COR vs. BKNG

Last updated Jun 9, 2026

COR (Cencora Inc.) and BKNG (Booking Holdings Inc.) are both stocks. COR operates in Medical Distribution (Healthcare), while BKNG operates in Travel Services (Consumer Cyclical). Over the past 10 years, COR returned 17.00%/yr vs 12.13%/yr for BKNG. At a 0.20 correlation, their price movements are largely independent.

Performance

COR vs. BKNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cencora Inc. (COR) and Booking Holdings Inc. (BKNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COR achieves a -18.53% return, which is significantly higher than BKNG's -23.87% return. Over the past 10 years, COR has outperformed BKNG with an annualized return of 17.00%, while BKNG has yielded a comparatively lower 12.13% annualized return.

COR

• 1D: -0.35%
• 1M: 5.22%
• YTD: -18.53%
• 6M: -18.54%
• 1Y: -4.43%
• 3Y*: 16.42%
• 5Y*: 20.49%
• 10Y*: 17.00%

BKNG

• 1D: -2.13%
• 1M: -1.94%
• YTD: -23.87%
• 6M: -21.25%
• 1Y: -27.12%
• 3Y*: 16.72%
• 5Y*: 12.36%
• 10Y*: 12.13%

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

COR vs. BKNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COR Cencora Inc.	-18.53%	51.48%	10.37%	25.33%	26.26%	44.09%	23.37%	23.51%	-17.57%	19.51%
BKNG Booking Holdings Inc.	-23.87%	8.59%	41.31%	76.02%	-16.00%	7.72%	8.45%	19.24%	-0.88%	18.53%

Correlation

The correlation between COR and BKNG is 0.01, 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	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Apr 1, 1999	0.20

The correlation between COR and BKNG shifts across timeframes, from 0.01 (3 years) to 0.20 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap COR : $53.55B BKNG : $128.87B
EPS COR : $13.07 BKNG : $7.60
PE Ratio COR : 20.97 BKNG : 21.36
PEG Ratio COR : 9.96 BKNG : 0.32
PS Ratio COR : 0.16 BKNG : 4.75
Total Revenue (TTM) COR : $328.68B BKNG : $27.69B
Gross Profit (TTM) COR : $11.66B BKNG : $22.16B
EBITDA (TTM) COR : $3.64B BKNG : $9.27B

Return for Risk

COR vs. BKNG — Risk / Return Rank

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

COR

COR Risk / Return Rank: 34
COR Sharpe Ratio Rank: 36
COR Sortino Ratio Rank: 31
COR Omega Ratio Rank: 31
COR Calmar Ratio Rank: 38
COR Martin Ratio Rank: 35

BKNG

BKNG Risk / Return Rank: 9
BKNG Sharpe Ratio Rank: 8
BKNG Sortino Ratio Rank: 10
BKNG Omega Ratio Rank: 11
BKNG Calmar Ratio Rank: 10
BKNG Martin Ratio Rank: 4

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.

COR vs. BKNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) and Booking Holdings Inc. (BKNG). 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.

	COR	BKNG	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	-0.86	+0.71
Sortino ratio: Return per unit of downside risk	0.01	-1.12	+1.13
Omega ratio: Gain probability vs. loss probability	1.00	0.87	+0.14
Calmar ratio: Return relative to maximum drawdown	-0.14	-0.82	+0.68
Martin ratio: Return relative to average drawdown	-0.39	-1.58	+1.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COR vs. BKNG - Sharpe Ratio Comparison

The current COR Sharpe Ratio is -0.15, which is higher than the BKNG Sharpe Ratio of -0.86. The chart below compares the historical Sharpe Ratios of COR and BKNG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COR	BKNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	-0.86	+0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.39	+0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.38	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.14	+0.41

Drawdowns

COR vs. BKNG - Drawdown Comparison

The maximum COR drawdown since its inception was -71.01%, smaller than the maximum BKNG drawdown of -99.32%. Use the drawdown chart below to compare losses from any high point for COR and BKNG.

Drawdown Indicators

	COR	BKNG	Difference
Max Drawdown Largest peak-to-trough decline	-71.01%	-99.32%	+28.31%
Max Drawdown (1Y) Largest decline over 1 year	-32.44%	-33.35%	+0.91%
Max Drawdown (3Y) Largest decline over 3 years	-32.44%	-33.35%	+0.91%
Max Drawdown (5Y) Largest decline over 5 years	-32.44%	-39.53%	+7.09%
Max Drawdown (10Y) Largest decline over 10 years	-32.44%	-47.77%	+15.33%
Current Drawdown Current decline from peak	-26.57%	-29.64%	+3.07%
Average Drawdown Average peak-to-trough decline	-13.62%	-47.07%	+33.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.26%	17.16%	-5.90%

Volatility

COR vs. BKNG - Volatility Comparison

The current volatility for Cencora Inc. (COR) is 7.05%, while Booking Holdings Inc. (BKNG) has a volatility of 9.32%. This indicates that COR experiences smaller price fluctuations and is considered to be less risky than BKNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COR	BKNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	9.32%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	26.87%	26.96%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	30.25%	31.89%	-1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.34%	32.24%	-9.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.49%	32.46%	-4.97%

Dividends

COR vs. BKNG - Dividend Comparison

COR's dividend yield for the trailing twelve months is around 0.86%, less than BKNG's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKNG Booking Holdings Inc.	0.99%	0.72%	0.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
COR Cencora Inc.	0.86%	0.67%	0.93%	0.96%	1.13%	5.13%	6.74%	7.48%	2.07%	1.61%	1.77%	1.17%

Financials

COR vs. BKNG - Profitability Comparison

The chart below illustrates the profitability comparison between Cencora Inc. and Booking Holdings Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

COR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.

BKNG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a gross profit of 0.00 and revenue of 5.53B. Therefore, the gross margin over that period was 0.0%.

COR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.

BKNG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported an operating income of 1.27B and revenue of 5.53B, resulting in an operating margin of 23.0%.

COR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.

BKNG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a net income of 1.08B and revenue of 5.53B, resulting in a net margin of 19.6%.

Frequently Asked Questions

Can I hold both COR and BKNG in my portfolio?

COR and BKNG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COR or BKNG?

BKNG has higher volatility (9.32%) compared to COR (7.05%). In terms of maximum drawdown, COR dropped -71.01% vs BKNG's -99.32%.

Which has better risk-adjusted returns?

COR currently has the higher Sharpe Ratio (-0.15 vs -0.85), 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.