COHR vs. ENSI.L

Last updated Jun 13, 2026

COHR (Coherent, Inc.) and ENSI.L (EnSilica plc) are both stocks. Both are in the Technology sector — COHR in Scientific & Technical Instruments, ENSI.L in Semiconductors. Over the past 3 years, COHR returned 107.95%/yr vs 16.41%/yr for ENSI.L. At a 0.09 correlation, their price movements are largely independent.

Performance

COHR vs. ENSI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coherent, Inc. (COHR) and EnSilica plc (ENSI.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

COHR is traded in USD, while ENSI.L is traded in GBp. To make them comparable, the ENSI.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with COHR having a 108.61% return and ENSI.L slightly higher at 113.92%.

COHR

• 1D: 5.90%
• 1M: 0.67%
• YTD: 108.61%
• 6M: 115.90%
• 1Y: 397.65%
• 3Y*: 107.95%
• 5Y*: 40.59%
• 10Y*: 34.35%

ENSI.L

• 1D: 3.32%
• 1M: -9.31%
• YTD: 113.92%
• 6M: 185.14%
• 1Y: 146.34%
• 3Y*: 16.41%
• 5Y*: —
• 10Y*: —

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

COHR vs. ENSI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
COHR Coherent, Inc.	108.61%	94.84%	117.62%	24.02%	-43.23%
ENSI.L EnSilica plc	113.92%	16.20%	6.94%	-55.91%	72.19%

Correlation

The correlation between COHR and ENSI.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (All Time) Calculated using the full available price history since May 24, 2022	0.09

Fundamentals

EPS COHR : $1.64K ENSI.L : -£0.04
PS Ratio COHR : 0.02 ENSI.L : 2.09
Total Revenue (TTM) COHR : $1.81T ENSI.L : £46.62M
Gross Profit (TTM) COHR : $1.76B ENSI.L : £17.01M
EBITDA (TTM) COHR : $960.76M ENSI.L : £1.38M

Return for Risk

COHR vs. ENSI.L — Risk / Return Rank

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

COHR

COHR Risk / Return Rank: 97
COHR Sharpe Ratio Rank: 99
COHR Sortino Ratio Rank: 95
COHR Omega Ratio Rank: 95
COHR Calmar Ratio Rank: 99
COHR Martin Ratio Rank: 99

ENSI.L

ENSI.L Risk / Return Rank: 89
ENSI.L Sharpe Ratio Rank: 88
ENSI.L Sortino Ratio Rank: 91
ENSI.L Omega Ratio Rank: 89
ENSI.L Calmar Ratio Rank: 87
ENSI.L Martin Ratio Rank: 87

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.

COHR vs. ENSI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and EnSilica plc (ENSI.L). 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	ENSI.L	Difference
Sharpe ratio: Return per unit of total volatility	5.14	1.86	+3.27
Sortino ratio: Return per unit of downside risk	3.90	3.11	+0.78
Omega ratio: Gain probability vs. loss probability	1.54	1.38	+0.17
Calmar ratio: Return relative to maximum drawdown	14.28	3.37	+10.90
Martin ratio: Return relative to average drawdown	39.14	8.85	+30.29

COHR vs. ENSI.L - Sharpe Ratio Comparison

The current COHR Sharpe Ratio is 5.14, which is higher than the ENSI.L Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of COHR and ENSI.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

COHR vs. ENSI.L - Drawdown Comparison

The maximum COHR drawdown since its inception was -80.89%, which is greater than ENSI.L's maximum drawdown of -73.51%. Use the drawdown chart below to compare losses from any high point for COHR and ENSI.L.

Drawdown Indicators

	COHR	ENSI.L	Difference
Max Drawdown Largest peak-to-trough decline	-80.89%	-73.51%	-7.38%
Max Drawdown (1Y) Largest decline over 1 year	-26.52%	-39.44%	+12.92%
Max Drawdown (3Y) Largest decline over 3 years	-54.85%	-58.54%	+3.69%
Max Drawdown (5Y) Largest decline over 5 years	-62.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.22%	—	—
Current Drawdown Current decline from peak	-9.81%	-17.93%	+8.12%
Average Drawdown Average peak-to-trough decline	-35.02%	-46.05%	+11.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.66%	15.00%	-5.34%

Volatility

COHR vs. ENSI.L - Volatility Comparison

Coherent, Inc. (COHR) and EnSilica plc (ENSI.L) have volatilities of 27.87% and 28.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COHR	ENSI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.87%	28.10%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	57.45%	58.50%	-1.05%
Volatility (1Y) Calculated over the trailing 1-year period	73.72%	74.60%	-0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.62%	63.82%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.55%	63.82%	-7.27%

Dividends

COHR vs. ENSI.L - Dividend Comparison

Neither COHR nor ENSI.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

COHR vs. ENSI.L - Profitability Comparison

The chart below illustrates the profitability comparison between Coherent, Inc. and EnSilica plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

ENSI.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EnSilica plc reported a gross profit of 4.88M and revenue of 12.73M. Therefore, the gross margin over that period was 38.3%.

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%.

ENSI.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EnSilica plc reported an operating income of -355.00K and revenue of 12.73M, resulting in an operating margin of -2.8%.

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%.

ENSI.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EnSilica plc reported a net income of -499.00K and revenue of 12.73M, resulting in a net margin of -3.9%.

Frequently Asked Questions

Can I hold both COHR and ENSI.L in my portfolio?

COHR and ENSI.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.