VICR vs. CIEN
VICR (Vicor Corporation) and CIEN (Ciena Corporation) are both stocks. Both are in the Technology sector — VICR in Electronic Components, CIEN in Communication Equipment. Over the past 10 years, VICR returned 39.83%/yr vs 38.07%/yr for CIEN. At a 0.34 correlation, their price movements are largely independent.
Performance
VICR vs. CIEN - Performance Comparison
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Returns By Period
In the year-to-date period, VICR achieves a 179.31% return, which is significantly higher than CIEN's 129.03% return. Both investments have delivered pretty close results over the past 10 years, with VICR having a 39.83% annualized return and CIEN not far behind at 38.07%.
VICR
- 1D
- -7.37%
- 1M
- 15.08%
- YTD
- 179.31%
- 6M
- 223.80%
- 1Y
- 592.74%
- 3Y*
- 77.53%
- 5Y*
- 26.80%
- 10Y*
- 39.83%
CIEN
- 1D
- -13.66%
- 1M
- -1.67%
- YTD
- 129.03%
- 6M
- 173.66%
- 1Y
- 538.49%
- 3Y*
- 124.25%
- 5Y*
- 54.93%
- 10Y*
- 38.07%
VICR vs. CIEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VICR Vicor Corporation | 179.31% | 126.82% | 7.52% | -16.39% | -57.67% | 37.69% | 97.39% | 23.63% | 80.81% | 38.41% |
CIEN Ciena Corporation | 129.03% | 175.76% | 88.42% | -11.71% | -33.77% | 45.64% | 23.80% | 25.89% | 62.02% | -14.26% |
Correlation
The correlation between VICR and CIEN is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 1997 | 0.34 |
The correlation between VICR and CIEN shifts across timeframes, from 0.34 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
VICR:
$14.47B
CIEN:
$78.37B
VICR:
$2.98
CIEN:
$3.01
VICR:
102.77
CIEN:
177.84
VICR:
29.78
CIEN:
14.00
VICR:
19.19
CIEN:
27.10
VICR:
$471.70M
CIEN:
$5.57B
VICR:
$277.43M
CIEN:
$2.40B
VICR:
$130.39M
CIEN:
$670.55M
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Return for Risk
VICR vs. CIEN — Risk / Return Rank
VICR
CIEN
VICR vs. CIEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vicor Corporation (VICR) 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.
| VICR | CIEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.76 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 18.68 | 32.26 | -13.58 |
| Martin ratioReturn relative to average drawdown | 69.28 | 107.99 | -38.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VICR | CIEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 7.24 | 8.12 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 1.14 | -0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.86 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.07 | +0.07 |
Drawdowns
VICR vs. CIEN - Drawdown Comparison
The maximum VICR drawdown since its inception was -92.26%, smaller than the maximum CIEN drawdown of -99.51%. Use the drawdown chart below to compare losses from any high point for VICR and CIEN.
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Drawdown Indicators
| VICR | CIEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.26% | -99.51% | +7.25% |
Max Drawdown (1Y)Largest decline over 1 year | -32.01% | -16.84% | -15.17% |
Max Drawdown (3Y)Largest decline over 3 years | -66.55% | -45.51% | -21.04% |
Max Drawdown (5Y)Largest decline over 5 years | -80.47% | -49.54% | -30.93% |
Max Drawdown (10Y)Largest decline over 10 years | -80.47% | -49.54% | -30.93% |
Current DrawdownCurrent decline from peak | -11.49% | -48.82% | +37.33% |
Average DrawdownAverage peak-to-trough decline | -58.47% | -87.12% | +28.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.62% | 5.80% | +2.82% |
Volatility
VICR vs. CIEN - Volatility Comparison
Vicor Corporation (VICR) has a higher volatility of 37.47% compared to Ciena Corporation (CIEN) at 24.80%. This indicates that VICR'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
| VICR | CIEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.47% | 24.80% | +12.67% |
Volatility (6M)Calculated over the trailing 6-month period | 64.69% | 55.10% | +9.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.57% | 66.90% | +15.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.37% | 48.28% | +24.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.67% | 44.20% | +19.47% |
Dividends
VICR vs. CIEN - Dividend Comparison
Neither VICR nor CIEN has paid dividends to shareholders.
Financials
VICR vs. CIEN - Financials Comparison
This section allows you to compare key financial metrics between Vicor 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
VICR vs. CIEN - Profitability Comparison
VICR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vicor Corporation reported a gross profit of 62.37M and revenue of 112.97M. Therefore, the gross margin over that period was 55.2%.
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%.
VICR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vicor Corporation reported an operating income of 16.88M and revenue of 112.97M, resulting in an operating margin of 15.0%.
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%.
VICR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vicor Corporation reported a net income of 20.66M and revenue of 112.97M, resulting in a net margin of 18.3%.
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
VICR and CIEN have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VICR has higher volatility (37.47%) compared to CIEN (24.80%). In terms of maximum drawdown, VICR dropped -92.26% vs CIEN's -99.51%.
CIEN currently has the higher Sharpe Ratio (8.12 vs 7.24), 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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