KO correlations (Coca-Cola Company (The))
Which assets move with KO and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Consumer Staples · Soft Drinks & Non-alcoholic Beverages
Volatility (ann.)
15.4%
3y weekly
Beta vs S&P 500
0.11
3y weekly
1-year return
+33.1%
price, adjusted
5-year return
+83.8%
price, adjusted
Market cap
$383.2B
latest
P/E ratio
27.0
trailing
Dividend yield
2.31%
trailing
Max drawdown
-15.5%
3y, daily closes
KO over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with KO
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLP | Consumer Staples Select Sector SPDR Fund | 0.69 | |
| CL | Colgate-Palmolive | 0.55 | |
| PEP | PepsiCo | 0.54 | |
| CCEP | Coca-Cola Europacific Partners plc | 0.53 | |
| KDP | Keurig Dr Pepper | 0.52 | |
| MDLZ | Mondelez International | 0.51 | |
| JNJ | Johnson & Johnson | 0.49 | |
| MCD | McDonald's | 0.48 | |
| NVS | Novartis AG | 0.45 | |
| CAG | ConAgra Brands, Inc. | 0.44 | |
| AMCR | Amcor | 0.44 | |
| ZTR | Virtus Total Return Fund Inc. | 0.44 | |
| ECL | Ecolab | 0.44 | |
| KHC | Kraft Heinz | 0.44 | |
| MKC | McCormick & Company | 0.43 |
Best diversifiers for KO
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from KO.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| EAF | GrafTech International Ltd. | -0.26 | |
| RDDT | -0.26 | ||
| RECT | Rectitude Holdings Ltd | -0.25 | |
| LINK | Interlink Electronics, Inc. | -0.24 | |
| OKTA | Okta, Inc. | -0.24 | |
| RBLX | Roblox Corporation | -0.23 | |
| TTD | Trade Desk (The) | -0.23 | |
| LNAI | Lunai Bioworks Inc. | -0.23 | |
| PLTR | Palantir Technologies | -0.22 | |
| FLYE | Fly-E Group, Inc. | -0.22 |
KO vs benchmarks
KO vs its peers
Get KO data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/ko.jsonCorrelations, diversifiers, beta and volatility for KO, plus one endpoint per pair. API documentation.
KO inside major ETFs
| ETF | KO weight | |
|---|---|---|
| XLP | Consumer Staples Select Sector SPDR Fund | 7.34% |
| SCHD | Schwab US Dividend Equity ETF | 4.22% |
| DGRO | iShares Core Dividend Growth ETF | 1.98% |
| VIG | Vanguard Dividend Appreciation ETF | 1.47% |
| VYM | Vanguard High Dividend Yield ETF | 1.39% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 1.28% |
| VTV | Vanguard Value ETF | 1.12% |
| DIA | SPDR Dow Jones Industrial Average ETF | 1.0% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.82% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.67% |
