NIO vs. KO
NIO (NIO Inc.) and KO (The Coca-Cola Company) are both stocks. NIO operates in Auto Manufacturers (Consumer Cyclical), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 5 years, NIO returned -35.22%/yr vs 11.29%/yr for KO. At a 0.07 correlation, their price movements are largely independent.
Performance
NIO vs. KO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NIO achieves a 2.16% return, which is significantly lower than KO's 18.99% return.
NIO
- 1D
- -0.38%
- 1M
- -20.34%
- YTD
- 2.16%
- 6M
- 3.58%
- 1Y
- 43.92%
- 3Y*
- -16.32%
- 5Y*
- -35.22%
- 10Y*
- —
KO
- 1D
- 0.11%
- 1M
- 2.94%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 17.68%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
NIO vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NIO NIO Inc. | 2.16% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
KO The Coca-Cola Company | 18.99% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 4.59% |
Correlation
The correlation between NIO and KO is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.07 |
Fundamentals
NIO:
$12.93B
KO:
$356.42B
NIO:
-CN¥3.74
KO:
$3.18
NIO:
0.85
KO:
7.23
NIO:
20.18
KO:
10.60
NIO:
CN¥100.51B
KO:
$49.28B
NIO:
CN¥15.77B
KO:
$30.43B
NIO:
-CN¥7.54B
KO:
$18.35B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NIO vs. KO — Risk / Return Rank
NIO
KO
NIO vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIO Inc. (NIO) 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.
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.
| NIO | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.19 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 2.26 | -1.25 |
| Martin ratioReturn relative to average drawdown | 1.78 | 4.51 | -2.73 |
Loading charts...
Drawdowns
NIO vs. KO - Drawdown Comparison
The maximum NIO drawdown since its inception was -95.00%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for NIO and KO.
Loading charts...
Drawdown Indicators
| NIO | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.00% | -68.23% | -26.77% |
Max Drawdown (1Y)Largest decline over 1 year | -43.73% | -7.87% | -35.86% |
Max Drawdown (3Y)Largest decline over 3 years | -79.69% | -16.26% | -63.43% |
Max Drawdown (5Y)Largest decline over 5 years | -94.10% | -17.27% | -76.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.99% | — |
Current DrawdownCurrent decline from peak | -91.71% | -1.16% | -90.55% |
Average DrawdownAverage peak-to-trough decline | -67.90% | -16.09% | -51.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.74% | 3.98% | +20.76% |
Volatility
NIO vs. KO - Volatility Comparison
NIO Inc. (NIO) has a higher volatility of 17.58% compared to The Coca-Cola Company (KO) at 6.70%. This indicates that NIO'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.
Loading charts...
Volatility by Period
| NIO | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.58% | 6.70% | +10.88% |
Volatility (6M)Calculated over the trailing 6-month period | 41.08% | 12.87% | +28.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.74% | 16.73% | +46.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.62% | 16.18% | +55.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.66% | 18.24% | +68.42% |
Dividends
NIO vs. KO - Dividend Comparison
NIO has not paid dividends to shareholders, while KO's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.49% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
NIO NIO Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NIO vs. KO - Financials Comparison
This section allows you to compare key financial metrics between NIO 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
NIO vs. KO - Profitability Comparison
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
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%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
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%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
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
NIO and KO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (17.58%) compared to KO (6.70%). In terms of maximum drawdown, NIO dropped -95.00% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.06 vs 0.70), 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.
Find the right allocation for NIO and KO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer