Figures as of the Nov 13, 2026 close. Updated after each trading day. Not a recommendation or a forecast.
From Nov 13, 2025 to the Nov 13, 2026 close, $1,000 in Coca-Cola (KO) became $1,434 and $1,000 in PepsiCo (PEP) became $1,044, with dividends reinvested.
From Nov 13, 2025 to Nov 13, 2026, Coca-Cola grew 43.4% a year and PepsiCo grew 4.4%. The higher rate, Coca-Cola's, came with narrower daily swings. Volatility was 18.9% for Coca-Cola and 21.7% for PepsiCo. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.
Sharpe ratios were 2.03 for Coca-Cola and −0.03 for PepsiCo. A Sharpe ratio below zero means the yearly return was under 5%. Over the same dates, the price record shows deepest falls of 7.9% for Coca-Cola and 25.2% for PepsiCo.
From Nov 14, 2025 to Nov 13, 2026, betas to the S&P 500 were −0.24 for Coca-Cola and −0.20 for PepsiCo.
The $1,000 in Coca-Cola and the $1,000 in PepsiCo swapped places 2 times at month ends. The latest swap came at the end of Apr 2026. Since then, the $1,000 in Coca-Cola has been worth more at every month end. Across all 13 month ends, Coca-Cola's value was the higher one at 9 and PepsiCo's at 4.
At the end of Oct 2026, $1,000 had become $1,359 in Coca-Cola and $985 in PepsiCo. In relative terms, that was the widest gap between them at any month end. Neither the $1,000 in Coca-Cola nor the $1,000 in PepsiCo reached $2,000 at a month end.
The highest month-end values were $1,434 for Coca-Cola (Nov 2026) and $1,182 for PepsiCo (Feb 2026).
Every row ends at the Nov 13, 2026 close. The "a year" columns give the yearly rate from each start date. The yearly rates were furthest apart over the last year. Over that span, Coca-Cola grew 43.4% a year and PepsiCo grew 4.4%.
The rates were closest over the full span since Jun 1972: 11.3% for Coca-Cola and 11.6% for PepsiCo.
Coca-Cola's rate over the last year, 43.4%, was above its 10-year rate of 12.6%. PepsiCo's last-year rate, 4.4%, was below its 10-year rate of 6.9%. In every row, $1,000 in Coca-Cola and $1,000 in PepsiCo both ended above $1,000.
| Period | $1,000 in Coca-Cola | $1,000 in PepsiCo | Coca-Cola a year | PepsiCo a year |
|---|---|---|---|---|
| Since both startedfrom Jun 1, 1972 | $347,580 | $396,557 | 11.3% | 11.6% |
| Last 20 yearsfrom Nov 13, 2006 | $7,841 | $4,278 | 10.8% | 7.5% |
| Last 10 yearsfrom Nov 14, 2016 | $3,287 | $1,955 | 12.6% | 6.9% |
| Last 5 yearsfrom Nov 12, 2021 | $2,030 | $1,052 | 15.2% | 1.0% |
| Last yearfrom Nov 13, 2025 | $1,434 | $1,044 | 43.4% | 4.4% |
At the Nov 13, 2026 close, Coca-Cola was at its month-end high. At the same close, PepsiCo was 11.7% below its Feb 2026 month-end high. On daily closes, the deepest falls of Coca-Cola and PepsiCo came in the same stretch. Coca-Cola fell 7.9% from Feb 27, 2026 to Apr 22, 2026.
PepsiCo fell 25.2% from Feb 6, 2026 to Oct 7, 2026. Coca-Cola closed back at its old high on May 18, 2026, within a month after the low. PepsiCo had not closed back at its old high by Nov 13, 2026, 1 month after the low. Coca-Cola was 20% or more below its high at 0 of 13 month ends.
PepsiCo was 20% or more below its high at 1.
This page tracks four S&P 500 falls: dot-com, 2008, COVID and 2022. All four lie outside the Coca-Cola and PepsiCo dates, from Nov 13, 2025 to Nov 13, 2026.
No full calendar year lies from Nov 13, 2025 to Nov 13, 2026, so there are no yearly bars yet for Coca-Cola and PepsiCo.
These counts cover 11 full months, Dec 2025 to Oct 2026. Coca-Cola rose in 8 of them and PepsiCo in 6. Both rose in 6, both fell in 3, and in 2 one rose while the other fell. Coca-Cola's largest monthly fall was −6.1% in Mar 2026, and PepsiCo's −9.0% in May 2026.
Coca-Cola's largest monthly rise was +9.3% in Oct 2026, and PepsiCo's +10.5% in Feb 2026. Coca-Cola's longest run of falling months was 1, ending in Dec 2025. PepsiCo's longest run of falling months was 2, ending in Jun 2026.
The latest cell is a part month, from the Oct 30, 2026 close to the Nov 13, 2026 close. Over those days, Coca-Cola changed +5.5% and PepsiCo +5.9%.
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.0 | +9.0 | −6.1 | +3.6 | +0.3 | +3.5 | +7.8 | +1.2 | −2.3 | +9.3 | +5.5 | |
| 2025 | −3.7 |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.0 | +10.5 | −7.7 | +2.1 | −9.0 | −5.1 | +3.1 | +0.6 | −8.7 | +8.4 | +5.9 | |
| 2025 | −2.6 |
The rolling 1-year return is the change over the 12 months to each month end. From Nov 2026 to Nov 2026, Coca-Cola's rolling 1-year return ran from +39.3% (12 months to Nov 2026) to +39.3% (to Nov 2026). Over the same months, PepsiCo's ran from +1.7% (12 months to Nov 2026) to +1.7% (to Nov 2026).
Neither Coca-Cola nor PepsiCo had a 12-month loss at any of those 1 month ends. Coca-Cola's 12-month change was the higher of the two at every one of those 1 month ends.
These measures cover Nov 13, 2025 to Nov 13, 2026. Over those dates, volatility was 18.9% for Coca-Cola and 21.7% for PepsiCo. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 3.48 for Coca-Cola and −0.05 for PepsiCo. The Calmar ratio is the yearly return divided by the deepest fall.
Calmar ratios were 5.51 for Coca-Cola and 0.17 for PepsiCo.
Beta shows how much Coca-Cola and PepsiCo tended to move on the days the S&P 500 (SPY) moved. A beta of 1 means moving by the same amount as the index. From Nov 14, 2025 to Nov 13, 2026, Coca-Cola's beta was −0.24 and PepsiCo's −0.20. By that measure, both tended to move against the index on the same day.
The correlation of Coca-Cola's and PepsiCo's daily moves was 0.62, a partial link. A correlation of 1 would mean they always moved together, 0 no link and −1 always opposite.
| Measure | Coca-Cola | PepsiCo |
|---|---|---|
| Volatility, a year | 18.9% | 21.7% |
| Sharpe ratio | 2.03 | −0.03 |
| Sortino ratio | 3.48 | −0.05 |
| Calmar ratio | 5.51 | 0.17 |
| Deepest fall | 7.9% | 25.2% |
| Beta to the S&P 500from Nov 14, 2025 | −0.24 | −0.20 |
| Upside capturemonths from Dec 2016 | 61% | 53% |
| Downside capturemonths from Dec 2016 | 30% | 52% |
| Biggest one-day rise | +5.00%Jul 28, 2026 | +4.93%Feb 3, 2026 |
| Biggest one-day fall | −3.96%Jul 17, 2026 | −3.37%May 11, 2026 |
| Price against its 50-day average | +9.4% | +8.8% |
| Price against its 200-day average | +20.1% | +1.2% |
| Correlation of daily movesfrom Nov 14, 2025 | 0.62 | |
What Coca-Cola and PepsiCo do, from each company's latest annual report filed with the US Securities and Exchange Commission.
The Coca-Cola Company sells beverages and describes itself in its annual report as a total beverage company. Its products are sold in more than 200 countries and territories. It groups its brands into Trademark Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, value-added dairy and plant-based beverages; and emerging beverages.
The company reports that a significant portion of its revenue comes from selling concentrates and syrups to independent bottling partners. Its operating segments are EMEA, Latin America, North America, Asia Pacific and Bottling Investments. It was incorporated in Delaware in September 1919 and succeeded a Georgia corporation of the same name organized in 1892. Its headquarters is in Atlanta, Georgia.
Its fiscal year ends on December 31.
Source: 10-K (fiscal 2025, ended December 31, 2025), filed Feb 20, 2026 (SEC EDGAR)
PepsiCo, Inc. makes, markets, distributes and sells beverages and convenient foods. Its brands include Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. The company sells through its own operations, authorized bottlers, contract manufacturers and other third parties.
It reports six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods. PepsiCo was incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986. Its principal executive offices are in Purchase, New York.
Its fiscal year ends on the last Saturday of December, so fiscal 2025 ended on December 27, 2025.
Source: 10-K (fiscal 2025, ended December 27, 2025), filed Feb 3, 2026 (SEC EDGAR)
It depends on the period. Coca-Cola had the higher total return over the last 20, 10 and 5 years and the last year. PepsiCo had the higher total return over the full span since Jun 1972. From Jun 1, 1972 to the Nov 13, 2026 close, Coca-Cola returned +34,658% in total and PepsiCo +39,556%.
Both include reinvested dividends, before taxes and fees. Over the last 10 years, Coca-Cola returned +229% and PepsiCo +95.5%. Over the last 5 years, Coca-Cola returned +103% and PepsiCo +5.2%. Over the last year, Coca-Cola returned +43.4% and PepsiCo +4.4%. None of these Coca-Cola and PepsiCo figures is a forecast.
SmartFin does not say which to buy. This page reports what Coca-Cola and PepsiCo prices did. From Nov 13, 2025 to Nov 13, 2026, Coca-Cola grew 43.4% a year and PepsiCo grew 4.4%. The record shows deepest falls of 7.9% for Coca-Cola and 25.2% for PepsiCo. Past returns for Coca-Cola and PepsiCo do not show what either will do next.
Yes. Every KO and PEP figure here uses closing prices adjusted for stock splits and dividends, so dividends count as reinvested. Taxes, fees and trading costs are left out of the Coca-Cola and PepsiCo figures.
At the Nov 13, 2026 close, Coca-Cola was at its highest month-end value. At the same close, PepsiCo was 11.7% below its highest month-end value, set in Feb 2026. Coca-Cola's deepest fall on daily closes was 7.9%, from Feb 2026 to Apr 2026. PepsiCo's deepest fall was 25.2%, from Feb 2026 to Oct 2026.
Compare Coca-Cola and PepsiCo with your own amount and dates in Compare Two Stocks
Daily closing prices adjusted for stock splits, with dividends reinvested, before taxes and fees. Both amounts are invested at the same close and valued at the Nov 13, 2026 close. See also: What if you invested in Coca-Cola · What if you invested in PepsiCo.
This page presents historical market data and calculated results for a defined period. It is not a recommendation to buy, sell, or hold the security, fund, or index shown. Past performance is not indicative of future results.