KO vs. IBIT
KO (The Coca-Cola Company) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, KO returned 17.68% vs -40.63% for IBIT. At a correlation of -0.06, they often move in opposite directions.
Performance
KO vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KO achieves a 18.99% return, which is significantly higher than IBIT's -27.41% return.
KO
- 1D
- 0.11%
- 1M
- 2.94%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 17.68%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KO The Coca-Cola Company | 18.99% | 15.60% | 6.58% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between KO and IBIT is -0.11, 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 | -0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.06 |
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. IBIT — Risk / Return Rank
KO
IBIT
KO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and iShares Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.85 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | -0.78 | +3.04 |
| Martin ratioReturn relative to average drawdown | 4.51 | -1.37 | +5.88 |
Loading charts...
Drawdowns
KO vs. IBIT - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for KO and IBIT.
Loading charts...
Drawdown Indicators
| KO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -52.11% | -16.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -52.11% | +44.24% |
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 DrawdownCurrent decline from peak | -1.16% | -49.45% | +48.29% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -16.53% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 29.64% | -25.66% |
Volatility
KO vs. IBIT - Volatility Comparison
The current volatility for The Coca-Cola Company (KO) is 6.70%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that KO experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 12.07% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 34.45% | -21.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 44.10% | -27.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 50.26% | -34.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 50.26% | -32.02% |
Dividends
KO vs. IBIT - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.49%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 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 | 2.49% | 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 IBIT have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to KO (6.70%). In terms of maximum drawdown, KO dropped -68.23% vs IBIT's -52.11%.
KO currently has the higher Sharpe Ratio (1.06 vs -0.92), 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.
Find the right allocation for KO and IBIT
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