BSX vs. KO
BSX (Boston Scientific Corporation) and KO (The Coca-Cola Company) are both stocks. BSX operates in Medical Devices (Healthcare), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, BSX returned 7.42%/yr vs 9.55%/yr for KO. At a 0.24 correlation, their price movements are largely independent.
Performance
BSX vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, BSX achieves a -50.80% return, which is significantly lower than KO's 18.99% return. Over the past 10 years, BSX has underperformed KO with an annualized return of 7.42%, while KO has yielded a comparatively higher 9.55% annualized return.
BSX
- 1D
- -0.55%
- 1M
- -11.59%
- YTD
- -50.80%
- 6M
- -49.33%
- 1Y
- -52.40%
- 3Y*
- -2.85%
- 5Y*
- 1.80%
- 10Y*
- 7.42%
KO
- 1D
- 0.11%
- 1M
- 2.94%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 17.68%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
BSX vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSX Boston Scientific Corporation | -50.80% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | 42.56% | 14.61% |
KO The Coca-Cola Company | 18.99% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between BSX and KO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since May 19, 1992 | 0.24 |
The correlation between BSX and KO shifts across timeframes, from 0.13 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BSX:
$70.13B
KO:
$356.42B
BSX:
$2.38
KO:
$3.18
BSX:
19.74
KO:
26.01
BSX:
0.44
KO:
3.14
BSX:
3.40
KO:
7.23
BSX:
2.71
KO:
10.60
BSX:
$20.62B
KO:
$49.28B
BSX:
$14.52B
KO:
$30.43B
BSX:
$4.76B
KO:
$18.35B
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Return for Risk
BSX vs. KO — Risk / Return Rank
BSX
KO
BSX vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Scientific Corporation (BSX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSX | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -4.00 | ||
| Omega ratioGain probability vs. loss probability | 0.67 | 1.19 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 2.26 | -3.19 |
| Martin ratioReturn relative to average drawdown | -2.00 | 4.51 | -6.51 |
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Drawdowns
BSX vs. KO - Drawdown Comparison
The maximum BSX drawdown since its inception was -89.15%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for BSX and KO.
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Drawdown Indicators
| BSX | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.15% | -68.23% | -20.92% |
Max Drawdown (1Y)Largest decline over 1 year | -56.62% | -7.87% | -48.75% |
Max Drawdown (3Y)Largest decline over 3 years | -56.62% | -16.26% | -40.36% |
Max Drawdown (5Y)Largest decline over 5 years | -56.62% | -17.27% | -39.35% |
Max Drawdown (10Y)Largest decline over 10 years | -56.62% | -36.99% | -19.63% |
Current DrawdownCurrent decline from peak | -56.62% | -1.16% | -55.46% |
Average DrawdownAverage peak-to-trough decline | -38.76% | -16.09% | -22.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.23% | 3.98% | +22.25% |
Volatility
BSX vs. KO - Volatility Comparison
Boston Scientific Corporation (BSX) has a higher volatility of 15.84% compared to The Coca-Cola Company (KO) at 6.70%. This indicates that BSX'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
| BSX | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.84% | 6.70% | +9.14% |
Volatility (6M)Calculated over the trailing 6-month period | 32.83% | 12.87% | +19.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.77% | 16.73% | +18.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.69% | 16.18% | +9.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.29% | 18.24% | +9.05% |
Dividends
BSX vs. KO - Dividend Comparison
BSX has not paid dividends to shareholders, while KO's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSX Boston Scientific Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KO The Coca-Cola Company | 2.49% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Financials
BSX vs. KO - Financials Comparison
This section allows you to compare key financial metrics between Boston Scientific Corporation 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
BSX vs. KO - Profitability Comparison
BSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a gross profit of 3.61B and revenue of 5.20B. Therefore, the gross margin over that period was 69.4%.
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%.
BSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported an operating income of 1.07B and revenue of 5.20B, resulting in an operating margin of 20.6%.
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%.
BSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a net income of 1.34B and revenue of 5.20B, resulting in a net margin of 25.7%.
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
BSX and KO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSX has higher volatility (15.84%) compared to KO (6.70%). In terms of maximum drawdown, BSX dropped -89.15% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.06 vs -1.51), 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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