BIRK vs. BUD
BIRK (Birkenstock Holding plc) and BUD (Anheuser-Busch InBev SA/NV) are both stocks. BIRK operates in Footwear & Accessories (Consumer Cyclical), while BUD operates in Beverages - Brewers (Consumer Defensive). Over the past year, BIRK returned -8.93% vs 17.68% for BUD. At a 0.21 correlation, their price movements are largely independent.
Performance
BIRK vs. BUD - Performance Comparison
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Returns By Period
In the year-to-date period, BIRK achieves a 19.19% return, which is significantly lower than BUD's 31.39% return.
BIRK
- 1D
- 5.50%
- 1M
- 47.41%
- YTD
- 19.19%
- 6M
- 7.12%
- 1Y
- -8.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BUD
- 1D
- 0.78%
- 1M
- 3.44%
- YTD
- 31.39%
- 6M
- 32.01%
- 1Y
- 17.68%
- 3Y*
- 16.08%
- 5Y*
- 2.63%
- 10Y*
- -1.70%
BIRK vs. BUD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BIRK Birkenstock Holding plc | 19.19% | -27.82% | 16.27% | 18.85% |
BUD Anheuser-Busch InBev SA/NV | 31.39% | 30.33% | -21.37% | 20.47% |
Correlation
The correlation between BIRK and BUD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2023 | 0.21 |
Fundamentals
BIRK:
$8.97B
BUD:
$163.97B
BIRK:
€1.93
BUD:
$6.15
BIRK:
21.88
BUD:
13.48
BIRK:
0.28
BUD:
1.19
BIRK:
3.56
BUD:
1.37
BIRK:
2.68
BUD:
1.88
BIRK:
€2.19B
BUD:
$120.38B
BIRK:
€1.23B
BUD:
$67.02B
BIRK:
€671.99M
BUD:
$35.48B
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Return for Risk
BIRK vs. BUD — Risk / Return Rank
BIRK
BUD
BIRK vs. BUD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Birkenstock Holding plc (BIRK) and Anheuser-Busch InBev SA/NV (BUD). 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.
| BIRK | BUD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.16 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.88 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.41 | 1.66 | -2.07 |
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Drawdowns
BIRK vs. BUD - Drawdown Comparison
The maximum BIRK drawdown since its inception was -50.94%, smaller than the maximum BUD drawdown of -70.02%. Use the drawdown chart below to compare losses from any high point for BIRK and BUD.
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Drawdown Indicators
| BIRK | BUD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.94% | -70.02% | +19.08% |
Max Drawdown (1Y)Largest decline over 1 year | -41.59% | -20.12% | -21.47% |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.88% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.02% | — |
Current DrawdownCurrent decline from peak | -23.31% | -22.81% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -20.00% | -23.45% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.79% | 10.86% | +10.93% |
Volatility
BIRK vs. BUD - Volatility Comparison
Birkenstock Holding plc (BIRK) has a higher volatility of 23.33% compared to Anheuser-Busch InBev SA/NV (BUD) at 6.20%. This indicates that BIRK's price experiences larger fluctuations and is considered to be riskier than BUD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIRK | BUD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.33% | 6.20% | +17.13% |
Volatility (6M)Calculated over the trailing 6-month period | 42.05% | 17.97% | +24.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.51% | 26.38% | +21.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.51% | 24.90% | +18.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.51% | 27.65% | +15.86% |
Dividends
BIRK vs. BUD - Dividend Comparison
BIRK has not paid dividends to shareholders, while BUD's dividend yield for the trailing twelve months is around 1.62%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIRK Birkenstock Holding plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUD Anheuser-Busch InBev SA/NV | 1.62% | 1.91% | 1.74% | 1.28% | 0.88% | 0.98% | 0.79% | 2.45% | 5.15% | 3.63% | 5.41% | 3.21% |
Financials
BIRK vs. BUD - Financials Comparison
This section allows you to compare key financial metrics between Birkenstock Holding plc and Anheuser-Busch InBev SA/NV. 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
BIRK vs. BUD - Profitability Comparison
BIRK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Birkenstock Holding plc reported a gross profit of 315.59M and revenue of 628.50M. Therefore, the gross margin over that period was 50.2%.
BUD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a gross profit of 17.10B and revenue of 30.61B. Therefore, the gross margin over that period was 55.9%.
BIRK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Birkenstock Holding plc reported an operating income of 164.94M and revenue of 628.50M, resulting in an operating margin of 26.2%.
BUD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported an operating income of 80.56M and revenue of 30.61B, resulting in an operating margin of 0.3%.
BIRK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Birkenstock Holding plc reported a net income of 83.23M and revenue of 628.50M, resulting in a net margin of 13.2%.
BUD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Anheuser-Busch InBev SA/NV reported a net income of 3.01B and revenue of 30.61B, resulting in a net margin of 9.8%.
Frequently Asked Questions
BIRK and BUD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIRK has higher volatility (23.33%) compared to BUD (6.20%). In terms of maximum drawdown, BIRK dropped -50.94% vs BUD's -70.02%.
BUD currently has the higher Sharpe Ratio (0.67 vs -0.19), 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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