GSK.L vs. PEP
GSK.L (GlaxoSmithKline plc) and PEP (PepsiCo, Inc.) are both stocks. GSK.L operates in Drug Manufacturers - General (Healthcare), while PEP operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, GSK.L returned 6.03%/yr vs 7.17%/yr for PEP. At a 0.25 correlation, their price movements are largely independent.
Performance
GSK.L vs. PEP - Performance Comparison
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Different Trading Currencies
GSK.L is traded in GBp, while PEP is traded in USD. To make them comparable, the PEP values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GSK.L achieves a 10.61% return, which is significantly higher than PEP's 3.01% return. Over the past 10 years, GSK.L has underperformed PEP with an annualized return of 6.03%, while PEP has yielded a comparatively higher 7.17% annualized return.
GSK.L
- 1D
- 1.10%
- 1M
- 6.15%
- YTD
- 10.61%
- 6M
- 10.61%
- 1Y
- 32.87%
- 3Y*
- 17.81%
- 5Y*
- 6.60%
- 10Y*
- 6.03%
PEP
- 1D
- 0.46%
- 1M
- -1.47%
- YTD
- 3.01%
- 6M
- -2.60%
- 1Y
- 15.16%
- 3Y*
- -6.02%
- 5Y*
- 3.80%
- 10Y*
- 7.17%
GSK.L vs. PEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSK.L GlaxoSmithKline plc | 10.61% | 41.46% | -3.51% | 4.94% | -25.94% | 26.66% | -20.76% | 25.32% | 19.02% | -10.82% |
PEP PepsiCo, Inc. | 3.01% | -8.84% | -5.99% | -8.12% | 19.48% | 21.70% | 8.39% | 22.53% | 0.83% | 7.63% |
Correlation
The correlation between GSK.L and PEP is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.25 |
The correlation between GSK.L and PEP shifts across timeframes, from 0.23 (5 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GSK.L:
£80.83B
PEP:
$197.79B
GSK.L:
£1.42
PEP:
$6.37
GSK.L:
13.93
PEP:
22.64
GSK.L:
0.31
PEP:
7.83
GSK.L:
2.48
PEP:
2.07
GSK.L:
4.53
PEP:
9.25
GSK.L:
£32.78B
PEP:
$95.45B
GSK.L:
£23.84B
PEP:
$51.60B
GSK.L:
£11.56B
PEP:
$15.08B
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Return for Risk
GSK.L vs. PEP — Risk / Return Rank
GSK.L
PEP
GSK.L vs. PEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GlaxoSmithKline plc (GSK.L) and PepsiCo, Inc. (PEP). 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.
| GSK.L | PEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.14 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 0.97 | +0.81 |
| Martin ratioReturn relative to average drawdown | 4.57 | 2.56 | +2.01 |
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Drawdowns
GSK.L vs. PEP - Drawdown Comparison
The maximum GSK.L drawdown since its inception was -42.39%, which is greater than PEP's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for GSK.L and PEP.
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Drawdown Indicators
| GSK.L | PEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.39% | -36.24% | -6.15% |
Max Drawdown (1Y)Largest decline over 1 year | -18.35% | -15.72% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -27.42% | -33.01% | +5.59% |
Max Drawdown (5Y)Largest decline over 5 years | -42.39% | -36.24% | -6.15% |
Max Drawdown (10Y)Largest decline over 10 years | -42.39% | -36.24% | -6.15% |
Current DrawdownCurrent decline from peak | -11.02% | -23.62% | +12.60% |
Average DrawdownAverage peak-to-trough decline | -12.78% | -7.88% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.93% | 5.94% | +0.99% |
Volatility
GSK.L vs. PEP - Volatility Comparison
GlaxoSmithKline plc (GSK.L) and PepsiCo, Inc. (PEP) have volatilities of 6.10% and 5.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSK.L | PEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 5.93% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 18.09% | 15.68% | +2.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.04% | 22.19% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.68% | 18.96% | +4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 20.80% | +1.29% |
Dividends
GSK.L vs. PEP - Dividend Comparison
GSK.L's dividend yield for the trailing twelve months is around 3.38%, less than PEP's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSK.L GlaxoSmithKline plc | 3.38% | 3.51% | 4.53% | 3.84% | 5.30% | 4.93% | 5.90% | 4.45% | 5.31% | 5.99% | 4.88% | 5.77% |
PEP PepsiCo, Inc. | 3.98% | 3.92% | 3.51% | 2.91% | 2.50% | 2.45% | 2.71% | 2.77% | 3.25% | 2.64% | 2.83% | 2.76% |
Financials
GSK.L vs. PEP - Financials Comparison
This section allows you to compare key financial metrics between GlaxoSmithKline plc and PepsiCo, 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
GSK.L vs. PEP - Profitability Comparison
GSK.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported a gross profit of 5.75B and revenue of 7.63B. Therefore, the gross margin over that period was 75.4%.
PEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a gross profit of 10.73B and revenue of 19.44B. Therefore, the gross margin over that period was 55.2%.
GSK.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported an operating income of 2.29B and revenue of 7.63B, resulting in an operating margin of 30.1%.
PEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported an operating income of 3.21B and revenue of 19.44B, resulting in an operating margin of 16.5%.
GSK.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GlaxoSmithKline plc reported a net income of 1.74B and revenue of 7.63B, resulting in a net margin of 22.8%.
PEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a net income of 2.34B and revenue of 19.44B, resulting in a net margin of 12.0%.
Frequently Asked Questions
GSK.L and PEP have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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