SG vs. CNM
SG (Sweetgreen, Inc.) and CNM (Core & Main, Inc.) are both stocks. SG operates in Restaurants (Consumer Cyclical), while CNM operates in Industrial Distribution (Industrials). Over the past 3 years, SG returned -10.62%/yr vs 24.42%/yr for CNM. At a 0.35 correlation, their price movements are largely independent.
Performance
SG vs. CNM - Performance Comparison
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Returns By Period
In the year-to-date period, SG achieves a 9.02% return, which is significantly higher than CNM's 0.77% return.
SG
- 1D
- -4.16%
- 1M
- 8.06%
- YTD
- 9.02%
- 6M
- 6.81%
- 1Y
- -50.20%
- 3Y*
- -10.62%
- 5Y*
- —
- 10Y*
- —
CNM
- 1D
- 0.48%
- 1M
- 6.79%
- YTD
- 0.77%
- 6M
- 4.99%
- 1Y
- -10.92%
- 3Y*
- 24.42%
- 5Y*
- —
- 10Y*
- —
SG vs. CNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SG Sweetgreen, Inc. | 9.02% | -78.91% | 183.72% | 31.86% | -73.22% | -35.35% |
CNM Core & Main, Inc. | 0.77% | 2.08% | 25.98% | 109.27% | -36.35% | 4.40% |
Correlation
The correlation between SG and CNM is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.35 |
Fundamentals
SG:
$0.14
CNM:
$3.34
SG:
52.12
CNM:
15.68
SG:
1.30
CNM:
0.90
SG:
$674.69M
CNM:
$7.65B
SG:
$73.84M
CNM:
$2.06B
SG:
$93.13M
CNM:
$856.00M
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Return for Risk
SG vs. CNM — Risk / Return Rank
SG
CNM
SG vs. CNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sweetgreen, Inc. (SG) and Core & Main, Inc. (CNM). 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.
| SG | CNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.98 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.71 | -0.32 | -0.38 |
| Martin ratioReturn relative to average drawdown | -0.97 | -0.54 | -0.42 |
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
| SG | CNM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.68 | -0.28 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.43 | 0.54 | -0.97 |
Drawdowns
SG vs. CNM - Drawdown Comparison
The maximum SG drawdown since its inception was -91.13%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for SG and CNM.
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Drawdown Indicators
| SG | CNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.13% | -40.00% | -51.13% |
Max Drawdown (1Y)Largest decline over 1 year | -71.09% | -33.88% | -37.21% |
Max Drawdown (3Y)Largest decline over 3 years | -89.31% | -38.74% | -50.57% |
Current DrawdownCurrent decline from peak | -86.09% | -21.81% | -64.28% |
Average DrawdownAverage peak-to-trough decline | -66.51% | -17.15% | -49.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.98% | 20.13% | +31.85% |
Volatility
SG vs. CNM - Volatility Comparison
Sweetgreen, Inc. (SG) has a higher volatility of 29.57% compared to Core & Main, Inc. (CNM) at 9.78%. This indicates that SG's price experiences larger fluctuations and is considered to be riskier than CNM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SG | CNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.57% | 9.78% | +19.79% |
Volatility (6M)Calculated over the trailing 6-month period | 53.63% | 23.52% | +30.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.38% | 39.22% | +35.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.83% | 40.70% | +39.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.83% | 40.70% | +39.13% |
Dividends
SG vs. CNM - Dividend Comparison
Neither SG nor CNM has paid dividends to shareholders.
Financials
SG vs. CNM - Financials Comparison
This section allows you to compare key financial metrics between Sweetgreen, Inc. and Core & Main, 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
SG vs. CNM - Profitability Comparison
SG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sweetgreen, Inc. reported a gross profit of 0.00 and revenue of 161.52M. Therefore, the gross margin over that period was 0.0%.
CNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a gross profit of 428.00M and revenue of 1.58B. Therefore, the gross margin over that period was 27.1%.
SG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sweetgreen, Inc. reported an operating income of -34.35M and revenue of 161.52M, resulting in an operating margin of -21.3%.
CNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported an operating income of 118.00M and revenue of 1.58B, resulting in an operating margin of 7.5%.
SG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sweetgreen, Inc. reported a net income of 125.81M and revenue of 161.52M, resulting in a net margin of 77.9%.
CNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a net income of 70.00M and revenue of 1.58B, resulting in a net margin of 4.4%.
Frequently Asked Questions
SG and CNM 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.
SG has higher volatility (29.57%) compared to CNM (9.78%). In terms of maximum drawdown, SG dropped -91.13% vs CNM's -40.00%.
CNM currently has the higher Sharpe Ratio (-0.28 vs -0.68), 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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