COP vs. KRT
COP (ConocoPhillips Company) and KRT (Karat Packaging Inc.) are both stocks. COP operates in Oil & Gas E&P (Energy), while KRT operates in Packaging & Containers (Consumer Cyclical). Over the past 5 years, COP returned 18.49%/yr vs 13.78%/yr for KRT. At a 0.11 correlation, their price movements are largely independent.
Performance
COP vs. KRT - Performance Comparison
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Returns By Period
In the year-to-date period, COP achieves a 26.87% return, which is significantly lower than KRT's 37.80% return.
COP
- 1D
- 1.40%
- 1M
- -4.44%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 24.65%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
KRT
- 1D
- 0.77%
- 1M
- 16.45%
- YTD
- 37.80%
- 6M
- 35.05%
- 1Y
- 22.32%
- 3Y*
- 27.62%
- 5Y*
- 13.78%
- 10Y*
- —
COP vs. KRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 26.87% | -2.34% | -12.02% | 1.98% | 71.69% | 40.34% |
KRT Karat Packaging Inc. | 37.80% | -20.12% | 28.81% | 86.11% | -27.07% | 8.66% |
Correlation
The correlation between COP and KRT is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.11 |
The correlation between COP and KRT shifts across timeframes, from -0.03 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
Fundamentals
COP:
$143.30B
KRT:
$603.41M
COP:
$5.90
KRT:
$1.58
COP:
19.83
KRT:
19.04
COP:
1.15
KRT:
1.95
COP:
2.49
KRT:
1.26
COP:
2.22
KRT:
3.89
COP:
$58.31B
KRT:
$481.07M
COP:
$17.02B
KRT:
$172.90M
COP:
$22.44B
KRT:
$56.33M
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Return for Risk
COP vs. KRT — Risk / Return Rank
COP
KRT
COP vs. KRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) and Karat Packaging Inc. (KRT). 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.
| COP | KRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 0.80 | +1.07 |
| Martin ratioReturn relative to average drawdown | 4.08 | 1.66 | +2.42 |
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Drawdowns
COP vs. KRT - Drawdown Comparison
The maximum COP drawdown since its inception was -84.55%, which is greater than KRT's maximum drawdown of -48.46%. Use the drawdown chart below to compare losses from any high point for COP and KRT.
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Drawdown Indicators
| COP | KRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.55% | -48.46% | -36.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -26.80% | +11.90% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -34.03% | -2.16% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -48.46% | +12.27% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | — | — |
Current DrawdownCurrent decline from peak | -11.92% | -0.45% | -11.47% |
Average DrawdownAverage peak-to-trough decline | -25.49% | -18.50% | -6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.80% | 12.84% | -6.04% |
Volatility
COP vs. KRT - Volatility Comparison
The current volatility for ConocoPhillips Company (COP) is 8.72%, while Karat Packaging Inc. (KRT) has a volatility of 9.84%. This indicates that COP experiences smaller price fluctuations and is considered to be less risky than KRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COP | KRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 9.84% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 23.05% | 28.08% | -5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.33% | 36.86% | -7.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 45.39% | -12.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.64% | 45.43% | -7.79% |
Dividends
COP vs. KRT - Dividend Comparison
COP's dividend yield for the trailing twelve months is around 2.82%, less than KRT's 5.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.82% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
KRT Karat Packaging Inc. | 5.99% | 7.98% | 5.12% | 6.24% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
COP vs. KRT - Financials Comparison
This section allows you to compare key financial metrics between ConocoPhillips Company and Karat Packaging 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
COP vs. KRT - Profitability Comparison
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
KRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported a gross profit of 41.53M and revenue of 116.95M. Therefore, the gross margin over that period was 35.5%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
KRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported an operating income of 8.46M and revenue of 116.95M, resulting in an operating margin of 7.2%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
KRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported a net income of 6.74M and revenue of 116.95M, resulting in a net margin of 5.8%.
Frequently Asked Questions
COP and KRT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRT has higher volatility (9.84%) compared to COP (8.72%). In terms of maximum drawdown, COP dropped -84.55% vs KRT's -48.46%.
COP currently has the higher Sharpe Ratio (0.95 vs 0.58), 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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