PWRZ vs. COHR

Last updated Jul 17, 2026

PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) is Energy Equities fund actively managed by TrueShares, while COHR (Coherent Corp.) is a stock. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

PWRZ vs. COHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) and Coherent Corp. (COHR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PWRZ

• 1D: -0.93%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COHR

• 1D: -7.49%
• 1M: -27.65%
• 6M: 41.33%
• YTD: 50.06%
• 1Y: 183.13%
• 3Y*: 75.61%
• 5Y*: 31.84%
• 10Y*: 30.23%

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

PWRZ vs. COHR - Yearly Performance Comparison

	2026 (YTD)
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF	-0.37%
COHR Coherent Corp.	-15.36%

Correlation

The correlation between PWRZ and COHR is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	0.70

Return for Risk

PWRZ vs. COHR — Risk / Return Rank

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

PWRZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

COHR

COHR Risk / Return Rank: 92
COHR Sharpe Ratio Rank: 94
COHR Sortino Ratio Rank: 87
COHR Omega Ratio Rank: 88
COHR Calmar Ratio Rank: 95
COHR Martin Ratio Rank: 96

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.

PWRZ vs. COHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) and Coherent Corp. (COHR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PWRZ	COHR	Difference
Sharpe ratio: Return per unit of total volatility	—	2.38	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	5.25	—
Martin ratio: Return relative to average drawdown	—	16.46	—

Drawdowns

PWRZ vs. COHR - Drawdown Comparison

The maximum PWRZ drawdown since its inception was -1.21%, smaller than the maximum COHR drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for PWRZ and COHR.

Drawdown Indicators

	PWRZ	COHR	Difference
Max Drawdown Largest peak-to-trough decline	-1.21%	-80.89%	+79.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.12%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-54.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-62.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.22%	—
Current Drawdown Current decline from peak	-1.21%	-35.12%	+33.91%
Average Drawdown Average peak-to-trough decline	-0.42%	-34.97%	+34.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.17%	—

Volatility

Volatility by Period

	PWRZ	COHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	60.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.75%	77.43%	-64.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.75%	62.64%	-49.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.75%	57.09%	-44.34%

Dividends

PWRZ vs. COHR - Dividend Comparison

Neither PWRZ nor COHR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PWRZ and COHR in my portfolio?

PWRZ and COHR have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.