COR vs. ENLT
COR (Cencora Inc.) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. COR operates in Medical Distribution (Healthcare), while ENLT operates in Utilities - Renewable (Utilities). Over the past 3 years, COR returned 16.42%/yr vs 69.79%/yr for ENLT. At a correlation of -0.02, they often move in opposite directions.
Performance
COR vs. ENLT - Performance Comparison
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Returns By Period
In the year-to-date period, COR achieves a -18.53% return, which is significantly lower than ENLT's 109.11% return.
COR
- 1D
- -0.35%
- 1M
- 5.22%
- YTD
- -18.53%
- 6M
- -18.54%
- 1Y
- -4.43%
- 3Y*
- 16.42%
- 5Y*
- 20.49%
- 10Y*
- 17.00%
ENLT
- 1D
- 4.48%
- 1M
- 5.03%
- YTD
- 109.11%
- 6M
- 137.83%
- 1Y
- 382.54%
- 3Y*
- 69.79%
- 5Y*
- —
- 10Y*
- —
COR vs. ENLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
COR Cencora Inc. | -18.53% | 51.48% | 10.37% | 33.56% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 109.11% | 163.61% | -9.90% | 6.93% |
Correlation
The correlation between COR and ENLT 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 | -0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | -0.02 |
Fundamentals
COR:
$53.55B
ENLT:
$13.94B
COR:
$13.07
ENLT:
$0.68
COR:
20.97
ENLT:
140.28
COR:
9.96
ENLT:
0.70
COR:
0.16
ENLT:
16.15
COR:
15.76
ENLT:
6.57
COR:
$328.68B
ENLT:
$813.08M
COR:
$11.66B
ENLT:
$446.15M
COR:
$3.64B
ENLT:
$670.45M
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Return for Risk
COR vs. ENLT — Risk / Return Rank
COR
ENLT
COR vs. ENLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.
| COR | ENLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.37 | ||
| Sortino ratioReturn per unit of downside risk | -5.43 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.72 | -0.72 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 21.44 | -21.58 |
| Martin ratioReturn relative to average drawdown | -0.39 | 73.16 | -73.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COR | ENLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | 7.22 | -7.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.49 | -0.95 |
Drawdowns
COR vs. ENLT - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, which is greater than ENLT's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for COR and ENLT.
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Drawdown Indicators
| COR | ENLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.01% | -39.32% | -31.69% |
Max Drawdown (1Y)Largest decline over 1 year | -32.44% | -17.98% | -14.46% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -39.32% | +6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -32.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.44% | — | — |
Current DrawdownCurrent decline from peak | -26.57% | -11.51% | -15.06% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -11.88% | -1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.26% | 5.26% | +6.00% |
Volatility
COR vs. ENLT - Volatility Comparison
The current volatility for Cencora Inc. (COR) is 7.05%, while Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) has a volatility of 21.08%. This indicates that COR experiences smaller price fluctuations and is considered to be less risky than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COR | ENLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.05% | 21.08% | -14.03% |
Volatility (6M)Calculated over the trailing 6-month period | 26.87% | 43.80% | -16.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.25% | 53.52% | -23.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.34% | 44.44% | -22.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.49% | 44.44% | -16.95% |
Dividends
COR vs. ENLT - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.86%, while ENLT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.86% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
COR vs. ENLT - Financials Comparison
This section allows you to compare key financial metrics between Cencora Inc. and Enlight Renewable Energy Ltd. Ordinary Shares. 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
COR vs. ENLT - Profitability Comparison
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
ENLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a gross profit of 112.21M and revenue of 156.49M. Therefore, the gross margin over that period was 71.7%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
ENLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported an operating income of 81.63M and revenue of 156.49M, resulting in an operating margin of 52.2%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
ENLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a net income of 24.07M and revenue of 156.49M, resulting in a net margin of 15.4%.
Frequently Asked Questions
COR and ENLT 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.
ENLT has higher volatility (21.08%) compared to COR (7.05%). In terms of maximum drawdown, COR dropped -71.01% vs ENLT's -39.32%.
ENLT currently has the higher Sharpe Ratio (7.22 vs -0.15), 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.
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