IPGP vs. POET

Last updated Jun 4, 2026

IPGP (IPG Photonics Corporation) and POET (POET Technologies Inc) are both stocks. Both are in the Technology sector — IPGP in Semiconductor Equipment & Materials, POET in Semiconductors. Over the past 10 years, IPGP returned 3.31%/yr vs 7.74%/yr for POET. At a 0.17 correlation, their price movements are largely independent.

Performance

IPGP vs. POET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IPG Photonics Corporation (IPGP) and POET Technologies Inc (POET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IPGP achieves a 69.86% return, which is significantly lower than POET's 142.97% return. Over the past 10 years, IPGP has underperformed POET with an annualized return of 3.31%, while POET has yielded a comparatively higher 7.74% annualized return.

IPGP

• 1D: -0.28%
• 1M: -0.58%
• YTD: 69.86%
• 6M: 47.24%
• 1Y: 76.34%
• 3Y*: 2.60%
• 5Y*: -10.27%
• 10Y*: 3.31%

POET

• 1D: 11.29%
• 1M: 116.32%
• YTD: 142.97%
• 6M: 155.91%
• 1Y: 254.38%
• 3Y*: 52.11%
• 5Y*: 12.33%
• 10Y*: 7.74%

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

IPGP vs. POET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IPGP IPG Photonics Corporation	69.86%	-1.54%	-33.00%	14.65%	-45.00%	-23.08%	54.42%	27.92%	-47.09%	116.93%
POET POET Technologies Inc	142.97%	6.39%	536.09%	-69.03%	-57.46%	9.79%	130.96%	38.41%	19.00%	-29.75%

Correlation

The correlation between IPGP and POET is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.17

The correlation between IPGP and POET shifts across timeframes, from 0.17 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS IPGP : $0.68 POET : -$1.11
PS Ratio IPGP : 4.98 POET : 815.02
Total Revenue (TTM) IPGP : $1.04B POET : $1.07M
Gross Profit (TTM) IPGP : $391.15M POET : $182.16K
EBITDA (TTM) IPGP : $73.19M POET : -$59.50M

Return for Risk

IPGP vs. POET — Risk / Return Rank

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

IPGP

IPGP Risk / Return Rank: 75
IPGP Sharpe Ratio Rank: 75
IPGP Sortino Ratio Rank: 73
IPGP Omega Ratio Rank: 78
IPGP Calmar Ratio Rank: 73
IPGP Martin Ratio Rank: 77

POET

POET Risk / Return Rank: 86
POET Sharpe Ratio Rank: 86
POET Sortino Ratio Rank: 85
POET Omega Ratio Rank: 85
POET Calmar Ratio Rank: 89
POET Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IPGP vs. POET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IPG Photonics Corporation (IPGP) and POET Technologies Inc (POET). 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.

	IPGP	POET	Difference
Sharpe ratio: Return per unit of total volatility	1.19	1.86	-0.67
Sortino ratio: Return per unit of downside risk	1.89	2.76	-0.86
Omega ratio: Gain probability vs. loss probability	1.29	1.37	-0.08
Calmar ratio: Return relative to maximum drawdown	1.87	4.55	-2.68
Martin ratio: Return relative to average drawdown	5.38	8.80	-3.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPGP vs. POET - Sharpe Ratio Comparison

The current IPGP Sharpe Ratio is 1.19, which is lower than the POET Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of IPGP and POET, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IPGP	POET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.86	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.22	0.12	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	0.08	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.09	+0.09

Drawdowns

IPGP vs. POET - Drawdown Comparison

The maximum IPGP drawdown since its inception was -81.13%, smaller than the maximum POET drawdown of -93.47%. Use the drawdown chart below to compare losses from any high point for IPGP and POET.

Drawdown Indicators

	IPGP	POET	Difference
Max Drawdown Largest peak-to-trough decline	-81.13%	-93.47%	+12.34%
Max Drawdown (1Y) Largest decline over 1 year	-40.98%	-56.29%	+15.31%
Max Drawdown (3Y) Largest decline over 3 years	-64.44%	-85.85%	+21.41%
Max Drawdown (5Y) Largest decline over 5 years	-77.23%	-93.47%	+16.24%
Max Drawdown (10Y) Largest decline over 10 years	-81.13%	-93.47%	+12.34%
Current Drawdown Current decline from peak	-53.82%	-25.23%	-28.59%
Average Drawdown Average peak-to-trough decline	-34.38%	-61.13%	+26.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.25%	29.07%	-14.82%

Volatility

IPGP vs. POET - Volatility Comparison

The current volatility for IPG Photonics Corporation (IPGP) is 35.37%, while POET Technologies Inc (POET) has a volatility of 63.79%. This indicates that IPGP experiences smaller price fluctuations and is considered to be less risky than POET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPGP	POET	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.37%	63.79%	-28.42%
Volatility (6M) Calculated over the trailing 6-month period	58.91%	121.30%	-62.39%
Volatility (1Y) Calculated over the trailing 1-year period	64.75%	138.01%	-73.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.80%	106.77%	-59.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.96%	98.83%	-53.87%

Dividends

IPGP vs. POET - Dividend Comparison

Neither IPGP nor POET has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both IPGP and POET in my portfolio?

IPGP and POET have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPGP or POET?

POET has higher volatility (63.79%) compared to IPGP (35.37%). In terms of maximum drawdown, IPGP dropped -81.13% vs POET's -93.47%.

Which has better risk-adjusted returns?

POET currently has the higher Sharpe Ratio (1.86 vs 1.19), 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.