HSBA.L vs. CCH.L
HSBA.L (HSBC Holdings plc) and CCH.L (Coca Cola HBC AG) are both stocks. HSBA.L operates in Banks - Diversified (Financial Services), while CCH.L operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, HSBA.L returned 18.05%/yr vs 15.43%/yr for CCH.L. At a 0.27 correlation, their price movements are largely independent.
Performance
HSBA.L vs. CCH.L - Performance Comparison
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Returns By Period
In the year-to-date period, HSBA.L achieves a 20.63% return, which is significantly higher than CCH.L's 15.72% return. Over the past 10 years, HSBA.L has outperformed CCH.L with an annualized return of 18.05%, while CCH.L has yielded a comparatively lower 15.43% annualized return.
HSBA.L
- 1D
- 0.76%
- 1M
- 4.48%
- YTD
- 20.63%
- 6M
- 33.00%
- 1Y
- 62.97%
- 3Y*
- 40.74%
- 5Y*
- 33.67%
- 10Y*
- 18.05%
CCH.L
- 1D
- 1.02%
- 1M
- 4.62%
- YTD
- 15.72%
- 6M
- 21.68%
- 1Y
- 14.12%
- 3Y*
- 26.11%
- 5Y*
- 14.25%
- 10Y*
- 15.43%
HSBA.L vs. CCH.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSBA.L HSBC Holdings plc | 20.63% | 57.77% | 36.43% | 32.14% | 19.91% | 22.90% | -35.99% | -2.41% | -11.05% | 23.54% |
CCH.L Coca Cola HBC AG | 15.72% | 43.91% | 22.14% | 20.08% | -19.68% | 10.15% | -4.69% | 11.09% | 3.27% | 39.03% |
Correlation
The correlation between HSBA.L and CCH.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2013 | 0.27 |
Fundamentals
HSBA.L:
£237.12B
CCH.L:
£15.80B
HSBA.L:
£1.27
CCH.L:
£4.84
HSBA.L:
10.80
CCH.L:
8.96
HSBA.L:
0.52
CCH.L:
0.50
HSBA.L:
1.91
CCH.L:
0.71
HSBA.L:
1.36
CCH.L:
4.10
HSBA.L:
£125.68B
CCH.L:
£22.35B
HSBA.L:
£61.95B
CCH.L:
£8.14B
HSBA.L:
£31.98B
CCH.L:
£3.00B
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Return for Risk
HSBA.L vs. CCH.L — Risk / Return Rank
HSBA.L
CCH.L
HSBA.L vs. CCH.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBA.L) and Coca Cola HBC AG (CCH.L). 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.
| HSBA.L | CCH.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.13 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 0.78 | +3.15 |
| Martin ratioReturn relative to average drawdown | 14.65 | 1.62 | +13.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HSBA.L | CCH.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 0.62 | +1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.37 | 0.60 | +0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.59 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.39 | -0.17 |
Drawdowns
HSBA.L vs. CCH.L - Drawdown Comparison
The maximum HSBA.L drawdown since its inception was -66.05%, which is greater than CCH.L's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for HSBA.L and CCH.L.
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Drawdown Indicators
| HSBA.L | CCH.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.05% | -48.45% | -17.60% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -18.05% | +2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -21.98% | -18.05% | -3.93% |
Max Drawdown (5Y)Largest decline over 5 years | -21.98% | -47.54% | +25.56% |
Max Drawdown (10Y)Largest decline over 10 years | -59.96% | -48.45% | -11.51% |
Current DrawdownCurrent decline from peak | -2.74% | -8.33% | +5.59% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -14.56% | -4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 8.69% | -4.42% |
Volatility
HSBA.L vs. CCH.L - Volatility Comparison
HSBC Holdings plc (HSBA.L) has a higher volatility of 5.97% compared to Coca Cola HBC AG (CCH.L) at 5.39%. This indicates that HSBA.L's price experiences larger fluctuations and is considered to be riskier than CCH.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSBA.L | CCH.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 5.39% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 20.94% | 16.58% | +4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.25% | 22.68% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.59% | 23.86% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.77% | 26.20% | -1.43% |
Dividends
HSBA.L vs. CCH.L - Dividend Comparison
HSBA.L's dividend yield for the trailing twelve months is around 4.06%, more than CCH.L's 2.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 2.39% | 2.33% | 2.96% | 2.94% | 3.60% | 2.50% | 2.35% | 6.99% | 1.95% | 1.60% | 1.88% | 1.76% |
HSBA.L HSBC Holdings plc | 4.06% | 4.28% | 8.28% | 6.80% | 4.11% | 3.54% | 0.00% | 6.79% | 5.83% | 5.18% | 0.00% | 0.00% |
Financials
HSBA.L vs. CCH.L - Financials Comparison
This section allows you to compare key financial metrics between HSBC Holdings plc and Coca Cola HBC AG. 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
HSBA.L vs. CCH.L - Profitability Comparison
HSBA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 15.89B and revenue of 31.56B. Therefore, the gross margin over that period was 50.4%.
CCH.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a gross profit of 2.20B and revenue of 5.98B. Therefore, the gross margin over that period was 36.8%.
HSBA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.18B and revenue of 31.56B, resulting in an operating margin of 29.1%.
CCH.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported an operating income of 654.01M and revenue of 5.98B, resulting in an operating margin of 10.9%.
HSBA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.19B and revenue of 31.56B, resulting in a net margin of 22.8%.
CCH.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a net income of 469.16M and revenue of 5.98B, resulting in a net margin of 7.9%.
Frequently Asked Questions
HSBA.L and CCH.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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