ALKS vs. COP
ALKS (Alkermes plc) and COP (ConocoPhillips Company) are both stocks. ALKS operates in Biotechnology (Healthcare), while COP operates in Oil & Gas E&P (Energy). Over the past 10 years, ALKS returned -0.05%/yr vs 13.80%/yr for COP. At a 0.18 correlation, their price movements are largely independent.
Performance
ALKS vs. COP - Performance Comparison
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Returns By Period
In the year-to-date period, ALKS achieves a 51.72% return, which is significantly higher than COP's 28.95% return. Over the past 10 years, ALKS has underperformed COP with an annualized return of -0.05%, while COP has yielded a comparatively higher 13.80% annualized return.
ALKS
- 1D
- -0.82%
- 1M
- 21.32%
- YTD
- 51.72%
- 6M
- 44.34%
- 1Y
- 33.87%
- 3Y*
- 10.89%
- 5Y*
- 11.44%
- 10Y*
- -0.05%
COP
- 1D
- 1.49%
- 1M
- 5.18%
- YTD
- 28.95%
- 6M
- 29.96%
- 1Y
- 40.83%
- 3Y*
- 8.10%
- 5Y*
- 18.98%
- 10Y*
- 13.80%
ALKS vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 51.72% | -2.71% | 3.68% | 6.16% | 12.34% | 16.59% | -2.21% | -30.87% | -46.08% | -1.53% |
COP ConocoPhillips Company | 28.95% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between ALKS and COP is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 1991 | 0.18 |
The correlation between ALKS and COP shifts across timeframes, from 0.01 (1 year) to 0.20 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ALKS:
$7.06B
COP:
$145.64B
ALKS:
$0.91
COP:
$5.90
ALKS:
46.68
COP:
20.15
ALKS:
0.19
COP:
1.16
ALKS:
4.56
COP:
2.53
ALKS:
4.03
COP:
2.26
ALKS:
$1.56B
COP:
$58.31B
ALKS:
$1.02B
COP:
$17.02B
ALKS:
$249.70M
COP:
$22.44B
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Return for Risk
ALKS vs. COP — Risk / Return Rank
ALKS
COP
ALKS vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkermes plc (ALKS) and ConocoPhillips Company (COP). 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.
| ALKS | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 2.75 | -1.22 |
| Martin ratioReturn relative to average drawdown | 3.35 | 6.17 | -2.82 |
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
| ALKS | COP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.41 | -0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.58 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | 0.37 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.23 | -0.13 |
Drawdowns
ALKS vs. COP - Drawdown Comparison
The maximum ALKS drawdown since its inception was -96.14%, which is greater than COP's maximum drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for ALKS and COP.
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Drawdown Indicators
| ALKS | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.14% | -84.55% | -11.59% |
Max Drawdown (1Y)Largest decline over 1 year | -22.20% | -14.90% | -7.30% |
Max Drawdown (3Y)Largest decline over 3 years | -31.58% | -36.19% | +4.61% |
Max Drawdown (5Y)Largest decline over 5 years | -33.18% | -36.19% | +3.01% |
Max Drawdown (10Y)Largest decline over 10 years | -80.58% | -70.66% | -9.92% |
Current DrawdownCurrent decline from peak | -56.71% | -10.48% | -46.23% |
Average DrawdownAverage peak-to-trough decline | -67.24% | -25.48% | -41.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.54% | 6.63% | +3.91% |
Volatility
ALKS vs. COP - Volatility Comparison
Alkermes plc (ALKS) has a higher volatility of 12.00% compared to ConocoPhillips Company (COP) at 7.55%. This indicates that ALKS's price experiences larger fluctuations and is considered to be riskier than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKS | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.00% | 7.55% | +4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 30.15% | 22.71% | +7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.67% | 29.22% | +11.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.28% | 32.73% | +4.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.28% | 37.65% | +3.63% |
Dividends
ALKS vs. COP - Dividend Comparison
ALKS has not paid dividends to shareholders, while COP's dividend yield for the trailing twelve months is around 2.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COP ConocoPhillips Company | 2.78% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
Financials
ALKS vs. COP - Financials Comparison
This section allows you to compare key financial metrics between Alkermes plc and ConocoPhillips Company. 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
ALKS vs. COP - Profitability Comparison
ALKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alkermes plc reported a gross profit of 0.00 and revenue of 392.91M. Therefore, the gross margin over that period was 0.0%.
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
ALKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alkermes plc reported an operating income of -48.28M and revenue of 392.91M, resulting in an operating margin of -12.3%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
ALKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alkermes plc reported a net income of -66.48M and revenue of 392.91M, resulting in a net margin of -16.9%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
Frequently Asked Questions
ALKS and COP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALKS has higher volatility (12.00%) compared to COP (7.55%). In terms of maximum drawdown, ALKS dropped -96.14% vs COP's -84.55%.
COP currently has the higher Sharpe Ratio (1.41 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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