COHR vs SPY
Comparison between Coherent Corp (COHR, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceCOHR has outperformed SPY, delivering a return of +39.4% compared to +13.3%
COHR vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
COHR
$66B
Winner
SPY
$652B
Expense Ratio
COHR
N/A
SPY
0.09%
Max Drawdown
COHR
72.22%
Winner
SPY
56.47%
Sharpe Ratio
Winner
COHR
2.61
SPY
2.07
5Y Beta
COHR
2.58
Winner
SPY
1.00
Industry
COHR
Scientific & Technical Instruments
SPY
N/A
P/E Ratio
COHR
100.33
Winner
SPY
28.24
Forward P/E
COHR
46.30
Winner
SPY
21.85
PEG Ratio
COHR
0.20
SPY
N/A
5Y Dividends CAGR
COHR
N/A
SPY
5.43%
5Y EPS CAGR
Winner
COHR
29.25%
SPY
25.79%
Debt to Equity
COHR
29.91%
Winner
SPY
22.35%
Free Cash Flow Yield
COHR
-0.82%
SPY
N/A
P/S Ratio
COHR
10.27
Winner
SPY
3.55
P/B Ratio
COHR
7.57
Winner
SPY
5.29
COHR vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
COHR
+19.05%
SPY
+9.11%
3M
Winner
COHR
+38.36%
SPY
+6.59%
6M
Winner
COHR
+117.11%
SPY
+10.56%
1Y
Winner
COHR
+375.22%
SPY
+32.04%
5Y(CAGR)
Winner
COHR
+39.42%
SPY
+13.35%
10Y(CAGR)
Winner
COHR
+32.35%
SPY
+15.49%
Max(CAGR)
Winner
COHR
+22.47%
SPY
+8.50%
COHR vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | COHR | SPY |
|---|---|---|
| 2026 | +72.62% | +8.27% |
| 2025 | +83.49% | +18.00% |
| 2024 | +124.91% | +25.59% |
| 2023 | +24.87% | +26.72% |
| 2022 | -50.93% | -18.64% |
| 2021 | -10.10% | +30.52% |
| 2020 | +115.06% | +17.28% |
| 2019 | +5.42% | +31.09% |
| 2018 | -32.93% | -5.24% |
| 2017 | +59.15% | +20.78% |
| 2016 | +67.70% | +13.59% |
| 2015 | +37.08% | +1.31% |
| 2014 | -21.42% | +14.56% |
| 2013 | -6.98% | +29.00% |
| 2012 | -2.77% | +14.17% |
| 2011 | -23.60% | +0.85% |
| 2010 | +44.15% | +13.14% |
| 2009 | +62.08% | +22.67% |
| 2008 | -35.55% | -36.25% |
| 2007 | +4.48% | +5.32% |
| 2006 | +67.41% | +13.85% |
| 2005 | -15.63% | +5.32% |
| 2004 | +65.20% | +10.75% |
| 2003 | +59.26% | +24.18% |
| 2002 | -6.08% | -22.42% |
| 2001 | +18.34% | -10.13% |
| 2000 | +63.16% | -8.84% |
| 1999 | +61.82% | +8.61% |
COHR vs SPY Drawdown Comparison
The maximum drawdown for COHR was -72.22%, occurring on May 16, 2023. Recovery took 922 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current COHR drawdown is -4.28%.
| Rank | COHR | SPY |
|---|---|---|
| #1 | -72.22% Feb 11, 2021 - Oct 11, 2024 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -69.23% Mar 6, 2000 - Aug 18, 2004 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -68.18% Aug 11, 2008 - Dec 20, 2010 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -62.99% Apr 26, 2011 - Nov 17, 2016 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -60.06% Jan 19, 2018 - Nov 5, 2020 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -54.85% Dec 4, 2024 - Aug 7, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -36.68% Dec 21, 2004 - Sep 12, 2006 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -32.76% Apr 23, 2007 - Nov 6, 2007 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -30.69% Feb 15, 2017 - Jul 24, 2017 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -26.52% Mar 2, 2026 - Apr 10, 2026 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -25.75% Aug 12, 2025 - Oct 8, 2025 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -24.30% Jan 24, 2000 - Feb 16, 2000 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -21.69% Nov 6, 2007 - Mar 18, 2008 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -21.16% Oct 6, 2004 - Nov 11, 2004 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -19.00% Jan 10, 2000 - Jan 21, 2000 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between COHR and SPY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
Select Stocks to Compare
Popular: COHR vs SPY
More Comparisons
Compare with similar stocks