COKE vs. BTC-USD
COKE (Coca-Cola Consolidated, Inc.) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, COKE returned 30.52%/yr vs 56.82%/yr for BTC-USD. At a 0.04 correlation, their price movements are largely independent.
Performance
COKE vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, COKE achieves a 26.82% return, which is significantly higher than BTC-USD's -31.78% return. Over the past 10 years, COKE has underperformed BTC-USD with an annualized return of 30.52%, while BTC-USD has yielded a comparatively higher 56.82% annualized return.
COKE
- 1D
- 1.53%
- 1M
- 12.61%
- YTD
- 26.82%
- 6M
- 26.82%
- 1Y
- 68.86%
- 3Y*
- 46.66%
- 5Y*
- 38.83%
- 10Y*
- 30.52%
BTC-USD
- 1D
- 2.00%
- 1M
- -16.29%
- YTD
- -31.78%
- 6M
- -31.78%
- 1Y
- -43.53%
- 3Y*
- 24.93%
- 5Y*
- 12.04%
- 10Y*
- 56.82%
COKE vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 26.82% | 22.63% | 38.75% | 82.92% | -17.09% | 133.24% | -5.87% | 60.74% | -17.10% | 20.94% |
BTC-USD Bitcoin | -31.78% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between COKE and BTC-USD is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2012 | 0.04 |
The correlation between COKE and BTC-USD shifts across timeframes, from -0.04 (1 year) to 0.09 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
COKE vs. BTC-USD — Risk / Return Rank
COKE
BTC-USD
COKE vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola Consolidated, Inc. (COKE) and Bitcoin (BTC-USD). 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.
| COKE | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.98 | ||
| Sortino ratioReturn per unit of downside risk | +3.83 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.85 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | -0.82 | +3.64 |
| Martin ratioReturn relative to average drawdown | 7.71 | -1.39 | +9.10 |
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Drawdowns
COKE vs. BTC-USD - Drawdown Comparison
The maximum COKE drawdown since its inception was -54.32%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for COKE and BTC-USD.
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Drawdown Indicators
| COKE | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -85.30% | +30.98% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -53.08% | +28.52% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -53.08% | +25.70% |
Max Drawdown (5Y)Largest decline over 5 years | -35.52% | -76.67% | +41.15% |
Max Drawdown (10Y)Largest decline over 10 years | -51.71% | -83.80% | +32.09% |
Current DrawdownCurrent decline from peak | -10.52% | -52.14% | +41.62% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -42.47% | +23.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 32.43% | -23.48% |
Volatility
COKE vs. BTC-USD - Volatility Comparison
The current volatility for Coca-Cola Consolidated, Inc. (COKE) is 11.57%, while Bitcoin (BTC-USD) has a volatility of 12.69%. This indicates that COKE experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COKE | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.57% | 12.69% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 30.21% | 34.87% | -4.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.30% | 35.71% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.59% | 44.01% | -6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.17% | 56.37% | -19.20% |
Frequently Asked Questions
COKE and BTC-USD have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.69%) compared to COKE (11.57%). In terms of maximum drawdown, COKE dropped -54.32% vs BTC-USD's -85.30%.
COKE currently has the higher Sharpe Ratio (1.97 vs -1.01), 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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