CCHGY vs. CAG
CCHGY (Coca Cola HBC AG ADR) and CAG (Conagra Brands, Inc.) are both stocks. Both are in the Consumer Defensive sector — CCHGY in Beverages - Non-Alcoholic, CAG in Packaged Foods. Over the past 10 years, CCHGY returned 16.39%/yr vs -5.98%/yr for CAG. At a 0.16 correlation, their price movements are largely independent.
Performance
CCHGY vs. CAG - Performance Comparison
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Returns By Period
In the year-to-date period, CCHGY achieves a 22.20% return, which is significantly higher than CAG's -18.89% return. Over the past 10 years, CCHGY has outperformed CAG with an annualized return of 16.39%, while CAG has yielded a comparatively lower -5.98% annualized return.
CCHGY
- 1D
- 1.78%
- 1M
- 7.24%
- YTD
- 22.20%
- 6M
- 21.68%
- 1Y
- 23.23%
- 3Y*
- 31.38%
- 5Y*
- 14.43%
- 10Y*
- 16.39%
CAG
- 1D
- 4.51%
- 1M
- -0.96%
- YTD
- -18.89%
- 6M
- -17.31%
- 1Y
- -32.47%
- 3Y*
- -22.12%
- 5Y*
- -13.33%
- 10Y*
- -5.98%
CCHGY vs. CAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCHGY Coca Cola HBC AG ADR | 22.20% | 55.07% | 20.29% | 28.64% | -29.84% | 9.69% | -2.77% | 19.15% | -4.50% | 56.29% |
CAG Conagra Brands, Inc. | -18.89% | -33.32% | 1.46% | -22.82% | 17.52% | -2.55% | 8.69% | 65.50% | -41.99% | -2.55% |
Correlation
The correlation between CCHGY and CAG is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2014 | 0.16 |
The correlation between CCHGY and CAG shifts across timeframes, from 0.15 (10 years) to 0.30 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CCHGY:
$22.43B
CAG:
$6.43B
CCHGY:
€4.83
CAG:
-$0.09
CCHGY:
0.88
CAG:
0.58
CCHGY:
5.13
CAG:
0.79
CCHGY:
€22.31B
CAG:
$11.18B
CCHGY:
€8.13B
CAG:
$2.70B
CCHGY:
€2.99B
CAG:
$792.70M
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Return for Risk
CCHGY vs. CAG — Risk / Return Rank
CCHGY
CAG
CCHGY vs. CAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca Cola HBC AG ADR (CCHGY) and Conagra Brands, Inc. (CAG). 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.
| CCHGY | CAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.82 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | -0.90 | +2.16 |
| Martin ratioReturn relative to average drawdown | 2.47 | -1.76 | +4.24 |
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Drawdowns
CCHGY vs. CAG - Drawdown Comparison
The maximum CCHGY drawdown since its inception was -51.91%, smaller than the maximum CAG drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for CCHGY and CAG.
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Drawdown Indicators
| CCHGY | CAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.91% | -62.52% | +10.61% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | -36.31% | +17.88% |
Max Drawdown (3Y)Largest decline over 3 years | -20.69% | -56.66% | +35.97% |
Max Drawdown (5Y)Largest decline over 5 years | -51.01% | -62.52% | +11.51% |
Max Drawdown (10Y)Largest decline over 10 years | -51.91% | -62.52% | +10.61% |
Current DrawdownCurrent decline from peak | -3.78% | -59.99% | +56.21% |
Average DrawdownAverage peak-to-trough decline | -14.27% | -15.79% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.41% | 18.93% | -9.52% |
Volatility
CCHGY vs. CAG - Volatility Comparison
The current volatility for Coca Cola HBC AG ADR (CCHGY) is 5.67%, while Conagra Brands, Inc. (CAG) has a volatility of 8.97%. This indicates that CCHGY experiences smaller price fluctuations and is considered to be less risky than CAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCHGY | CAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.67% | 8.97% | -3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 19.00% | 22.78% | -3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.35% | 28.69% | -3.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.12% | 23.50% | +5.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.23% | 26.27% | +3.96% |
Dividends
CCHGY vs. CAG - Dividend Comparison
CCHGY's dividend yield for the trailing twelve months is around 2.13%, less than CAG's 10.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 10.42% | 8.09% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 29.36% | 2.37% |
CCHGY Coca Cola HBC AG ADR | 2.13% | 2.17% | 4.70% | 2.91% | 3.15% | 2.23% | 2.03% | 8.26% | 1.17% | 1.36% | 1.85% | 2.00% |
Financials
CCHGY vs. CAG - Financials Comparison
This section allows you to compare key financial metrics between Coca Cola HBC AG ADR and Conagra Brands, Inc.. 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
CCHGY vs. CAG - Profitability Comparison
CCHGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG ADR reported a gross profit of 2.19B and revenue of 5.94B. Therefore, the gross margin over that period was 36.8%.
CAG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a gross profit of 657.70M and revenue of 2.79B. Therefore, the gross margin over that period was 23.6%.
CCHGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG ADR reported an operating income of 650.05M and revenue of 5.94B, resulting in an operating margin of 10.9%.
CAG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported an operating income of 280.10M and revenue of 2.79B, resulting in an operating margin of 10.1%.
CCHGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG ADR reported a net income of 466.32M and revenue of 5.94B, resulting in a net margin of 7.9%.
CAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a net income of 199.80M and revenue of 2.79B, resulting in a net margin of 7.2%.
Frequently Asked Questions
CCHGY and CAG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (8.97%) compared to CCHGY (5.67%). In terms of maximum drawdown, CCHGY dropped -51.91% vs CAG's -62.52%.
CCHGY currently has the higher Sharpe Ratio (0.92 vs -1.14), 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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