UPS vs. COP
UPS (United Parcel Service, Inc.) and COP (ConocoPhillips Company) are both stocks. UPS operates in Integrated Freight & Logistics (Industrials), while COP operates in Oil & Gas E&P (Energy). Over the past 10 years, UPS returned 4.31%/yr vs 13.66%/yr for COP. At a 0.31 correlation, their price movements are largely independent.
Performance
UPS vs. COP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UPS achieves a 12.37% return, which is significantly lower than COP's 26.87% return. Over the past 10 years, UPS has underperformed COP with an annualized return of 4.31%, while COP has yielded a comparatively higher 13.66% annualized return.
UPS
- 1D
- -0.51%
- 1M
- 11.11%
- YTD
- 12.37%
- 6M
- 10.44%
- 1Y
- 15.53%
- 3Y*
- -9.66%
- 5Y*
- -7.78%
- 10Y*
- 4.31%
COP
- 1D
- 1.40%
- 1M
- -4.44%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 24.65%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
UPS vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UPS United Parcel Service, Inc. | 12.37% | -15.93% | -15.93% | -5.96% | -16.21% | 30.02% | 48.64% | 24.24% | -15.48% | 7.14% |
COP ConocoPhillips Company | 26.87% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between UPS and COP 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 | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 1999 | 0.31 |
The correlation between UPS and COP shifts across timeframes, from -0.00 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
UPS:
$91.89B
COP:
$143.30B
UPS:
$6.18
COP:
$5.90
UPS:
17.49
COP:
19.83
UPS:
1.04
COP:
2.49
UPS:
5.83
COP:
2.22
UPS:
$88.34B
COP:
$58.31B
UPS:
$16.03B
COP:
$17.02B
UPS:
$10.63B
COP:
$22.44B
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
UPS vs. COP — Risk / Return Rank
UPS
COP
UPS vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United Parcel Service, Inc. (UPS) and ConocoPhillips Company (COP). 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.
| UPS | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.17 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.86 | -1.15 |
| Martin ratioReturn relative to average drawdown | 1.22 | 4.08 | -2.86 |
Loading charts...
Drawdowns
UPS vs. COP - Drawdown Comparison
The maximum UPS drawdown since its inception was -57.92%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for UPS and COP.
Loading charts...
Drawdown Indicators
| UPS | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.92% | -84.55% | +26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -20.28% | -14.90% | -5.38% |
Max Drawdown (3Y)Largest decline over 3 years | -50.71% | -36.19% | -14.52% |
Max Drawdown (5Y)Largest decline over 5 years | -57.92% | -36.19% | -21.73% |
Max Drawdown (10Y)Largest decline over 10 years | -57.92% | -70.66% | +12.74% |
Current DrawdownCurrent decline from peak | -42.22% | -11.92% | -30.30% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -25.49% | +10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.93% | 6.80% | +5.13% |
Volatility
UPS vs. COP - Volatility Comparison
United Parcel Service, Inc. (UPS) and ConocoPhillips Company (COP) have volatilities of 9.06% and 8.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UPS | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.06% | 8.72% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 23.05% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.72% | 29.33% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.46% | 32.80% | -4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.61% | 37.64% | -10.03% |
Dividends
UPS vs. COP - Dividend Comparison
UPS's dividend yield for the trailing twelve months is around 6.07%, more than COP's 2.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.82% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
UPS United Parcel Service, Inc. | 6.07% | 6.61% | 5.17% | 4.12% | 3.50% | 1.90% | 2.40% | 3.28% | 3.73% | 2.79% | 2.72% | 3.03% |
Financials
UPS vs. COP - Financials Comparison
This section allows you to compare key financial metrics between United Parcel Service, Inc. and ConocoPhillips 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
UPS vs. COP - Profitability Comparison
UPS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United Parcel Service, Inc. reported a gross profit of 3.60B and revenue of 21.20B. Therefore, the gross margin over that period was 17.0%.
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
UPS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United Parcel Service, Inc. reported an operating income of 1.27B and revenue of 21.20B, resulting in an operating margin of 6.0%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
UPS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United Parcel Service, Inc. reported a net income of 864.00M and revenue of 21.20B, resulting in a net margin of 4.1%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
Frequently Asked Questions
UPS and COP 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.
UPS has higher volatility (9.06%) compared to COP (8.72%). In terms of maximum drawdown, UPS dropped -57.92% vs COP's -84.55%.
COP currently has the higher Sharpe Ratio (0.95 vs 0.49), 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 UPS and COP
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