KO vs. XGLD.L
KO (The Coca-Cola Company) is a stock, while XGLD.L (Xtrackers Physical Gold ETC) is Gold fund tracking the Gold. Over the past 10 years, KO returned 9.55%/yr vs 12.36%/yr for XGLD.L. At a 0.04 correlation, their price movements are largely independent.
Performance
KO vs. XGLD.L - Performance Comparison
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Returns By Period
In the year-to-date period, KO achieves a 18.99% return, which is significantly higher than XGLD.L's -2.14% return. Over the past 10 years, KO has underperformed XGLD.L with an annualized return of 9.55%, while XGLD.L has yielded a comparatively higher 12.36% annualized return.
KO
- 1D
- 0.11%
- 1M
- 2.23%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 18.86%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
XGLD.L
- 1D
- 3.38%
- 1M
- -9.98%
- YTD
- -2.14%
- 6M
- -1.50%
- 1Y
- 22.86%
- 3Y*
- 29.15%
- 5Y*
- 17.29%
- 10Y*
- 12.36%
KO vs. XGLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 18.99% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
XGLD.L Xtrackers Physical Gold ETC | -2.14% | 64.60% | 25.87% | 13.37% | -0.24% | -4.19% | 24.11% | 18.35% | -1.36% | 11.68% |
Correlation
The correlation between KO and XGLD.L is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2010 | 0.04 |
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Return for Risk
KO vs. XGLD.L — Risk / Return Rank
KO
XGLD.L
KO vs. XGLD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and Xtrackers Physical Gold ETC (XGLD.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.
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 | XGLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.04 | +1.22 |
| Martin ratioReturn relative to average drawdown | 4.51 | 3.19 | +1.32 |
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Drawdowns
KO vs. XGLD.L - Drawdown Comparison
The maximum KO drawdown since its inception was -68.23%, which is greater than XGLD.L's maximum drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for KO and XGLD.L.
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Drawdown Indicators
| KO | XGLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.23% | -45.34% | -22.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -23.27% | +15.40% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -23.27% | +7.01% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -23.27% | +6.00% |
Max Drawdown (10Y)Largest decline over 10 years | -36.99% | -23.27% | -13.72% |
Current DrawdownCurrent decline from peak | -1.16% | -20.68% | +19.52% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -18.94% | +2.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 7.55% | -3.57% |
Volatility
KO vs. XGLD.L - Volatility Comparison
The current volatility for The Coca-Cola Company (KO) is 6.70%, while Xtrackers Physical Gold ETC (XGLD.L) has a volatility of 7.75%. This indicates that KO experiences smaller price fluctuations and is considered to be less risky than XGLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KO | XGLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.70% | 7.75% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 22.54% | -9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 25.47% | -8.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 17.42% | -1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.24% | 15.56% | +2.68% |
Dividends
KO vs. XGLD.L - Dividend Comparison
KO's dividend yield for the trailing twelve months is around 2.49%, while XGLD.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 1.88% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
XGLD.L Xtrackers 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 XGLD.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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