CAG vs. BBAI

Last updated Jun 13, 2026

CAG (Conagra Brands, Inc.) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. CAG operates in Packaged Foods (Consumer Defensive), while BBAI operates in Information Technology Services (Technology). Over the past 3 years, CAG returned -21.83%/yr vs 20.46%/yr for BBAI. At a correlation of -0.06, they often move in opposite directions.

Performance

CAG vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Conagra Brands, Inc. (CAG) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CAG achieves a -17.02% return, which is significantly higher than BBAI's -25.56% return.

CAG

• 1D: 2.16%
• 1M: -2.48%
• YTD: -17.02%
• 6M: -19.07%
• 1Y: -32.99%
• 3Y*: -21.83%
• 5Y*: -13.84%
• 10Y*: -5.70%

BBAI

• 1D: -2.90%
• 1M: -4.51%
• YTD: -25.56%
• 6M: -36.99%
• 1Y: 4.96%
• 3Y*: 20.46%
• 5Y*: —
• 10Y*: —

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

CAG vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CAG Conagra Brands, Inc.	-17.02%	-33.32%	1.46%	-22.82%	17.52%	-0.73%
BBAI BigBear.ai Holdings, Inc.	-25.56%	21.35%	107.94%	217.65%	-88.10%	-27.90%

Correlation

The correlation between CAG and BBAI is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	-0.06

Fundamentals

Market Cap CAG : $6.58B BBAI : $19.02B
EPS CAG : -$0.09 BBAI : -$0.13
PS Ratio CAG : 0.59 BBAI : 71.71
PB Ratio CAG : 0.81 BBAI : 24.06
Total Revenue (TTM) CAG : $11.18B BBAI : $127.35M
Gross Profit (TTM) CAG : $2.70B BBAI : $32.81M
EBITDA (TTM) CAG : $792.70M BBAI : -$230.18M

Return for Risk

CAG vs. BBAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAG

CAG Risk / Return Rank: 5
CAG Sharpe Ratio Rank: 3
CAG Sortino Ratio Rank: 4
CAG Omega Ratio Rank: 7
CAG Calmar Ratio Rank: 7
CAG Martin Ratio Rank: 2

BBAI

BBAI Risk / Return Rank: 47
BBAI Sharpe Ratio Rank: 44
BBAI Sortino Ratio Rank: 54
BBAI Omega Ratio Rank: 49
BBAI Calmar Ratio Rank: 45
BBAI Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAG vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) and BigBear.ai Holdings, Inc. (BBAI). 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.

	CAG	BBAI	Difference
Sharpe ratio: Return per unit of total volatility	-1.17	0.05	-1.22
Sortino ratio: Return per unit of downside risk	-1.69	0.88	-2.58
Omega ratio: Gain probability vs. loss probability	0.81	1.09	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.90	0.08	-0.98
Martin ratio: Return relative to average drawdown	-1.81	0.13	-1.94

CAG vs. BBAI - Sharpe Ratio Comparison

The current CAG Sharpe Ratio is -1.17, which is lower than the BBAI Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of CAG and BBAI, 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

CAG vs. BBAI - Drawdown Comparison

The maximum CAG drawdown since its inception was -62.52%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for CAG and BBAI.

Drawdown Indicators

	CAG	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-62.52%	-95.01%	+32.49%
Max Drawdown (1Y) Largest decline over 1 year	-36.75%	-65.88%	+29.13%
Max Drawdown (3Y) Largest decline over 3 years	-56.85%	-75.56%	+18.71%
Max Drawdown (5Y) Largest decline over 5 years	-62.52%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.52%	—	—
Current Drawdown Current decline from peak	-59.06%	-68.32%	+9.26%
Average Drawdown Average peak-to-trough decline	-15.76%	-70.80%	+55.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.37%	39.29%	-18.92%

Volatility

CAG vs. BBAI - Volatility Comparison

The current volatility for Conagra Brands, Inc. (CAG) is 8.53%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 25.86%. This indicates that CAG experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAG	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.53%	25.86%	-17.33%
Volatility (6M) Calculated over the trailing 6-month period	22.11%	56.70%	-34.59%
Volatility (1Y) Calculated over the trailing 1-year period	28.21%	97.19%	-68.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.36%	174.65%	-151.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.20%	174.65%	-148.45%

Dividends

CAG vs. BBAI - Dividend Comparison

CAG's dividend yield for the trailing twelve months is around 10.19%, while BBAI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBAI BigBear.ai Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CAG Conagra Brands, Inc.	10.19%	8.09%	5.05%	4.75%	3.32%	3.44%	2.52%	2.48%	3.98%	2.19%	29.36%	2.37%

Financials

Frequently Asked Questions

Can I hold both CAG and BBAI in my portfolio?

CAG and BBAI have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CAG or BBAI?

BBAI has higher volatility (25.86%) compared to CAG (8.53%). In terms of maximum drawdown, CAG dropped -62.52% vs BBAI's -95.01%.

Which has better risk-adjusted returns?

BBAI currently has the higher Sharpe Ratio (0.05 vs -1.17), 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.