COKE vs. AVAV
COKE (Coca-Cola Consolidated, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. COKE operates in Beverages - Non-Alcoholic (Consumer Defensive), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, COKE returned 31.72%/yr vs 19.16%/yr for AVAV. At a 0.21 correlation, their price movements are largely independent.
Performance
COKE vs. AVAV - Performance Comparison
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Returns By Period
In the year-to-date period, COKE achieves a 16.99% return, which is significantly higher than AVAV's -23.65% return. Over the past 10 years, COKE has outperformed AVAV with an annualized return of 31.72%, while AVAV has yielded a comparatively lower 19.16% annualized return.
COKE
- 1D
- -0.61%
- 1M
- 2.58%
- YTD
- 16.99%
- 6M
- 9.02%
- 1Y
- 65.74%
- 3Y*
- 40.58%
- 5Y*
- 33.34%
- 10Y*
- 31.72%
AVAV
- 1D
- -0.67%
- 1M
- 9.74%
- YTD
- -23.65%
- 6M
- -34.62%
- 1Y
- -3.25%
- 3Y*
- 23.54%
- 5Y*
- 10.87%
- 10Y*
- 19.16%
COKE vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 16.99% | 22.63% | 38.75% | 82.92% | -17.09% | 133.24% | -5.87% | 60.74% | -17.10% | 20.94% |
AVAV AeroVironment, Inc. | -23.65% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between COKE and AVAV is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2007 | 0.21 |
The correlation between COKE and AVAV shifts across timeframes, from -0.19 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
COKE:
$11.91B
AVAV:
$9.01B
COKE:
$7.14
AVAV:
-$4.63
COKE:
1.93
AVAV:
7.51
COKE:
$7.49B
AVAV:
$1.19B
COKE:
$2.95B
AVAV:
$104.63M
COKE:
$1.10B
AVAV:
-$242.06M
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Return for Risk
COKE vs. AVAV — Risk / Return Rank
COKE
AVAV
COKE vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola Consolidated, Inc. (COKE) and AeroVironment, Inc. (AVAV). 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 | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.06 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | -0.05 | +2.74 |
| Martin ratioReturn relative to average drawdown | 8.04 | -0.10 | +8.13 |
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
| COKE | AVAV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | -0.04 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.20 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.37 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.23 | +0.22 |
Drawdowns
COKE vs. AVAV - Drawdown Comparison
The maximum COKE drawdown since its inception was -54.32%, smaller than the maximum AVAV drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for COKE and AVAV.
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Drawdown Indicators
| COKE | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -61.45% | +7.13% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -61.45% | +36.89% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -61.45% | +34.07% |
Max Drawdown (5Y)Largest decline over 5 years | -35.52% | -61.45% | +25.93% |
Max Drawdown (10Y)Largest decline over 10 years | -51.71% | -61.45% | +9.74% |
Current DrawdownCurrent decline from peak | -17.46% | -54.94% | +37.48% |
Average DrawdownAverage peak-to-trough decline | -18.88% | -28.56% | +9.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 33.68% | -25.48% |
Volatility
COKE vs. AVAV - Volatility Comparison
The current volatility for Coca-Cola Consolidated, Inc. (COKE) is 10.58%, while AeroVironment, Inc. (AVAV) has a volatility of 24.99%. This indicates that COKE experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COKE | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 24.99% | -14.41% |
Volatility (6M)Calculated over the trailing 6-month period | 29.55% | 58.60% | -29.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 73.83% | -39.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.49% | 55.85% | -18.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.17% | 51.96% | -14.79% |
Dividends
COKE vs. AVAV - Dividend Comparison
COKE's dividend yield for the trailing twelve months is around 0.56%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, 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% |
COKE Coca-Cola Consolidated, Inc. | 0.56% | 0.65% | 1.59% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% |
Financials
COKE vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Coca-Cola Consolidated, Inc. and AeroVironment, 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
Frequently Asked Questions
COKE and AVAV have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (24.99%) compared to COKE (10.58%). In terms of maximum drawdown, COKE dropped -54.32% vs AVAV's -61.45%.
COKE currently has the higher Sharpe Ratio (1.91 vs -0.04), 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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