CCL vs. CPNG

Last updated Jun 13, 2026

CCL (Carnival Corporation & Plc) and CPNG (Coupang, Inc.) are both stocks. Both are in the Consumer Cyclical sector — CCL in Travel Services, CPNG in Internet Retail. Over the past 5 years, CCL returned -0.29%/yr vs -15.31%/yr for CPNG. At a 0.30 correlation, their price movements are largely independent.

Performance

CCL vs. CPNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carnival Corporation & Plc (CCL) and Coupang, Inc. (CPNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCL achieves a -3.42% return, which is significantly higher than CPNG's -28.70% return.

CCL

• 1D: 3.77%
• 1M: 19.15%
• YTD: -3.42%
• 6M: 6.79%
• 1Y: 31.61%
• 3Y*: 24.35%
• 5Y*: -0.29%
• 10Y*: -3.28%

CPNG

• 1D: -2.49%
• 1M: 4.34%
• YTD: -28.70%
• 6M: -34.37%
• 1Y: -40.14%
• 3Y*: 0.44%
• 5Y*: -15.31%
• 10Y*: —

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

CCL vs. CPNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CCL Carnival Corporation & Plc	-3.42%	22.55%	34.41%	130.02%	-59.94%	-24.64%
CPNG Coupang, Inc.	-28.70%	7.32%	35.76%	10.06%	-49.93%	-53.73%

Correlation

The correlation between CCL and CPNG is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.30

Fundamentals

Market Cap CCL : $40.62B CPNG : $30.70B
EPS CCL : $2.21 CPNG : -$0.09
PS Ratio CCL : 1.51 CPNG : 1.09
PB Ratio CCL : 3.12 CPNG : 7.81
Total Revenue (TTM) CCL : $26.98B CPNG : $28.65B
Gross Profit (TTM) CCL : $10.13B CPNG : $3.65B
EBITDA (TTM) CCL : $7.23B CPNG : $80.00M

Return for Risk

CCL vs. CPNG — Risk / Return Rank

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

CCL

CCL Risk / Return Rank: 60
CCL Sharpe Ratio Rank: 61
CCL Sortino Ratio Rank: 59
CCL Omega Ratio Rank: 56
CCL Calmar Ratio Rank: 61
CCL Martin Ratio Rank: 61

CPNG

CPNG Risk / Return Rank: 10
CPNG Sharpe Ratio Rank: 7
CPNG Sortino Ratio Rank: 9
CPNG Omega Ratio Rank: 8
CPNG Calmar Ratio Rank: 15
CPNG Martin Ratio Rank: 12

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.

CCL vs. CPNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carnival Corporation & Plc (CCL) and Coupang, Inc. (CPNG). 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.

	CCL	CPNG	Difference
Sharpe ratio: Return per unit of total volatility	0.53	-0.92	+1.45
Sortino ratio: Return per unit of downside risk	1.13	-1.29	+2.42
Omega ratio: Gain probability vs. loss probability	1.13	0.83	+0.30
Calmar ratio: Return relative to maximum drawdown	0.86	-0.74	+1.60
Martin ratio: Return relative to average drawdown	1.73	-1.32	+3.05

CCL vs. CPNG - Sharpe Ratio Comparison

The current CCL Sharpe Ratio is 0.53, which is higher than the CPNG Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of CCL and CPNG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCL vs. CPNG - Drawdown Comparison

The maximum CCL drawdown since its inception was -90.37%, which is greater than CPNG's maximum drawdown of -85.28%. Use the drawdown chart below to compare losses from any high point for CCL and CPNG.

Drawdown Indicators

	CCL	CPNG	Difference
Max Drawdown Largest peak-to-trough decline	-90.37%	-85.28%	-5.09%
Max Drawdown (1Y) Largest decline over 1 year	-29.30%	-54.91%	+25.61%
Max Drawdown (3Y) Largest decline over 3 years	-42.85%	-54.91%	+12.06%
Max Drawdown (5Y) Largest decline over 5 years	-78.21%	-79.01%	+0.80%
Max Drawdown (10Y) Largest decline over 10 years	-90.37%	—	—
Current Drawdown Current decline from peak	-55.46%	-73.51%	+18.05%
Average Drawdown Average peak-to-trough decline	-28.58%	-64.19%	+35.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.54%	30.85%	-16.31%

Volatility

CCL vs. CPNG - Volatility Comparison

The current volatility for Carnival Corporation & Plc (CCL) is 16.53%, while Coupang, Inc. (CPNG) has a volatility of 21.03%. This indicates that CCL experiences smaller price fluctuations and is considered to be less risky than CPNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCL	CPNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.53%	21.03%	-4.50%
Volatility (6M) Calculated over the trailing 6-month period	39.11%	39.57%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	47.77%	44.14%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.59%	52.50%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.65%	53.74%	+3.91%

Dividends

CCL vs. CPNG - Dividend Comparison

CCL's dividend yield for the trailing twelve months is around 1.03%, while CPNG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCL Carnival Corporation & Plc	1.03%	0.00%	0.00%	0.00%	0.00%	0.00%	2.31%	3.93%	3.96%	2.41%	2.59%	2.02%
CPNG Coupang, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CCL and CPNG in my portfolio?

CCL and CPNG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCL or CPNG?

CPNG has higher volatility (21.03%) compared to CCL (16.53%). In terms of maximum drawdown, CCL dropped -90.37% vs CPNG's -85.28%.

Which has better risk-adjusted returns?

CCL currently has the higher Sharpe Ratio (0.53 vs -0.92), 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.