AX vs. CMG

Last updated Aug 1, 2026

AX (Axos Financial, Inc.) and CMG (Chipotle Mexican Grill, Inc.) are both stocks. AX operates in Banks - Regional (Financial Services), while CMG operates in Restaurants (Consumer Cyclical). Over the past 5 years, AX returned 16.21%/yr vs -0.03%/yr for CMG. Their 0.26 correlation means their historical movements had little consistent relationship.

Performance

AX vs. CMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axos Financial, Inc. (AX) and Chipotle Mexican Grill, Inc. (CMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AX achieves a 17.70% return, which is significantly higher than CMG's 0.59% return.

AX

• 1D: 2.98%
• 1M: 3.59%
• 6M: 2.44%
• YTD: 17.70%
• 1Y: 20.14%
• 3Y*: 30.46%
• 5Y*: 16.21%
• 10Y*: —
• ALL TIME*: 14.60%

CMG

• 1D: -3.37%
• 1M: 5.17%
• 6M: -4.24%
• YTD: 0.59%
• 1Y: -12.46%
• 3Y*: -1.63%
• 5Y*: -0.03%
• 10Y*: 16.54%
• ALL TIME*: 19.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AX Axos Financial, Inc.	$35.62M	$35.98M	$36.63M
CMG Chipotle Mexican Grill, Inc.	$612.37M	$603.10M	$624.35M

AX vs. CMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AX Axos Financial, Inc.	17.70%	23.35%	27.93%	42.86%	-31.64%	48.97%	23.94%	20.25%	-27.83%
CMG Chipotle Mexican Grill, Inc.	0.59%	-38.64%	31.83%	64.83%	-20.64%	26.07%	65.65%	93.87%	-5.00%

Correlation

The correlation between AX and CMG is 0.29, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.29
Correlation (3Y) Balances recent behavior with more history.	0.20
Correlation (5Y) Shows whether the relationship held over a longer period.	0.30
Correlation (All Time) Calculated using the full available price history since Oct 1, 2018	0.26

Fundamentals

Market Cap AX : $5.77B CMG : $47.77B
EPS AX : $8.45 CMG : $1.08
PE Ratio AX : 11.99 CMG : 34.43
PS Ratio AX : 3.63 CMG : 3.93
Total Revenue (TTM) AX : $1.62B CMG : $12.42B
Gross Profit (TTM) AX : $1.01B CMG : $5.89B
EBITDA (TTM) AX : $544.51M CMG : $2.25B

Return for Risk

AX vs. CMG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AX

AX Risk / Return Rank: 62
AX Sharpe Ratio Rank: 64
AX Sortino Ratio Rank: 57
AX Omega Ratio Rank: 59
AX Calmar Ratio Rank: 65
AX Martin Ratio Rank: 64

CMG

CMG Risk / Return Rank: 30
CMG Sharpe Ratio Rank: 29
CMG Sortino Ratio Rank: 28
CMG Omega Ratio Rank: 28
CMG Calmar Ratio Rank: 32
CMG Martin Ratio Rank: 32

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AX vs. CMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axos Financial, Inc. (AX) and Chipotle Mexican Grill, Inc. (CMG). 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.

	AX	CMG	Difference
Sharpe ratio: Return per unit of total volatility	0.55	-0.33	+0.88
Sortino ratio: Return per unit of downside risk	0.91	-0.21	+1.11
Omega ratio: Gain probability vs. loss probability	1.13	0.97	+0.15
Calmar ratio: Return relative to maximum drawdown	0.92	-0.37	+1.29
Martin ratio: Return relative to average drawdown	1.80	-0.67	+2.47

AX vs. CMG - Sharpe Ratio Comparison

The current AX Sharpe Ratio is 0.55, which is higher than the CMG Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of AX and CMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AX vs. CMG - Drawdown Comparison

The maximum AX drawdown since its inception was -59.57%, smaller than the maximum CMG drawdown of -74.61%. Use the drawdown chart below to compare losses from any high point for AX and CMG.

Drawdown Indicators

	AX	CMG	Difference
Max Drawdown Largest peak-to-trough decline	-59.57%	-74.61%	+15.04%
Max Drawdown (1Y) Largest decline over 1 year	-19.04%	-36.01%	+16.97%
Max Drawdown (3Y) Largest decline over 3 years	-34.92%	-58.89%	+23.97%
Max Drawdown (5Y) Largest decline over 5 years	-46.31%	-58.89%	+12.58%
Max Drawdown (10Y) Largest decline over 10 years	—	-58.89%	—
Current Drawdown Current decline from peak	0.00%	-45.71%	+45.71%
Average Drawdown Average peak-to-trough decline	-20.27%	-21.56%	+1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.71%	19.85%	-10.14%

Volatility

AX vs. CMG - Volatility Comparison

The current volatility for Axos Financial, Inc. (AX) is 8.26%, while Chipotle Mexican Grill, Inc. (CMG) has a volatility of 17.31%. This indicates that AX experiences smaller price fluctuations and is considered to be less risky than CMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AX	CMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.26%	17.31%	-9.05%
Volatility (6M) Calculated over the trailing 6-month period	24.39%	29.05%	-4.66%
Volatility (1Y) Calculated over the trailing 1-year period	32.04%	39.89%	-7.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.65%	34.19%	+6.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.92%	35.97%	+7.95%

Dividends

AX vs. CMG - Dividend Comparison

Neither AX nor CMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both AX and CMG in my portfolio?

AX and CMG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AX or CMG?

CMG has higher volatility (17.31%) compared to AX (8.26%). In terms of maximum drawdown, AX dropped -59.57% vs CMG's -74.61%.

Which has better risk-adjusted returns?

AX currently has the higher Sharpe Ratio (0.55 vs -0.33), 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.