IIVI vs CNC
Comparison between Coherent Corp (IIVI, Company) and Centene Corp (CNC, Company).
IIVI vs CNC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
IIVI
$31B
CNC
$31B
Max Drawdown
Winner
IIVI
67.60%
CNC
74.07%
Sharpe Ratio
IIVI
0.29
Winner
CNC
0.57
5Y Beta
IIVI
N/A
CNC
0.18
Industry
IIVI
N/A
CNC
Healthcare Plans
P/E Ratio
Winner
IIVI
-119.98
CNC
-4.80
Forward P/E
IIVI
N/A
CNC
18.21
Debt to Equity
IIVI
86.41%
Winner
CNC
76.40%
Free Cash Flow Yield
IIVI
0.63%
Winner
CNC
22.87%
P/S Ratio
IIVI
6.05
CNC
N/A
P/B Ratio
IIVI
6.26
CNC
N/A
IIVI vs CNC - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IIVI
+29.74%
CNC
+6.48%
3M
IIVI
+33.75%
Winner
CNC
+90.93%
6M
IIVI
+46.52%
Winner
CNC
+57.86%
1Y
IIVI
+12.73%
Winner
CNC
+16.50%
5Y(CAGR)
IIVI
N/A
CNC
-2.86%
10Y(CAGR)
IIVI
N/A
CNC
+6.17%
Max(CAGR)
IIVI
+8.75%
Winner
CNC
+16.67%
IIVI vs CNC - Annual Returns (2001 - 2026)
Returns include dividend reinvestment.
| Year | IIVI | CNC |
|---|---|---|
| 2026 | N/A | +50.72% |
| 2025 | N/A | -31.99% |
| 2024 | N/A | -21.15% |
| 2023 | +44.29% | -6.94% |
| 2022 | -41.99% | -0.77% |
| 2021 | -7.49% | +32.71% |
| 2020 | +59.15% | -2.99% |
| 2019 | N/A | +11.27% |
| 2018 | N/A | +12.39% |
| 2017 | N/A | +73.01% |
| 2016 | N/A | -14.42% |
| 2015 | N/A | +26.02% |
| 2014 | N/A | +75.90% |
| 2013 | N/A | +42.53% |
| 2012 | N/A | +2.47% |
| 2011 | N/A | +49.85% |
| 2010 | N/A | +16.77% |
| 2009 | N/A | +8.18% |
| 2008 | N/A | -28.54% |
| 2007 | N/A | +11.41% |
| 2006 | N/A | -7.11% |
| 2005 | N/A | -8.30% |
| 2004 | N/A | +97.08% |
| 2003 | N/A | +21.78% |
| 2002 | N/A | +52.69% |
| 2001 | N/A | +27.62% |
IIVI vs CNC Drawdown Comparison
The maximum drawdown for IIVI was -63.56%, occurring on May 16, 2023. This drawdown has not yet recovered.
The maximum drawdown for CNC was -74.07%, occurring on Aug 6, 2025. This drawdown has not yet recovered.
The current IIVI drawdown is -35.99%. The current CNC drawdown is -35.23%.
| Rank | IIVI | CNC |
|---|---|---|
| #1 | -63.56% Feb 11, 2021 - May 16, 2023 | -74.07% Aug 15, 2022 - Aug 6, 2025 |
| #2 | -25.73% Aug 12, 2020 - Nov 5, 2020 | -64.42% Jul 20, 2005 - Jul 7, 2011 |
| #3 | -8.76% Jan 22, 2021 - Feb 9, 2021 | -47.17% Apr 5, 2012 - May 13, 2013 |
| #4 | -5.95% Jul 6, 2020 - Jul 21, 2020 | -41.82% Aug 29, 2018 - May 21, 2021 |
| #5 | -5.12% Dec 24, 2020 - Jan 5, 2021 | -37.80% Jun 25, 2015 - Jun 22, 2017 |
| #6 | -3.19% Dec 8, 2020 - Dec 15, 2020 | -31.70% Dec 30, 2002 - Jun 3, 2003 |
| #7 | -2.07% Jul 21, 2020 - Jul 31, 2020 | -30.50% Jul 7, 2011 - Nov 30, 2011 |
| #8 | -1.34% Jan 7, 2021 - Jan 11, 2021 | -27.97% Feb 16, 2005 - Jul 8, 2005 |
| #9 | -1.27% Dec 15, 2020 - Dec 17, 2020 | -27.37% Jun 28, 2002 - Oct 30, 2002 |
| #10 | -0.92% Dec 18, 2020 - Dec 22, 2020 | -25.21% Oct 27, 2003 - May 26, 2004 |
| #11 | -0.69% Aug 7, 2020 - Aug 12, 2020 | -22.48% Apr 23, 2002 - Jun 28, 2002 |
| #12 | -0.66% Jan 19, 2021 - Jan 21, 2021 | -20.04% Jul 12, 2021 - Nov 9, 2021 |
| #13 | -0.65% Jan 14, 2021 - Jan 19, 2021 | -18.26% Oct 16, 2013 - Apr 24, 2014 |
| #14 | -0.55% Jan 5, 2021 - Jan 7, 2021 | -17.48% Nov 20, 2002 - Dec 24, 2002 |
| #15 | -0.52% Nov 11, 2020 - Nov 13, 2020 | -16.03% Jul 29, 2003 - Sep 16, 2003 |
Correlation
Correlation between IIVI and CNC is -0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.19
-101
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