CCH.L vs. HEI.DE
CCH.L (Coca Cola HBC AG) and HEI.DE (HeidelbergCement AG) are both stocks. CCH.L operates in Beverages - Non-Alcoholic (Consumer Defensive), while HEI.DE operates in Building Materials (Basic Materials). Over the past 10 years, CCH.L returned 15.40%/yr vs 13.81%/yr for HEI.DE. At a 0.29 correlation, their price movements are largely independent.
Performance
CCH.L vs. HEI.DE - Performance Comparison
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Different Trading Currencies
CCH.L is traded in GBp, while HEI.DE is traded in EUR. To make them comparable, the HEI.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CCH.L achieves a 13.01% return, which is significantly higher than HEI.DE's -18.68% return. Over the past 10 years, CCH.L has outperformed HEI.DE with an annualized return of 15.40%, while HEI.DE has yielded a comparatively lower 13.81% annualized return.
CCH.L
- 1D
- 1.00%
- 1M
- 1.39%
- YTD
- 13.01%
- 6M
- 17.85%
- 1Y
- 10.81%
- 3Y*
- 24.32%
- 5Y*
- 13.75%
- 10Y*
- 15.40%
HEI.DE
- 1D
- 1.37%
- 1M
- -0.76%
- YTD
- -18.68%
- 6M
- -16.81%
- 1Y
- 7.55%
- 3Y*
- 40.26%
- 5Y*
- 22.64%
- 10Y*
- 13.81%
CCH.L vs. HEI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 13.01% | 43.89% | 22.12% | 20.07% | -20.11% | 9.79% | -4.81% | 12.76% | 3.22% | 38.99% |
HEI.DE HeidelbergCement AG | -18.68% | 100.12% | 45.33% | 54.67% | -1.03% | -7.00% | 6.34% | 18.95% | -38.63% | 8.13% |
Correlation
The correlation between CCH.L and HEI.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2013 | 0.29 |
The correlation between CCH.L and HEI.DE shifts across timeframes, from 0.18 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CCH.L vs. HEI.DE — Risk / Return Rank
CCH.L
HEI.DE
CCH.L vs. HEI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca Cola HBC AG (CCH.L) and HeidelbergCement AG (HEI.DE). 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.
| CCH.L | HEI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.07 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 0.23 | +0.37 |
| Martin ratioReturn relative to average drawdown | 1.25 | 0.55 | +0.69 |
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
| CCH.L | HEI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 0.21 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.72 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.46 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.17 | +0.21 |
Drawdowns
CCH.L vs. HEI.DE - Drawdown Comparison
The maximum CCH.L drawdown since its inception was -48.45%, smaller than the maximum HEI.DE drawdown of -79.79%. Use the drawdown chart below to compare losses from any high point for CCH.L and HEI.DE.
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Drawdown Indicators
| CCH.L | HEI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -79.79% | +31.34% |
Max Drawdown (1Y)Largest decline over 1 year | -18.05% | -33.01% | +14.96% |
Max Drawdown (3Y)Largest decline over 3 years | -18.05% | -33.01% | +14.96% |
Max Drawdown (5Y)Largest decline over 5 years | -47.54% | -43.83% | -3.71% |
Max Drawdown (10Y)Largest decline over 10 years | -48.45% | -64.97% | +16.52% |
Current DrawdownCurrent decline from peak | -10.48% | -23.89% | +13.41% |
Average DrawdownAverage peak-to-trough decline | -14.56% | -30.84% | +16.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 13.62% | -4.97% |
Volatility
CCH.L vs. HEI.DE - Volatility Comparison
The current volatility for Coca Cola HBC AG (CCH.L) is 6.61%, while HeidelbergCement AG (HEI.DE) has a volatility of 11.78%. This indicates that CCH.L experiences smaller price fluctuations and is considered to be less risky than HEI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCH.L | HEI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 11.78% | -5.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 28.35% | -11.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.59% | 35.56% | -12.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.83% | 30.96% | -7.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.24% | 30.06% | -3.82% |
Dividends
CCH.L vs. HEI.DE - Dividend Comparison
CCH.L's dividend yield for the trailing twelve months is around 2.45%, more than HEI.DE's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 2.45% | 2.32% | 2.94% | 2.93% | 3.11% | 2.17% | 2.26% | 8.67% | 1.91% | 1.57% | 1.95% | 2.15% |
HEI.DE HeidelbergCement AG | 2.01% | 1.48% | 2.51% | 3.21% | 4.50% | 3.70% | 4.57% | 3.23% | 3.56% | 1.77% | 1.47% | 0.99% |
Financials
CCH.L vs. HEI.DE - Financials Comparison
This section allows you to compare key financial metrics between Coca Cola HBC AG and HeidelbergCement AG. 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
Frequently Asked Questions
CCH.L and HEI.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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