KO vs. WMT
KO (The Coca-Cola Company) and WMT (Walmart Inc.) are both stocks. Both are in the Consumer Defensive sector — KO in Beverages - Non-Alcoholic, WMT in Discount Stores. Over the past 10 years, KO returned 9.11%/yr vs 19.37%/yr for WMT. At a 0.32 correlation, their price movements are largely independent.
Performance
KO vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, KO achieves a 13.43% return, which is significantly higher than WMT's 5.33% return. Over the past 10 years, KO has underperformed WMT with an annualized return of 9.11%, while WMT has yielded a comparatively higher 19.37% annualized return.
KO
- 1D
- 0.45%
- 1M
- 0.73%
- YTD
- 13.43%
- 6M
- 11.99%
- 1Y
- 13.89%
- 3Y*
- 12.09%
- 5Y*
- 10.20%
- 10Y*
- 9.11%
WMT
- 1D
- 3.39%
- 1M
- -10.14%
- YTD
- 5.33%
- 6M
- 2.78%
- 1Y
- 17.89%
- 3Y*
- 34.52%
- 5Y*
- 21.38%
- 10Y*
- 19.37%
KO vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 13.43% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
WMT Walmart Inc. | 5.33% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between KO and WMT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 1972 | 0.32 |
Fundamentals
KO:
$339.77B
WMT:
$935.00B
KO:
$3.18
WMT:
$2.88
KO:
24.80
WMT:
40.60
KO:
2.99
WMT:
2.65
KO:
6.89
WMT:
1.29
KO:
10.10
WMT:
9.91
KO:
$49.28B
WMT:
$725.31B
KO:
$30.43B
WMT:
$181.16B
KO:
$18.35B
WMT:
$44.32B
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Return for Risk
KO vs. WMT — Risk / Return Rank
KO
WMT
KO vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.16 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.14 | +0.63 |
| Martin ratioReturn relative to average drawdown | 3.48 | 3.84 | -0.36 |
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 | WMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.76 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.99 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.89 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.64 | -0.10 |
Drawdowns
KO vs. WMT - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for KO and WMT.
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Drawdown Indicators
| KO | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -77.14% | +8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -15.75% | +7.86% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -21.93% | +5.67% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -25.74% | +8.47% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -25.74% | -11.25% |
Current DrawdownCurrent decline from peak | -3.86% | -12.90% | +9.04% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -14.63% | -1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 4.74% | -0.74% |
Volatility
KO vs. WMT - Volatility Comparison
The current volatility for The Coca-Cola Company (KO) is 4.16%, while Walmart Inc. (WMT) has a volatility of 10.05%. This indicates that KO experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KO | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 10.05% | -5.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.79% | 18.63% | -6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 23.70% | -7.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 21.68% | -5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 21.72% | -3.56% |
Dividends
KO vs. WMT - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.62%, more than WMT's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.62% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
WMT Walmart Inc. | 0.83% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
KO vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between The Coca-Cola Company and Walmart Inc.. 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. WMT - 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%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
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%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
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%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
KO and WMT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (10.05%) compared to KO (4.16%). In terms of maximum drawdown, KO dropped -68.23% vs WMT's -77.14%.
KO currently has the higher Sharpe Ratio (0.88 vs 0.76), 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.
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