CMG vs. SHAK
CMG (Chipotle Mexican Grill, Inc.) and SHAK (Shake Shack Inc.) are both stocks. Both operate in the Restaurants industry within the Consumer Cyclical sector. Over the past 10 years, CMG returned 13.70%/yr vs 4.24%/yr for SHAK. At a 0.37 correlation, their price movements are largely independent.
Performance
CMG vs. SHAK - Performance Comparison
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Returns By Period
In the year-to-date period, CMG achieves a -20.89% return, which is significantly higher than SHAK's -34.75% return. Over the past 10 years, CMG has outperformed SHAK with an annualized return of 13.70%, while SHAK has yielded a comparatively lower 4.24% annualized return.
CMG
- 1D
- -0.24%
- 1M
- -9.91%
- YTD
- -20.89%
- 6M
- -12.91%
- 1Y
- -44.25%
- 3Y*
- -10.49%
- 5Y*
- 1.95%
- 10Y*
- 13.70%
SHAK
- 1D
- 1.18%
- 1M
- -24.49%
- YTD
- -34.75%
- 6M
- -31.98%
- 1Y
- -59.01%
- 3Y*
- -8.33%
- 5Y*
- -11.78%
- 10Y*
- 4.24%
CMG vs. SHAK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMG Chipotle Mexican Grill, Inc. | -20.89% | -38.64% | 31.83% | 64.83% | -20.64% | 26.07% | 65.65% | 93.87% | 49.39% | -23.40% |
SHAK Shake Shack Inc. | -34.75% | -37.47% | 75.12% | 78.47% | -42.45% | -14.89% | 42.32% | 31.15% | 5.14% | 20.70% |
Correlation
The correlation between CMG and SHAK is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2015 | 0.37 |
The correlation between CMG and SHAK shifts across timeframes, from 0.37 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CMG:
$38.11B
SHAK:
$2.13B
CMG:
$1.09
SHAK:
$0.99
CMG:
26.77
SHAK:
53.32
CMG:
1.00
SHAK:
0.74
CMG:
3.20
SHAK:
1.47
CMG:
15.83
SHAK:
4.06
CMG:
$12.14B
SHAK:
$1.49B
CMG:
$4.39B
SHAK:
$111.61M
CMG:
$2.30B
SHAK:
$179.77M
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Return for Risk
CMG vs. SHAK — Risk / Return Rank
CMG
SHAK
CMG vs. SHAK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chipotle Mexican Grill, Inc. (CMG) and Shake Shack Inc. (SHAK). 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.
| CMG | SHAK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.77 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.94 | +0.08 |
| Martin ratioReturn relative to average drawdown | -1.27 | -1.72 | +0.45 |
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
| CMG | SHAK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.16 | -1.11 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | -0.23 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.08 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.02 | +0.47 |
Drawdowns
CMG vs. SHAK - Drawdown Comparison
The maximum CMG drawdown since its inception was -74.61%, which is greater than SHAK's maximum drawdown of -70.89%. Use the drawdown chart below to compare losses from any high point for CMG and SHAK.
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Drawdown Indicators
| CMG | SHAK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.61% | -70.89% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -51.61% | -63.15% | +11.54% |
Max Drawdown (3Y)Largest decline over 3 years | -58.89% | -63.15% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -58.89% | -64.77% | +5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -58.89% | -70.89% | +12.00% |
Current DrawdownCurrent decline from peak | -57.30% | -62.71% | +5.41% |
Average DrawdownAverage peak-to-trough decline | -21.35% | -41.07% | +19.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.91% | 34.29% | +0.62% |
Volatility
CMG vs. SHAK - Volatility Comparison
The current volatility for Chipotle Mexican Grill, Inc. (CMG) is 10.05%, while Shake Shack Inc. (SHAK) has a volatility of 17.25%. This indicates that CMG experiences smaller price fluctuations and is considered to be less risky than SHAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMG | SHAK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.05% | 17.25% | -7.20% |
Volatility (6M)Calculated over the trailing 6-month period | 23.36% | 47.55% | -24.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.50% | 53.25% | -14.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.55% | 51.45% | -17.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.63% | 50.44% | -14.81% |
Dividends
CMG vs. SHAK - Dividend Comparison
Neither CMG nor SHAK has paid dividends to shareholders.
Financials
CMG vs. SHAK - Financials Comparison
This section allows you to compare key financial metrics between Chipotle Mexican Grill, Inc. and Shake Shack 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
CMG vs. SHAK - Profitability Comparison
CMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported a gross profit of 2.11B and revenue of 3.09B. Therefore, the gross margin over that period was 68.4%.
SHAK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Shake Shack Inc. reported a gross profit of 0.00 and revenue of 366.74M. Therefore, the gross margin over that period was 0.0%.
CMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported an operating income of 397.06M and revenue of 3.09B, resulting in an operating margin of 12.9%.
SHAK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Shake Shack Inc. reported an operating income of -2.63M and revenue of 366.74M, resulting in an operating margin of -0.7%.
CMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported a net income of 302.82M and revenue of 3.09B, resulting in a net margin of 9.8%.
SHAK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Shake Shack Inc. reported a net income of -290.00K and revenue of 366.74M, resulting in a net margin of -0.1%.
Frequently Asked Questions
CMG and SHAK have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHAK has higher volatility (17.25%) compared to CMG (10.05%). In terms of maximum drawdown, CMG dropped -74.61% vs SHAK's -70.89%.
SHAK currently has the higher Sharpe Ratio (-1.11 vs -1.16), 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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