49.73% | -13.15% |
Current DrawdownCurrent decline from peak | -10.71% | -45.62% | +34.91% |
Average DrawdownAverage peak-to-trough decline | -20.18% | -19.86% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.95% | 15.94% | -5.99% |
Volatility
VIAV vs. ZBH - Volatility Comparison
Viavi Solutions Inc. (VIAV) has a higher volatility of 25.77% compared to Zimmer Biomet Holdings, Inc. (ZBH) at 7.59%. This indicates that VIAV's price experiences larger fluctuations and is considered to be riskier than ZBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VIAV | ZBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.77% | 7.59% | +18.18% |
Volatility (6M)Calculated over the trailing 6-month period | 47.84% | 23.32% | +24.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.18% | 31.06% | +24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.05% | 26.04% | +14.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.89% | 28.11% | +8.78% |
Financials
VIAV vs. ZBH - Financials Comparison
This section allows you to compare key financial metrics between Viavi Solutions Inc. and Zimmer Biomet Holdings, Inc.. 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
VIAV vs. ZBH - Profitability Comparison
VIAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Viavi Solutions Inc. reported a gross profit of 212.10M and revenue of 369.30M. Therefore, the gross margin over that period was 57.4%.
ZBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zimmer Biomet Holdings, Inc. reported a gross profit of -3.01B and revenue of -3.74B. Therefore, the gross margin over that period was 80.5%.
VIAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Viavi Solutions Inc. reported an operating income of -3.10M and revenue of 369.30M, resulting in an operating margin of -0.8%.
ZBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zimmer Biomet Holdings, Inc. reported an operating income of 0.00 and revenue of -3.74B, resulting in an operating margin of 0.0%.
VIAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Viavi Solutions Inc. reported a net income of -48.10M and revenue of 369.30M, resulting in a net margin of -13.0%.
ZBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zimmer Biomet Holdings, Inc. reported a net income of 0.00 and revenue of -3.74B, resulting in a net margin of 0.0%.