PG vs. CL
PG (The Procter & Gamble Company) and CL (Colgate-Palmolive Company) are both stocks. Both operate in the Household & Personal Products industry within the Consumer Defensive sector. Over the past 10 years, PG returned 9.05%/yr vs 4.69%/yr for CL. At a 0.50 correlation, their price movements are largely independent.
Performance
PG vs. CL - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 6.47% return, which is significantly lower than CL's 14.64% return. Over the past 10 years, PG has outperformed CL with an annualized return of 9.05%, while CL has yielded a comparatively lower 4.69% annualized return.
PG
- 1D
- -0.12%
- 1M
- 4.87%
- YTD
- 6.47%
- 6M
- 5.63%
- 1Y
- -2.75%
- 3Y*
- 2.82%
- 5Y*
- 5.28%
- 10Y*
- 9.05%
CL
- 1D
- -1.21%
- 1M
- -1.06%
- YTD
- 14.64%
- 6M
- 15.60%
- 1Y
- 4.51%
- 3Y*
- 7.29%
- 5Y*
- 4.46%
- 10Y*
- 4.69%
PG vs. CL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 6.47% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
CL Colgate-Palmolive Company | 14.64% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
Correlation
The correlation between PG and CL is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.50 |
Over the past year, PG and CL have become more correlated (0.71) than their long-term average of 0.50, meaning their price movements have been converging.
Fundamentals
PG:
$363.39B
CL:
$72.04B
PG:
$5.23
CL:
$2.58
PG:
28.77
CL:
34.69
PG:
7.04
CL:
8.96
PG:
4.22
CL:
3.48
PG:
6.73
CL:
496.83
PG:
$86.72B
CL:
$20.80B
PG:
$43.64B
CL:
$12.49B
PG:
$22.63B
CL:
$3.92B
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Return for Risk
PG vs. CL — Risk / Return Rank
PG
CL
PG vs. CL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and Colgate-Palmolive Company (CL). 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.
| PG | CL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.05 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.22 | -0.35 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.36 | -0.60 |
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Drawdowns
PG vs. CL - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, smaller than the maximum CL drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for PG and CL.
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Drawdown Indicators
| PG | CL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -58.91% | +4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -18.64% | +3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -29.05% | +7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -29.05% | +5.28% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -29.05% | +5.28% |
Current DrawdownCurrent decline from peak | -12.84% | -14.28% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -11.24% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.43% | 11.36% | -2.93% |
Volatility
PG vs. CL - Volatility Comparison
The current volatility for The Procter & Gamble Company (PG) is 7.10%, while Colgate-Palmolive Company (CL) has a volatility of 8.14%. This indicates that PG experiences smaller price fluctuations and is considered to be less risky than CL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | CL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 8.14% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 14.97% | 17.24% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.72% | 21.58% | -2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.82% | 18.80% | -0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.06% | 19.76% | -0.70% |
Dividends
PG vs. CL - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.83%, more than CL's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.34% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
PG The Procter & Gamble Company | 2.83% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. CL - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and Colgate-Palmolive 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
PG vs. CL - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
CL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a gross profit of 3.23B and revenue of 5.32B. Therefore, the gross margin over that period was 60.6%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
CL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported an operating income of 1.16B and revenue of 5.32B, resulting in an operating margin of 21.7%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a net income of 646.00M and revenue of 5.32B, resulting in a net margin of 12.1%.
Frequently Asked Questions
PG and CL have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CL has higher volatility (8.14%) compared to PG (7.10%). In terms of maximum drawdown, PG dropped -54.25% vs CL's -58.91%.
CL currently has the higher Sharpe Ratio (0.19 vs -0.11), 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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