COHR vs. ^GSPC
Compare and contrast key facts about Coherent, Inc. (COHR) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COHR or ^GSPC.
Correlation
The correlation between COHR and ^GSPC is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
COHR vs. ^GSPC - Performance Comparison
Key characteristics
COHR:
0.36
^GSPC:
0.55
COHR:
1.01
^GSPC:
0.90
COHR:
1.13
^GSPC:
1.13
COHR:
0.48
^GSPC:
0.57
COHR:
1.22
^GSPC:
2.21
COHR:
21.45%
^GSPC:
4.84%
COHR:
73.01%
^GSPC:
19.38%
COHR:
-80.89%
^GSPC:
-56.78%
COHR:
-37.70%
^GSPC:
-8.74%
Returns By Period
In the year-to-date period, COHR achieves a -26.33% return, which is significantly lower than ^GSPC's -4.67% return. Over the past 10 years, COHR has outperformed ^GSPC with an annualized return of 14.52%, while ^GSPC has yielded a comparatively lower 10.26% annualized return.
COHR
-26.33%
37.98%
-25.41%
20.49%
15.00%
14.52%
^GSPC
-4.67%
10.50%
-3.04%
8.23%
14.30%
10.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
COHR vs. ^GSPC — Risk-Adjusted Performance Rank
COHR
^GSPC
COHR vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and S&P 500 (^GSPC). 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.
Drawdowns
COHR vs. ^GSPC - Drawdown Comparison
The maximum COHR drawdown since its inception was -80.89%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for COHR and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
COHR vs. ^GSPC - Volatility Comparison
Coherent, Inc. (COHR) has a higher volatility of 29.09% compared to S&P 500 (^GSPC) at 11.45%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.