KO vs. ULVR.L
KO (The Coca-Cola Company) and ULVR.L (Unilever PLC) are both stocks. Both are in the Consumer Defensive sector — KO in Beverages - Non-Alcoholic, ULVR.L in Household & Personal Products. Over the past 10 years, KO returned 8.99%/yr vs 4.45%/yr for ULVR.L. At a 0.34 correlation, their price movements are largely independent.
Performance
KO vs. ULVR.L - Performance Comparison
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Different Trading Currencies
KO is traded in USD, while ULVR.L is traded in GBp. To make them comparable, the ULVR.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 ULVR.L's -13.04% return. Over the past 10 years, KO has outperformed ULVR.L with an annualized return of 8.99%, while ULVR.L has yielded a comparatively lower 4.45% 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%
ULVR.L
- 1D
- 0.11%
- 1M
- -3.12%
- YTD
- -13.04%
- 6M
- -18.93%
- 1Y
- -18.11%
- 3Y*
- 3.32%
- 5Y*
- -0.35%
- 10Y*
- 4.45%
KO vs. ULVR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
ULVR.L Unilever PLC | -13.04% | 5.70% | 21.67% | -0.81% | -1.70% | -7.65% | 7.47% | 13.60% | -2.91% | 41.52% |
Correlation
The correlation between KO and ULVR.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.34 |
The correlation between KO and ULVR.L shifts across timeframes, from 0.34 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
KO:
$343.14B
ULVR.L:
£92.01B
KO:
$3.18
ULVR.L:
£4.32
KO:
25.04
ULVR.L:
9.70
KO:
3.02
ULVR.L:
1.77
KO:
6.96
ULVR.L:
1.02
KO:
10.20
ULVR.L:
5.92
KO:
$49.28B
ULVR.L:
£96.17B
KO:
$30.43B
ULVR.L:
£42.43B
KO:
$18.35B
ULVR.L:
£20.18B
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Return for Risk
KO vs. ULVR.L — Risk / Return Rank
KO
ULVR.L
KO vs. ULVR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and Unilever PLC (ULVR.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.
| KO | ULVR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.88 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.66 | +2.53 |
| Martin ratioReturn relative to average drawdown | 3.66 | -1.34 | +5.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KO | ULVR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | -0.71 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | -0.02 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.21 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.26 | +0.27 |
Drawdowns
KO vs. ULVR.L - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, which is greater than ULVR.L's maximum drawdown of -53.22%. Use the drawdown chart below to compare losses from any high point for KO and ULVR.L.
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Drawdown Indicators
| KO | ULVR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -53.22% | -15.01% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -27.41% | +19.52% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -27.41% | +11.15% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -27.41% | +10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -29.13% | -7.86% |
Current DrawdownCurrent decline from peak | -2.91% | -25.76% | +22.85% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -10.30% | -5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 13.46% | -9.43% |
Volatility
KO vs. ULVR.L - Volatility Comparison
The Coca-Cola Company (KO) and Unilever PLC (ULVR.L) have volatilities of 5.81% and 5.58%, 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
| KO | ULVR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 5.58% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 12.37% | 19.82% | -7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 25.49% | -9.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 20.97% | -4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 21.16% | -2.95% |
Dividends
KO vs. ULVR.L - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.59%, less than ULVR.L's 4.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ULVR.L Unilever PLC | 4.04% | 3.59% | 3.23% | 3.95% | 3.48% | 3.74% | 3.31% | 3.26% | 3.24% | 2.95% | 3.17% | 2.98% |
Financials
KO vs. ULVR.L - Financials Comparison
This section allows you to compare key financial metrics between The Coca-Cola Company and Unilever PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KO vs. ULVR.L - Profitability Comparison
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%.
ULVR.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Unilever PLC reported a gross profit of 0.00 and revenue of 20.35B. Therefore, the gross margin over that period was 0.0%.
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%.
ULVR.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Unilever PLC reported an operating income of 4.16B and revenue of 20.35B, resulting in an operating margin of 20.4%.
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%.
ULVR.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Unilever PLC reported a net income of 2.58B and revenue of 20.35B, resulting in a net margin of 12.7%.
Frequently Asked Questions
KO and ULVR.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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