IQE.L vs. AEHR
IQE.L (IQE plc) and AEHR (Aehr Test Systems) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, IQE.L returned 10.16%/yr vs 54.89%/yr for AEHR. At a 0.08 correlation, their price movements are largely independent.
Performance
IQE.L vs. AEHR - Performance Comparison
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Different Trading Currencies
IQE.L is traded in GBp, while AEHR is traded in USD. To make them comparable, the AEHR values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQE.L achieves a 887.00% return, which is significantly higher than AEHR's 479.76% return. Over the past 10 years, IQE.L has underperformed AEHR with an annualized return of 10.16%, while AEHR has yielded a comparatively higher 54.89% annualized return.
IQE.L
- 1D
- -4.55%
- 1M
- -1.30%
- YTD
- 887.00%
- 6M
- 871.46%
- 1Y
- 388.61%
- 3Y*
- 31.61%
- 5Y*
- -1.97%
- 10Y*
- 10.16%
AEHR
- 1D
- 0.00%
- 1M
- 22.08%
- YTD
- 479.76%
- 6M
- 368.12%
- 1Y
- 966.13%
- 3Y*
- 36.39%
- 5Y*
- 114.17%
- 10Y*
- 54.89%
IQE.L vs. AEHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQE.L IQE plc | 887.00% | -54.95% | -54.69% | -50.65% | 43.70% | -52.96% | 49.90% | -24.62% | -52.55% | 260.53% |
AEHR Aehr Test Systems | 479.76% | 12.76% | -36.22% | 25.39% | -6.99% | 864.78% | 22.78% | 36.45% | -44.89% | 2.72% |
Correlation
The correlation between IQE.L and AEHR is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.08 |
The correlation between IQE.L and AEHR shifts across timeframes, from 0.08 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IQE.L:
£482.54M
AEHR:
$3.02B
IQE.L:
-£0.08
AEHR:
-$0.38
IQE.L:
2.23
AEHR:
65.75
IQE.L:
5.38
AEHR:
21.77
IQE.L:
£215.33M
AEHR:
$45.26M
IQE.L:
£1.21M
AEHR:
$13.90M
IQE.L:
-£9.08M
AEHR:
-$13.56M
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Return for Risk
IQE.L vs. AEHR — Risk / Return Rank
IQE.L
AEHR
IQE.L vs. AEHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQE plc (IQE.L) and Aehr Test Systems (AEHR). 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.
| IQE.L | AEHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.57 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 6.86 | 24.20 | -17.34 |
| Martin ratioReturn relative to average drawdown | 12.36 | 53.87 | -41.51 |
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
| IQE.L | AEHR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.00 | 8.42 | -5.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 1.06 | -1.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.59 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.21 | -0.32 |
Drawdowns
IQE.L vs. AEHR - Drawdown Comparison
The maximum IQE.L drawdown since its inception was -99.71%, which is greater than AEHR's maximum drawdown of -94.23%. Use the drawdown chart below to compare losses from any high point for IQE.L and AEHR.
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Drawdown Indicators
| IQE.L | AEHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.71% | -94.23% | -5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -56.19% | -40.33% | -15.86% |
Max Drawdown (3Y)Largest decline over 3 years | -86.50% | -87.63% | +1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -91.85% | -87.63% | -4.22% |
Max Drawdown (10Y)Largest decline over 10 years | -97.27% | -87.63% | -9.64% |
Current DrawdownCurrent decline from peak | -93.56% | 0.00% | -93.56% |
Average DrawdownAverage peak-to-trough decline | -93.32% | -64.31% | -29.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.26% | 18.09% | +13.17% |
Volatility
IQE.L vs. AEHR - Volatility Comparison
IQE plc (IQE.L) has a higher volatility of 51.08% compared to Aehr Test Systems (AEHR) at 38.25%. This indicates that IQE.L's price experiences larger fluctuations and is considered to be riskier than AEHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQE.L | AEHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 51.08% | 38.25% | +12.83% |
Volatility (6M)Calculated over the trailing 6-month period | 114.85% | 84.86% | +29.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 128.68% | 116.14% | +12.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.18% | 108.46% | -28.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.23% | 94.45% | -19.22% |
Dividends
IQE.L vs. AEHR - Dividend Comparison
Neither IQE.L nor AEHR has paid dividends to shareholders.
Financials
IQE.L vs. AEHR - Financials Comparison
This section allows you to compare key financial metrics between IQE plc and Aehr Test Systems. 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
IQE.L vs. AEHR - Profitability Comparison
IQE.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IQE plc reported a gross profit of -1.28M and revenue of 52.05M. Therefore, the gross margin over that period was -2.5%.
AEHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a gross profit of 3.37M and revenue of 10.31M. Therefore, the gross margin over that period was 32.7%.
IQE.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IQE plc reported an operating income of -10.38M and revenue of 52.05M, resulting in an operating margin of -19.9%.
AEHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported an operating income of -4.23M and revenue of 10.31M, resulting in an operating margin of -41.0%.
IQE.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IQE plc reported a net income of -10.66M and revenue of 52.05M, resulting in a net margin of -20.5%.
AEHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a net income of -3.20M and revenue of 10.31M, resulting in a net margin of -31.1%.
Frequently Asked Questions
IQE.L and AEHR have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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