KO vs. GC=F

Last updated Jun 13, 2026

KO (The Coca-Cola Company) is a stock, while GC=F (Gold Futures) is an asset. At a correlation of -0.08, they often move in opposite directions.

Performance

KO vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Coca-Cola Company (KO) and Gold Futures (GC=F). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

GC=F

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KO vs. GC=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
KO The Coca-Cola Company	18.99%	15.60%	8.88%	-4.43%	7.65%
GC=F Gold Futures	0.00%	0.00%	0.00%	0.00%	5.84%

Correlation

The correlation between KO and GC=F is -0.08, 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 (All Time) Calculated using the full available price history since Jan 31, 2022	-0.08

Return for Risk

KO vs. GC=F — Risk / Return Rank

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

KO

KO Risk / Return Rank: 74
KO Sharpe Ratio Rank: 75
KO Sortino Ratio Rank: 72
KO Omega Ratio Rank: 67
KO Calmar Ratio Rank: 79
KO Martin Ratio Rank: 75

GC=F

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

KO vs. GC=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and Gold Futures (GC=F). 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	GC=F	Difference
Sharpe ratio: Return per unit of total volatility	1.06	—	—
Sortino ratio: Return per unit of downside risk	1.73	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	2.26	—	—
Martin ratio: Return relative to average drawdown	4.51	—	—

Drawdowns

Drawdown Indicators

	KO	GC=F	Difference
Max Drawdown Largest peak-to-trough decline	-68.23%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.99%	—	—
Current Drawdown Current decline from peak	-1.16%	—	—
Average Drawdown Average peak-to-trough decline	-16.09%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	—	—

Volatility

Volatility by Period

	KO	GC=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.73%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.24%	—	—

Frequently Asked Questions

Can I hold both KO and GC=F in my portfolio?

KO and GC=F have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.