CAKE vs. PLAY
CAKE (The Cheesecake Factory Incorporated) and PLAY (Dave & Buster's Entertainment, Inc.) are both stocks. Both operate in the Restaurants industry within the Consumer Cyclical sector. Over the past 10 years, CAKE returned 7.12%/yr vs -14.21%/yr for PLAY. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
CAKE vs. PLAY - Performance Comparison
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Returns By Period
In the year-to-date period, CAKE achieves a 63.92% return, which is significantly higher than PLAY's -38.00% return. Over the past 10 years, CAKE has outperformed PLAY with an annualized return of 7.12%, while PLAY has yielded a comparatively lower -14.21% annualized return.
CAKE
- 1D
- -0.98%
- 1M
- 8.86%
- 6M
- 38.10%
- YTD
- 63.92%
- 1Y
- 29.05%
- 3Y*
- 35.07%
- 5Y*
- 11.86%
- 10Y*
- 7.12%
PLAY
- 1D
- -3.83%
- 1M
- -22.27%
- 6M
- -43.22%
- YTD
- -38.00%
- 1Y
- -68.87%
- 3Y*
- -39.55%
- 5Y*
- -22.98%
- 10Y*
- -14.21%
CAKE vs. PLAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAKE The Cheesecake Factory Incorporated | 63.92% | 8.61% | 39.33% | 14.01% | -17.02% | 5.64% | -3.53% | -7.82% | -7.44% | -17.83% |
PLAY Dave & Buster's Entertainment, Inc. | -38.00% | -44.47% | -45.79% | 51.95% | -7.71% | 27.91% | -24.97% | -8.87% | -18.76% | -2.01% |
Correlation
The correlation between CAKE and PLAY is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2014 | 0.52 |
The correlation between CAKE and PLAY shifts across timeframes, from 0.45 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CAKE:
$4.07B
PLAY:
$349.63M
CAKE:
$2.68
PLAY:
-$1.86
CAKE:
1.35
PLAY:
0.17
CAKE:
$1.96B
PLAY:
$2.09B
CAKE:
$1.54B
PLAY:
$1.32B
CAKE:
$161.36M
PLAY:
$350.60M
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Return for Risk
CAKE vs. PLAY — Risk / Return Rank
CAKE
PLAY
CAKE vs. PLAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Cheesecake Factory Incorporated (CAKE) and Dave & Buster's Entertainment, Inc. (PLAY). 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.
| CAKE | PLAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +3.13 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.81 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | -0.96 | +1.77 |
| Martin ratioReturn relative to average drawdown | 1.76 | -1.31 | +3.08 |
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Drawdowns
CAKE vs. PLAY - Drawdown Comparison
The maximum CAKE drawdown since its inception was -86.17%, smaller than the maximum PLAY drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for CAKE and PLAY.
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Drawdown Indicators
| CAKE | PLAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.17% | -93.18% | +7.01% |
Max Drawdown (1Y)Largest decline over 1 year | -36.39% | -71.53% | +35.14% |
Max Drawdown (3Y)Largest decline over 3 years | -36.39% | -85.75% | +49.36% |
Max Drawdown (5Y)Largest decline over 5 years | -51.58% | -85.75% | +34.17% |
Max Drawdown (10Y)Largest decline over 10 years | -75.50% | -93.18% | +17.68% |
Current DrawdownCurrent decline from peak | -0.98% | -85.93% | +84.95% |
Average DrawdownAverage peak-to-trough decline | -22.77% | -38.59% | +15.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.52% | 52.43% | -35.91% |
Volatility
CAKE vs. PLAY - Volatility Comparison
The current volatility for The Cheesecake Factory Incorporated (CAKE) is 10.23%, while Dave & Buster's Entertainment, Inc. (PLAY) has a volatility of 22.80%. This indicates that CAKE experiences smaller price fluctuations and is considered to be less risky than PLAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAKE | PLAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.23% | 22.80% | -12.57% |
Volatility (6M)Calculated over the trailing 6-month period | 26.10% | 52.74% | -26.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.00% | 71.08% | -36.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.07% | 60.12% | -20.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.55% | 70.91% | -26.36% |
Dividends
CAKE vs. PLAY - Dividend Comparison
CAKE's dividend yield for the trailing twelve months is around 1.39%, while PLAY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAKE The Cheesecake Factory Incorporated | 1.39% | 2.14% | 2.28% | 3.08% | 2.55% | 0.00% | 0.97% | 3.55% | 2.85% | 2.20% | 1.47% | 1.58% |
PLAY Dave & Buster's Entertainment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 1.15% | 0.67% | 0.00% | 0.00% | 0.00% |
Financials
CAKE vs. PLAY - Financials Comparison
This section allows you to compare key financial metrics between The Cheesecake Factory Incorporated and Dave & Buster's Entertainment, Inc.. 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
CAKE vs. PLAY - Profitability Comparison
CAKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Cheesecake Factory Incorporated reported a gross profit of -677.61M and revenue of -867.20M. Therefore, the gross margin over that period was 78.1%.
PLAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Dave & Buster's Entertainment, Inc. reported a gross profit of 0.00 and revenue of 559.20M. Therefore, the gross margin over that period was 0.0%.
CAKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Cheesecake Factory Incorporated reported an operating income of -91.92M and revenue of -867.20M, resulting in an operating margin of 10.6%.
PLAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Dave & Buster's Entertainment, Inc. reported an operating income of 46.90M and revenue of 559.20M, resulting in an operating margin of 8.4%.
CAKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Cheesecake Factory Incorporated reported a net income of -28.78M and revenue of -867.20M, resulting in a net margin of 3.3%.
PLAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Dave & Buster's Entertainment, Inc. reported a net income of 5.70M and revenue of 559.20M, resulting in a net margin of 1.0%.
Frequently Asked Questions
CAKE and PLAY have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLAY has higher volatility (22.80%) compared to CAKE (10.23%). In terms of maximum drawdown, CAKE dropped -86.17% vs PLAY's -93.18%.
CAKE currently has the higher Sharpe Ratio (0.84 vs -0.97), 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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