COHR vs. EQT
COHR (Coherent Corp.) and EQT (EQT Corporation) are both stocks. COHR operates in Scientific & Technical Instruments (Technology), while EQT operates in Oil & Gas E&P (Energy). Over the past 10 years, COHR returned 30.61%/yr vs 2.75%/yr for EQT. At a 0.19 correlation, their price movements are largely independent.
Performance
COHR vs. EQT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COHR achieves a 54.63% return, which is significantly higher than EQT's -7.97% return. Over the past 10 years, COHR has outperformed EQT with an annualized return of 30.61%, while EQT has yielded a comparatively lower 2.75% annualized return.
COHR
- 1D
- 2.81%
- 1M
- -26.74%
- 6M
- 49.39%
- YTD
- 54.63%
- 1Y
- 186.55%
- 3Y*
- 83.74%
- 5Y*
- 31.52%
- 10Y*
- 30.61%
- ALL TIME*
- 19.54%
EQT
- 1D
- -1.03%
- 1M
- -3.29%
- 6M
- -2.40%
- YTD
- -7.97%
- 1Y
- -16.16%
- 3Y*
- 8.66%
- 5Y*
- 20.73%
- 10Y*
- 2.75%
- ALL TIME*
- 10.03%
COHR vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COHR Coherent Corp. | 54.63% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -30.86% | 58.35% |
EQT EQT Corporation | -7.97% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between COHR and EQT is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.19 |
The correlation between COHR and EQT shifts across timeframes, from 0.03 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
COHR:
$45.26B
EQT:
$30.68B
COHR:
$1.85K
EQT:
$5.35
COHR:
0.15
EQT:
9.16
COHR:
0.03
EQT:
0.07
COHR:
0.02
EQT:
3.06
COHR:
$1.81T
EQT:
$10.03B
COHR:
$1.76B
EQT:
$6.43B
COHR:
$960.76M
EQT:
$7.48B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COHR vs. EQT — Risk / Return Rank
COHR
EQT
COHR vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent Corp. (COHR) and EQT Corporation (EQT). 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 | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.94 | ||
| Sortino ratioReturn per unit of downside risk | +3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.93 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 5.35 | -0.58 | +5.93 |
| Martin ratioReturn relative to average drawdown | 16.19 | -1.35 | +17.53 |
Loading charts...
Drawdowns
COHR vs. EQT - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum EQT drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for COHR and EQT.
Loading charts...
Drawdown Indicators
| COHR | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.89% | -91.51% | +10.62% |
Max Drawdown (1Y)Largest decline over 1 year | -35.12% | -27.89% | -7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -54.85% | -31.62% | -23.23% |
Max Drawdown (5Y)Largest decline over 5 years | -62.87% | -42.56% | -20.31% |
Max Drawdown (10Y)Largest decline over 10 years | -72.22% | -87.61% | +15.39% |
Current DrawdownCurrent decline from peak | -33.14% | -27.59% | -5.55% |
Average DrawdownAverage peak-to-trough decline | -34.97% | -23.34% | -11.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 13.21% | -1.63% |
Volatility
COHR vs. EQT - Volatility Comparison
Coherent Corp. (COHR) has a higher volatility of 24.26% compared to EQT Corporation (EQT) at 6.35%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than EQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| COHR | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.26% | 6.35% | +17.91% |
Volatility (6M)Calculated over the trailing 6-month period | 60.14% | 20.48% | +39.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.58% | 31.64% | +45.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.63% | 42.31% | +20.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.12% | 48.91% | +8.21% |
Dividends
COHR vs. EQT - Dividend Comparison
COHR has not paid dividends to shareholders, while EQT's dividend yield for the trailing twelve months is around 1.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COHR Coherent Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQT EQT Corporation | 1.33% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
Financials
COHR vs. EQT - Financials Comparison
This section allows you to compare key financial metrics between Coherent Corp. and EQT 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
COHR vs. EQT - Profitability Comparison
COHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported a gross profit of 0.00 and revenue of 1.81T. Therefore, the gross margin over that period was 0.0%.
EQT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, EQT Corporation reported a gross profit of 3.32B and revenue of 3.38B. Therefore, the gross margin over that period was 98.4%.
COHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported an operating income of 0.00 and revenue of 1.81T, resulting in an operating margin of 0.0%.
EQT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, EQT Corporation reported an operating income of 2.04B and revenue of 3.38B, resulting in an operating margin of 60.3%.
COHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Coherent Corp. reported a net income of 191.40B and revenue of 1.81T, resulting in a net margin of 10.6%.
EQT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, EQT Corporation reported a net income of 1.55B and revenue of 3.38B, resulting in a net margin of 46.0%.
Frequently Asked Questions
COHR and EQT have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COHR has higher volatility (24.26%) compared to EQT (6.35%). In terms of maximum drawdown, COHR dropped -80.89% vs EQT's -91.51%.
COHR currently has the higher Sharpe Ratio (2.42 vs -0.51), 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.
Find the right allocation for COHR and EQT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer