We report cholesteric/polymer dispersed (CPD) materials that switch from a reflecting, planar state to a relatively transparent, focal conic state. The reflective wavelength of the CPD materials can be continuously adjusted by varying the cholesteric pitch length. The electro‐optic properties of these materials are similar to the recently reported polymer stabilized cholesteric materials; however, the polymer concentration is sufficient to provide a self‐sustaining and self‐adhering film, offering the potential of large area devices fabricated on flexible substrates.