ISMAY vs. KO

Last updated Jun 4, 2026

ISMAY (Indra Sistemas SA) and KO (The Coca-Cola Company) are both stocks. ISMAY operates in Information Technology Services (Technology), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, ISMAY returned 19.25%/yr vs 9.11%/yr for KO. At a 0.11 correlation, their price movements are largely independent.

Performance

ISMAY vs. KO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Indra Sistemas SA (ISMAY) and The Coca-Cola Company (KO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISMAY achieves a 7.10% return, which is significantly lower than KO's 13.43% return. Over the past 10 years, ISMAY has outperformed KO with an annualized return of 19.25%, while KO has yielded a comparatively lower 9.11% annualized return.

ISMAY

• 1D: -1.81%
• 1M: 5.04%
• YTD: 7.10%
• 6M: 10.11%
• 1Y: 45.18%
• 3Y*: 78.39%
• 5Y*: 50.02%
• 10Y*: 19.25%

KO

• 1D: 0.45%
• 1M: 0.73%
• YTD: 13.43%
• 6M: 11.99%
• 1Y: 13.89%
• 3Y*: 12.09%
• 5Y*: 10.20%
• 10Y*: 9.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ISMAY vs. KO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISMAY Indra Sistemas SA	7.10%	237.22%	12.29%	41.74%	6.62%	24.86%	-22.87%	17.99%	-31.73%	25.27%
KO The Coca-Cola Company	13.43%	15.60%	8.88%	-4.43%	10.61%	11.37%	2.47%	20.60%	6.77%	14.38%

Correlation

The correlation between ISMAY and KO is -0.13, 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	-0.13
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jan 24, 2011	0.11

The correlation between ISMAY and KO shifts across timeframes, from -0.13 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ISMAY : $5.38B KO : $339.77B
EPS ISMAY : $2.95 KO : $3.18
PE Ratio ISMAY : 10.39 KO : 24.80
PEG Ratio ISMAY : 0.82 KO : 2.99
PS Ratio ISMAY : 0.84 KO : 6.89
PB Ratio ISMAY : 2.92 KO : 10.10
Total Revenue (TTM) ISMAY : $5.63B KO : $49.28B
Gross Profit (TTM) ISMAY : $764.42M KO : $30.43B
EBITDA (TTM) ISMAY : $796.40M KO : $18.35B

Return for Risk

ISMAY vs. KO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ISMAY

ISMAY Risk / Return Rank: 67
ISMAY Sharpe Ratio Rank: 68
ISMAY Sortino Ratio Rank: 65
ISMAY Omega Ratio Rank: 63
ISMAY Calmar Ratio Rank: 67
ISMAY Martin Ratio Rank: 70

KO

KO Risk / Return Rank: 66
KO Sharpe Ratio Rank: 68
KO Sortino Ratio Rank: 63
KO Omega Ratio Rank: 58
KO Calmar Ratio Rank: 71
KO Martin Ratio Rank: 68

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.

ISMAY vs. KO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Indra Sistemas SA (ISMAY) 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.

	ISMAY	KO	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.88	-0.01
Sortino ratio Return per unit of downside risk	1.51	1.45	+0.06
Omega ratio Gain probability vs. loss probability	1.18	1.16	+0.03
Calmar ratio Return relative to maximum drawdown	1.39	1.77	-0.38
Martin ratio Return relative to average drawdown	3.65	3.48	+0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISMAY vs. KO - Sharpe Ratio Comparison

The current ISMAY Sharpe Ratio is 0.87, which is comparable to the KO Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of ISMAY and KO, 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

	ISMAY	KO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.88	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	0.64	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.50	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.53	-0.31

Drawdowns

ISMAY vs. KO - Drawdown Comparison

The maximum ISMAY drawdown since its inception was -72.02%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for ISMAY and KO.

Drawdown Indicators

	ISMAY	KO	Difference
Max Drawdown Largest peak-to-trough decline	-72.02%	-68.23%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-32.72%	-7.89%	-24.83%
Max Drawdown (3Y) Largest decline over 3 years	-32.72%	-16.26%	-16.46%
Max Drawdown (5Y) Largest decline over 5 years	-42.93%	-17.27%	-25.66%
Max Drawdown (10Y) Largest decline over 10 years	-63.96%	-36.99%	-26.97%
Current Drawdown Current decline from peak	-20.08%	-3.86%	-16.22%
Average Drawdown Average peak-to-trough decline	-38.03%	-16.09%	-21.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.44%	4.00%	+8.44%

Volatility

ISMAY vs. KO - Volatility Comparison

Indra Sistemas SA (ISMAY) has a higher volatility of 14.38% compared to The Coca-Cola Company (KO) at 4.16%. This indicates that ISMAY'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.

Volatility by Period

	ISMAY	KO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.38%	4.16%	+10.22%
Volatility (6M) Calculated over the trailing 6-month period	42.99%	11.79%	+31.20%
Volatility (1Y) Calculated over the trailing 1-year period	52.73%	15.86%	+36.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.64%	16.00%	+30.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.78%	18.16%	+24.62%

Dividends

ISMAY vs. KO - Dividend Comparison

ISMAY's dividend yield for the trailing twelve months is around 0.47%, less than KO's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISMAY Indra Sistemas SA	0.47%	0.51%	1.59%	1.77%	1.43%	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

ISMAY vs. KO - Profitability Comparison

The chart below illustrates the profitability comparison between Indra Sistemas SA and The Coca-Cola Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ISMAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported a gross profit of 60.38M and revenue of 1.36B. Therefore, the gross margin over that period was 4.5%.

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%.

ISMAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported an operating income of 121.97M and revenue of 1.36B, resulting in an operating margin of 9.0%.

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%.

ISMAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Indra Sistemas SA reported a net income of 77.35M and revenue of 1.36B, resulting in a net margin of 5.7%.

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

Can I hold both ISMAY and KO in my portfolio?

ISMAY and KO have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISMAY or KO?

ISMAY has higher volatility (14.38%) compared to KO (4.16%). In terms of maximum drawdown, ISMAY dropped -72.02% vs KO's -68.23%.

Which has better risk-adjusted returns?

KO currently has the higher Sharpe Ratio (0.88 vs 0.87), 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.