KO vs. CSPX.L
KO (The Coca-Cola Company) is a stock, while CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, KO returned 9.55%/yr vs 15.24%/yr for CSPX.L. At a 0.19 correlation, their price movements are largely independent.
Performance
KO vs. CSPX.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KO achieves a 18.99% return, which is significantly higher than CSPX.L's 8.40% return. Over the past 10 years, KO has underperformed CSPX.L with an annualized return of 9.55%, while CSPX.L has yielded a comparatively higher 15.24% annualized return.
KO
- 1D
- 0.11%
- 1M
- 2.70%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 18.86%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
CSPX.L
- 1D
- 2.02%
- 1M
- -0.83%
- YTD
- 8.40%
- 6M
- 9.68%
- 1Y
- 24.86%
- 3Y*
- 20.75%
- 5Y*
- 13.23%
- 10Y*
- 15.24%
KO vs. CSPX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 18.99% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 8.40% | 17.45% | 25.25% | 26.74% | -18.72% | 29.35% | 17.62% | 30.55% | -5.46% | 21.60% |
Correlation
The correlation between KO and CSPX.L 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 | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2010 | 0.19 |
The correlation between KO and CSPX.L shifts across timeframes, from -0.13 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KO vs. CSPX.L — Risk / Return Rank
KO
CSPX.L
KO vs. CSPX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.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.
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.
| KO | CSPX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 2.98 | -0.73 |
| Martin ratioReturn relative to average drawdown | 4.51 | 12.45 | -7.94 |
Loading charts...
Drawdowns
KO vs. CSPX.L - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, which is greater than CSPX.L's maximum drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for KO and CSPX.L.
Loading charts...
Drawdown Indicators
| KO | CSPX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -33.90% | -34.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -8.17% | +0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -18.50% | +2.24% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -24.39% | +7.12% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -33.90% | -3.09% |
Current DrawdownCurrent decline from peak | -1.16% | -2.27% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -3.72% | -12.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 1.96% | +2.02% |
Volatility
KO vs. CSPX.L - Volatility Comparison
The Coca-Cola Company (KO) has a higher volatility of 6.70% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 4.01%. This indicates that KO's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KO | CSPX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 4.01% | +2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 9.03% | +3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 12.04% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 16.03% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 16.22% | +2.02% |
Dividends
KO vs. CSPX.L - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.49%, while CSPX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KO The Coca-Cola Company | 1.88% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Frequently Asked Questions
KO and CSPX.L 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.
Find the right allocation for KO and CSPX.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer