SJM vs. KO
SJM (The J. M. Smucker Company) and KO (The Coca-Cola Company) are both stocks. Both are in the Consumer Defensive sector — SJM in Packaged Foods, KO in Beverages - Non-Alcoholic. Over the past 10 years, SJM returned 0.34%/yr vs 9.35%/yr for KO. At a 0.32 correlation, their price movements are largely independent.
Performance
SJM vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, SJM achieves a 20.85% return, which is significantly higher than KO's 18.82% return. Over the past 10 years, SJM has underperformed KO with an annualized return of 0.34%, while KO has yielded a comparatively higher 9.35% annualized return.
SJM
- 1D
- 2.89%
- 1M
- 4.41%
- 6M
- 14.54%
- YTD
- 20.85%
- 1Y
- 14.60%
- 3Y*
- -5.15%
- 5Y*
- 1.24%
- 10Y*
- 0.34%
- ALL TIME*
- 8.15%
KO
- 1D
- -0.18%
- 1M
- 3.25%
- 6M
- 15.77%
- YTD
- 18.82%
- 1Y
- 20.30%
- 3Y*
- 12.77%
- 5Y*
- 10.97%
- 10Y*
- 9.35%
- ALL TIME*
- 12.16%
SJM vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SJM The J. M. Smucker Company | 20.85% | -7.56% | -9.61% | -17.79% | 20.06% | 21.05% | 14.50% | 14.90% | -22.58% | -0.49% |
KO The Coca-Cola Company | 18.82% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between SJM and KO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 1994 | 0.32 |
The correlation between SJM and KO shifts across timeframes, from 0.32 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SJM:
$12.37B
KO:
$352.67B
SJM:
-$1.30
KO:
$3.18
SJM:
1.36
KO:
7.17
SJM:
2.23
KO:
10.51
SJM:
$9.05B
KO:
$49.28B
SJM:
$3.03B
KO:
$30.43B
SJM:
$360.20M
KO:
$18.35B
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Return for Risk
SJM vs. KO — Risk / Return Rank
SJM
KO
SJM vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The J. M. Smucker Company (SJM) 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.
| SJM | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 2.59 | -1.95 |
| Martin ratioReturn relative to average drawdown | 1.55 | 5.67 | -4.12 |
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Drawdowns
SJM vs. KO - Drawdown Comparison
The maximum SJM drawdown since its inception was -45.67%, smaller than the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for SJM and KO.
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Drawdown Indicators
| SJM | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.67% | -68.23% | +22.56% |
Max Drawdown (1Y)Largest decline over 1 year | -22.82% | -7.87% | -14.95% |
Max Drawdown (3Y)Largest decline over 3 years | -35.16% | -16.26% | -18.90% |
Max Drawdown (5Y)Largest decline over 5 years | -38.11% | -17.27% | -20.84% |
Max Drawdown (10Y)Largest decline over 10 years | -38.11% | -36.99% | -1.12% |
Current DrawdownCurrent decline from peak | -19.10% | -3.47% | -15.63% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -16.06% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.45% | 3.60% | +5.85% |
Volatility
SJM vs. KO - Volatility Comparison
The J. M. Smucker Company (SJM) has a higher volatility of 10.20% compared to The Coca-Cola Company (KO) at 7.79%. This indicates that SJM'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
| SJM | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 7.79% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 22.17% | 14.19% | +7.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.58% | 17.94% | +10.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 16.45% | +8.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.66% | 18.37% | +6.29% |
Dividends
SJM vs. KO - Dividend Comparison
SJM's dividend yield for the trailing twelve months is around 3.80%, more than KO's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.54% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
SJM The J. M. Smucker Company | 3.80% | 4.46% | 3.89% | 3.29% | 2.54% | 2.78% | 3.08% | 3.32% | 3.49% | 2.46% | 2.22% | 2.12% |
Financials
SJM vs. KO - Financials Comparison
This section allows you to compare key financial metrics between The J. M. Smucker Company 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
SJM vs. KO - Profitability Comparison
SJM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The J. M. Smucker Company reported a gross profit of 941.10M and revenue of 2.27B. Therefore, the gross margin over that period was 41.5%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
SJM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The J. M. Smucker Company reported an operating income of -542.70M and revenue of 2.27B, resulting in an operating margin of -23.9%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
SJM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The J. M. Smucker Company reported a net income of 388.10M and revenue of 2.27B, resulting in a net margin of 17.1%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
SJM and KO have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SJM has higher volatility (10.20%) compared to KO (7.79%). In terms of maximum drawdown, SJM dropped -45.67% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.14 vs 0.51), 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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