META vs. PEP
META (Meta Platforms, Inc.) and PEP (PepsiCo, Inc.) are both stocks. META operates in Internet Content & Information (Communication Services), while PEP operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, META returned 17.64%/yr vs 6.52%/yr for PEP. At a 0.17 correlation, their price movements are largely independent.
Performance
META vs. PEP - Performance Comparison
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Returns By Period
In the year-to-date period, META achieves a -10.09% return, which is significantly lower than PEP's 0.82% return. Over the past 10 years, META has outperformed PEP with an annualized return of 17.64%, while PEP has yielded a comparatively lower 6.52% annualized return.
META
- 1D
- -5.51%
- 1M
- -3.24%
- YTD
- -10.09%
- 6M
- -11.79%
- 1Y
- -13.11%
- 3Y*
- 30.15%
- 5Y*
- 12.59%
- 10Y*
- 17.64%
PEP
- 1D
- 0.89%
- 1M
- -8.04%
- YTD
- 0.82%
- 6M
- -0.22%
- 1Y
- 13.76%
- 3Y*
- -4.61%
- 5Y*
- 2.38%
- 10Y*
- 6.52%
META vs. PEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
META Meta Platforms, Inc. | -10.09% | 13.09% | 66.05% | 194.13% | -64.22% | 23.13% | 33.09% | 56.57% | -25.71% | 53.38% |
PEP PepsiCo, Inc. | 0.82% | -1.85% | -7.60% | -3.29% | 6.78% | 20.56% | 11.67% | 27.38% | -4.81% | 17.82% |
Correlation
The correlation between META and PEP 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 (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 21, 2012 | 0.17 |
The correlation between META and PEP shifts across timeframes, from -0.11 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
META:
$1.52T
PEP:
$194.57B
META:
$27.47
PEP:
$6.37
META:
21.59
PEP:
22.27
META:
0.89
PEP:
7.70
META:
7.09
PEP:
2.04
META:
6.24
PEP:
9.10
META:
$214.96B
PEP:
$95.45B
META:
$176.14B
PEP:
$51.60B
META:
$106.31B
PEP:
$15.08B
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Return for Risk
META vs. PEP — Risk / Return Rank
META
PEP
META vs. PEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Platforms, Inc. (META) and PepsiCo, Inc. (PEP). 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.
| META | PEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.13 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 0.85 | -1.25 |
| Martin ratioReturn relative to average drawdown | -0.84 | 2.29 | -3.13 |
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
| META | PEP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 0.64 | -1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.13 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.33 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.38 | +0.17 |
Drawdowns
META vs. PEP - Drawdown Comparison
The maximum META drawdown since its inception was -76.74%, roughly equal to the maximum PEP drawdown of -73.92%. Use the drawdown chart below to compare losses from any high point for META and PEP.
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Drawdown Indicators
| META | PEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -73.92% | -2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -33.30% | -16.25% | -17.05% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -29.17% | -4.98% |
Max Drawdown (5Y)Largest decline over 5 years | -76.74% | -30.32% | -46.42% |
Max Drawdown (10Y)Largest decline over 10 years | -76.74% | -30.32% | -46.42% |
Current DrawdownCurrent decline from peak | -24.76% | -19.09% | -5.67% |
Average DrawdownAverage peak-to-trough decline | -15.26% | -13.65% | -1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.60% | 6.03% | +9.57% |
Volatility
META vs. PEP - Volatility Comparison
Meta Platforms, Inc. (META) has a higher volatility of 10.46% compared to PepsiCo, Inc. (PEP) at 6.37%. This indicates that META's price experiences larger fluctuations and is considered to be riskier than PEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| META | PEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.46% | 6.37% | +4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 27.14% | 14.91% | +12.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.52% | 21.72% | +13.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.04% | 18.37% | +25.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.68% | 19.66% | +19.02% |
Dividends
META vs. PEP - Dividend Comparison
META's dividend yield for the trailing twelve months is around 0.35%, less than PEP's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
META Meta Platforms, Inc. | 0.35% | 0.32% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PEP PepsiCo, Inc. | 5.05% | 3.92% | 3.51% | 2.91% | 2.50% | 2.45% | 2.71% | 2.77% | 3.25% | 2.64% | 2.83% | 2.76% |
Financials
META vs. PEP - Financials Comparison
This section allows you to compare key financial metrics between Meta Platforms, Inc. and PepsiCo, 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
META vs. PEP - Profitability Comparison
META - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported a gross profit of 46.09B and revenue of 56.31B. Therefore, the gross margin over that period was 81.9%.
PEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a gross profit of 10.73B and revenue of 19.44B. Therefore, the gross margin over that period was 55.2%.
META - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported an operating income of 22.87B and revenue of 56.31B, resulting in an operating margin of 40.6%.
PEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported an operating income of 3.21B and revenue of 19.44B, resulting in an operating margin of 16.5%.
META - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Meta Platforms, Inc. reported a net income of 26.77B and revenue of 56.31B, resulting in a net margin of 47.5%.
PEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a net income of 2.34B and revenue of 19.44B, resulting in a net margin of 12.0%.
Frequently Asked Questions
META and PEP 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.
META has higher volatility (10.46%) compared to PEP (6.37%). In terms of maximum drawdown, META dropped -76.74% vs PEP's -73.92%.
PEP currently has the higher Sharpe Ratio (0.64 vs -0.37), 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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