COHR vs. NBIS

Last updated Aug 1, 2026

COHR (Coherent Corp.) and NBIS (Nebius Group N.V.) are both stocks. COHR operates in Scientific & Technical Instruments (Technology), while NBIS operates in Internet Content & Information (Communication Services). Over the past year, COHR returned 155.75% vs 266.17% for NBIS. Their 0.49 correlation means their historical movements had little consistent relationship.

Performance

COHR vs. NBIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coherent Corp. (COHR) and Nebius Group N.V. (NBIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COHR achieves a 42.43% return, which is significantly lower than NBIS's 127.48% return.

COHR

• 1D: 5.55%
• 1M: -21.14%
• 6M: 23.90%
• YTD: 42.43%
• 1Y: 155.75%
• 3Y*: 77.59%
• 5Y*: 30.37%
• 10Y*: 28.55%
• ALL TIME*: 19.25%

NBIS

• 1D: 1.05%
• 1M: -11.69%
• 6M: 123.51%
• YTD: 127.48%
• 1Y: 266.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 265.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COHR Coherent Corp.	$1.31B	$1.37B	$2.05B
NBIS Nebius Group N.V.	$4.73B	$4.16B	$4.21B

COHR vs. NBIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
COHR Coherent Corp.	42.43%	94.84%	-7.19%
NBIS Nebius Group N.V.	127.48%	202.18%	46.25%

Correlation

The correlation between COHR and NBIS is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (All Time) Calculated using the full available price history since Oct 18, 2024	0.49

Fundamentals

Market Cap COHR : $51.43B NBIS : $45.70B
EPS COHR : $1.85K NBIS : $3.08
PE Ratio COHR : 0.14 NBIS : 61.75
PEG Ratio COHR : 0.02 NBIS : 21.22
PS Ratio COHR : 0.02 NBIS : 58.84
Total Revenue (TTM) COHR : $1.81T NBIS : $877.90M
Gross Profit (TTM) COHR : $1.76B NBIS : $420.60M
EBITDA (TTM) COHR : $960.76M NBIS : -$52.78M

Return for Risk

COHR vs. NBIS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

COHR

COHR Risk / Return Rank: 87
COHR Sharpe Ratio Rank: 89
COHR Sortino Ratio Rank: 84
COHR Omega Ratio Rank: 84
COHR Calmar Ratio Rank: 87
COHR Martin Ratio Rank: 92

NBIS

NBIS Risk / Return Rank: 92
NBIS Sharpe Ratio Rank: 94
NBIS Sortino Ratio Rank: 92
NBIS Omega Ratio Rank: 88
NBIS Calmar Ratio Rank: 95
NBIS Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

COHR vs. NBIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coherent Corp. (COHR) and Nebius Group N.V. (NBIS). 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	NBIS	Difference
Sharpe ratio: Return per unit of total volatility	1.79	2.22	-0.43
Sortino ratio: Return per unit of downside risk	2.26	2.96	-0.70
Omega ratio: Gain probability vs. loss probability	1.29	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	3.03	5.21	-2.18
Martin ratio: Return relative to average drawdown	10.76	11.53	-0.76

COHR vs. NBIS - Sharpe Ratio Comparison

The current COHR Sharpe Ratio is 1.79, which is comparable to the NBIS Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of COHR and NBIS, 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. NBIS - Drawdown Comparison

The maximum COHR drawdown since its inception was -80.89%, which is greater than NBIS's maximum drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for COHR and NBIS.

Drawdown Indicators

	COHR	NBIS	Difference
Max Drawdown Largest peak-to-trough decline	-80.89%	-58.27%	-22.62%
Max Drawdown (1Y) Largest decline over 1 year	-47.98%	-48.30%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-54.85%	—	—
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	-38.42%	-33.58%	-4.84%
Average Drawdown Average peak-to-trough decline	-34.97%	-19.18%	-15.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.46%	21.79%	-8.33%

Volatility

COHR vs. NBIS - Volatility Comparison

The current volatility for Coherent Corp. (COHR) is 29.28%, while Nebius Group N.V. (NBIS) has a volatility of 45.48%. This indicates that COHR experiences smaller price fluctuations and is considered to be less risky than NBIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COHR	NBIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.28%	45.48%	-16.20%
Volatility (6M) Calculated over the trailing 6-month period	64.16%	83.51%	-19.35%
Volatility (1Y) Calculated over the trailing 1-year period	81.08%	113.57%	-32.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.47%	113.26%	-49.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.61%	113.26%	-55.65%

Dividends

COHR vs. NBIS - Dividend Comparison

Neither COHR nor NBIS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both COHR and NBIS in my portfolio?

COHR and NBIS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COHR or NBIS?

NBIS has higher volatility (45.48%) compared to COHR (29.28%). In terms of maximum drawdown, COHR dropped -80.89% vs NBIS's -58.27%.

Which has better risk-adjusted returns?

NBIS currently has the higher Sharpe Ratio (2.22 vs 1.79), 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.