CPNG vs. ^SP500TR

Last updated Jul 14, 2026

CPNG (Coupang, Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 5 years, CPNG returned -16.47%/yr vs 13.05%/yr for ^SP500TR. At a 0.39 correlation, their price movements are largely independent.

Performance

CPNG vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coupang, Inc. (CPNG) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPNG achieves a -24.04% return, which is significantly lower than ^SP500TR's 10.48% return.

CPNG

• 1D: -4.68%
• 1M: 6.54%
• 6M: -19.17%
• YTD: -24.04%
• 1Y: -40.43%
• 3Y*: 0.58%
• 5Y*: -16.47%
• 10Y*: —

^SP500TR

• 1D: -0.79%
• 1M: 1.22%
• 6M: 8.34%
• YTD: 10.48%
• 1Y: 21.50%
• 3Y*: 20.20%
• 5Y*: 13.05%
• 10Y*: 15.18%

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

CPNG vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CPNG Coupang, Inc.	-24.04%	7.32%	35.76%	10.06%	-49.93%	-53.73%
^SP500TR S&P 500 Total Return	10.48%	17.88%	25.02%	26.29%	-18.11%	23.63%

Correlation

The correlation between CPNG and ^SP500TR is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.39

Return for Risk

CPNG vs. ^SP500TR — Risk / Return Rank

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

CPNG

CPNG Risk / Return Rank: 12
CPNG Sharpe Ratio Rank: 8
CPNG Sortino Ratio Rank: 10
CPNG Omega Ratio Rank: 10
CPNG Calmar Ratio Rank: 16
CPNG Martin Ratio Rank: 16

^SP500TR

^SP500TR Risk / Return Rank: 83
^SP500TR Sharpe Ratio Rank: 80
^SP500TR Sortino Ratio Rank: 83
^SP500TR Omega Ratio Rank: 84
^SP500TR Calmar Ratio Rank: 78
^SP500TR Martin Ratio Rank: 87

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.

CPNG vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coupang, Inc. (CPNG) and S&P 500 Total Return (^SP500TR). 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.

	CPNG	^SP500TR	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	1.72	-2.61
Sortino ratio: Return per unit of downside risk	-1.22	2.37	-3.59
Omega ratio: Gain probability vs. loss probability	0.85	1.31	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.74	2.43	-3.17
Martin ratio: Return relative to average drawdown	-1.21	10.66	-11.88

CPNG vs. ^SP500TR - Sharpe Ratio Comparison

The current CPNG Sharpe Ratio is -0.88, which is lower than the ^SP500TR Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of CPNG and ^SP500TR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CPNG vs. ^SP500TR - Drawdown Comparison

The maximum CPNG drawdown since its inception was -85.28%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CPNG and ^SP500TR.

Drawdown Indicators

	CPNG	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-85.28%	-55.25%	-30.03%
Max Drawdown (1Y) Largest decline over 1 year	-54.91%	-8.89%	-46.02%
Max Drawdown (3Y) Largest decline over 3 years	-54.91%	-18.75%	-36.16%
Max Drawdown (5Y) Largest decline over 5 years	-77.87%	-24.49%	-53.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-71.78%	-1.11%	-70.67%
Average Drawdown Average peak-to-trough decline	-64.30%	-8.15%	-56.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.35%	2.02%	+31.33%

Volatility

CPNG vs. ^SP500TR - Volatility Comparison

Coupang, Inc. (CPNG) has a higher volatility of 19.40% compared to S&P 500 Total Return (^SP500TR) at 3.97%. This indicates that CPNG's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPNG	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.40%	3.97%	+15.43%
Volatility (6M) Calculated over the trailing 6-month period	40.26%	9.99%	+30.27%
Volatility (1Y) Calculated over the trailing 1-year period	45.93%	12.57%	+33.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.54%	17.01%	+35.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.70%	18.05%	+35.65%

Frequently Asked Questions

Can I hold both CPNG and ^SP500TR in my portfolio?

CPNG and ^SP500TR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CPNG or ^SP500TR?

CPNG has higher volatility (19.40%) compared to ^SP500TR (3.97%). In terms of maximum drawdown, CPNG dropped -85.28% vs ^SP500TR's -55.25%.

Which has better risk-adjusted returns?

^SP500TR currently has the higher Sharpe Ratio (1.72 vs -0.88), 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.