CCEP vs. PG
CCEP (Coca-Cola European Partners plc) and PG (The Procter & Gamble Company) are both stocks. Both are in the Consumer Defensive sector — CCEP in Beverages - Non-Alcoholic, PG in Household & Personal Products. Over the past 10 years, CCEP returned 12.00%/yr vs 8.37%/yr for PG. At a 0.31 correlation, their price movements are largely independent.
Performance
CCEP vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, CCEP achieves a 2.54% return, which is significantly higher than PG's -0.32% return. Over the past 10 years, CCEP has outperformed PG with an annualized return of 12.00%, while PG has yielded a comparatively lower 8.37% annualized return.
CCEP
- 1D
- -0.42%
- 1M
- -0.57%
- YTD
- 2.54%
- 6M
- 2.46%
- 1Y
- 3.86%
- 3Y*
- 16.44%
- 5Y*
- 11.80%
- 10Y*
- 12.00%
PG
- 1D
- 0.42%
- 1M
- -2.84%
- YTD
- -0.32%
- 6M
- -1.73%
- 1Y
- -12.73%
- 3Y*
- 1.40%
- 5Y*
- 3.30%
- 10Y*
- 8.37%
CCEP vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.54% | 21.20% | 18.35% | 24.50% | 2.33% | 15.61% | 0.48% | 13.85% | 18.58% | 30.72% |
PG The Procter & Gamble Company | -0.32% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between CCEP and PG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1987 | 0.31 |
Over the past year, CCEP and PG have become more correlated (0.54) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
CCEP:
$41.32B
PG:
$340.19B
CCEP:
$7.47
PG:
$5.23
CCEP:
12.33
PG:
26.94
CCEP:
0.61
PG:
6.59
CCEP:
1.00
PG:
3.95
CCEP:
5.28
PG:
6.30
CCEP:
$41.26B
PG:
$86.72B
CCEP:
$14.63B
PG:
$43.64B
CCEP:
$6.87B
PG:
$22.63B
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Return for Risk
CCEP vs. PG — Risk / Return Rank
CCEP
PG
CCEP vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola European Partners plc (CCEP) and The Procter & Gamble Company (PG). 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.
| CCEP | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.90 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | -0.82 | +1.04 |
| Martin ratioReturn relative to average drawdown | 0.39 | -1.44 | +1.83 |
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
| CCEP | PG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | -0.70 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.19 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.44 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.46 | -0.16 |
Drawdowns
CCEP vs. PG - Drawdown Comparison
The maximum CCEP drawdown since its inception was -79.40%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for CCEP and PG.
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Drawdown Indicators
| CCEP | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.40% | -54.25% | -25.15% |
Max Drawdown (1Y)Largest decline over 1 year | -18.22% | -15.52% | -2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -18.22% | -21.15% | +2.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.52% | -23.77% | -5.75% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | -23.77% | -24.99% |
Current DrawdownCurrent decline from peak | -15.78% | -18.41% | +2.63% |
Average DrawdownAverage peak-to-trough decline | -24.36% | -12.16% | -12.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.88% | 9.42% | +0.46% |
Volatility
CCEP vs. PG - Volatility Comparison
Coca-Cola European Partners plc (CCEP) has a higher volatility of 6.87% compared to The Procter & Gamble Company (PG) at 6.08%. This indicates that CCEP's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCEP | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.87% | 6.08% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 16.33% | 14.79% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.26% | 18.24% | +4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.15% | 17.70% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 19.00% | +7.38% |
Dividends
CCEP vs. PG - Dividend Comparison
CCEP's dividend yield for the trailing twelve months is around 2.60%, less than PG's 3.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.60% | 2.57% | 2.77% | 2.95% | 3.07% | 2.90% | 2.01% | 2.71% | 2.73% | 2.97% | 3.65% | 2.27% |
PG The Procter & Gamble Company | 3.03% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
CCEP vs. PG - Financials Comparison
This section allows you to compare key financial metrics between Coca-Cola European Partners plc and The Procter & Gamble 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
CCEP vs. PG - 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%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
CCEP and PG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCEP has higher volatility (6.87%) compared to PG (6.08%). In terms of maximum drawdown, CCEP dropped -79.40% vs PG's -54.25%.
CCEP currently has the higher Sharpe Ratio (0.17 vs -0.70), 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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