SMID vs. COKE
SMID (Smith-Midland Corporation) and COKE (Coca-Cola Consolidated, Inc.) are both stocks. SMID operates in Building Materials (Basic Materials), while COKE operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, SMID returned 26.67%/yr vs 29.83%/yr for COKE. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
SMID vs. COKE - Performance Comparison
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Returns By Period
In the year-to-date period, SMID achieves a -24.19% return, which is significantly lower than COKE's 18.43% return. Over the past 10 years, SMID has underperformed COKE with an annualized return of 26.67%, while COKE has yielded a comparatively higher 29.83% annualized return.
SMID
- 1D
- 1.53%
- 1M
- -7.24%
- 6M
- -24.25%
- YTD
- -24.19%
- 1Y
- -22.20%
- 3Y*
- 4.20%
- 5Y*
- 9.49%
- 10Y*
- 26.67%
- ALL TIME*
- 22.84%
COKE
- 1D
- -3.80%
- 1M
- -7.47%
- 6M
- 17.78%
- YTD
- 18.43%
- 1Y
- 61.83%
- 3Y*
- 39.14%
- 5Y*
- 37.45%
- 10Y*
- 29.83%
- ALL TIME*
- 14.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.28M | $95.65M | $108.10M | |
| $490.76K | $444.27K | $423.75K |
SMID vs. COKE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMID Smith-Midland Corporation | -24.19% | -18.26% | 12.56% | 92.68% | -56.38% | 397.35% | 57.50% | -18.98% | 9.99% | 29.02% |
COKE Coca-Cola Consolidated, Inc. | 18.43% | 22.63% | 38.75% | 82.92% | -17.09% | 133.24% | -5.87% | 60.74% | -17.10% | 20.94% |
Correlation
The correlation between SMID and COKE is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.05 |
Fundamentals
SMID:
$146.20M
COKE:
$14.20B
SMID:
$4.71
COKE:
$7.32
SMID:
5.84
COKE:
24.70
SMID:
0.03
COKE:
0.51
SMID:
0.78
COKE:
1.91
SMID:
$93.45M
COKE:
$7.49B
SMID:
$26.04M
COKE:
$2.95B
SMID:
$19.01M
COKE:
$1.10B
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Return for Risk
SMID vs. COKE — Risk / Return Rank
SMID
COKE
SMID vs. COKE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) and Coca-Cola Consolidated, Inc. (COKE). 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.
| SMID | COKE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.38 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.31 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 2.53 | -3.10 |
| Martin ratioReturn relative to average drawdown | -1.00 | 6.22 | -7.22 |
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Drawdowns
SMID vs. COKE - Drawdown Comparison
The maximum SMID drawdown since its inception was -72.37%, which is greater than COKE's maximum drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for SMID and COKE.
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Drawdown Indicators
| SMID | COKE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.37% | -54.32% | -18.05% |
Max Drawdown (1Y)Largest decline over 1 year | -39.29% | -24.56% | -14.73% |
Max Drawdown (3Y)Largest decline over 3 years | -48.85% | -27.38% | -21.47% |
Max Drawdown (5Y)Largest decline over 5 years | -72.37% | -35.52% | -36.85% |
Max Drawdown (10Y)Largest decline over 10 years | -72.37% | -51.71% | -20.66% |
Current DrawdownCurrent decline from peak | -44.93% | -16.44% | -28.49% |
Average DrawdownAverage peak-to-trough decline | -27.70% | -18.86% | -8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.13% | 9.97% | +12.16% |
Volatility
SMID vs. COKE - Volatility Comparison
The current volatility for Smith-Midland Corporation (SMID) is 10.24%, while Coca-Cola Consolidated, Inc. (COKE) has a volatility of 11.57%. This indicates that SMID experiences smaller price fluctuations and is considered to be less risky than COKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMID | COKE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 11.57% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 42.47% | 31.83% | +10.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.72% | 35.70% | +19.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.96% | 37.80% | +26.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.52% | 37.30% | +17.22% |
Dividends
SMID vs. COKE - Dividend Comparison
SMID has not paid dividends to shareholders, while COKE's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 0.55% | 0.65% | 1.59% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% |
SMID Smith-Midland Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 0.74% | 0.73% | 0.19% | 0.00% |
Financials
SMID vs. COKE - Financials Comparison
This section allows you to compare key financial metrics between Smith-Midland Corporation and Coca-Cola Consolidated, 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
SMID vs. COKE - Profitability Comparison
SMID - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.
COKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Coca-Cola Consolidated, Inc. reported a gross profit of 727.08M and revenue of 1.85B. Therefore, the gross margin over that period was 39.4%.
SMID - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.
COKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Coca-Cola Consolidated, Inc. reported an operating income of 237.52M and revenue of 1.85B, resulting in an operating margin of 12.9%.
SMID - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.
COKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Coca-Cola Consolidated, Inc. reported a net income of 111.56M and revenue of 1.85B, resulting in a net margin of 6.0%.
Frequently Asked Questions
SMID and COKE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COKE has higher volatility (11.57%) compared to SMID (10.24%). In terms of maximum drawdown, SMID dropped -72.37% vs COKE's -54.32%.
COKE currently has the higher Sharpe Ratio (1.74 vs -0.41), 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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