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 14.70%/yr vs 8.14%/yr for PG. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
CCEP vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, CCEP achieves a 21.97% return, which is significantly higher than PG's 3.07% return. Over the past 10 years, CCEP has outperformed PG with an annualized return of 14.70%, while PG has yielded a comparatively lower 8.14% annualized return.
CCEP
- 1D
- -2.01%
- 1M
- 2.67%
- 6M
- 20.64%
- YTD
- 21.97%
- 1Y
- 15.54%
- 3Y*
- 23.58%
- 5Y*
- 15.65%
- 10Y*
- 14.70%
- ALL TIME*
- 9.83%
PG
- 1D
- 0.37%
- 1M
- -3.86%
- 6M
- -3.36%
- YTD
- 3.07%
- 1Y
- -1.27%
- 3Y*
- 0.02%
- 5Y*
- 2.93%
- 10Y*
- 8.14%
- ALL TIME*
- 10.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $234.18M | $209.37M | $194.19M | |
| $1.25B | $1.28B | $1.30B |
CCEP vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 21.97% | 21.20% | 18.35% | 24.50% | 2.33% | 15.61% | 0.48% | 13.85% | 18.58% | 30.72% |
PG The Procter & Gamble Company | 3.07% | -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 have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 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:
$48.51B
PG:
$336.46B
CCEP:
€7.47
PG:
$6.62
CCEP:
12.73
PG:
21.84
CCEP:
0.63
PG:
7.21
CCEP:
1.03
PG:
4.03
CCEP:
5.45
PG:
6.44
CCEP:
€41.26B
PG:
$87.03B
CCEP:
€14.63B
PG:
$43.67B
CCEP:
€6.87B
PG:
$21.25B
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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.
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 | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.01 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.07 | +0.95 |
| Martin ratioReturn relative to average drawdown | 1.68 | -0.13 | +1.81 |
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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 | -28.99% | -23.77% | -5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | -23.77% | -24.99% |
Current DrawdownCurrent decline from peak | -2.01% | -15.63% | +13.62% |
Average DrawdownAverage peak-to-trough decline | -24.28% | -12.17% | -12.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.52% | 9.06% | +0.46% |
Volatility
CCEP vs. PG - Volatility Comparison
The current volatility for Coca-Cola European Partners plc (CCEP) is 6.20%, while The Procter & Gamble Company (PG) has a volatility of 6.95%. This indicates that CCEP experiences smaller price fluctuations and is considered to be less risky 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 | 6.20% | 6.95% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 17.90% | 15.72% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.56% | 19.64% | +3.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.23% | 18.08% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.36% | 19.18% | +7.18% |
Dividends
CCEP vs. PG - Dividend Comparison
CCEP's dividend yield for the trailing twelve months is around 2.18%, less than PG's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.18% | 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 | 2.97% | 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 Aug 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 Aug 2026, The Procter & Gamble Company reported a gross profit of 10.28B and revenue of 21.20B. Therefore, the gross margin over that period was 48.5%.
CCEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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 Aug 2026, The Procter & Gamble Company reported an operating income of 3.95B and revenue of 21.20B, resulting in an operating margin of 18.6%.
CCEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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 Aug 2026, The Procter & Gamble Company reported a net income of 3.00B and revenue of 21.20B, resulting in a net margin of 14.1%.
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.
PG has higher volatility (6.95%) compared to CCEP (6.20%). In terms of maximum drawdown, CCEP dropped -79.40% vs PG's -54.25%.
CCEP currently has the higher Sharpe Ratio (0.68 vs -0.06), 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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