CPNG vs. ^SP500TR

Last updated Jun 3, 2026

CPNG (Coupang, Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 5 years, CPNG returned -15.80%/yr vs 14.29%/yr for ^SP500TR. At a 0.40 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 -29.08% return, which is significantly lower than ^SP500TR's 11.72% return.

CPNG

• 1D: 0.66%
• 1M: -18.75%
• YTD: -29.08%
• 6M: -37.36%
• 1Y: -40.97%
• 3Y*: 0.40%
• 5Y*: -15.80%
• 10Y*: —

^SP500TR

• 1D: 0.13%
• 1M: 5.38%
• YTD: 11.72%
• 6M: 12.09%
• 1Y: 29.76%
• 3Y*: 22.77%
• 5Y*: 14.29%
• 10Y*: 15.68%

*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.	-29.08%	7.32%	35.76%	10.06%	-49.93%	-40.35%
^SP500TR S&P 500 Total Return	11.72%	17.88%	25.02%	26.29%	-18.11%	22.35%

Correlation

The correlation between CPNG and ^SP500TR is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Mar 12, 2021	0.40

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: 7
CPNG Sharpe Ratio Rank: 4
CPNG Sortino Ratio Rank: 6
CPNG Omega Ratio Rank: 6
CPNG Calmar Ratio Rank: 12
CPNG Martin Ratio Rank: 8

^SP500TR

^SP500TR Risk / Return Rank: 84
^SP500TR Sharpe Ratio Rank: 82
^SP500TR Sortino Ratio Rank: 84
^SP500TR Omega Ratio Rank: 83
^SP500TR Calmar Ratio Rank: 81
^SP500TR Martin Ratio Rank: 90

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.

	CPNG	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	-1.02	2.52	-3.54
Sortino ratio Return per unit of downside risk	-1.43	3.43	-4.86
Omega ratio Gain probability vs. loss probability	0.81	1.46	-0.65
Calmar ratio Return relative to maximum drawdown	-0.74	3.41	-4.15
Martin ratio Return relative to average drawdown	-1.37	15.97	-17.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPNG vs. ^SP500TR - Sharpe Ratio Comparison

The current CPNG Sharpe Ratio is -1.02, which is lower than the ^SP500TR Sharpe Ratio of 2.52. 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.

Sharpe Ratios by Period

	CPNG	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.02	2.52	-3.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	0.85	-1.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.36	0.65	-1.00

Drawdowns

CPNG vs. ^SP500TR - Drawdown Comparison

The maximum CPNG drawdown since its inception was -81.47%, 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	-81.47%	-55.25%	-26.22%
Max Drawdown (1Y) Largest decline over 1 year	-54.49%	-8.89%	-45.60%
Max Drawdown (3Y) Largest decline over 3 years	-54.49%	-18.75%	-35.74%
Max Drawdown (5Y) Largest decline over 5 years	-79.01%	-24.49%	-54.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-66.84%	0.00%	-66.84%
Average Drawdown Average peak-to-trough decline	-54.89%	-8.17%	-46.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.42%	1.90%	+27.52%

Volatility

CPNG vs. ^SP500TR - Volatility Comparison

Coupang, Inc. (CPNG) has a higher volatility of 19.69% compared to S&P 500 Total Return (^SP500TR) at 2.83%. 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	19.69%	2.83%	+16.86%
Volatility (6M) Calculated over the trailing 6-month period	36.01%	8.98%	+27.03%
Volatility (1Y) Calculated over the trailing 1-year period	40.29%	11.86%	+28.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.93%	16.90%	+35.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.43%	18.07%	+34.36%

Frequently Asked Questions

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

CPNG and ^SP500TR have a correlation of 0.41, 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 (19.69%) compared to ^SP500TR (2.83%). In terms of maximum drawdown, CPNG dropped -81.47% vs ^SP500TR's -55.25%.

Which has better risk-adjusted returns?

^SP500TR currently has the higher Sharpe Ratio (2.52 vs -1.02), 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.