CCH.L vs. S7XP.L

Last updated Jun 5, 2026

CCH.L (Coca Cola HBC AG) is a stock, while S7XP.L (Invesco EURO STOXX Optimised Banks UCITS ETF) is Financials Equities fund tracking the MSCI World/Financials NR USD. Over the past 10 years, CCH.L returned 15.40%/yr vs 15.50%/yr for S7XP.L. At a 0.28 correlation, their price movements are largely independent.

Performance

CCH.L vs. S7XP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Coca Cola HBC AG (CCH.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCH.L achieves a 13.01% return, which is significantly higher than S7XP.L's 4.29% return. Both investments have delivered pretty close results over the past 10 years, with CCH.L having a 15.40% annualized return and S7XP.L not far ahead at 15.50%.

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%

S7XP.L

• 1D: 0.77%
• 1M: 6.44%
• YTD: 4.29%
• 6M: 10.76%
• 1Y: 41.95%
• 3Y*: 44.34%
• 5Y*: 28.16%
• 10Y*: 15.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCH.L vs. S7XP.L - 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%
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	4.29%	94.76%	25.39%	26.22%	6.71%	30.03%	-18.68%	10.65%	-30.92%	19.01%

Correlation

The correlation between CCH.L and S7XP.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 27, 2014	0.28

Return for Risk

CCH.L vs. S7XP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCH.L

CCH.L Risk / Return Rank: 54
CCH.L Sharpe Ratio Rank: 58
CCH.L Sortino Ratio Rank: 50
CCH.L Omega Ratio Rank: 50
CCH.L Calmar Ratio Rank: 56
CCH.L Martin Ratio Rank: 55

S7XP.L

S7XP.L Risk / Return Rank: 50
S7XP.L Sharpe Ratio Rank: 53
S7XP.L Sortino Ratio Rank: 51
S7XP.L Omega Ratio Rank: 48
S7XP.L Calmar Ratio Rank: 50
S7XP.L Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCH.L vs. S7XP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coca Cola HBC AG (CCH.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L). 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	S7XP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.48	1.79	-1.32
Sortino ratio: Return per unit of downside risk	0.83	2.46	-1.62
Omega ratio: Gain probability vs. loss probability	1.11	1.30	-0.19
Calmar ratio: Return relative to maximum drawdown	0.60	2.44	-1.85
Martin ratio: Return relative to average drawdown	1.25	8.05	-6.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCH.L vs. S7XP.L - Sharpe Ratio Comparison

The current CCH.L Sharpe Ratio is 0.48, which is lower than the S7XP.L Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of CCH.L and S7XP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CCH.L	S7XP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	1.79	-1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	1.09	-0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.55	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.37	+0.02

Drawdowns

CCH.L vs. S7XP.L - Drawdown Comparison

The maximum CCH.L drawdown since its inception was -48.45%, smaller than the maximum S7XP.L drawdown of -62.98%. Use the drawdown chart below to compare losses from any high point for CCH.L and S7XP.L.

Drawdown Indicators

	CCH.L	S7XP.L	Difference
Max Drawdown Largest peak-to-trough decline	-48.45%	-62.98%	+14.53%
Max Drawdown (1Y) Largest decline over 1 year	-18.05%	-17.10%	-0.95%
Max Drawdown (3Y) Largest decline over 3 years	-18.05%	-18.26%	+0.21%
Max Drawdown (5Y) Largest decline over 5 years	-47.54%	-35.01%	-12.53%
Max Drawdown (10Y) Largest decline over 10 years	-48.45%	-62.98%	+14.53%
Current Drawdown Current decline from peak	-10.48%	-1.85%	-8.63%
Average Drawdown Average peak-to-trough decline	-14.56%	-19.23%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.65%	5.20%	+3.45%

Volatility

CCH.L vs. S7XP.L - Volatility Comparison

Coca Cola HBC AG (CCH.L) and Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) have volatilities of 6.61% and 6.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCH.L	S7XP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	6.49%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	16.67%	18.61%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	22.59%	23.31%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.83%	25.83%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.24%	27.92%	-1.68%

Dividends

CCH.L vs. S7XP.L - Dividend Comparison

CCH.L's dividend yield for the trailing twelve months is around 2.45%, while S7XP.L has not paid dividends to shareholders.

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%
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CCH.L and S7XP.L in my portfolio?

CCH.L and S7XP.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.