DNUT vs. BYND

Last updated Jun 24, 2026

DNUT (Krispy Kreme, Inc.) and BYND (Beyond Meat, Inc.) are both stocks. Both are in the Consumer Defensive sector — DNUT in Grocery Stores, BYND in Packaged Foods. Over the past 3 years, DNUT returned -37.12%/yr vs -62.55%/yr for BYND. At a 0.24 correlation, their price movements are largely independent.

Performance

DNUT vs. BYND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Krispy Kreme, Inc. (DNUT) and Beyond Meat, Inc. (BYND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DNUT achieves a -14.18% return, which is significantly higher than BYND's -17.33% return.

DNUT

• 1D: -1.43%
• 1M: 5.50%
• YTD: -14.18%
• 6M: -17.66%
• 1Y: 31.68%
• 3Y*: -37.12%
• 5Y*: —
• 10Y*: —

BYND

• 1D: -2.92%
• 1M: -11.49%
• YTD: -17.33%
• 6M: -32.88%
• 1Y: -80.29%
• 3Y*: -62.55%
• 5Y*: -65.75%
• 10Y*: —

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

DNUT vs. BYND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DNUT Krispy Kreme, Inc.	-14.18%	-59.02%	-33.44%	47.72%	-44.93%	16.39%
BYND Beyond Meat, Inc.	-17.33%	-78.19%	-57.75%	-27.70%	-81.11%	-58.63%

Correlation

The correlation between DNUT and BYND is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021	0.24

Fundamentals

Market Cap DNUT : $593.47M BYND : $323.89M
EPS DNUT : -$2.95 BYND : $1.03
PS Ratio DNUT : 0.39 BYND : 0.52
PB Ratio DNUT : 0.94 BYND : 4.33
Total Revenue (TTM) DNUT : $1.51B BYND : $275.50M
Gross Profit (TTM) DNUT : $208.21M BYND : $7.65M
EBITDA (TTM) DNUT : -$299.73M BYND : -$290.85M

Return for Risk

DNUT vs. BYND — Risk / Return Rank

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

DNUT

DNUT Risk / Return Rank: 59
DNUT Sharpe Ratio Rank: 58
DNUT Sortino Ratio Rank: 63
DNUT Omega Ratio Rank: 57
DNUT Calmar Ratio Rank: 61
DNUT Martin Ratio Rank: 58

BYND

BYND Risk / Return Rank: 26
BYND Sharpe Ratio Rank: 28
BYND Sortino Ratio Rank: 40
BYND Omega Ratio Rank: 40
BYND Calmar Ratio Rank: 6
BYND Martin Ratio Rank: 16

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.

DNUT vs. BYND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Krispy Kreme, Inc. (DNUT) and Beyond Meat, Inc. (BYND). 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.

	DNUT	BYND	Difference
Sharpe ratio: Return per unit of total volatility	0.44	-0.34	+0.78
Sortino ratio: Return per unit of downside risk	1.29	0.36	+0.93
Omega ratio: Gain probability vs. loss probability	1.14	1.05	+0.09
Calmar ratio: Return relative to maximum drawdown	0.84	-0.92	+1.76
Martin ratio: Return relative to average drawdown	1.46	-1.18	+2.64

DNUT vs. BYND - Sharpe Ratio Comparison

The current DNUT Sharpe Ratio is 0.44, which is higher than the BYND Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of DNUT and BYND, 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

DNUT vs. BYND - Drawdown Comparison

The maximum DNUT drawdown since its inception was -87.18%, smaller than the maximum BYND drawdown of -99.78%. Use the drawdown chart below to compare losses from any high point for DNUT and BYND.

Drawdown Indicators

	DNUT	BYND	Difference
Max Drawdown Largest peak-to-trough decline	-87.18%	-99.78%	+12.60%
Max Drawdown (1Y) Largest decline over 1 year	-37.87%	-87.85%	+49.98%
Max Drawdown (3Y) Largest decline over 3 years	-84.87%	-97.06%	+12.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-99.67%	—
Current Drawdown Current decline from peak	-82.80%	-99.71%	+16.91%
Average Drawdown Average peak-to-trough decline	-47.78%	-75.70%	+27.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.77%	67.79%	-46.02%

Volatility

DNUT vs. BYND - Volatility Comparison

The current volatility for Krispy Kreme, Inc. (DNUT) is 18.32%, while Beyond Meat, Inc. (BYND) has a volatility of 19.65%. This indicates that DNUT experiences smaller price fluctuations and is considered to be less risky than BYND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DNUT	BYND	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.32%	19.65%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	44.97%	74.98%	-30.01%
Volatility (1Y) Calculated over the trailing 1-year period	73.10%	236.88%	-163.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.55%	126.92%	-67.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.55%	117.08%	-57.53%

Dividends

DNUT vs. BYND - Dividend Comparison

Neither DNUT nor BYND has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BYND Beyond Meat, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DNUT Krispy Kreme, Inc.	0.00%	1.74%	1.41%	0.93%	1.36%	0.18%

Financials

Frequently Asked Questions

Can I hold both DNUT and BYND in my portfolio?

DNUT and BYND have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DNUT or BYND?

BYND has higher volatility (19.65%) compared to DNUT (18.32%). In terms of maximum drawdown, DNUT dropped -87.18% vs BYND's -99.78%.

Which has better risk-adjusted returns?

DNUT currently has the higher Sharpe Ratio (0.44 vs -0.34), 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.