COHR vs. ENLT
COHR (Coherent, Inc.) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. COHR operates in Scientific & Technical Instruments (Technology), while ENLT operates in Utilities - Renewable (Utilities). Over the past 3 years, COHR returned 107.95%/yr vs 68.44%/yr for ENLT. At a 0.23 correlation, their price movements are largely independent.
Performance
COHR vs. ENLT - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with COHR having a 108.61% return and ENLT slightly higher at 110.58%.
COHR
- 1D
- 5.90%
- 1M
- -4.63%
- YTD
- 108.61%
- 6M
- 115.90%
- 1Y
- 375.64%
- 3Y*
- 107.95%
- 5Y*
- 40.59%
- 10Y*
- 34.35%
ENLT
- 1D
- 1.62%
- 1M
- 3.93%
- YTD
- 110.58%
- 6M
- 146.73%
- 1Y
- 412.20%
- 3Y*
- 68.44%
- 5Y*
- —
- 10Y*
- —
COHR vs. ENLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
COHR Coherent, Inc. | 108.61% | 94.84% | 117.62% | 1.56% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 110.58% | 163.61% | -9.90% | 6.93% |
Correlation
The correlation between COHR and ENLT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.23 |
Fundamentals
COHR:
$1.64K
ENLT:
$0.68
COHR:
0.23
ENLT:
141.27
COHR:
0.04
ENLT:
0.70
COHR:
0.02
ENLT:
16.27
COHR:
$1.81T
ENLT:
$813.08M
COHR:
$1.76B
ENLT:
$446.15M
COHR:
$960.76M
ENLT:
$670.45M
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Return for Risk
COHR vs. ENLT — Risk / Return Rank
COHR
ENLT
COHR vs. ENLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COHR | ENLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.74 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 14.28 | 23.11 | -8.83 |
| Martin ratioReturn relative to average drawdown | 39.14 | 75.84 | -36.70 |
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Drawdowns
COHR vs. ENLT - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, which is greater than ENLT's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for COHR and ENLT.
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Drawdown Indicators
| COHR | ENLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.89% | -39.32% | -41.57% |
Max Drawdown (1Y)Largest decline over 1 year | -26.52% | -17.98% | -8.54% |
Max Drawdown (3Y)Largest decline over 3 years | -54.85% | -39.32% | -15.53% |
Max Drawdown (5Y)Largest decline over 5 years | -62.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -72.22% | — | — |
Current DrawdownCurrent decline from peak | -9.81% | -10.88% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -35.02% | -11.87% | -23.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.66% | 5.47% | +4.19% |
Volatility
COHR vs. ENLT - Volatility Comparison
Coherent, Inc. (COHR) has a higher volatility of 27.87% compared to Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) at 22.24%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COHR | ENLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.87% | 22.24% | +5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 57.45% | 44.74% | +12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.72% | 54.27% | +19.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.62% | 44.63% | +16.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.55% | 44.63% | +11.92% |
Dividends
COHR vs. ENLT - Dividend Comparison
Neither COHR nor ENLT has paid dividends to shareholders.
Financials
COHR vs. ENLT - Financials Comparison
This section allows you to compare key financial metrics between Coherent, Inc. and Enlight Renewable Energy Ltd. Ordinary Shares. 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
COHR vs. ENLT - Profitability Comparison
COHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported a gross profit of 0.00 and revenue of 1.81T. Therefore, the gross margin over that period was 0.0%.
ENLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a gross profit of 112.21M and revenue of 156.49M. Therefore, the gross margin over that period was 71.7%.
COHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported an operating income of 0.00 and revenue of 1.81T, resulting in an operating margin of 0.0%.
ENLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported an operating income of 81.63M and revenue of 156.49M, resulting in an operating margin of 52.2%.
COHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coherent, Inc. reported a net income of 191.40B and revenue of 1.81T, resulting in a net margin of 10.6%.
ENLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a net income of 24.07M and revenue of 156.49M, resulting in a net margin of 15.4%.
Frequently Asked Questions
COHR and ENLT have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COHR has higher volatility (27.87%) compared to ENLT (22.24%). In terms of maximum drawdown, COHR dropped -80.89% vs ENLT's -39.32%.
ENLT currently has the higher Sharpe Ratio (7.68 vs 5.14), 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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