BA vs. KO
BA (The Boeing Company) and KO (The Coca-Cola Company) are both stocks. BA operates in Aerospace & Defense (Industrials), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, BA returned 6.08%/yr vs 8.99%/yr for KO. At a 0.26 correlation, their price movements are largely independent.
Performance
BA vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, BA achieves a -0.55% return, which is significantly lower than KO's 14.56% return. Over the past 10 years, BA has underperformed KO with an annualized return of 6.08%, while KO has yielded a comparatively higher 8.99% annualized return.
BA
- 1D
- 0.22%
- 1M
- -9.03%
- YTD
- -0.55%
- 6M
- 4.68%
- 1Y
- 2.43%
- 3Y*
- -0.21%
- 5Y*
- -2.74%
- 10Y*
- 6.08%
KO
- 1D
- 0.08%
- 1M
- 1.43%
- YTD
- 14.56%
- 6M
- 14.00%
- 1Y
- 14.71%
- 3Y*
- 12.88%
- 5Y*
- 10.72%
- 10Y*
- 8.99%
BA vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | -0.55% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
KO The Coca-Cola Company | 14.56% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between BA and KO is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1962 | 0.26 |
Over the past year, the correlation between BA and KO has dropped to 0.00 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
BA:
$176.66B
KO:
$343.14B
BA:
$2.90
KO:
$3.18
BA:
74.42
KO:
25.04
BA:
11.66
KO:
3.02
BA:
1.83
KO:
6.96
BA:
29.54
KO:
10.20
BA:
$92.18B
KO:
$49.28B
BA:
$4.43B
KO:
$30.43B
BA:
$7.13B
KO:
$18.35B
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Return for Risk
BA vs. KO — Risk / Return Rank
BA
KO
BA vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Boeing Company (BA) and The Coca-Cola Company (KO). 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.
| BA | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.16 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 1.87 | -1.78 |
| Martin ratioReturn relative to average drawdown | 0.22 | 3.66 | -3.43 |
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
| BA | KO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | 0.90 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.67 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.50 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.53 | -0.23 |
Drawdowns
BA vs. KO - Drawdown Comparison
The maximum BA drawdown since its inception was -89.45%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for BA and KO.
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Drawdown Indicators
| BA | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.45% | -68.23% | -21.22% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -7.89% | -17.07% |
Max Drawdown (3Y)Largest decline over 3 years | -48.31% | -16.26% | -32.05% |
Max Drawdown (5Y)Largest decline over 5 years | -53.76% | -17.27% | -36.49% |
Max Drawdown (10Y)Largest decline over 10 years | -77.92% | -36.99% | -40.93% |
Current DrawdownCurrent decline from peak | -49.82% | -2.91% | -46.91% |
Average DrawdownAverage peak-to-trough decline | -31.02% | -16.09% | -14.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.91% | 4.03% | +6.88% |
Volatility
BA vs. KO - Volatility Comparison
The Boeing Company (BA) has a higher volatility of 11.06% compared to The Coca-Cola Company (KO) at 5.81%. This indicates that BA's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.06% | 5.81% | +5.25% |
Volatility (6M)Calculated over the trailing 6-month period | 22.76% | 12.37% | +10.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.87% | 16.37% | +15.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.48% | 16.10% | +20.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.58% | 18.21% | +23.37% |
Dividends
BA vs. KO - Dividend Comparison
BA has not paid dividends to shareholders, while KO's dividend yield for the trailing twelve months is around 2.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
KO The Coca-Cola Company | 2.59% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Financials
BA vs. KO - Financials Comparison
This section allows you to compare key financial metrics between The Boeing Company and The Coca-Cola 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
BA vs. KO - Profitability Comparison
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a gross profit of 7.85B and revenue of 12.47B. Therefore, the gross margin over that period was 63.0%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported an operating income of 4.36B and revenue of 12.47B, resulting in an operating margin of 35.0%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a net income of 3.92B and revenue of 12.47B, resulting in a net margin of 31.5%.
Frequently Asked Questions
BA and KO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (11.06%) compared to KO (5.81%). In terms of maximum drawdown, BA dropped -89.45% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (0.90 vs 0.08), 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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