COKE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Coca-Cola Consolidated, Inc. (COKE) and S&P 500 Index (^GSPC).

Performance

COKE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coca-Cola Consolidated, Inc. (COKE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

COKE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COKE Coca-Cola Consolidated, Inc.	31.34%	22.63%	38.75%	82.92%	-17.09%	133.24%	-5.87%	60.74%	-17.10%	20.94%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, COKE achieves a 31.34% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, COKE has outperformed ^GSPC with an annualized return of 29.48%, while ^GSPC has yielded a comparatively lower 12.24% annualized return.

COKE

• 1D: 4.83%
• 1M: -2.60%
• YTD: 31.34%
• 6M: 69.57%
• 1Y: 45.85%
• 3Y*: 57.23%
• 5Y*: 48.71%
• 10Y*: 29.48%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

COKE vs. ^GSPC — Risk / Return Rank

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

COKE

COKE Risk / Return Rank: 76
COKE Sharpe Ratio Rank: 82
COKE Sortino Ratio Rank: 75
COKE Omega Ratio Rank: 76
COKE Calmar Ratio Rank: 76
COKE Martin Ratio Rank: 70

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

COKE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coca-Cola Consolidated, Inc. (COKE) and S&P 500 Index (^GSPC). 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.

	COKE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.43	0.92	+0.51
Sortino ratio Return per unit of downside risk	1.87	1.41	+0.45
Omega ratio Gain probability vs. loss probability	1.26	1.21	+0.05
Calmar ratio Return relative to maximum drawdown	1.99	1.41	+0.57
Martin ratio Return relative to average drawdown	3.70	6.61	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COKE vs. ^GSPC - Sharpe Ratio Comparison

The current COKE Sharpe Ratio is 1.43, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of COKE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COKE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	0.92	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.33	0.61	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.68	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.46	+0.01

Correlation

The correlation between COKE and ^GSPC is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

COKE vs. ^GSPC - Drawdown Comparison

The maximum COKE drawdown since its inception was -54.32%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for COKE and ^GSPC.

Drawdown Indicators

	COKE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-54.32%	-56.78%	+2.46%
Max Drawdown (1Y) Largest decline over 1 year	-25.20%	-12.14%	-13.06%
Max Drawdown (5Y) Largest decline over 5 years	-35.52%	-25.43%	-10.09%
Max Drawdown (10Y) Largest decline over 10 years	-51.71%	-33.92%	-17.79%
Current Drawdown Current decline from peak	-7.33%	-5.78%	-1.55%
Average Drawdown Average peak-to-trough decline	-18.91%	-10.75%	-8.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.52%	2.60%	+10.92%

Volatility

COKE vs. ^GSPC - Volatility Comparison

Coca-Cola Consolidated, Inc. (COKE) has a higher volatility of 12.32% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that COKE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COKE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.32%	5.37%	+6.95%
Volatility (6M) Calculated over the trailing 6-month period	21.60%	9.55%	+12.05%
Volatility (1Y) Calculated over the trailing 1-year period	32.44%	18.33%	+14.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.76%	16.90%	+19.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.98%	18.05%	+18.93%