XP vs. KO
XP (XP Inc.) and KO (The Coca-Cola Company) are both stocks. XP operates in Capital Markets (Financial Services), while KO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 5 years, XP returned -17.02%/yr vs 11.25%/yr for KO. At a 0.15 correlation, their price movements are largely independent.
Performance
XP vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, XP achieves a -1.06% return, which is significantly lower than KO's 15.28% return.
XP
- 1D
- 4.51%
- 1M
- -3.70%
- YTD
- -1.06%
- 6M
- -0.08%
- 1Y
- -16.23%
- 3Y*
- -8.15%
- 5Y*
- -17.02%
- 10Y*
- —
KO
- 1D
- 0.18%
- 1M
- -1.76%
- YTD
- 15.28%
- 6M
- 14.79%
- 1Y
- 18.80%
- 3Y*
- 12.38%
- 5Y*
- 11.25%
- 10Y*
- 9.48%
XP vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XP XP Inc. | -1.06% | 39.53% | -52.23% | 79.63% | -46.62% | -27.55% | 2.99% | 17.62% |
KO The Coca-Cola Company | 15.28% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 2.94% |
Correlation
The correlation between XP and KO is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2019 | 0.15 |
The correlation between XP and KO shifts across timeframes, from 0.03 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
Fundamentals
XP:
$8.40B
KO:
$343.09B
XP:
R$9.77
KO:
$3.18
XP:
8.43
KO:
25.04
XP:
0.74
KO:
3.02
XP:
2.34
KO:
6.96
XP:
1.77
KO:
10.20
XP:
R$18.65B
KO:
$49.28B
XP:
R$12.49B
KO:
$30.43B
XP:
R$6.31B
KO:
$18.35B
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Return for Risk
XP vs. KO — Risk / Return Rank
XP
KO
XP vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XP Inc. (XP) 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.
| XP | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.20 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 2.40 | -2.88 |
| Martin ratioReturn relative to average drawdown | -1.05 | 4.77 | -5.82 |
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Drawdowns
XP vs. KO - Drawdown Comparison
The maximum XP drawdown since its inception was -79.19%, which is greater than KO's maximum drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for XP and KO.
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Drawdown Indicators
| XP | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.19% | -68.23% | -10.96% |
Max Drawdown (1Y)Largest decline over 1 year | -34.06% | -7.87% | -26.19% |
Max Drawdown (3Y)Largest decline over 3 years | -56.64% | -16.26% | -40.38% |
Max Drawdown (5Y)Largest decline over 5 years | -79.19% | -17.27% | -61.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.99% | — |
Current DrawdownCurrent decline from peak | -64.49% | -4.24% | -60.25% |
Average DrawdownAverage peak-to-trough decline | -47.06% | -16.08% | -30.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.48% | 3.95% | +11.53% |
Volatility
XP vs. KO - Volatility Comparison
XP Inc. (XP) has a higher volatility of 12.19% compared to The Coca-Cola Company (KO) at 6.87%. This indicates that XP'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
| XP | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.19% | 6.87% | +5.32% |
Volatility (6M)Calculated over the trailing 6-month period | 35.54% | 12.72% | +22.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.91% | 16.75% | +29.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.75% | 16.16% | +33.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.30% | 18.25% | +39.05% |
Dividends
XP vs. KO - Dividend Comparison
XP's dividend yield for the trailing twelve months is around 2.38%, less than KO's 2.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.62% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
XP XP Inc. | 2.38% | 1.10% | 5.49% | 5.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
XP vs. KO - Financials Comparison
This section allows you to compare key financial metrics between XP Inc. 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
XP vs. KO - Profitability Comparison
XP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, XP Inc. reported a gross profit of 3.04B and revenue of 4.62B. Therefore, the gross margin over that period was 65.8%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
XP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, XP Inc. reported an operating income of 1.41B and revenue of 4.62B, resulting in an operating margin of 30.6%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
XP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, XP Inc. reported a net income of 1.29B and revenue of 4.62B, resulting in a net margin of 27.9%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
XP and KO 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.
XP has higher volatility (12.19%) compared to KO (6.87%). In terms of maximum drawdown, XP dropped -79.19% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.13 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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