IBM vs. K
IBM (International Business Machines Corporation) and K (Kellogg Company) are both stocks. IBM operates in Information Technology Services (Technology), while K operates in Packaged Foods (Consumer Defensive). At a 0.25 correlation, their price movements are largely independent.
Performance
IBM vs. K - Performance Comparison
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Returns By Period
IBM
- 1D
- -5.61%
- 1M
- 23.97%
- YTD
- -2.58%
- 6M
- -6.29%
- 1Y
- 8.65%
- 3Y*
- 33.23%
- 5Y*
- 19.70%
- 10Y*
- 11.43%
K
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBM vs. K - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | -2.58% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
K Kellogg Company | 0.00% | 5.99% | 49.75% | -7.44% | 14.35% | 7.44% | -6.78% | 26.08% | -13.32% | -4.93% |
Correlation
The correlation between IBM and K is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 1984 | 0.25 |
Over the past year, the correlation between IBM and K has dropped to 0.04 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
IBM:
$271.20B
K:
$29.20B
IBM:
$11.32
K:
$3.65
IBM:
25.16
K:
22.87
IBM:
0.30
K:
3.84
IBM:
3.93
K:
2.30
IBM:
8.22
K:
6.95
IBM:
$68.91B
K:
$12.67B
IBM:
$40.64B
K:
$4.41B
IBM:
$15.71B
K:
$2.25B
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Return for Risk
IBM vs. K — Risk / Return Rank
IBM
K
IBM vs. K - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) and Kellogg Company (K). 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.
| IBM | K | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.09 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | — | — |
| Martin ratioReturn relative to average drawdown | 0.67 | — | — |
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
| IBM | K | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | — | — |
Drawdowns
IBM vs. K - Drawdown Comparison
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Drawdown Indicators
| IBM | K | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | — | — |
Current DrawdownCurrent decline from peak | -13.48% | — | — |
Average DrawdownAverage peak-to-trough decline | -20.12% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.20% | — | — |
Volatility
IBM vs. K - Volatility Comparison
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Volatility by Period
| IBM | K | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.74% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 34.56% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.43% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.14% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | — | — |
Dividends
IBM vs. K - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.36%, more than K's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 2.36% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
K Kellogg Company | 1.39% | 2.76% | 2.79% | 10.56% | 3.28% | 3.59% | 3.66% | 3.27% | 3.86% | 3.12% | 2.77% | 2.74% |
Financials
IBM vs. K - Financials Comparison
This section allows you to compare key financial metrics between International Business Machines Corporation and Kellogg 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
IBM vs. K - Profitability Comparison
IBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a gross profit of 8.95B and revenue of 15.92B. Therefore, the gross margin over that period was 56.2%.
K - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported a gross profit of 1.08B and revenue of 3.26B. Therefore, the gross margin over that period was 33.3%.
IBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported an operating income of 1.22B and revenue of 15.92B, resulting in an operating margin of 7.6%.
K - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported an operating income of 452.00M and revenue of 3.26B, resulting in an operating margin of 13.9%.
IBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a net income of 1.22B and revenue of 15.92B, resulting in a net margin of 7.6%.
K - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported a net income of 309.00M and revenue of 3.26B, resulting in a net margin of 9.5%.
Frequently Asked Questions
IBM and K have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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