CHEF vs. BG
CHEF (The Chefs' Warehouse, Inc.) and BG (Bunge Limited) are both stocks. Both are in the Consumer Defensive sector — CHEF in Food Distribution, BG in Farm Products. Over the past 10 years, CHEF returned 17.51%/yr vs 10.10%/yr for BG. At a 0.22 correlation, their price movements are largely independent.
Performance
CHEF vs. BG - Performance Comparison
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Returns By Period
In the year-to-date period, CHEF achieves a 24.64% return, which is significantly lower than BG's 49.26% return. Over the past 10 years, CHEF has outperformed BG with an annualized return of 17.51%, while BG has yielded a comparatively lower 10.10% annualized return.
CHEF
- 1D
- 0.01%
- 1M
- -0.38%
- YTD
- 24.64%
- 6M
- 28.84%
- 1Y
- 25.45%
- 3Y*
- 34.42%
- 5Y*
- 20.31%
- 10Y*
- 17.51%
BG
- 1D
- 1.77%
- 1M
- 3.59%
- YTD
- 49.26%
- 6M
- 39.53%
- 1Y
- 77.15%
- 3Y*
- 15.81%
- 5Y*
- 11.16%
- 10Y*
- 10.10%
CHEF vs. BG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHEF The Chefs' Warehouse, Inc. | 24.64% | 26.38% | 67.58% | -11.57% | -0.06% | 29.62% | -32.59% | 19.17% | 56.00% | 29.75% |
BG Bunge Limited | 49.26% | 18.56% | -20.74% | 3.79% | 9.28% | 46.77% | 18.92% | 11.77% | -17.99% | -4.76% |
Correlation
The correlation between CHEF and BG is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2011 | 0.22 |
Over the past year, the correlation between CHEF and BG has dropped to 0.01 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.
Fundamentals
CHEF:
$3.58B
BG:
$25.76B
CHEF:
$1.73
BG:
$4.12
CHEF:
44.98
BG:
31.89
CHEF:
0.84
BG:
0.27
CHEF:
5.88
BG:
1.48
CHEF:
$4.26B
BG:
$80.55B
CHEF:
$1.04B
BG:
$3.58B
CHEF:
$215.30M
BG:
$2.19B
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Return for Risk
CHEF vs. BG — Risk / Return Rank
CHEF
BG
CHEF vs. BG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Chefs' Warehouse, Inc. (CHEF) and Bunge Limited (BG). 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.
| CHEF | BG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.42 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 5.04 | -3.79 |
| Martin ratioReturn relative to average drawdown | 2.60 | 14.09 | -11.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHEF | BG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 2.48 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.38 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.33 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.33 | -0.14 |
Drawdowns
CHEF vs. BG - Drawdown Comparison
The maximum CHEF drawdown since its inception was -91.26%, which is greater than BG's maximum drawdown of -77.34%. Use the drawdown chart below to compare losses from any high point for CHEF and BG.
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Drawdown Indicators
| CHEF | BG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.26% | -77.34% | -13.92% |
Max Drawdown (1Y)Largest decline over 1 year | -20.48% | -15.39% | -5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -53.19% | -38.82% | -14.37% |
Max Drawdown (5Y)Largest decline over 5 years | -56.06% | -41.49% | -14.57% |
Max Drawdown (10Y)Largest decline over 10 years | -91.26% | -60.49% | -30.77% |
Current DrawdownCurrent decline from peak | -4.92% | 0.00% | -4.92% |
Average DrawdownAverage peak-to-trough decline | -25.67% | -28.91% | +3.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 5.50% | +4.32% |
Volatility
CHEF vs. BG - Volatility Comparison
The current volatility for The Chefs' Warehouse, Inc. (CHEF) is 6.09%, while Bunge Limited (BG) has a volatility of 8.83%. This indicates that CHEF experiences smaller price fluctuations and is considered to be less risky than BG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHEF | BG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 8.83% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 27.61% | 19.24% | +8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.52% | 31.41% | +7.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.23% | 29.26% | +10.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.62% | 30.99% | +28.63% |
Dividends
CHEF vs. BG - Dividend Comparison
CHEF has not paid dividends to shareholders, while BG's dividend yield for the trailing twelve months is around 2.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 2.15% | 3.12% | 3.48% | 2.55% | 2.31% | 2.76% | 3.05% | 3.48% | 3.59% | 2.62% | 2.21% | 2.11% |
CHEF The Chefs' Warehouse, 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% |
Financials
CHEF vs. BG - Financials Comparison
This section allows you to compare key financial metrics between The Chefs' Warehouse, Inc. and Bunge Limited. 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
CHEF vs. BG - Profitability Comparison
CHEF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Chefs' Warehouse, Inc. reported a gross profit of 257.37M and revenue of 1.06B. Therefore, the gross margin over that period was 24.3%.
BG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a gross profit of 766.00M and revenue of 21.86B. Therefore, the gross margin over that period was 3.5%.
CHEF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Chefs' Warehouse, Inc. reported an operating income of 33.13M and revenue of 1.06B, resulting in an operating margin of 3.1%.
BG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported an operating income of 235.00M and revenue of 21.86B, resulting in an operating margin of 1.1%.
CHEF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Chefs' Warehouse, Inc. reported a net income of 17.37M and revenue of 1.06B, resulting in a net margin of 1.6%.
BG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a net income of 68.00M and revenue of 21.86B, resulting in a net margin of 0.3%.
Frequently Asked Questions
CHEF and BG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BG has higher volatility (8.83%) compared to CHEF (6.09%). In terms of maximum drawdown, CHEF dropped -91.26% vs BG's -77.34%.
BG currently has the higher Sharpe Ratio (2.48 vs 0.67), 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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