SG vs. NIO
SG (Sweetgreen, Inc.) and NIO (NIO Inc.) are both stocks. Both are in the Consumer Cyclical sector — SG in Restaurants, NIO in Auto Manufacturers. Over the past 3 years, SG returned -3.87%/yr vs -18.92%/yr for NIO. At a 0.25 correlation, their price movements are largely independent.
Performance
SG vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, SG achieves a 35.36% return, which is significantly higher than NIO's -1.76% return.
SG
- 1D
- 3.27%
- 1M
- 13.10%
- YTD
- 35.36%
- 6M
- 32.42%
- 1Y
- -27.61%
- 3Y*
- -3.87%
- 5Y*
- —
- 10Y*
- —
NIO
- 1D
- -3.65%
- 1M
- -17.87%
- YTD
- -1.76%
- 6M
- -0.40%
- 1Y
- 42.33%
- 3Y*
- -18.92%
- 5Y*
- -36.19%
- 10Y*
- —
SG vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SG Sweetgreen, Inc. | 35.36% | -78.91% | 183.72% | 31.86% | -73.22% | -38.46% |
NIO NIO Inc. | -1.76% | 16.97% | -51.93% | -6.97% | -69.22% | -20.14% |
Correlation
The correlation between SG and NIO is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021 | 0.25 |
The correlation between SG and NIO shifts across timeframes, from -0.04 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SG:
$1.10B
NIO:
$12.43B
SG:
$0.14
NIO:
-CN¥3.74
SG:
1.61
NIO:
0.81
SG:
2.25
NIO:
19.35
SG:
$674.69M
NIO:
CN¥100.51B
SG:
$73.84M
NIO:
CN¥15.77B
SG:
$93.13M
NIO:
-CN¥7.54B
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Return for Risk
SG vs. NIO — Risk / Return Rank
SG
NIO
SG vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sweetgreen, Inc. (SG) and NIO Inc. (NIO). 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.
| SG | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.16 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 0.97 | -1.36 |
| Martin ratioReturn relative to average drawdown | -0.53 | 1.70 | -2.23 |
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Drawdowns
SG vs. NIO - Drawdown Comparison
The maximum SG drawdown since its inception was -91.13%, roughly equal to the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for SG and NIO.
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Drawdown Indicators
| SG | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.13% | -95.00% | +3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -71.09% | -43.73% | -27.36% |
Max Drawdown (3Y)Largest decline over 3 years | -89.31% | -79.69% | -9.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -94.10% | — |
Current DrawdownCurrent decline from peak | -82.74% | -92.03% | +9.29% |
Average DrawdownAverage peak-to-trough decline | -66.58% | -67.93% | +1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.59% | 24.92% | +27.67% |
Volatility
SG vs. NIO - Volatility Comparison
Sweetgreen, Inc. (SG) has a higher volatility of 26.43% compared to NIO Inc. (NIO) at 17.39%. This indicates that SG's price experiences larger fluctuations and is considered to be riskier than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SG | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.43% | 17.39% | +9.04% |
Volatility (6M)Calculated over the trailing 6-month period | 54.21% | 41.16% | +13.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.72% | 62.68% | +12.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.77% | 71.64% | +8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.77% | 86.63% | -6.86% |
Dividends
SG vs. NIO - Dividend Comparison
Neither SG nor NIO has paid dividends to shareholders.
Financials
SG vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Sweetgreen, Inc. and NIO 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. NIO - 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%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
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%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
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%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
SG and NIO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SG has higher volatility (26.43%) compared to NIO (17.39%). In terms of maximum drawdown, SG dropped -91.13% vs NIO's -95.00%.
NIO currently has the higher Sharpe Ratio (0.68 vs -0.37), 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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