COHR vs. IQE.L
COHR (Coherent, Inc.) and IQE.L (IQE plc) are both stocks. Both are in the Technology sector — COHR in Scientific & Technical Instruments, IQE.L in Semiconductor Equipment & Materials. Over the past 10 years, COHR returned 34.35%/yr vs 9.18%/yr for IQE.L. At a 0.18 correlation, their price movements are largely independent.
Performance
COHR vs. IQE.L - Performance Comparison
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Different Trading Currencies
COHR is traded in USD, while IQE.L is traded in GBp. To make them comparable, the IQE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, COHR achieves a 108.61% return, which is significantly lower than IQE.L's 820.79% return. Over the past 10 years, COHR has outperformed IQE.L with an annualized return of 34.35%, while IQE.L has yielded a comparatively lower 9.18% annualized return.
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%
IQE.L
- 1D
- 5.18%
- 1M
- 1.11%
- YTD
- 820.79%
- 6M
- 849.87%
- 1Y
- 345.28%
- 3Y*
- 31.10%
- 5Y*
- -2.65%
- 10Y*
- 9.18%
COHR vs. IQE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COHR Coherent, Inc. | 108.61% | 94.84% | 117.62% | 24.02% | -48.63% | -10.04% | 125.60% | 3.73% | -30.86% | 58.35% |
IQE.L IQE plc | 820.79% | -51.56% | -55.45% | -48.05% | 28.34% | -53.39% | 54.49% | -21.59% | -55.24% | 294.84% |
Correlation
The correlation between COHR and IQE.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.18 |
Fundamentals
COHR:
$1.64K
IQE.L:
-£0.08
COHR:
0.02
IQE.L:
2.09
COHR:
$1.81T
IQE.L:
£215.33M
COHR:
$1.76B
IQE.L:
£1.21M
COHR:
$960.76M
IQE.L:
-£9.08M
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Return for Risk
COHR vs. IQE.L — Risk / Return Rank
COHR
IQE.L
COHR vs. IQE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and IQE plc (IQE.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 | IQE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.42 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 14.28 | 5.65 | +8.63 |
| Martin ratioReturn relative to average drawdown | 39.14 | 10.05 | +29.09 |
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Drawdowns
COHR vs. IQE.L - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum IQE.L drawdown of -97.23%. Use the drawdown chart below to compare losses from any high point for COHR and IQE.L.
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Drawdown Indicators
| COHR | IQE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.89% | -97.23% | +16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -26.52% | -56.47% | +29.95% |
Max Drawdown (3Y)Largest decline over 3 years | -54.85% | -85.80% | +30.95% |
Max Drawdown (5Y)Largest decline over 5 years | -62.87% | -91.16% | +28.29% |
Max Drawdown (10Y)Largest decline over 10 years | -72.22% | -97.23% | +25.01% |
Current DrawdownCurrent decline from peak | -9.81% | -73.73% | +63.92% |
Average DrawdownAverage peak-to-trough decline | -35.02% | -58.91% | +23.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.66% | 31.79% | -22.13% |
Volatility
COHR vs. IQE.L - Volatility Comparison
The current volatility for Coherent, Inc. (COHR) is 27.87%, while IQE plc (IQE.L) has a volatility of 48.50%. This indicates that COHR experiences smaller price fluctuations and is considered to be less risky than IQE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COHR | IQE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.87% | 48.50% | -20.63% |
Volatility (6M)Calculated over the trailing 6-month period | 57.45% | 116.67% | -59.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.72% | 130.27% | -56.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.62% | 81.57% | -19.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.55% | 76.75% | -20.20% |
Dividends
COHR vs. IQE.L - Dividend Comparison
Neither COHR nor IQE.L has paid dividends to shareholders.
Financials
COHR vs. IQE.L - Financials Comparison
This section allows you to compare key financial metrics between Coherent, Inc. and IQE plc. 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. IQE.L - 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%.
IQE.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IQE plc reported a gross profit of -1.28M and revenue of 52.05M. Therefore, the gross margin over that period was -2.5%.
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%.
IQE.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IQE plc reported an operating income of -10.38M and revenue of 52.05M, resulting in an operating margin of -19.9%.
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%.
IQE.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IQE plc reported a net income of -10.66M and revenue of 52.05M, resulting in a net margin of -20.5%.
Frequently Asked Questions
COHR and IQE.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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