MSCI vs. KO
MSCI (MSCI Inc.) and KO (The Coca-Cola Company) are both stocks. MSCI operates in Financial Data & Stock Exchanges (Financial Services), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, MSCI returned 24.26%/yr vs 8.99%/yr for KO. At a 0.30 correlation, their price movements are largely independent.
Performance
MSCI vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, MSCI achieves a 5.89% return, which is significantly lower than KO's 14.56% return. Over the past 10 years, MSCI has outperformed KO with an annualized return of 24.26%, while KO has yielded a comparatively lower 8.99% annualized return.
MSCI
- 1D
- -2.03%
- 1M
- 3.36%
- YTD
- 5.89%
- 6M
- 13.15%
- 1Y
- 7.51%
- 3Y*
- 9.71%
- 5Y*
- 6.47%
- 10Y*
- 24.26%
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%
MSCI vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSCI MSCI Inc. | 5.89% | -3.17% | 7.31% | 22.90% | -23.34% | 38.14% | 74.38% | 77.19% | 17.95% | 62.63% |
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% |
Correlation
The correlation between MSCI and KO 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 | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2007 | 0.30 |
Over the past year, the correlation between MSCI and KO has dropped to 0.01 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
MSCI:
$44.26B
KO:
$343.14B
MSCI:
$17.28
KO:
$3.18
MSCI:
34.89
KO:
25.04
MSCI:
2.16
KO:
3.02
MSCI:
14.21
KO:
6.96
MSCI:
$3.24B
KO:
$49.28B
MSCI:
$2.68B
KO:
$30.43B
MSCI:
$1.99B
KO:
$18.35B
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Return for Risk
MSCI vs. KO — Risk / Return Rank
MSCI
KO
MSCI vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MSCI Inc. (MSCI) and The Coca-Cola Company (KO). 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.
| MSCI | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.16 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 1.87 | -1.46 |
| Martin ratioReturn relative to average drawdown | 1.10 | 3.66 | -2.56 |
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
| MSCI | KO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.26 | 0.90 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.67 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.50 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.53 | +0.02 |
Drawdowns
MSCI vs. KO - Drawdown Comparison
The maximum MSCI drawdown since its inception was -69.06%, roughly equal to the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for MSCI and KO.
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Drawdown Indicators
| MSCI | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.06% | -68.23% | -0.83% |
Max Drawdown (1Y)Largest decline over 1 year | -18.07% | -7.89% | -10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -25.99% | -16.26% | -9.73% |
Max Drawdown (5Y)Largest decline over 5 years | -43.74% | -17.27% | -26.47% |
Max Drawdown (10Y)Largest decline over 10 years | -43.74% | -36.99% | -6.75% |
Current DrawdownCurrent decline from peak | -6.35% | -2.91% | -3.44% |
Average DrawdownAverage peak-to-trough decline | -13.08% | -16.09% | +3.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 4.03% | +2.87% |
Volatility
MSCI vs. KO - Volatility Comparison
MSCI Inc. (MSCI) has a higher volatility of 8.23% compared to The Coca-Cola Company (KO) at 5.81%. This indicates that MSCI's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSCI | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 5.81% | +2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 20.75% | 12.37% | +8.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.72% | 16.37% | +12.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.73% | 16.10% | +14.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.19% | 18.21% | +12.98% |
Dividends
MSCI vs. KO - Dividend Comparison
MSCI's dividend yield for the trailing twelve months is around 1.28%, less than KO's 2.59% 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% |
MSCI MSCI Inc. | 1.28% | 1.25% | 1.07% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% |
Financials
MSCI vs. KO - Financials Comparison
This section allows you to compare key financial metrics between MSCI Inc. and The Coca-Cola Company. 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
MSCI vs. KO - Profitability Comparison
MSCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported a gross profit of 709.00M and revenue of 850.80M. Therefore, the gross margin over that period was 83.3%.
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%.
MSCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported an operating income of 456.90M and revenue of 850.80M, resulting in an operating margin of 53.7%.
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%.
MSCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MSCI Inc. reported a net income of 406.00M and revenue of 850.80M, resulting in a net margin of 47.7%.
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%.
Frequently Asked Questions
MSCI and KO 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.
MSCI has higher volatility (8.23%) compared to KO (5.81%). In terms of maximum drawdown, MSCI dropped -69.06% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (0.90 vs 0.26), 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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