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COHR vs. QLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between COHR and QLD is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

COHR vs. QLD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

COHR:

0.41

QLD:

0.19

Sortino Ratio

COHR:

1.03

QLD:

0.62

Omega Ratio

COHR:

1.14

QLD:

1.09

Calmar Ratio

COHR:

0.50

QLD:

0.23

Martin Ratio

COHR:

1.27

QLD:

0.66

Ulcer Index

COHR:

21.81%

QLD:

14.48%

Daily Std Dev

COHR:

72.82%

QLD:

49.83%

Max Drawdown

COHR:

-80.89%

QLD:

-83.13%

Current Drawdown

COHR:

-37.00%

QLD:

-22.53%

Returns By Period

In the year-to-date period, COHR achieves a -25.50% return, which is significantly lower than QLD's -13.98% return. Over the past 10 years, COHR has underperformed QLD with an annualized return of 14.73%, while QLD has yielded a comparatively higher 26.34% annualized return.


COHR

YTD

-25.50%

1M

11.94%

6M

-35.86%

1Y

29.44%

5Y*

14.56%

10Y*

14.73%

QLD

YTD

-13.98%

1M

8.70%

6M

-15.77%

1Y

9.30%

5Y*

25.15%

10Y*

26.34%

*Annualized

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Risk-Adjusted Performance

COHR vs. QLD — Risk-Adjusted Performance Rank

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

COHR
The Risk-Adjusted Performance Rank of COHR is 6868
Overall Rank
The Sharpe Ratio Rank of COHR is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of COHR is 6767
Sortino Ratio Rank
The Omega Ratio Rank of COHR is 6666
Omega Ratio Rank
The Calmar Ratio Rank of COHR is 7373
Calmar Ratio Rank
The Martin Ratio Rank of COHR is 6767
Martin Ratio Rank

QLD
The Risk-Adjusted Performance Rank of QLD is 3838
Overall Rank
The Sharpe Ratio Rank of QLD is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of QLD is 4545
Sortino Ratio Rank
The Omega Ratio Rank of QLD is 4444
Omega Ratio Rank
The Calmar Ratio Rank of QLD is 3838
Calmar Ratio Rank
The Martin Ratio Rank of QLD is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

COHR vs. QLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and ProShares Ultra QQQ (QLD). 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.


The current COHR Sharpe Ratio is 0.41, which is higher than the QLD Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of COHR and QLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

COHR vs. QLD - Dividend Comparison

COHR has not paid dividends to shareholders, while QLD's dividend yield for the trailing twelve months is around 0.26%.


TTM20242023202220212020201920182017201620152014
COHR
Coherent, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QLD
ProShares Ultra QQQ
0.26%0.25%0.33%0.31%0.00%0.00%0.13%0.06%0.02%0.90%0.11%0.19%

Drawdowns

COHR vs. QLD - Drawdown Comparison

The maximum COHR drawdown since its inception was -80.89%, roughly equal to the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for COHR and QLD. For additional features, visit the drawdowns tool.


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Volatility

COHR vs. QLD - Volatility Comparison


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