VIAV vs CGNX

Comparison between Viavi Solutions Inc (VIAV, Company) and Cognex Corp (CGNX, Company).

Both VIAV and CGNX are from the Technology sector.

5-Year PerformanceVIAV has outperformed CGNX, delivering a return of +22.5% compared to -2.5%

VIAV vs CGNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VIAV(COMPANY)	CGNX(COMPANY)
Market Cap	$11B	$11B
Max Drawdown	62.88%	85.19%
Sharpe Ratio	2.84	1.58
5Y Beta	1.20	1.42
Industry	Communication Equipment	Scientific & Technical Instruments
P/E Ratio	-195.76	77.51
Forward P/E	38.91	33.90
PEG Ratio	N/A	3.30
Dividend Yield	N/A	0.50%
5Y Dividends CAGR	N/A	-31.58%
5Y EPS CAGR	N/A	-7.89%
Debt to Equity	127.68%	0.00%
Free Cash Flow Yield	0.41%	2.19%

Market Cap

Winner

VIAV

$11B

CGNX

$11B

Max Drawdown

Winner

VIAV

62.88%

CGNX

85.19%

Sharpe Ratio

Winner

VIAV

2.84

CGNX

1.58

5Y Beta

Winner

VIAV

1.20

CGNX

1.42

Industry

VIAV

Communication Equipment

CGNX

Scientific & Technical Instruments

P/E Ratio

Winner

VIAV

-195.76

CGNX

77.51

Forward P/E

VIAV

38.91

Winner

CGNX

33.90

PEG Ratio

VIAV

N/A

CGNX

3.30

Dividend Yield

VIAV

N/A

CGNX

0.50%

5Y Dividends CAGR

VIAV

N/A

CGNX

-31.58%

5Y EPS CAGR

VIAV

N/A

CGNX

-7.89%

Debt to Equity

VIAV

127.68%

Winner

CGNX

0.00%

Free Cash Flow Yield

VIAV

0.41%

Winner

CGNX

2.19%

VIAV vs CGNX - Historical Returns

Returns include dividend reinvestment.

Period	VIAV	CGNX
1 month	-5.19%	+6.92%
3 months	+45.41%	+32.72%
6 months	+171.09%	+83.27%
1 year	+405.03%	+122.10%
5 years(CAGR)	+22.47%	-2.54%
10 years(CAGR)	+20.98%	+13.01%
Max(CAGR)	+20.45%	+9.53%

VIAV

-5.19%

Winner

CGNX

+6.92%

Winner

VIAV

+45.41%

CGNX

+32.72%

Winner

VIAV

+171.09%

CGNX

+83.27%

Winner

VIAV

+405.03%

CGNX

+122.10%

5Y(CAGR)

Winner

VIAV

+22.47%

CGNX

-2.54%

10Y(CAGR)

Winner

VIAV

+20.98%

CGNX

+13.01%

Max(CAGR)

Winner

VIAV

+20.45%

CGNX

+9.53%

VIAV vs CGNX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VIAV	CGNX
2026	+159.89%	+79.50%
2025	+76.44%	+1.71%
2024	+0.90%	-10.44%
2023	-5.53%	-12.34%
2022	-41.05%	-38.45%
2021	+19.54%	-2.77%
2020	-2.16%	+46.09%
2019	+51.06%	+45.84%
2018	+12.17%	-36.76%
2017	+4.55%	+93.98%
2016	+34.32%	+92.37%
2015	-2.40%	-16.87%
2014	N/A	+9.22%
2013	N/A	+98.75%
2012	N/A	+4.12%
2011	N/A	+19.53%
2010	N/A	+64.06%
2009	N/A	+19.35%
2008	N/A	-23.48%
2007	N/A	-15.44%
2006	N/A	-18.91%
2005	N/A	+12.82%
2004	N/A	-0.78%
2003	N/A	+47.96%
2002	N/A	-27.56%
2001	N/A	+33.87%
2000	N/A	-40.24%
1999	N/A	+29.44%

VIAV vs CGNX Drawdown Comparison

The maximum drawdown for VIAV was -62.88%, occurring on Jun 26, 2024. Recovery took 1098 trading sessions.

The maximum drawdown for CGNX was -83.73%, occurring on Mar 9, 2009. Recovery took 3348 trading sessions.

The current VIAV drawdown is -14.75%. The current CGNX drawdown is -27.25%.

Rank	VIAV	CGNX
#1	-62.88% Jun 28, 2021 - Nov 10, 2025	-83.73% Apr 7, 2000 - Aug 1, 2013
#2	-44.13% Nov 1, 2019 - Jan 20, 2021	-74.63% Feb 12, 2021 - Apr 8, 2025
#3	-27.79% May 12, 2017 - Oct 1, 2018	-51.57% Nov 21, 2017 - Nov 4, 2020
#4	-27.57% Nov 6, 2015 - Feb 26, 2016	-44.58% Apr 13, 2015 - Sep 21, 2016
#5	-26.49% Oct 3, 2018 - Feb 15, 2019	-20.02% Feb 13, 2014 - Jul 3, 2014
#6	-21.13% Mar 2, 2026 - Mar 24, 2026	-19.62% Aug 22, 2014 - Feb 26, 2015
#7	-17.65% Aug 5, 2015 - Nov 3, 2015	-14.73% Mar 9, 2000 - Mar 23, 2000
#8	-16.09% May 1, 2026 - Jun 9, 2026	-11.49% Jun 8, 2017 - Aug 1, 2017
#9	-14.65% Mar 25, 2026 - Apr 7, 2026	-9.92% Dec 31, 1999 - Jan 14, 2000
#10	-13.16% May 6, 2019 - Jul 1, 2019	-9.83% Oct 29, 2013 - Nov 27, 2013
#11	-13.04% Mar 27, 2017 - May 5, 2017	-8.95% Oct 24, 2016 - Nov 7, 2016
#12	-12.57% Dec 11, 2025 - Jan 26, 2026	-8.81% Nov 22, 1999 - Dec 21, 1999
#13	-12.33% Nov 10, 2025 - Dec 5, 2025	-8.46% Sep 10, 2013 - Oct 29, 2013
#14	-11.24% Apr 1, 2016 - Jun 10, 2016	-6.60% Jan 21, 2000 - Feb 2, 2000
#15	-10.41% Feb 15, 2017 - Mar 20, 2017	-6.42% Jan 14, 2021 - Feb 5, 2021

Correlation

Correlation between VIAV and CGNX is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.44

-101

Dividend Comparison (2003 - 2026)

VIAV vs CGNX dividend yield comparison.

Year	VIAV	CGNX
2026	0.00%	0.26%
2025	0.00%	0.90%
2024	0.00%	0.85%
2023	0.00%	0.68%
2022	0.00%	0.56%
2021	0.00%	0.32%
2020	0.00%	2.77%
2019	0.00%	0.37%
2018	0.00%	0.48%
2017	0.00%	0.27%
2016	0.00%	0.46%
2015	77.01%	0.62%
2012	0.00%	3.89%
2011	0.00%	1.01%
2010	0.00%	0.85%
2009	0.00%	1.69%
2008	0.00%	3.18%
2007	0.00%	1.69%
2006	0.00%	1.39%
2005	0.00%	1.06%
2004	0.00%	1.00%
2003	0.00%	0.42%