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KO vs. SGLN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KO vs. SGLN.L

Last updated Jun 9, 2026

KO (The Coca-Cola Company) is a stock, while SGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price. Over the past 10 years, KO returned 8.99%/yr vs 12.93%/yr for SGLN.L. At a 0.07 correlation, their price movements are largely independent.

Performance

KO vs. SGLN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Coca-Cola Company (KO) and iShares Physical Gold ETC (SGLN.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

KO is traded in USD, while SGLN.L is traded in GBp. To make them comparable, the SGLN.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, KO achieves a 14.56% return, which is significantly higher than SGLN.L's 0.50% return. Over the past 10 years, KO has underperformed SGLN.L with an annualized return of 8.99%, while SGLN.L has yielded a comparatively higher 12.93% annualized return.

KO

1D
0.08%
1M
1.43%
YTD
14.56%
6M
14.00%
1Y
14.71%
3Y*
12.88%
5Y*
10.72%
10Y*
8.99%

SGLN.L

1D
0.00%
1M
-7.99%
YTD
0.50%
6M
3.21%
1Y
29.88%
3Y*
30.09%
5Y*
17.90%
10Y*
12.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KO vs. SGLN.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
KO
The Coca-Cola Company		14.56%15.60%8.88%-4.43%10.61%11.37%2.47%20.60%6.77%14.38%
SGLN.L
iShares Physical Gold ETC		0.49%65.25%26.06%12.89%-0.12%-3.71%23.60%19.23%-1.55%11.36%

Correlation

The correlation between KO and SGLN.L is 0.03, 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

0.03

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.09

Correlation (10Y)
Calculated over the trailing 10-year period

0.09

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2011

0.07

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The Coca-Cola Company

iShares Physical Gold ETC

Often compared with KO:
KO vs. PEPKO vs. PGKO vs. MCDKO vs. VOOKO vs. SCHDKO vs. KOFKO vs. BRK-B
Often compared with SGLN.L:
SGLN.L vs. IGLN.LSGLN.L vs. GLDSGLN.L vs. IAUSGLN.L vs. SGLS.LSGLN.L vs. GLDW.LSGLN.L vs. GBSP.LSGLN.L vs. PHGP.L

Return for Risk

KO vs. SGLN.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KO
KO Risk / Return Rank: 6969
Overall Rank
KO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
KO Sortino Ratio Rank: 6666
Sortino Ratio Rank
KO Omega Ratio Rank: 6161
Omega Ratio Rank
KO Calmar Ratio Rank: 7474
Calmar Ratio Rank
KO Martin Ratio Rank: 7171
Martin Ratio Rank
SGLN.L
SGLN.L Risk / Return Rank: 4040
Overall Rank
SGLN.L Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
SGLN.L Sortino Ratio Rank: 3737
Sortino Ratio Rank
SGLN.L Omega Ratio Rank: 4747
Omega Ratio Rank
SGLN.L Calmar Ratio Rank: 3939
Calmar Ratio Rank
SGLN.L Martin Ratio Rank: 3434
Martin Ratio Rank
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. SGLN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and iShares Physical Gold ETC (SGLN.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.

KOSGLN.LDifference
Sharpe ratioReturn per unit of total volatility
0.90
1.22

-0.31

Sortino ratioReturn per unit of downside risk
1.49
1.64

-0.16

Omega ratioGain probability vs. loss probability

1.16

1.23

-0.07

Calmar ratioReturn relative to maximum drawdown

1.87

1.61

+0.26

Martin ratioReturn relative to average drawdown

3.66

4.24

-0.59

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KO vs. SGLN.L - Sharpe Ratio Comparison

The current KO Sharpe Ratio is 0.90, which is comparable to the SGLN.L Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of KO and SGLN.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

KOSGLN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.90

1.22

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

0.79

-0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.69

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.18

+0.35

Drawdowns

KO vs. SGLN.L - Drawdown Comparison

The maximum KO drawdown since its inception was -68.23%, which is greater than SGLN.L's maximum drawdown of -56.74%. Use the drawdown chart below to compare losses from any high point for KO and SGLN.L.

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Drawdown Indicators

KOSGLN.LDifference

Max Drawdown

Largest peak-to-trough decline

-68.23%

-56.74%

-11.49%

Max Drawdown (1Y)

Largest decline over 1 year

-7.89%

-18.44%

+10.55%

Max Drawdown (3Y)

Largest decline over 3 years

-16.26%

-19.67%

+3.41%

Max Drawdown (5Y)

Largest decline over 5 years

-17.27%

-21.27%

+4.00%

Max Drawdown (10Y)

Largest decline over 10 years

-36.99%

-21.27%

-15.72%

Current Drawdown

Current decline from peak

-2.91%

-18.44%

+15.53%

Average Drawdown

Average peak-to-trough decline

-16.09%

-33.03%

+16.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.03%

7.02%

-2.99%

Volatility

KO vs. SGLN.L - Volatility Comparison

The Coca-Cola Company (KO) and iShares Physical Gold ETC (SGLN.L) have volatilities of 5.81% and 5.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KOSGLN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.81%

5.64%

+0.17%

Volatility (6M)

Calculated over the trailing 6-month period

12.37%

21.23%

-8.86%

Volatility (1Y)

Calculated over the trailing 1-year period

16.37%

24.49%

-8.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.10%

22.63%

-6.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.21%

18.77%

-0.56%

Dividends

KO vs. SGLN.L - Dividend Comparison

KO's dividend yield for the trailing twelve months is around 2.59%, while SGLN.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
KO
The Coca-Cola Company		2.59%2.92%3.12%3.12%2.77%2.84%2.99%2.89%3.29%3.23%3.38%3.07%
SGLN.L
iShares Physical Gold ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

KO and SGLN.L have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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