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Relative Intelligence · Household & Personal Products

How Colgate-Palmolive (CL) compares with the whole market and its popular alternatives

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on CL alone. It places CL (Colgate-Palmolive Company) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where CL stands in the market, and of the alternatives worth a closer look.

Period covered: CL's full trading record, from October 1986 through September 2026. All returns include reinvested dividends. Data as of October 20, 2026.

Data as of October 20, 2026. Full tables and charts read best on a larger screen.

On this page12 sections

Key findings

How much would $10,000 in CL have grown?

This chart tracks a hypothetical $10,000 investment in CL over the past 29 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of CL over the same span and CL's popular alternatives, among those that traded for the entire period. A second view covers the past 5 years, the period the better options further down the page are judged on. It shows not only where each investment ended up but also how smooth or uneven the path was.

Choose a period

From the end of September 1997 to the end of September 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 572 of the 1,042 stocks and funds worth at least $500 million that traded the whole period ended ahead of CL; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$10,000$100,000$1M199720022007201220172022$10,000$100,000$1M19972004201120182025
  • IDXX$1M+12,363% total · +18.1% a year
  • IPAR$725,262+7,153% total · +15.9% a year
  • CHD$554,277+5,443% total · +14.8% a year
  • WMT$272,033+2,620% total · +12.1% a year
  • TGT$184,797+1,748% total · +10.6% a year
  • SPY (S&P 500)$132,907+1,229% total · +9.3% a year
  • CL$89,873+799% total · +7.9% a year
  • PG$87,839+778% total · +7.8% a year
  • UL$84,946+749% total · +7.7% a year
  • HELE$13,878+38.8% total · +1.1% a year
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From the end of September 2021 to the end of September 2026. Hover over a fund in the key to pick out its line. 1,999 of the 3,628 stocks and funds worth at least $500 million that traded the whole period ended ahead of CL; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$0$5,000$10,000$15,000$20,000$25,000$30,000$35,000202120222023202420252026$0$10,000$20,000$30,000$40,000202120222023202420252026
  • WMT$23,813+138% total · +18.9% a year
  • LVHI$21,792+118% total · +16.9% a year
  • SPY (S&P 500)$19,000+90.0% total · +13.7% a year
  • KO$18,994+89.9% total · +13.7% a year
  • JNJ$18,849+88.5% total · +13.5% a year
  • IWD$17,414+74.1% total · +11.7% a year
  • IPAR$16,792+67.9% total · +10.9% a year
  • SCHD$15,708+57.1% total · +9.5% a year
  • CL$12,718+27.2% total · +4.9% a year
  • TGT$8,005−20.0% total · −4.4% a year
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CL at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout. These figures serve as the baseline for every comparison that follows.

The company

Market value
$75B
Industry
Household & Personal Products
Price history from
October 1986

Returns

Past 1 year
+22.9%total return
Past 3 years
+38.3%+11.4% a year
Past 5 years
+41.8%+7.2% a year
Past 10 years
+68.8%+5.4% a year
Best calendar year
+62.3%1997
Worst calendar year
−19.2%2018
Losing years
8 of 29full calendar years

Risk

Volatility
19.2%typical yearly swing, 5 years
Sharpe ratio
0.46return per unit of risk, 5 years
Worst decline ever
−34.0%Dec 1999 to Mar 2000
From its all-time high
−8.4%below the peak

CL against the whole market

Where CL ranks among every stock and fund, and what across the market has done better.

How does CL rank among all stocks?

This section ranks CL on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history. Where the comparisons with its popular alternatives show how CL stacks up against its peers, these rankings show where it stands in the market as a whole.

Ranked against U.S.-listed stocks worth at least $300M that have enough history for each measure, so the count changes from row to row; smaller stocks are left out. Lower volatility and smaller declines rank higher.

MeasureCLRankStanding
1-year return+22.9%1,157 of 3,287top 35%
3-year return+38.3%1,725 of 3,017bottom 44%
5-year return+41.8%1,190 of 2,893top 41%
10-year return+68.8%1,482 of 2,202bottom 34%
Volatility, 5 years19.2%74 of 2,893top 3%
Sharpe ratio, 5 years0.461,044 of 2,893top 36%
Worst decline, past 10 years−29.0%12 of 2,187top 1%

What has beaten CL on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer). CL sits where the dashed lines cross. Anything in the green box above and to the left earned more than CL with smaller swings, a better trade-off over this period on both counts. Past results are no promise, but a name in the box is worth a closer look.

Annual return is the annualized total return with dividends reinvested, and volatility the annualized swing in daily prices, both over 5 years. Labeled dots are the strongest picks from the table below and the names called out above, colored by how close they sit to CL; faint dots are 93 more of the 294 in the green region (the strongest, one per fund family). 3,633 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.

2.5%5.0%7.5%10.0%12.5%15.0%17.5%20.0%5.0%7.5%10.0%12.5%15.0%17.5%20.0%22.5%25.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than CLXLV: +8.4% a year, volatility 15.3%HDV: +12.9% a year, volatility 13.0%AVDV: +13.9% a year, volatility 17.4%COWZ: +11.4% a year, volatility 17.7%PJUL: +10.5% a year, volatility 8.6%FJAN: +11.1% a year, volatility 10.5%JQUA: +13.6% a year, volatility 15.7%AVLV: +14.0% a year, volatility 16.9%IWX: +12.7% a year, volatility 13.8%FTGC: +12.9% a year, volatility 15.6%BUFR: +9.9% a year, volatility 10.5%DIVB: +13.9% a year, volatility 15.4%VFMF: +14.3% a year, volatility 17.6%DBMF: +9.8% a year, volatility 12.4%PPH: +11.6% a year, volatility 15.8%FTXH: +11.9% a year, volatility 16.9%EWJV: +14.9% a year, volatility 18.2%FYLD: +13.1% a year, volatility 16.0%FTLS: +10.2% a year, volatility 10.4%CMDY: +9.5% a year, volatility 15.7%ACIO: +9.3% a year, volatility 11.1%PJP: +11.2% a year, volatility 16.6%SCHY: +9.5% a year, volatility 13.3%VOO: +12.8% a year, volatility 16.9%BRK-B: +13.4% a year, volatility 17.1%FFLC: +15.7% a year, volatility 16.8%INFL: +11.8% a year, volatility 17.8%TDVG: +9.6% a year, volatility 13.8%FTQI: +11.5% a year, volatility 14.8%FLSP: +8.4% a year, volatility 13.4%SIXH: +10.2% a year, volatility 10.2%VSLU: +13.7% a year, volatility 16.2%VXUS: +8.2% a year, volatility 16.4%SSUS: +10.5% a year, volatility 15.4%VEA: +9.3% a year, volatility 16.9%VIG: +10.4% a year, volatility 14.1%EPD: +16.4% a year, volatility 17.1%VT: +10.3% a year, volatility 16.2%RSP: +8.2% a year, volatility 16.1%DYNF: +14.7% a year, volatility 17.5%QUAL: +11.4% a year, volatility 17.3%EFV: +13.6% a year, volatility 15.9%FNDF: +13.6% a year, volatility 16.3%VOE: +9.4% a year, volatility 15.8%XLI: +11.5% a year, volatility 17.6%FTS: +8.4% a year, volatility 16.4%SPHQ: +12.0% a year, volatility 16.7%MGV: +12.6% a year, volatility 13.4%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%IOO: +15.7% a year, volatility 17.2%FDL: +13.9% a year, volatility 14.4%BBCA: +11.4% a year, volatility 16.7%DIVO: +11.1% a year, volatility 11.9%IGF: +9.0% a year, volatility 13.9%FNDE: +9.8% a year, volatility 17.0%QYLD: +8.4% a year, volatility 15.0%EMLP: +14.9% a year, volatility 14.5%USMC: +14.1% a year, volatility 16.4%GCOW: +14.1% a year, volatility 13.6%IDMO: +13.3% a year, volatility 18.2%OMFL: +9.0% a year, volatility 16.4%PTLC: +9.5% a year, volatility 11.8%DEM: +9.6% a year, volatility 15.5%WTV: +13.4% a year, volatility 17.0%DIVI: +13.4% a year, volatility 15.5%EQWL: +11.6% a year, volatility 15.0%AOA: +8.6% a year, volatility 13.1%MLPA: +15.2% a year, volatility 17.2%HFXI: +11.4% a year, volatility 15.3%DSTL: +11.3% a year, volatility 16.1%DDWM: +12.3% a year, volatility 13.4%DHS: +12.0% a year, volatility 13.9%RODM: +10.6% a year, volatility 13.5%FGD: +11.6% a year, volatility 14.8%RLY: +9.9% a year, volatility 13.3%RAAX: +11.7% a year, volatility 15.6%DBA: +10.7% a year, volatility 13.8%RDIV: +12.2% a year, volatility 17.3%EDIV: +11.2% a year, volatility 13.8%TPYP: +16.9% a year, volatility 17.3%AUSF: +13.2% a year, volatility 13.6%EXI: +10.6% a year, volatility 17.3%PTNQ: +9.7% a year, volatility 14.1%HLAL: +14.0% a year, volatility 18.0%EQL: +13.5% a year, volatility 14.5%JVAL: +12.0% a year, volatility 17.2%ROUS: +12.3% a year, volatility 14.4%IDHQ: +10.0% a year, volatility 17.9%FDRR: +12.6% a year, volatility 15.0%DBEU: +11.2% a year, volatility 14.4%IDOG: +14.1% a year, volatility 15.6%QDEF: +12.7% a year, volatility 13.7%CL: +7.2% a year, volatility 19.2%SPY (S&P 500): +12.7% a year, volatility 17.1%JNJ: +12.7% a year, volatility 17.9%LVHI: +17.0% a year, volatility 11.1%KO: +14.7% a year, volatility 16.8%SCHD: +9.7% a year, volatility 14.3%IWD: +11.4% a year, volatility 14.7%MPLX: +23.5% a year, volatility 18.8%DFAC: +11.4% a year, volatility 17.0%BALT: +6.3% a year, volatility 3.3%RY: +17.3% a year, volatility 18.2%CLSPY (S&P 500)LVHIKOSCHDIWDMPLXDFACBALTRY0.0%5.0%10.0%15.0%20.0%5.0%10.0%15.0%20.0%25.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than CLXLV: +8.4% a year, volatility 15.3%HDV: +12.9% a year, volatility 13.0%AVDV: +13.9% a year, volatility 17.4%COWZ: +11.4% a year, volatility 17.7%PJUL: +10.5% a year, volatility 8.6%FJAN: +11.1% a year, volatility 10.5%JQUA: +13.6% a year, volatility 15.7%AVLV: +14.0% a year, volatility 16.9%IWX: +12.7% a year, volatility 13.8%FTGC: +12.9% a year, volatility 15.6%BUFR: +9.9% a year, volatility 10.5%DIVB: +13.9% a year, volatility 15.4%VFMF: +14.3% a year, volatility 17.6%DBMF: +9.8% a year, volatility 12.4%PPH: +11.6% a year, volatility 15.8%FTXH: +11.9% a year, volatility 16.9%EWJV: +14.9% a year, volatility 18.2%FYLD: +13.1% a year, volatility 16.0%FTLS: +10.2% a year, volatility 10.4%CMDY: +9.5% a year, volatility 15.7%ACIO: +9.3% a year, volatility 11.1%PJP: +11.2% a year, volatility 16.6%SCHY: +9.5% a year, volatility 13.3%VOO: +12.8% a year, volatility 16.9%BRK-B: +13.4% a year, volatility 17.1%FFLC: +15.7% a year, volatility 16.8%INFL: +11.8% a year, volatility 17.8%TDVG: +9.6% a year, volatility 13.8%FTQI: +11.5% a year, volatility 14.8%FLSP: +8.4% a year, volatility 13.4%SIXH: +10.2% a year, volatility 10.2%VSLU: +13.7% a year, volatility 16.2%VXUS: +8.2% a year, volatility 16.4%SSUS: +10.5% a year, volatility 15.4%VEA: +9.3% a year, volatility 16.9%VIG: +10.4% a year, volatility 14.1%EPD: +16.4% a year, volatility 17.1%VT: +10.3% a year, volatility 16.2%RSP: +8.2% a year, volatility 16.1%DYNF: +14.7% a year, volatility 17.5%QUAL: +11.4% a year, volatility 17.3%EFV: +13.6% a year, volatility 15.9%FNDF: +13.6% a year, volatility 16.3%VOE: +9.4% a year, volatility 15.8%XLI: +11.5% a year, volatility 17.6%FTS: +8.4% a year, volatility 16.4%SPHQ: +12.0% a year, volatility 16.7%MGV: +12.6% a year, volatility 13.4%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%IOO: +15.7% a year, volatility 17.2%FDL: +13.9% a year, volatility 14.4%BBCA: +11.4% a year, volatility 16.7%DIVO: +11.1% a year, volatility 11.9%IGF: +9.0% a year, volatility 13.9%FNDE: +9.8% a year, volatility 17.0%QYLD: +8.4% a year, volatility 15.0%EMLP: +14.9% a year, volatility 14.5%USMC: +14.1% a year, volatility 16.4%GCOW: +14.1% a year, volatility 13.6%IDMO: +13.3% a year, volatility 18.2%OMFL: +9.0% a year, volatility 16.4%PTLC: +9.5% a year, volatility 11.8%DEM: +9.6% a year, volatility 15.5%WTV: +13.4% a year, volatility 17.0%DIVI: +13.4% a year, volatility 15.5%EQWL: +11.6% a year, volatility 15.0%AOA: +8.6% a year, volatility 13.1%MLPA: +15.2% a year, volatility 17.2%HFXI: +11.4% a year, volatility 15.3%DSTL: +11.3% a year, volatility 16.1%DDWM: +12.3% a year, volatility 13.4%DHS: +12.0% a year, volatility 13.9%RODM: +10.6% a year, volatility 13.5%FGD: +11.6% a year, volatility 14.8%RLY: +9.9% a year, volatility 13.3%RAAX: +11.7% a year, volatility 15.6%DBA: +10.7% a year, volatility 13.8%RDIV: +12.2% a year, volatility 17.3%EDIV: +11.2% a year, volatility 13.8%TPYP: +16.9% a year, volatility 17.3%AUSF: +13.2% a year, volatility 13.6%EXI: +10.6% a year, volatility 17.3%PTNQ: +9.7% a year, volatility 14.1%HLAL: +14.0% a year, volatility 18.0%EQL: +13.5% a year, volatility 14.5%JVAL: +12.0% a year, volatility 17.2%ROUS: +12.3% a year, volatility 14.4%IDHQ: +10.0% a year, volatility 17.9%FDRR: +12.6% a year, volatility 15.0%DBEU: +11.2% a year, volatility 14.4%IDOG: +14.1% a year, volatility 15.6%QDEF: +12.7% a year, volatility 13.7%CL: +7.2% a year, volatility 19.2%SPY (S&P 500): +12.7% a year, volatility 17.1%JNJ: +12.7% a year, volatility 17.9%LVHI: +17.0% a year, volatility 11.1%KO: +14.7% a year, volatility 16.8%SCHD: +9.7% a year, volatility 14.3%IWD: +11.4% a year, volatility 14.7%MPLX: +23.5% a year, volatility 18.8%DFAC: +11.4% a year, volatility 17.0%BALT: +6.3% a year, volatility 3.3%RY: +17.3% a year, volatility 18.2%CLSPY (S&P 500)JNJLVHIKOSCHDIWDMPLXDFACBALTRY
  • Popular alternatives
  • The whole market
  • Others in the green region
  • 1 with more than 1.6× CL's volatility is in the table only

Is there a better investment than CL?

Investments that beat CL over the past 5 years on return, volatility, drawdowns, consistency, crash losses or fees, from its popular alternatives out to the whole market.

How this works

The table below lists investments that beat CL over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes. It checks CL's popular alternatives first, then the rest of its own and neighboring categories, then every stock and fund worth at least $500 million, and shows the strongest few in each group. The full list of those with a higher return and lower volatility than CL follows the table.

Annual return is the annualized total return with dividends reinvested. Annual return, volatility and the Sharpe ratio cover 5 years; the worst decline covers the past 10 years. Green marks a better figure than CL's. "On the frontier" means no other option shown or tested earned more with less volatility. Funds that hold the same thing are shown once. Beyond the popular alternatives, nothing with more than 1.5× CL's volatility counts as better.

These figures cover the past 5 years. Green marks a better figure than CL's.

InvestmentWhy it is betterPast 5 yearsDownsideLong runFit
Annual return?higher is betterVolatility?lower is calmerSharpe?return per unit of riskWorst decline?past 10 years10Y returntotalCorr. with CL?lower diversifies moreExpenseper year
CLColgate-Palmolive Company · this page
+7.2%19.2%0.46−29.0%+68.8%1.00—
SPYState Street SPDR S&P 500 ETF · S&P 500
+12.7%17.1%0.79−33.7%+321%0.280.09%
Popular alternativesbest 1 shownThe investments people most often weigh against CL. 1 of 20 passed at least one test.
TGTTarget Corporation · Discount Retail
Higher return in most periods−6.5%36.1%0.00−64.4%+207%0.10—
The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 537 of 3,583 passed at least one test.
JNJJohnson & Johnson · Pharmaceuticals
Higher return, lower volatilityHigher return in most periods+12.7%17.9%0.76−27.4%+196%0.43—
LVHIFranklin International Low Volatility High Dividend Index ETF · International Equity
On the frontierHigher return, lower volatilityHigher return in most periods+17.0%11.1%1.48−32.4%+194%0.510.40%
KOThe Coca-Cola Company · Food & Beverages
Higher return, lower volatilityHigher return in most periods+14.7%16.8%0.91−37.0%+204%0.75—
SCHDSchwab U.S. Dividend Equity ETF · US Dividend Equity
Higher return, lower volatilityHigher return in most periods+9.7%14.3%0.72−33.4%+252%0.520.06%
IWDiShares Russell 1000 Value ETF · US Large-Cap Value
Higher return, lower volatilityHigher return in most periods+11.4%14.7%0.81−38.5%+205%0.440.18%
MPLXMPLX Lp · Oil & Gas Midstream
On the frontierHigher return, similar volatilityHigher return in most periods+23.5%18.8%1.22−75.2%+350%0.32—
DFACDimensional - US Core Equity 2 ETF · US Total Market
Higher return, lower volatilityHigher Sharpe, smaller worst decline+11.4%17.0%0.72−23.1%—0.310.21%
BALTInnovator Defined Wealth Shield ETF · Crypto
On the frontierSimilar return, lower volatilityHigher Sharpe, smaller worst decline+6.3%3.3%1.85−4.9%—0.300.69%
What these numbers mean for CL
Annual return
CL returned 7.2% a year over the past 5 years with dividends reinvested, against 12.7% a year for the S&P 500. At that pace, $10,000 became about $14,200. Annual return is the steady yearly rate that would produce the same total result, so investments held over the same span compare fairly. Guide: What is performance and return? →
Volatility
CL's volatility over the past 5 years was 19.2%, 1.1 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, CL's return lands within 19.2% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump. Guide: Understanding and measuring risk (volatility) →
Sharpe ratio
CL's Sharpe ratio over the past 5 years was 0.46, against 0.79 for the S&P 500, so CL earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings. Guide: Balancing reward with risk (Sharpe ratio) →
Worst decline
CL's worst fall from a peak to a low over the past 10 years was 29.0%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 29.0% fall takes a 40.9% gain. Guide: Market crash risk and tail risk →
Correlation
Over the past 5 years, CL's monthly returns had a correlation of 0.28 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against CL instead: the lower it is, the more that option would diversify a CL holding. Guide: Correlation and diversification →
Show all 294 stocks and funds worth at least $500 million that earned more than CL with less volatility

Out of 3,633 tested over 5 years. The strongest 100 are listed, best first, with funds that hold the same thing listed once.

#InvestmentFound inAnnual returnVolatilitySharpeWorst decline10Y returnCorr. with CLExpense
1
JNJJohnson & Johnson · Pharmaceuticals
Whole market+12.7%17.9%0.76−27.4%+196%0.43—
2
LVHIFranklin International Low Volatility High Dividend Index ETF · International Equity
Whole market+17.0%11.1%1.48−32.4%+194%0.510.40%
3
KOThe Coca-Cola Company · Food & Beverages
Whole market+14.7%16.8%0.91−37.0%+204%0.75—
4
SCHDSchwab U.S. Dividend Equity ETF · US Dividend Equity
Whole market+9.7%14.3%0.72−33.4%+252%0.520.06%
5
IWDiShares Russell 1000 Value ETF · US Large-Cap Value
Whole market+11.4%14.7%0.81−38.5%+205%0.440.18%
6
XLVState Street Health Care Select Sector SPDR ETF · Health Care Equity
Whole market+8.4%15.3%0.60−28.4%+202%0.510.08%
7
HDViShares Core High Dividend ETF · US Dividend Equity
Whole market+12.9%13.0%1.00−37.0%+172%0.570.08%
8
AVDVAvantis International Small Cap Value ETF · International Equity
Whole market+13.9%17.4%0.84−43.0%—0.450.36%
9
COWZPacer US Cash Cows 100 ETF · US Large-Cap Value
Whole market+11.4%17.7%0.70−38.7%—0.320.49%
10
DFACDimensional - US Core Equity 2 ETF · US Total Market
Whole market+11.4%17.0%0.72−23.1%—0.310.21%
11
PJULInnovator U.S. Equity Power Buffer ETF · Broad Market
Whole market+10.5%8.6%1.20−18.2%—0.270.79%
12
FJANFT Vest U.S. Equity Buffer ETF - January · Multi-Asset
Whole market+11.1%10.5%1.05−13.6%—0.210.85%
13
JQUAJPMorgan U.S. Quality Factor ETF · US Quality Equity
Whole market+13.6%15.7%0.89−32.9%—0.380.12%
14
AVLVAvantis U.S. Large Cap Value ETF · US Large-Cap Value
Whole market+14.0%16.9%0.86−19.5%—0.350.15%
15
IWXiShares Russell Top 200 Value ETF · Broad Market
Whole market+12.7%13.8%0.94−35.8%+221%0.470.20%
16
FTGCFirst Trust Global Tactical Commodity Strategy Fund · Alternatives
Whole market+12.9%15.6%0.86−35.9%+139%-0.010.98%
17
BUFRFT Vest Laddered Buffer ETF · Buffered Equity
Whole market+9.9%10.5%0.96−13.7%—0.270.10%
18
DIVBiShares Core Dividend ETF · Dividend & Income
Whole market+13.9%15.4%0.93−36.9%—0.430.05%
19
RYRoyal Bank of Canada · Banks
Whole market+17.3%18.2%0.97−40.0%+352%0.23—
20
VFMFVanguard U.S. Multifactor ETF · Broad Market
Whole market+14.3%17.6%0.85−41.3%—0.310.18%
21
DBMFiMGP DBi Managed Futures Strategy ETF · Alternatives
Whole market+9.8%12.4%0.82−20.4%—0.050.85%
22
PPHVanEck Pharmaceutical ETF · Healthcare
Whole market+11.6%15.8%0.78−29.7%+153%0.590.36%
23
FTXHFirst Trust Nasdaq Pharmaceuticals ETF · Healthcare
Whole market+11.9%16.9%0.75−32.1%+153%0.410.60%
24
EWJViShares MSCI Japan Value ETF · International
Whole market+14.9%18.2%0.86−30.1%—0.450.15%
25
FYLDCambria Foreign Shareholder Yield ETF · Dividend & Income
Whole market+13.1%16.0%0.85−44.6%+203%0.430.59%
26
FTLSFirst Trust Long/Short Equity ETF · Broad Market
Whole market+10.2%10.4%0.99−20.6%+158%0.280.95%
27
CMDYiShares Bloomberg Roll Select Commodity Strategy ETF · Commodities
Whole market+9.5%15.7%0.66−31.2%—0.060.29%
28
ACIOAptus Collared Income Opportunity ETF · Dividend & Income
Whole market+9.3%11.1%0.86−14.2%—0.320.79%
29
PJPInvesco Pharmaceuticals ETF · Healthcare
Whole market+11.2%16.6%0.72−34.0%+135%0.360.58%
30
SCHYSchwab International Dividend Equity ETF · International
Whole market+9.5%13.3%0.75−24.0%—0.540.08%
31
VOOVanguard S&P 500 ETF · US Large-Cap Equity
Whole market+12.8%16.9%0.80−34.0%+324%0.280.03%
32
BRK-BBerkshire Hathaway Inc. · Insurance
Whole market+13.4%17.1%0.82−29.6%+274%0.38—
33
FFLCFidelity Fundamental Large Cap Core ETF · Broad Market
Whole market+15.7%16.8%0.95−19.7%—0.290.38%
34
INFLHorizon Kinetics Inflation Beneficiaries ETF · Broad Market
Whole market+11.8%17.8%0.72−21.3%—0.390.85%
35
TDVGT. Rowe Price Dividend Growth ETF · Dividend & Income
Whole market+9.6%13.8%0.73−19.2%—0.490.50%
36
FTQIFirst Trust Nasdaq BuyWrite Income ETF · Dividend & Income
Whole market+11.5%14.8%0.82−19.4%+121%0.120.75%
37
FLSPFranklin Systematic Style Premia ETF · Alternatives
Whole market+8.4%13.4%0.68−22.9%—0.200.65%
38
SIXHETC 6 Meridian Hedged Equity Index Option ETF · Broad Market
Whole market+10.2%10.2%1.00−11.7%—0.550.31%
39
VSLUApplied Finance Valuation Large Cap ETF · Broad Market
Whole market+13.7%16.2%0.88−23.8%—0.290.49%
40
VXUSVanguard Total International Stock ETF · International Equity
Whole market+8.2%16.4%0.57−36.0%+140%0.450.05%
41
SSUSStrategy Shares Day Hagan Smart Sector ETF · Broad Market
Whole market+10.5%15.4%0.73−23.8%—0.290.77%
42
VEAVanguard FTSE Developed Markets ETF · Developed International Equity
Whole market+9.3%16.9%0.61−35.8%+153%0.480.03%
43
VIGVanguard Dividend Appreciation ETF · US Dividend Equity
Whole market+10.4%14.1%0.78−31.7%+258%0.470.04%
44
EPDEnterprise Products Partners L.P. · Oil & Gas Midstream
Whole market+16.4%17.1%0.98−58.1%+178%0.24—
45
VTVanguard Total World Stock ETF · Global Equity
Whole market+10.3%16.2%0.69−34.2%+223%0.350.06%
46
RSPInvesco S&P 500 Equal Weight ETF · US Large-Cap Equity
Whole market+8.2%16.1%0.57−39.0%+211%0.410.20%
47
DYNFiShares U.S. Equity Factor Rotation Active ETF · US Multifactor Equity
Whole market+14.7%17.5%0.87−34.7%—0.240.26%
48
QUALiShares MSCI USA Quality Factor ETF · US Quality Equity
Whole market+11.4%17.3%0.71−34.1%+293%0.340.15%
49
EFViShares MSCI EAFE Value ETF · International Equity
Whole market+13.6%15.9%0.88−43.2%+157%0.480.31%
50
FNDFSchwab Fundamental International Large Company Index ETF · International Equity
Whole market+13.6%16.3%0.87−40.2%+194%0.500.25%
51
VOEVanguard Morningstar Mid-Cap Value ETF · US Mid-Cap Equity
Whole market+9.4%15.8%0.65−43.2%+182%0.420.05%
52
XLIState Street Industrial Select Sector SPDR ETF · US Industrials
Whole market+11.5%17.6%0.71−42.3%+246%0.430.08%
53
FTSFortis Inc. · Electric Utilities
Whole market+8.4%16.4%0.58−34.3%+154%0.56—
54
SPHQInvesco S&P 500 Quality ETF · US Quality Equity
Whole market+12.0%16.7%0.76−31.6%+300%0.430.20%
55
MGVVanguard Morningstar Mega Cap Value ETF · US Large-Cap Value
Whole market+12.6%13.4%0.95−35.4%+244%0.520.05%
56
FDVVFidelity High Dividend ETF · US Dividend Equity
Whole market+13.2%14.6%0.92−40.2%+253%0.410.15%
57
DBEFXtrackers MSCI EAFE Hedged Equity ETF · International Equity
Whole market+13.1%13.8%0.96−32.5%+206%0.440.35%
58
IOOiShares Global 100 ETF · Global Equity
Whole market+15.7%17.2%0.94−31.4%+361%0.280.40%
59
FDLFirst Trust Morningstar Dividend Leaders Index Fund · US Dividend Equity
Whole market+13.9%14.4%0.98−41.4%+199%0.500.43%
60
BBCAJPMorgan BetaBuilders Canada ETF · International Equity
Whole market+11.4%16.7%0.73−42.8%—0.340.19%
61
DIVOAmplify CWP Enhanced Dividend Income ETF · Equity Income
Whole market+11.1%11.9%0.95−30.0%—0.470.56%
62
IGFiShares Global Infrastructure ETF · Infrastructure Equity
Whole market+9.0%13.9%0.69−42.1%+113%0.480.37%
63
FNDESchwab Fundamental Emerging Markets Large Company Index ETF · Emerging Markets Equity
Whole market+9.8%17.0%0.64−39.9%+151%0.370.39%
64
QYLDGlobal X - Nasdaq 100 Covered Call ETF · Equity Income
Whole market+8.4%15.0%0.62−24.7%+156%0.110.60%
65
EMLPFirst Trust North American Energy Infrastructure Fund · Energy Infrastructure
Whole market+14.9%14.5%1.04−43.6%+150%0.410.95%
66
USMCPrincipal U.S. Mega-Cap ETF · Broad Market
Whole market+14.1%16.4%0.89−30.0%—0.240.12%
67
GCOWPacer Global Cash Cows Dividend ETF · International
Whole market+14.1%13.6%1.04−37.6%+168%0.480.60%
68
IDMOInvesco S&P International Developed Momentum ETF · International Equity
Whole market+13.3%18.2%0.78−31.3%+229%0.480.25%
69
OMFLInvesco Russell 1000 Dynamic Multifactor ETF · US Multifactor Equity
Whole market+9.0%16.4%0.61−33.2%—0.300.29%
70
PTLCPacer Trendpilot US Large Cap ETF · Broad Market
Whole market+9.5%11.8%0.83−26.6%+188%0.300.60%
71
DEMWisdomTree Emerging Markets High Dividend Fund · International Equity
Whole market+9.6%15.5%0.67−37.8%+133%0.350.63%
72
WTVWisdomTree U.S. Value Fund · Broad Market
Whole market+13.4%17.0%0.83−42.2%+303%0.330.12%
73
DIVIFranklin International Core Dividend Tilt Index ETF · International
Whole market+13.4%15.5%0.89−27.7%+184%0.500.09%
74
EQWLInvesco S&P 100 Equal Weight ETF · Broad Market
Whole market+11.6%15.0%0.81−34.3%+291%0.410.30%
75
AOAiShares Core 80/20 Aggressive Allocation ETF · Multi-Asset
Whole market+8.6%13.1%0.69−28.4%+165%0.370.19%
76
MLPAGlobal X - MLP ETF · Energy
Whole market+15.2%17.2%0.91−74.3%+80.0%0.270.77%
77
HFXINYLI FTSE International Equity Currency Neutral ETF · International
Whole market+11.4%15.3%0.79−32.4%+180%0.490.19%
78
DSTLDistillate U.S. Fundamental Stability & Value ETF · Broad Market
Whole market+11.3%16.1%0.75−33.1%—0.410.39%
79
DDWMWisdomTree Dynamic International Equity Fund · International
Whole market+12.3%13.4%0.94−35.0%+149%0.540.40%
80
DHSWisdomTree U.S. High Dividend Fund · Dividend & Income
Whole market+12.0%13.9%0.89−37.4%+156%0.480.38%
81
RODMHartford Multifactor Developed Markets (ex-US) ETF · International
Whole market+10.6%13.5%0.82−36.0%+141%0.490.29%
82
FGDFirst Trust Dow Jones Global Select Dividend Index Fund · International
Whole market+11.6%14.8%0.82−44.8%+155%0.460.55%
83
RLYState Street Multi-Asset Real Return ETF · Multi-Asset
Whole market+9.9%13.3%0.78−34.2%+128%0.350.50%
84
RAAXVanEck Real Assets ETF · Commodities
Whole market+11.7%15.6%0.79−33.9%—0.340.55%
85
DBAInvesco DB Agriculture Fund · Alternatives
Whole market+10.7%13.8%0.81−35.3%+62.2%0.090.90%
86
RDIVInvesco S&P Ultra Dividend Revenue ETF · Dividend & Income
Whole market+12.2%17.3%0.75−50.0%+184%0.400.39%
87
EDIVState Street SPDR S&P Emerging Markets Dividend ETF · International
Whole market+11.2%13.8%0.84−40.7%+119%0.420.49%
88
TPYPTortoise North American Pipeline ETF · Energy
Whole market+16.9%17.3%0.99−51.9%+184%0.360.40%
89
AUSFGlobal X - Adaptive U.S. Factor ETF · International
Whole market+13.2%13.6%0.99−44.2%—0.490.27%
90
EXIiShares Global Industrials ETF · Industrials
Whole market+10.6%17.3%0.67−39.6%+203%0.450.38%
91
PTNQPacer Trendpilot 100 ETF · Technology
Whole market+9.7%14.1%0.73−28.1%+305%0.130.65%
92
HLALWahed FTSE USA Shariah ETF · Broad Market
Whole market+14.0%18.0%0.82−33.6%—0.240.50%
93
EQLALPS Equal Sector Weight ETF · Broad Market
Whole market+13.5%14.5%0.94−34.2%+387%0.440.19%
94
JVALJPMorgan U.S. Value Factor ETF · Broad Market
Whole market+12.0%17.2%0.75−40.4%—0.340.12%
95
ROUSHartford Multifactor US Equity ETF · Broad Market
Whole market+12.3%14.4%0.88−35.5%+238%0.460.19%
96
IDHQInvesco S&P International Developed Quality ETF · International
Whole market+10.0%17.9%0.63−33.6%+183%0.530.29%
97
FDRRFidelity Dividend ETF for Rising Rates · Dividend & Income
Whole market+12.6%15.0%0.87−36.5%+265%0.370.15%
98
DBEUXtrackers MSCI Europe Hedged Equity ETF · International
Whole market+11.2%14.4%0.82−34.5%+178%0.430.46%
99
IDOGALPS International Sector Dividend Dogs ETF · International
Whole market+14.1%15.6%0.93−37.3%+180%0.430.50%
100
QDEFNorthern Trust Quality Dividend Defensive ETF · Dividend & Income
Whole market+12.7%13.7%0.94−35.7%+228%0.460.40%

How do CL's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings. Investments toward the upper left earned more for a smoother ride, and those toward the lower right earned less for a rougher one. The dashed lines cross at CL, which divides the map into what did better or worse on each measure.

Green points earned more than CL with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.

10.0%20.0%30.0%40.0%50.0%60.0%70.0%−40.0%−30.0%−20.0%−10.0%0.0%10.0%20.0%30.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityCL: 7.2% a year, volatility 19.2%SPY (S&P 500): 12.7% a year, volatility 17.1%TGT: −6.5% a year, volatility 36.1%CHD: 6.1% a year, volatility 21.1%UL: 5.5% a year, volatility 21.5%IDXX: −2.8% a year, volatility 35.7%WD: −20.9% a year, volatility 38.0%HELE: −33.6% a year, volatility 53.0%NWL: −20.7% a year, volatility 55.5%EPC: −2.4% a year, volatility 34.3%COTY: −16.1% a year, volatility 45.3%ZTS: −16.3% a year, volatility 29.6%EL: −17.7% a year, volatility 44.5%SPB: −1.1% a year, volatility 36.2%KMB: 0.0% a year, volatility 21.1%ENR: −6.0% a year, volatility 36.3%CLX: −8.3% a year, volatility 26.7%NUS: −32.0% a year, volatility 47.5%CHWY: −20.1% a year, volatility 61.0%WMT: 20.8% a year, volatility 22.6%IPAR: 11.6% a year, volatility 33.7%PG: 5.1% a year, volatility 18.3%CLSPY (S&P 500)TGTCHDIDXXWDHELENWLEPCCOTYZTSELKMBENRCLXNUSCHWYWMTIPARPG10.0%20.0%30.0%40.0%50.0%60.0%70.0%−40.0%−30.0%−20.0%−10.0%0.0%10.0%20.0%30.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityCL: 7.2% a year, volatility 19.2%SPY (S&P 500): 12.7% a year, volatility 17.1%TGT: −6.5% a year, volatility 36.1%CHD: 6.1% a year, volatility 21.1%UL: 5.5% a year, volatility 21.5%IDXX: −2.8% a year, volatility 35.7%WD: −20.9% a year, volatility 38.0%HELE: −33.6% a year, volatility 53.0%NWL: −20.7% a year, volatility 55.5%EPC: −2.4% a year, volatility 34.3%COTY: −16.1% a year, volatility 45.3%ZTS: −16.3% a year, volatility 29.6%EL: −17.7% a year, volatility 44.5%SPB: −1.1% a year, volatility 36.2%KMB: 0.0% a year, volatility 21.1%ENR: −6.0% a year, volatility 36.3%CLX: −8.3% a year, volatility 26.7%NUS: −32.0% a year, volatility 47.5%CHWY: −20.1% a year, volatility 61.0%WMT: 20.8% a year, volatility 22.6%IPAR: 11.6% a year, volatility 33.7%PG: 5.1% a year, volatility 18.3%CLSPY (S&P 500)TGTCHDIDXXWDHELENWLEPCCOTYZTSELKMBENRCLXNUSCHWYWMT
All figures
InvestmentAnnual returnVolatility
WMT Walmart Inc.+20.8%22.6%
SPY S&P 500State Street SPDR S&P 500 ETF+12.7%17.1%
IPAR Inter Parfums, Inc.+11.6%33.7%
CL This pageColgate-Palmolive Company+7.2%19.2%
CHD Church & Dwight Co., Inc.+6.1%21.1%
UL Unilever PLC+5.5%21.5%
PG The Procter & Gamble Company+5.1%18.3%
KMB Kimberly-Clark Corporation0.0%21.1%
SPB Spectrum Brands Holdings, Inc.−1.1%36.2%
EPC Edgewell Personal Care Company−2.4%34.3%
IDXX IDEXX Laboratories, Inc.−2.8%35.7%
ENR Energizer Holdings, Inc.−6.0%36.3%
TGT Target Corporation−6.5%36.1%
CLX The Clorox Company−8.3%26.7%
COTY Coty Inc.−16.1%45.3%
ZTS Zoetis Inc.−16.3%29.6%
EL The Estée Lauder Companies Inc.−17.7%44.5%
CHWY Chewy, Inc.−20.1%61.0%
NWL Newell Brands Inc.−20.7%55.5%
WD Walker & Dunlop, Inc.−20.9%38.0%
NUS Nu Skin Enterprises, Inc.−32.0%47.5%
HELE Helen of Troy Limited−33.6%53.0%
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Has CL consistently beaten its popular alternatives?

This section compares CL with the investments people most often weigh against it, checking each one over eight periods from one month to ten years. Counting how often an alternative earned more than CL helps separate lasting outperformance from a single strong stretch.

A green cell means the alternative earned more than CL over that period. "Qualified" marks those that did so in at least 3 of 5 short-term periods and 2 of 3 long-term periods.

InvestmentPeriods outperformed Short termLong termRisk · 5 yearsFund
1M3M6MYTD1Y3Y5Y10YVolatilitylower is calmerSharpehigher is betterWorst declinepast 10 yearsExpenseAssetsOverlapsame sectors
CL Colgate-Palmolive Company (this page)—+10.2%+3.4%+14.5%+24.6%+22.9%+38.3%+41.8%+68.8%19.2%0.46−29.0%—$75B—
TGT QualifiedTarget Corporation4/5 short2/3 long−2.4%+11.2%+20.3%+57.4%+75.1%+58.0%−28.5%+207%36.1%0.00−64.4%—$70B—
WMT Discount StoresWalmart Inc.1/5 short3/3 long+9.7%+5.3%−7.5%+5.2%+11.0%+130%+158%+508%22.6%0.96−25.7%—$938B—
IPAR Household & Personal ProductsInter Parfums, Inc.2/5 short2/3 long+2.8%−6.2%+20.0%+38.9%+21.2%+1.3%+72.8%+350%33.7%0.49−54.9%—$3.7B—
CHD Household & Personal ProductsChurch & Dwight Co., Inc.3/5 short1/3 long+11.0%+8.7%+10.4%+29.4%+21.9%+21.9%+34.6%+154%21.1%0.39−31.7%—$25B—
PG Household & Personal ProductsThe Procter & Gamble Company1/5 short1/3 long+9.1%+7.7%+12.0%+14.9%+8.0%+15.8%+28.3%+145%18.3%0.37−23.8%—$370B—
UL Household & Personal ProductsUnilever PLC1/5 short1/3 long+4.9%+6.1%+14.6%+2.9%−4.7%+32.9%+30.5%+89.8%21.5%0.36−30.1%—$141B—
IDXX Medical - Diagnostics & ResearchIDEXX Laboratories, Inc.0/5 short1/3 long+8.3%−1.0%−4.3%−16.7%−13.3%+30.7%−13.1%+398%35.7%0.10−54.0%—$44B—
WD Financial - MortgagesWalker & Dunlop, Inc.0/5 short1/3 long−12.9%−29.9%−32.2%−40.4%−57.2%−43.6%−69.0%+74.8%38.0%-0.43−76.0%—$1.1B—
HELE Household & Personal ProductsHelen of Troy Limited4/5 short0/3 long+6.4%+5.1%+48.7%+42.7%+53.8%−71.6%−87.1%−63.6%53.0%-0.51−94.7%—$688M—
NWL Household & Personal ProductsNewell Brands Inc.4/5 short0/3 long+1.4%+12.0%+34.0%+60.0%+25.1%−5.5%−68.7%−83.2%55.5%-0.14−91.8%—$2.4B—
EPC Household & Personal ProductsEdgewell Personal Care Company3/5 short0/3 long+4.2%−0.8%+21.3%+70.7%+45.3%−14.0%−11.5%−58.3%34.3%0.10−78.6%—$1.3B—
COTY Household & Personal ProductsCoty Inc.3/5 short0/3 long+28.3%+19.3%+35.9%+3.5%−22.0%−66.1%−58.3%−84.3%45.3%-0.16−91.0%—$2.8B—
ZTS Drug Manufacturers - Specialty & GenericZoetis Inc.2/5 short0/3 long+12.2%+5.0%−34.3%−35.4%−43.8%−50.1%−59.0%+70.3%29.6%-0.45−70.5%—$33B—
EL Household & Personal ProductsThe Estée Lauder Companies Inc.2/5 short0/3 long+10.2%+27.3%+37.3%+0.4%+5.0%−18.3%−62.3%+39.8%44.5%-0.21−85.8%—$38B—
SPB Household & Personal ProductsSpectrum Brands Holdings, Inc.2/5 short0/3 long−6.6%−9.6%−5.8%+34.8%+48.9%+12.7%−5.2%+4.9%36.2%0.15−79.0%—$1.8B—
KMB Household & Personal ProductsKimberly-Clark Corporation1/5 short0/3 long+10.8%+1.1%+12.8%+11.0%−5.7%−0.4%0.0%+29.9%21.1%0.11−34.1%—$36B—
ENR Electrical Equipment & PartsEnergizer Holdings, Inc.1/5 short0/3 long+2.8%+10.8%+12.2%+16.7%−2.5%−19.5%−26.5%−35.4%36.3%0.01−67.5%—$1.5B—
CLX Household & Personal ProductsThe Clorox Company0/5 short0/3 long+3.0%−8.1%−12.3%−10.2%−23.5%−20.1%−35.3%−3.1%26.7%-0.19−58.8%—$11B—
NUS Household & Personal ProductsNu Skin Enterprises, Inc.0/5 short0/3 long+6.4%−5.3%−34.9%−47.1%−52.3%−71.8%−85.5%−89.2%47.5%-0.58−93.0%—$242M—
CHWY Specialty RetailChewy, Inc.0/5 short0/3 long+5.0%−2.1%−25.4%−35.7%−42.5%+28.2%−67.3%—61.0%-0.07−87.4%—$8.7B—
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How did CL do year by year?

This table shows each investment's total return in every full calendar year since 1997, along with where CL ranked among its popular alternatives each year. Annual results reveal how consistently each one kept pace with CL and how far its good and bad years diverged, detail that multiyear averages tend to smooth over.

Newest year first. Green marks a year in which the fund came out ahead of CL; gray means the two finished within a fraction of a point. The rank row places CL among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.

InvestmentYears ahead of CL20252024202320222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997
CL This pageColgate-Palmolive Company—−11.0%+16.6%+3.8%−5.5%+2.1%+27.2%+18.6%−19.2%+17.9%+0.4%−1.6%+8.4%+27.6%+15.9%+18.1%+0.4%+22.9%−10.1%+22.0%+21.5%+9.6%+4.1%−3.0%−8.0%−9.4%+0.4%+41.6%+28.0%+62.3%
Rank among alternativesTop quarter in 5 of 297 of 217 of 2111 of 215 of 2115 of 218 of 2112 of 2016 of 2010 of 2013 of 2011 of 1915 of 199 of 1711 of 176 of 1715 of 1610 of 164 of 165 of 167 of 163 of 1613 of 1615 of 1612 of 1613 of 165 of 154 of 1510 of 153 of 15
SPY S&P 500State Street SPDR S&P 500 ETF15 of 29+17.7%+24.9%+26.2%−18.2%+28.7%+18.3%+31.2%−4.6%+21.7%+12.0%+1.2%+13.5%+32.3%+16.0%+1.9%+15.1%+26.4%−36.8%+5.1%+15.9%+4.8%+10.7%+28.2%−21.6%−11.7%−9.8%+20.4%+28.7%+33.5%
TGT Target Corporation14 of 29−24.5%−2.3%−1.4%−34.2%+32.9%+40.5%+100%+4.7%−5.8%+2.7%−1.6%+23.8%+9.5%+18.2%−13.0%+26.3%+42.4%−30.0%−11.6%+4.7%+6.6%+36.1%+29.0%−26.5%+28.0%−11.5%+36.2%+62.2%+74.2%
WMT Walmart Inc.17 of 29+24.5%+74.0%+12.9%−0.5%+1.9%+23.4%+30.1%−3.4%+46.6%+16.1%−26.6%+11.8%+18.2%+17.1%+13.8%+3.1%−2.5%+20.0%+4.9%+0.2%−10.2%+0.6%+5.6%−11.8%+8.9%−22.7%+70.5%+107%+74.6%
IPAR Inter Parfums, Inc.15 of 29−33.6%−6.5%+52.0%−7.4%+79.0%−16.2%+12.7%+53.3%+35.1%+40.3%−11.6%−22.1%+89.6%+27.3%−15.9%+57.4%+60.9%−35.1%−5.5%+7.6%+14.1%−29.2%+194%+4.2%+26.0%+41.0%+55.4%−11.0%+5.4%
CHD Church & Dwight Co., Inc.18 of 29−18.9%+12.0%+18.7%−20.4%+18.9%+25.5%+8.3%+33.2%+15.3%+5.7%+9.4%+21.2%+26.0%+19.3%+34.8%+15.4%+8.7%+4.4%+27.6%+30.0%−0.9%+28.1%+31.3%+15.2%+21.3%−15.3%+50.0%+29.7%+25.0%
PG The Procter & Gamble Company11 of 29−12.3%+17.3%−0.9%−5.1%+20.5%+14.2%+39.7%+3.6%+12.7%+9.3%−10.0%+15.4%+23.6%+5.2%+7.0%+9.3%+1.2%−13.8%+16.7%+13.4%+7.2%+12.4%+18.5%+11.4%+3.1%−27.1%+21.6%+16.0%+50.5%
UL Unilever PLC16 of 29+5.8%+20.9%−0.2%−2.8%−7.6%+9.1%+12.9%−2.4%+40.2%−2.6%+9.7%+1.9%+10.1%+19.6%+12.9%+0.6%+44.1%−36.3%+38.6%+30.9%+5.3%+9.2%+1.3%+18.0%−1.0%+17.6%−31.0%+31.5%+45.2%
IDXX IDEXX Laboratories, Inc.20 of 29+63.6%−25.5%+36.0%−38.0%+31.7%+91.4%+40.4%+18.9%+33.4%+60.8%−1.6%+39.4%+14.6%+20.6%+11.2%+29.5%+48.2%−38.5%+47.9%+10.2%+31.9%+18.0%+40.9%+15.2%+29.6%+36.5%−40.1%+69.1%−11.6%
WD Walker & Dunlop, Inc.10 of 15−35.9%−10.1%+46.0%−46.8%+67.0%+45.9%+52.7%−7.2%+52.2%+8.3%+64.2%+8.5%−3.0%+32.6%+24.6%——————————————
HELE Helen of Troy Limited15 of 29−64.5%−50.5%+8.9%−54.6%+10.0%+23.6%+37.1%+36.1%+14.1%−10.4%+44.9%+31.8%+47.8%+8.9%+3.2%+21.6%+40.9%+1.3%−29.3%+50.6%−52.1%+45.3%+98.8%−6.2%+154%−32.7%−50.6%−8.9%+46.6%
NWL Newell Brands Inc.13 of 29−60.5%+18.9%−30.9%−37.0%+6.8%+16.7%+9.5%−37.5%−29.3%+2.9%+17.9%+19.9%+49.0%+41.0%−9.5%+22.8%+57.9%−60.3%−8.0%+25.8%+1.8%+10.2%−22.4%+13.0%+25.2%−18.9%−28.2%+1.2%+37.2%
EPC Edgewell Personal Care Company9 of 25−47.9%−6.8%−3.5%−14.4%+34.3%+12.2%−17.1%−37.1%−18.6%−6.9%−17.0%+20.9%+37.8%+4.4%+6.3%+19.0%+13.2%−51.7%+58.0%+42.6%+0.2%+32.3%+34.6%+46.4%−10.8%————
COTY Coty Inc.5 of 12−55.8%−44.0%+45.1%−18.5%+49.6%−36.9%+79.2%−65.7%+11.7%−27.4%+25.2%+37.1%—————————————————
ZTS Zoetis Inc.8 of 12−21.8%−16.6%+35.9%−39.5%+48.3%+25.8%+55.7%+19.5%+35.6%+12.7%+12.1%+32.8%—————————————————
EL The Estée Lauder Companies Inc.14 of 29+42.1%−47.6%−40.1%−32.3%+40.0%+29.8%+60.3%+3.4%+68.7%−11.9%+17.0%+2.3%+27.2%+7.9%+40.5%+68.5%+58.1%−27.6%+8.2%+23.3%−26.0%+17.7%+49.9%−17.5%−26.5%−12.7%+18.4%+67.1%+1.7%
SPB Spectrum Brands Holdings, Inc.11 of 29−27.9%+8.0%+34.1%−38.7%+31.3%+26.8%+56.7%−58.8%+10.7%+16.8%−3.1%+22.6%+54.1%+91.7%−35.2%−11.8%+16.4%−17.6%+4.6%+21.3%−22.9%+3.3%+89.8%+5.3%+85.5%−66.2%−61.0%+85.5%+60.7%
KMB Kimberly-Clark Corporation13 of 29−19.9%+11.8%−7.1%−1.6%+9.7%+0.9%+24.6%−2.1%+9.0%−7.7%+13.8%+18.9%+27.9%+19.1%+21.6%+3.3%+26.1%−21.0%+5.2%+17.5%−6.8%+18.1%+27.9%−19.0%−13.8%+10.2%+22.3%+12.9%+5.5%
ENR Energizer Holdings, Inc.2 of 10−40.1%+14.4%−2.2%−13.2%−2.2%−13.8%+14.3%−3.9%+10.1%+34.1%———————————————————
CLX The Clorox Company14 of 29−35.6%+17.7%+5.0%−17.0%−11.5%+34.5%+2.2%+6.6%+24.7%−3.0%+25.0%+15.9%+30.8%+13.9%+8.8%+7.2%+13.7%−12.1%+3.9%+14.9%−1.6%+23.9%+20.5%+6.5%+14.1%−28.1%−12.5%+49.4%+61.2%
NUS Nu Skin Enterprises, Inc.14 of 29+43.3%−63.7%−51.0%−13.9%−4.3%+38.7%−31.0%−8.3%+46.5%+30.5%−10.4%−67.5%+280%−22.4%+63.0%+14.6%+165%−34.5%−7.6%+6.2%−29.6%+50.5%+46.4%+39.6%+69.4%−41.4%−61.7%+29.5%−40.9%
CHWY Chewy, Inc.3 of 6−1.3%+41.7%−36.3%−37.1%−34.4%+210%———————————————————————
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Risk and diversification

How CL has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

What were CL's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high. This section presents CL's five deepest drawdowns since it began trading in 1986, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.

Green means CL fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

DuringCL fellS&P 500, same datesPeakLowTime to the lowBack at the peakTime to recover
Dot-com bust−34.0%−4.6%Dec 1999Mar 20003 monthsDec 20009 months
No named crash−32.4%−10.3%Jul 1998Sep 19982 monthsApr 19997 months
No named crash−32.3%—Aug 1987Dec 19874 monthsApr 198916 months
2008 financial crisis−31.1%−33.0%Sep 2008Oct 20081 monthOct 200912 months
Dot-com bust−30.0%−34.2%Dec 2000Jul 200219 monthsApr 20063.8 years

How did CL do in stock market crashes?

This section measures how far CL, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000. A smaller decline means an investment held up better, and comparing results across crashes shows whether that resilience was consistent or a one-off.

Newest crash first. Each figure is the fund's deepest fall within the crash window; green means a smaller fall than CL.

InvestmentHeld up better2023 regional bank crisisMar 20232022 bear marketJan 2022Covid crashFeb 2020Late-2018 sell-offSep 2018February 2018 volatility shockFeb 20182015 China and oil sell-offAug 20152011 euro debt crisisJul 20112010 flash crashMay 20102008 financial crisisOct 2007Dot-com bustMar 2000
CL This pageColgate-Palmolive Company—−0.9%−18.2%−20.7%−15.7%−4.8%−12.2%−8.5%−1.9%−31.1%−30.8%
SPY S&P 500State Street SPDR S&P 500 ETF0 of 10−3.4%−24.5%−33.7%−19.3%−6.5%−12.8%−17.9%−1.5%−55.2%−47.5%
TGT Target Corporation2 of 10−3.4%−43.9%−21.7%−30.3%−3.0%−15.8%−10.4%−1.3%−60.6%−42.6%
WMT Walmart Inc.2 of 10−0.8%−25.7%−13.1%−18.3%−4.9%−22.3%−10.5%−1.5%−26.2%−31.8%
IPAR Inter Parfums, Inc.1 of 10−1.6%−37.9%−49.1%−13.7%−4.4%−25.9%−38.2%−3.0%−80.9%−52.1%
CHD Church & Dwight Co., Inc.5 of 100.0%−31.7%−21.1%−9.4%−1.1%−13.3%−12.4%−1.5%−28.0%−23.6%
PG The Procter & Gamble Company4 of 10−0.7%−23.8%−22.9%−9.6%−5.1%−10.9%−8.9%−0.7%−39.0%−27.1%
UL Unilever PLC3 of 10−0.2%−19.1%−25.3%−8.0%−7.7%−15.2%−11.8%−2.7%−53.5%−21.5%
IDXX IDEXX Laboratories, Inc.0 of 10−5.7%−46.4%−37.1%−29.4%−9.2%−17.8%−24.0%−3.6%−57.3%−32.6%
WD Walker & Dunlop, Inc.1 of 7−10.2%−44.3%−53.8%−28.7%−3.2%−38.8%−20.5%———
HELE Helen of Troy Limited2 of 10−12.0%−60.8%−44.2%−14.0%−2.6%−20.5%−29.1%−1.9%−65.0%−46.1%
NWL Newell Brands Inc.0 of 10−12.1%−44.9%−46.2%−29.5%−6.7%−29.9%−27.8%−2.2%−83.2%−33.9%
EPC Edgewell Personal Care Company0 of 9−4.0%−36.7%−40.7%−24.6%−7.5%−25.7%−21.2%−3.9%−74.0%—
COTY Coty Inc.1 of 6−5.4%−43.5%−67.5%−52.6%−4.3%−28.2%————
ZTS Zoetis Inc.0 of 6−4.2%−34.9%−35.7%−16.7%−6.9%−18.9%————
EL The Estée Lauder Companies Inc.1 of 10−5.4%−42.0%−32.1%−19.8%−4.2%−16.1%−21.5%−3.7%−62.1%−50.7%
SPB Spectrum Brands Holdings, Inc.2 of 10−8.5%−61.7%−60.6%−47.9%−6.5%−25.3%−28.6%0.0%−23.1%−76.3%
KMB Kimberly-Clark Corporation7 of 10−0.2%−22.2%−23.7%−12.4%−4.1%−11.6%−7.8%−0.1%−35.0%−26.5%
ENR Energizer Holdings, Inc.0 of 6−5.7%−37.6%−44.8%−30.4%−5.5%−29.6%————
CLX The Clorox Company5 of 10−1.2%−33.4%−14.0%−12.6%−3.0%−8.6%−13.2%−1.5%−28.4%−37.3%
NUS Nu Skin Enterprises, Inc.1 of 10−1.3%−38.6%−57.4%−33.6%−4.7%−36.3%−14.3%0.0%−57.6%−52.4%
CHWY Chewy, Inc.0 of 3−3.7%−57.1%−26.2%———————
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How closely does CL move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell. An investment that captures more of the gains than the losses has compounded ahead of the market over time. This section compares CL with its popular alternatives on both measures, and on beta (how strongly each has moved with the market), over the past 10 years.

Monthly total returns over the past 10 years, measured against SPY. 100% capture or a beta of 1.00 means moving in line with the S&P 500. Green marks a better figure than CL's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.

InvestmentUpside captureDownside captureCapture ratioBeta
CL This pageColgate-Palmolive Company39%52%0.750.46
WMT Walmart Inc.74%36%2.080.53
CHD Church & Dwight Co., Inc.47%38%1.220.44
PG The Procter & Gamble Company46%41%1.130.41
IPAR Inter Parfums, Inc.105%108%0.971.02
TGT Target Corporation83%87%0.951.00
IDXX IDEXX Laboratories, Inc.128%145%0.881.27
UL Unilever PLC46%60%0.770.45
ZTS Zoetis Inc.64%101%0.640.72
WD Walker & Dunlop, Inc.108%170%0.631.42
KMB Kimberly-Clark Corporation27%48%0.570.39
EL The Estée Lauder Companies Inc.103%188%0.551.14
SPB Spectrum Brands Holdings, Inc.68%130%0.521.23
CLX The Clorox Company31%73%0.430.40
ENR Energizer Holdings, Inc.46%126%0.370.99
HELE Helen of Troy Limited52%177%0.291.11
COTY Coty Inc.39%212%0.181.70
EPC Edgewell Personal Care Company13%93%0.150.68
NUS Nu Skin Enterprises, Inc.18%191%0.101.09
NWL Newell Brands Inc.5%135%0.040.92
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What diversifies CL?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions). This section lists large ETFs and stocks whose returns have had a low correlation with CL's. Because such investments tend not to fall at the same time, pairing CL with them can reduce a portfolio's overall swings.

Only ETFs with at least $1.0B in assets and stocks worth at least $10B, with a correlation below 0.5 over the past 5 years and a positive return, are included, ranked by Sharpe ratio; funds that hold the same thing are shown once. The year columns are the years in which CL lost money. The last two columns show a portfolio that is 80% CL and 20% the other investment, rebalanced monthly.

ETFs

InvestmentCorrelation5Y returnSharpe2025202220182015200820032002200180/20 mix volatility80/20 mix annual return
CL Colgate-Palmolive Company (this page)1.00+41.8%0.46−11.0%−5.5%−19.2%−1.6%−10.1%−3.0%−8.0%−9.4%18.4%+4.9%
DXJ InternationalWisdomTree Japan Hedged Equity Fund0.39+225%1.34+32.8%+6.0%−19.8%+7.7%−20.8%———15.9%+9.3%
EMLP Broad MarketFirst Trust North American Energy Infrastructure Fund0.41+101%1.04+9.7%+10.4%−8.7%−25.3%————16.2%+7.2%
SMH TechnologyVanEck Semiconductor ETF0.10+323%0.97+49.2%−33.5%−9.1%−0.3%−44.7%+87.3%−47.0%−14.6%16.9%+12.0%
DBEF InternationalXtrackers MSCI EAFE Hedged Equity ETF0.44+85.0%0.96+23.1%−5.1%−9.5%+4.1%————15.8%+6.9%
GLD CommoditiesSPDR Gold Shares0.31+126%0.96+63.7%−0.8%−1.9%−10.7%+4.9%———16.2%+7.9%
SPMO Broad MarketInvesco S&P 500 Momentum ETF0.27+136%0.93+26.6%−10.4%−0.9%—————16.3%+8.5%
XLE EnergyState Street Energy Select Sector SPDR ETF0.18+177%0.93+7.9%+64.4%−18.2%−21.5%−39.0%+25.9%−14.8%−18.2%16.5%+9.0%
DFIV InternationalDimensional - International Value ETF0.44+99.4%0.93+45.4%−3.7%——————16.4%+7.3%

Stocks

InvestmentCorrelation5Y returnSharpe2025202220182015200820032002200180/20 mix volatility80/20 mix annual return
CL Colgate-Palmolive Company (this page)1.00+41.8%0.46−11.0%−5.5%−19.2%−1.6%−10.1%−3.0%−8.0%−9.4%18.4%+4.9%
CAH Medical - DistributionCardinal Health, Inc.0.39+479%1.55+76.3%+54.1%−24.5%+12.6%−39.6%+3.5%−8.3%−2.5%17.5%+11.4%
CLS Hardware, Equipment & PartsCelestica Inc.-0.21+3,143%1.47+220%+1.3%−16.3%−6.0%−20.5%+6.9%−65.1%−25.6%16.8%+24.5%
FIX Engineering & ConstructionComfort Systems USA, Inc.0.16+1,636%1.46+121%+17.0%+0.8%+67.7%−15.2%+63.6%−9.4%+73.7%18.4%+20.0%
MCK Medical - DistributionMcKesson Corporation0.35+413%1.44+44.5%+51.8%−28.4%−4.5%−40.4%+19.9%−27.2%+4.9%17.2%+10.8%
MPC Oil & Gas Refining & MarketingMarathon Petroleum Corporation0.05+690%1.41+19.2%+86.6%−8.2%+17.4%————16.4%+13.7%
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Common questions

What was CL's worst drawdown?

CL's deepest decline since it began trading in 1986 was 34.0%, from December 1999 to March 2000. It took nine months from the low to climb back to its old high.

What were CL's best and worst years?

Over 29 full calendar years, CL's best year was 1997, when it returned 62.3%. Its worst was 2018, with a return of -19.2%.

Is there a better investment than CL?

Among CL's popular alternatives, TGT was ahead of CL in most short and long periods, though with much bigger swings (36.1% volatility against 19.2%). Across the whole market, 294 of the 3,633 stocks and funds worth at least $500 million earned more than CL with less volatility over the past 5 years, among them VTI, VOO and BRK-B.

Is CL more volatile than the S&P 500?

Yes. CL's volatility over the past 5 years was 19.2%, 1.1 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, CL's return lands within 19.2% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

What is CL's Sharpe ratio?

CL's Sharpe ratio over the past 5 years was 0.46, against 0.79 for the S&P 500, so CL earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

How correlated is CL with the S&P 500?

Over the past 5 years, CL's monthly returns had a correlation of 0.28 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against CL instead: the lower it is, the more that option would diversify a CL holding.

What are the best alternatives to CL?

Of the 20 popular alternatives we compared, one outperformed CL in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: TGT.

Did CL outperform the S&P 500?

CL finished ahead of the S&P 500 (SPY) in 12 of 29 full calendar years. In 2025, it returned -11.0%, against +17.7% for the index.

How did CL do in stock market crashes?

CL fell less than the S&P 500 (SPY) in nine of the ten major crashes it has traded through, and further in no. The clearest case was the 2008 financial crisis, when CL fell 31.1% and the S&P 500 fell 55.2%.

What diversifies CL?

These had a low correlation with CL over the past 5 years and still earned a positive 5-year return: among large ETFs, DXJ (correlation 0.39), EMLP (correlation 0.41) and SMH (correlation 0.10); among large stocks, CAH (correlation 0.39), CLS (correlation -0.21) and FIX (correlation 0.16). A correlation near zero means the two have moved largely independently.

How we measure

More research

Popular alternatives to CL

Other stocks and ETFs