GOOGL vs. KO
GOOGL (Alphabet Inc. Class A) and KO (The Coca-Cola Company) are both stocks. GOOGL operates in Internet Content & Information (Communication Services), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, GOOGL returned 26.26%/yr vs 9.48%/yr for KO. At a 0.27 correlation, their price movements are largely independent.
Performance
GOOGL vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, GOOGL achieves a 11.86% return, which is significantly lower than KO's 15.28% return. Over the past 10 years, GOOGL has outperformed KO with an annualized return of 26.26%, while KO has yielded a comparatively lower 9.48% annualized return.
GOOGL
- 1D
- -4.99%
- 1M
- -8.64%
- YTD
- 11.86%
- 6M
- 13.03%
- 1Y
- 110.44%
- 3Y*
- 42.34%
- 5Y*
- 23.63%
- 10Y*
- 26.26%
KO
- 1D
- 0.18%
- 1M
- -1.76%
- YTD
- 15.28%
- 6M
- 14.79%
- 1Y
- 18.80%
- 3Y*
- 12.38%
- 5Y*
- 11.25%
- 10Y*
- 9.48%
GOOGL vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 11.86% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
KO The Coca-Cola Company | 15.28% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between GOOGL and KO is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
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 Aug 19, 2004 | 0.27 |
The correlation between GOOGL and KO shifts across timeframes, from -0.11 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GOOGL:
$4.28T
KO:
$343.09B
GOOGL:
$13.11
KO:
$3.18
GOOGL:
26.67
KO:
25.04
GOOGL:
1.31
KO:
3.02
GOOGL:
10.11
KO:
6.96
GOOGL:
8.94
KO:
10.20
GOOGL:
$422.57B
KO:
$49.28B
GOOGL:
$255.12B
KO:
$30.43B
GOOGL:
$174.08B
KO:
$18.35B
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Return for Risk
GOOGL vs. KO — Risk / Return Rank
GOOGL
KO
GOOGL vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and The Coca-Cola Company (KO). 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.
| GOOGL | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.62 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.20 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 5.45 | 2.40 | +3.05 |
| Martin ratioReturn relative to average drawdown | 19.01 | 4.77 | +14.24 |
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Drawdowns
GOOGL vs. KO - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, roughly equal to the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for GOOGL and KO.
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Drawdown Indicators
| GOOGL | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.29% | -68.23% | +2.94% |
Max Drawdown (1Y)Largest decline over 1 year | -20.37% | -7.87% | -12.50% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -16.26% | -13.55% |
Max Drawdown (5Y)Largest decline over 5 years | -44.32% | -17.27% | -27.05% |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | -36.99% | -7.33% |
Current DrawdownCurrent decline from peak | -13.10% | -4.24% | -8.86% |
Average DrawdownAverage peak-to-trough decline | -13.01% | -16.08% | +3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 3.95% | +1.88% |
Volatility
GOOGL vs. KO - Volatility Comparison
Alphabet Inc. Class A (GOOGL) has a higher volatility of 9.49% compared to The Coca-Cola Company (KO) at 6.87%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOGL | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.49% | 6.87% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 21.37% | 12.72% | +8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.69% | 16.75% | +12.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.47% | 16.16% | +15.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.20% | 18.25% | +10.95% |
Dividends
GOOGL vs. KO - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.24%, less than KO's 2.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. Class A | 0.24% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KO The Coca-Cola Company | 2.62% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Financials
GOOGL vs. KO - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc. Class A and The Coca-Cola Company. 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
GOOGL vs. KO - Profitability Comparison
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a gross profit of 7.85B and revenue of 12.47B. Therefore, the gross margin over that period was 63.0%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported an operating income of 4.36B and revenue of 12.47B, resulting in an operating margin of 35.0%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Coca-Cola Company reported a net income of 3.92B and revenue of 12.47B, resulting in a net margin of 31.5%.
Frequently Asked Questions
GOOGL and KO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOGL has higher volatility (9.49%) compared to KO (6.87%). In terms of maximum drawdown, GOOGL dropped -65.29% vs KO's -68.23%.
GOOGL currently has the higher Sharpe Ratio (3.75 vs 1.13), 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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