NKE vs. WING
NKE (NIKE, Inc.) and WING (Wingstop Inc.) are both stocks. Both are in the Consumer Cyclical sector — NKE in Footwear & Accessories, WING in Restaurants. Over the past 10 years, NKE returned -1.12%/yr vs 20.50%/yr for WING. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
NKE vs. WING - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -31.10% return, which is significantly higher than WING's -41.31% return. Over the past 10 years, NKE has underperformed WING with an annualized return of -1.12%, while WING has yielded a comparatively higher 20.50% annualized return.
NKE
- 1D
- 0.39%
- 1M
- 4.19%
- 6M
- -29.47%
- YTD
- -31.10%
- 1Y
- -43.31%
- 3Y*
- -24.90%
- 5Y*
- -22.46%
- 10Y*
- -1.12%
- ALL TIME*
- 14.00%
WING
- 1D
- 3.40%
- 1M
- -15.72%
- 6M
- -48.67%
- YTD
- -41.31%
- 1Y
- -51.67%
- 3Y*
- -4.97%
- 5Y*
- -2.91%
- 10Y*
- 20.50%
- ALL TIME*
- 17.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NKE NIKE, Inc. | $743.12M | $1.03B | $1.00B |
WING Wingstop Inc. | $174.79M | $183.28M | $185.52M |
NKE vs. WING - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -31.10% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
WING Wingstop Inc. | -41.31% | -15.72% | 11.06% | 87.26% | -17.05% | 30.91% | 60.40% | 34.99% | 77.28% | 32.26% |
Correlation
The correlation between NKE and WING is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2015 | 0.27 |
The correlation between NKE and WING shifts across timeframes, from 0.19 (3 years) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NKE:
$63.96B
WING:
$3.80B
NKE:
$2.10
WING:
$4.21
NKE:
20.59
WING:
33.13
NKE:
1.38
WING:
5.35
NKE:
$46.40B
WING:
$720.72M
NKE:
$19.91B
WING:
$527.03M
NKE:
$3.21B
WING:
$227.28M
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Return for Risk
NKE vs. WING — Risk / Return Rank
NKE
WING
NKE vs. WING - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Wingstop Inc. (WING). 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.
| NKE | WING | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 0.87 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | -0.76 | -0.16 |
| Martin ratioReturn relative to average drawdown | -1.50 | -1.20 | -0.30 |
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Drawdowns
NKE vs. WING - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, roughly equal to the maximum WING drawdown of -72.06%. Use the drawdown chart below to compare losses from any high point for NKE and WING.
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Drawdown Indicators
| NKE | WING | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -72.06% | -3.13% |
Max Drawdown (1Y)Largest decline over 1 year | -47.12% | -68.36% | +21.24% |
Max Drawdown (3Y)Largest decline over 3 years | -64.87% | -72.06% | +7.19% |
Max Drawdown (5Y)Largest decline over 5 years | -75.10% | -72.06% | -3.04% |
Max Drawdown (10Y)Largest decline over 10 years | -75.10% | -72.06% | -3.04% |
Current DrawdownCurrent decline from peak | -73.60% | -67.17% | -6.43% |
Average DrawdownAverage peak-to-trough decline | -21.07% | -17.64% | -3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.83% | 42.96% | -14.13% |
Volatility
NKE vs. WING - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 9.97%, while Wingstop Inc. (WING) has a volatility of 13.25%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky than WING based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | WING | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.97% | 13.25% | -3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 47.19% | -19.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.44% | 64.94% | -29.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.54% | 51.47% | -15.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.44% | 46.45% | -14.01% |
Dividends
NKE vs. WING - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, more than WING's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
WING Wingstop Inc. | 0.86% | 0.48% | 0.34% | 0.32% | 3.43% | 0.36% | 4.15% | 0.46% | 5.44% | 0.36% | 9.80% | 0.00% |
Financials
NKE vs. WING - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Wingstop 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
NKE vs. WING - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported a gross profit of 5.39B and revenue of 10.97B. Therefore, the gross margin over that period was 49.2%.
WING - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Wingstop Inc. reported a gross profit of 84.87M and revenue of 185.56M. Therefore, the gross margin over that period was 45.7%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported an operating income of 1.31B and revenue of 10.97B, resulting in an operating margin of 12.0%.
WING - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Wingstop Inc. reported an operating income of 54.63M and revenue of 185.56M, resulting in an operating margin of 29.4%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NIKE, Inc. reported a net income of 1.07B and revenue of 10.97B, resulting in a net margin of 9.7%.
WING - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Wingstop Inc. reported a net income of 31.29M and revenue of 185.56M, resulting in a net margin of 16.9%.
Frequently Asked Questions
NKE and WING have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WING has higher volatility (13.25%) compared to NKE (9.97%). In terms of maximum drawdown, NKE dropped -75.19% vs WING's -72.06%.
WING currently has the higher Sharpe Ratio (-0.80 vs -1.23), 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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