CMSA vs. KHC
CMSA (CMS Energy Corporation) and KHC (The Kraft Heinz Company) are both stocks. Over the past 5 years, CMSA returned 0.69%/yr vs -2.95%/yr for KHC. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
CMSA vs. KHC - Performance Comparison
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Returns By Period
In the year-to-date period, CMSA achieves a -1.78% return, which is significantly lower than KHC's 10.35% return.
CMSA
- 1D
- 0.34%
- 1M
- -0.92%
- 6M
- -6.06%
- YTD
- -1.78%
- 1Y
- 1.03%
- 3Y*
- 1.24%
- 5Y*
- 0.69%
- 10Y*
- —
- ALL TIME*
- 3.43%
KHC
- 1D
- -2.01%
- 1M
- 1.89%
- 6M
- 12.72%
- YTD
- 10.35%
- 1Y
- 0.64%
- 3Y*
- -5.34%
- 5Y*
- -2.95%
- 10Y*
- -7.07%
- ALL TIME*
- -4.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $303.00K | $309.91K | $327.79K | |
| $371.12M | $335.76M | $343.45M |
CMSA vs. KHC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CMSA CMS Energy Corporation | -1.78% | 4.82% | -3.74% | 19.69% | -12.73% | -2.19% | 14.62% | 16.70% | -2.07% |
KHC The Kraft Heinz Company | 10.35% | -16.31% | -12.96% | -5.04% | 18.18% | 7.98% | 13.78% | -21.20% | -33.82% |
Correlation
The correlation between CMSA and KHC is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 12, 2018 | 0.13 |
Fundamentals
CMSA:
$22.74B
KHC:
$30.65B
CMSA:
$3.41
KHC:
-$4.85
CMSA:
0.71
KHC:
1.23
CMSA:
0.66
KHC:
0.73
CMSA:
$8.81B
KHC:
$24.99B
CMSA:
$6.14B
KHC:
$8.46B
CMSA:
$3.12B
KHC:
-$3.86B
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Return for Risk
CMSA vs. KHC — Risk / Return Rank
CMSA
KHC
CMSA vs. KHC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CMS Energy Corporation (CMSA) and The Kraft Heinz Company (KHC). 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.
| CMSA | KHC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.03 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 0.02 | +0.13 |
| Martin ratioReturn relative to average drawdown | 0.25 | 0.04 | +0.21 |
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Drawdowns
CMSA vs. KHC - Drawdown Comparison
The maximum CMSA drawdown since its inception was -32.26%, smaller than the maximum KHC drawdown of -76.07%. Use the drawdown chart below to compare losses from any high point for CMSA and KHC.
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Drawdown Indicators
| CMSA | KHC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.26% | -76.07% | +43.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -21.67% | +10.27% |
Max Drawdown (3Y)Largest decline over 3 years | -15.75% | -38.72% | +22.97% |
Max Drawdown (5Y)Largest decline over 5 years | -16.64% | -41.69% | +25.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.07% | — |
Current DrawdownCurrent decline from peak | -10.76% | -58.25% | +47.49% |
Average DrawdownAverage peak-to-trough decline | -4.53% | -42.64% | +38.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.18% | 11.75% | -4.57% |
Volatility
CMSA vs. KHC - Volatility Comparison
The current volatility for CMS Energy Corporation (CMSA) is 1.60%, while The Kraft Heinz Company (KHC) has a volatility of 9.40%. This indicates that CMSA experiences smaller price fluctuations and is considered to be less risky than KHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMSA | KHC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.60% | 9.40% | -7.80% |
Volatility (6M)Calculated over the trailing 6-month period | 4.89% | 20.48% | -15.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.25% | 27.18% | -18.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.45% | 23.04% | -11.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.41% | 27.32% | -10.91% |
Dividends
CMSA vs. KHC - Dividend Comparison
CMSA's dividend yield for the trailing twelve months is around 6.73%, more than KHC's 6.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMSA CMS Energy Corporation | 6.73% | 6.41% | 6.30% | 5.74% | 6.46% | 5.32% | 4.94% | 5.37% | 2.97% | 0.00% | 0.00% | 0.00% |
KHC The Kraft Heinz Company | 6.19% | 6.60% | 5.21% | 4.33% | 3.93% | 4.46% | 4.62% | 4.98% | 5.81% | 3.15% | 2.69% | 25.01% |
Financials
CMSA vs. KHC - Financials Comparison
This section allows you to compare key financial metrics between CMS Energy Corporation and The Kraft Heinz Company. 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
CMSA vs. KHC - Profitability Comparison
CMSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CMS Energy Corporation reported a gross profit of 1.15B and revenue of 1.83B. Therefore, the gross margin over that period was 63.1%.
KHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Kraft Heinz Company reported a gross profit of 2.22B and revenue of 6.05B. Therefore, the gross margin over that period was 36.7%.
CMSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CMS Energy Corporation reported an operating income of 264.00M and revenue of 1.83B, resulting in an operating margin of 14.4%.
KHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Kraft Heinz Company reported an operating income of 1.15B and revenue of 6.05B, resulting in an operating margin of 18.9%.
CMSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CMS Energy Corporation reported a net income of 120.00M and revenue of 1.83B, resulting in a net margin of 6.6%.
KHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Kraft Heinz Company reported a net income of 798.00M and revenue of 6.05B, resulting in a net margin of 13.2%.
Frequently Asked Questions
CMSA and KHC have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KHC has higher volatility (9.40%) compared to CMSA (1.60%). In terms of maximum drawdown, CMSA dropped -32.26% vs KHC's -76.07%.
CMSA currently has the higher Sharpe Ratio (0.22 vs 0.02), 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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