CCEP vs. ASML
CCEP (Coca-Cola European Partners plc) and ASML (ASML Holding N.V.) are both stocks. CCEP operates in Beverages - Non-Alcoholic (Consumer Defensive), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, CCEP returned 13.47%/yr vs 36.00%/yr for ASML. At a 0.24 correlation, their price movements are largely independent.
Performance
CCEP vs. ASML - Performance Comparison
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Returns By Period
In the year-to-date period, CCEP achieves a 10.70% return, which is significantly lower than ASML's 74.80% return. Over the past 10 years, CCEP has underperformed ASML with an annualized return of 13.47%, while ASML has yielded a comparatively higher 36.00% annualized return.
CCEP
- 1D
- 1.69%
- 1M
- 10.54%
- YTD
- 10.70%
- 6M
- 10.57%
- 1Y
- 9.85%
- 3Y*
- 18.61%
- 5Y*
- 13.46%
- 10Y*
- 13.47%
ASML
- 1D
- -1.89%
- 1M
- 17.61%
- YTD
- 74.80%
- 6M
- 73.02%
- 1Y
- 146.81%
- 3Y*
- 37.59%
- 5Y*
- 22.97%
- 10Y*
- 36.00%
CCEP vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 10.70% | 21.20% | 18.35% | 24.50% | 2.33% | 15.61% | 0.48% | 13.85% | 18.58% | 30.72% |
ASML ASML Holding N.V. | 74.80% | 56.51% | -7.70% | 39.91% | -30.49% | 64.13% | 66.06% | 93.56% | -9.80% | 56.23% |
Correlation
The correlation between CCEP and ASML is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 1995 | 0.24 |
Over the past year, the correlation between CCEP and ASML has dropped to 0.02 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
CCEP:
$44.61B
ASML:
$718.77B
CCEP:
€7.47
ASML:
€25.86
CCEP:
11.50
ASML:
62.30
CCEP:
0.57
ASML:
4.10
CCEP:
0.93
ASML:
18.51
CCEP:
4.92
ASML:
29.83
CCEP:
€41.26B
ASML:
€33.69B
CCEP:
€14.63B
ASML:
€17.72B
CCEP:
€6.87B
ASML:
€12.99B
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Return for Risk
CCEP vs. ASML — Risk / Return Rank
CCEP
ASML
CCEP vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola European Partners plc (CCEP) and ASML Holding N.V. (ASML). 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.
| CCEP | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.86 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.45 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 7.83 | -7.33 |
| Martin ratioReturn relative to average drawdown | 0.90 | 21.08 | -20.17 |
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Drawdowns
CCEP vs. ASML - Drawdown Comparison
The maximum CCEP drawdown since its inception was -79.40%, smaller than the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for CCEP and ASML.
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Drawdown Indicators
| CCEP | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.40% | -90.00% | +10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.22% | -17.85% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -18.22% | -45.38% | +27.16% |
Max Drawdown (5Y)Largest decline over 5 years | -29.52% | -56.84% | +27.32% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | -56.84% | +8.08% |
Current DrawdownCurrent decline from peak | -9.08% | -1.89% | -7.19% |
Average DrawdownAverage peak-to-trough decline | -24.34% | -28.12% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.03% | 6.63% | +3.40% |
Volatility
CCEP vs. ASML - Volatility Comparison
The current volatility for Coca-Cola European Partners plc (CCEP) is 6.82%, while ASML Holding N.V. (ASML) has a volatility of 17.27%. This indicates that CCEP experiences smaller price fluctuations and is considered to be less risky than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCEP | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.82% | 17.27% | -10.45% |
Volatility (6M)Calculated over the trailing 6-month period | 16.68% | 34.58% | -17.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.46% | 42.75% | -20.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.20% | 42.44% | -19.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 38.72% | -12.34% |
Dividends
CCEP vs. ASML - Dividend Comparison
CCEP's dividend yield for the trailing twelve months is around 2.41%, more than ASML's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 0.47% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
CCEP Coca-Cola European Partners plc | 2.41% | 2.57% | 2.77% | 2.95% | 3.07% | 2.90% | 2.01% | 2.71% | 2.73% | 2.97% | 3.65% | 2.27% |
Financials
CCEP vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between Coca-Cola European Partners plc and ASML Holding N.V.. 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
CCEP vs. ASML - Profitability Comparison
CCEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca-Cola European Partners plc reported a gross profit of 3.71B and revenue of 10.55B. Therefore, the gross margin over that period was 35.2%.
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a gross profit of 4.65B and revenue of 8.77B. Therefore, the gross margin over that period was 53.0%.
CCEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca-Cola European Partners plc reported an operating income of 1.34B and revenue of 10.55B, resulting in an operating margin of 12.8%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported an operating income of 3.16B and revenue of 8.77B, resulting in an operating margin of 36.0%.
CCEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca-Cola European Partners plc reported a net income of 1.02B and revenue of 10.55B, resulting in a net margin of 9.7%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a net income of 2.76B and revenue of 8.77B, resulting in a net margin of 31.4%.
Frequently Asked Questions
CCEP and ASML have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASML has higher volatility (17.27%) compared to CCEP (6.82%). In terms of maximum drawdown, CCEP dropped -79.40% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.27 vs 0.40), 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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