WEN vs. KO
WEN (The Wendy's Company) and KO (The Coca-Cola Company) are both stocks. WEN operates in Restaurants (Consumer Cyclical), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, WEN returned 1.37%/yr vs 9.78%/yr for KO. At a 0.19 correlation, their price movements are largely independent.
Performance
WEN vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, WEN achieves a -2.48% return, which is significantly lower than KO's 23.10% return. Over the past 10 years, WEN has underperformed KO with an annualized return of 1.37%, while KO has yielded a comparatively higher 9.78% annualized return.
WEN
- 1D
- 5.10%
- 1M
- 15.66%
- 6M
- -4.88%
- YTD
- -2.48%
- 1Y
- -19.90%
- 3Y*
- -24.04%
- 5Y*
- -14.81%
- 10Y*
- 1.37%
KO
- 1D
- 3.00%
- 1M
- 5.78%
- 6M
- 22.10%
- YTD
- 23.10%
- 1Y
- 26.06%
- 3Y*
- 15.11%
- 5Y*
- 11.79%
- 10Y*
- 9.78%
WEN vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WEN The Wendy's Company | -2.48% | -45.81% | -11.45% | -9.65% | -2.77% | 10.98% | 0.07% | 45.34% | -3.02% | 23.78% |
KO The Coca-Cola Company | 23.10% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between WEN and KO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 1992 | 0.19 |
The correlation between WEN and KO shifts across timeframes, from 0.10 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WEN:
$1.49B
KO:
$365.37B
WEN:
$1.34
KO:
$3.18
WEN:
5.83
KO:
26.74
WEN:
0.53
KO:
7.43
WEN:
$1.88B
KO:
$49.28B
WEN:
$467.83M
KO:
$30.43B
WEN:
$438.11M
KO:
$18.35B
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Return for Risk
WEN vs. KO — Risk / Return Rank
WEN
KO
WEN vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Wendy's Company (WEN) 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.
| WEN | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.26 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 3.33 | -3.81 |
| Martin ratioReturn relative to average drawdown | -0.76 | 7.27 | -8.03 |
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Drawdowns
WEN vs. KO - Drawdown Comparison
The maximum WEN drawdown since its inception was -84.54%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for WEN and KO.
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Drawdown Indicators
| WEN | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.54% | -68.23% | -16.31% |
Max Drawdown (1Y)Largest decline over 1 year | -41.73% | -7.87% | -33.86% |
Max Drawdown (3Y)Largest decline over 3 years | -66.27% | -16.26% | -50.01% |
Max Drawdown (5Y)Largest decline over 5 years | -68.72% | -17.27% | -51.45% |
Max Drawdown (10Y)Largest decline over 10 years | -72.94% | -36.99% | -35.95% |
Current DrawdownCurrent decline from peak | -65.66% | 0.00% | -65.66% |
Average DrawdownAverage peak-to-trough decline | -34.43% | -16.07% | -18.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.08% | 3.60% | +22.48% |
Volatility
WEN vs. KO - Volatility Comparison
The Wendy's Company (WEN) has a higher volatility of 31.44% compared to The Coca-Cola Company (KO) at 6.61%. This indicates that WEN'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
| WEN | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.44% | 6.61% | +24.83% |
Volatility (6M)Calculated over the trailing 6-month period | 47.16% | 13.62% | +33.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.89% | 17.60% | +37.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.28% | 16.36% | +17.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.69% | 18.32% | +20.37% |
Dividends
WEN vs. KO - Dividend Comparison
WEN's dividend yield for the trailing twelve months is around 7.15%, more than KO's 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.45% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
WEN The Wendy's Company | 7.15% | 8.04% | 6.13% | 5.13% | 2.21% | 1.80% | 1.32% | 1.89% | 2.18% | 1.71% | 1.81% | 2.09% |
Financials
WEN vs. KO - Financials Comparison
This section allows you to compare key financial metrics between The Wendy's 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
WEN vs. KO - Profitability Comparison
WEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Wendy's Company reported a gross profit of 24.45M and revenue of 225.50M. Therefore, the gross margin over that period was 10.8%.
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%.
WEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Wendy's Company reported an operating income of -5.08M and revenue of 225.50M, resulting in an operating margin of -2.3%.
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%.
WEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Wendy's Company reported a net income of 45.62M and revenue of 225.50M, resulting in a net margin of 20.2%.
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
WEN and KO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEN has higher volatility (31.44%) compared to KO (6.61%). In terms of maximum drawdown, WEN dropped -84.54% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.49 vs -0.36), 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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