SIG vs. CMG

Last updated Jun 4, 2026

SIG (Signet Jewelers Limited) and CMG (Chipotle Mexican Grill, Inc.) are both stocks. Both are in the Consumer Cyclical sector — SIG in Luxury Goods, CMG in Restaurants. Over the past 10 years, SIG returned 1.75%/yr vs 12.72%/yr for CMG. At a 0.29 correlation, their price movements are largely independent.

Performance

SIG vs. CMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Signet Jewelers Limited (SIG) and Chipotle Mexican Grill, Inc. (CMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIG achieves a 3.74% return, which is significantly higher than CMG's -22.32% return. Over the past 10 years, SIG has underperformed CMG with an annualized return of 1.75%, while CMG has yielded a comparatively higher 12.72% annualized return.

SIG

• 1D: -3.01%
• 1M: 5.37%
• YTD: 3.74%
• 6M: -3.41%
• 1Y: 15.23%
• 3Y*: 10.83%
• 5Y*: 9.12%
• 10Y*: 1.75%

CMG

• 1D: -1.78%
• 1M: -10.13%
• YTD: -22.32%
• 6M: -15.30%
• 1Y: -42.60%
• 3Y*: -11.34%
• 5Y*: 1.62%
• 10Y*: 12.72%

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

SIG vs. CMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIG Signet Jewelers Limited	3.74%	4.46%	-23.85%	59.64%	-20.96%	220.69%	27.22%	-26.28%	-42.19%	-38.94%
CMG Chipotle Mexican Grill, Inc.	-22.32%	-38.64%	31.83%	64.83%	-20.64%	26.07%	65.65%	93.87%	49.39%	-23.40%

Correlation

The correlation between SIG and CMG is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 27, 2006	0.29

Fundamentals

Market Cap SIG : $3.45B CMG : $37.42B
EPS SIG : $7.11 CMG : $1.09
PE Ratio SIG : 12.01 CMG : 26.28
PEG Ratio SIG : 0.05 CMG : 0.98
PS Ratio SIG : 0.51 CMG : 3.14
PB Ratio SIG : 1.82 CMG : 15.54
Total Revenue (TTM) SIG : $6.83B CMG : $12.14B
Gross Profit (TTM) SIG : $2.66B CMG : $4.39B
EBITDA (TTM) SIG : $601.70M CMG : $2.30B

Return for Risk

SIG vs. CMG — Risk / Return Rank

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

SIG

SIG Risk / Return Rank: 51
SIG Sharpe Ratio Rank: 52
SIG Sortino Ratio Rank: 50
SIG Omega Ratio Rank: 46
SIG Calmar Ratio Rank: 53
SIG Martin Ratio Rank: 54

CMG

CMG Risk / Return Rank: 7
CMG Sharpe Ratio Rank: 3
CMG Sortino Ratio Rank: 5
CMG Omega Ratio Rank: 5
CMG Calmar Ratio Rank: 8
CMG Martin Ratio Rank: 13

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.

SIG vs. CMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Signet Jewelers Limited (SIG) and Chipotle Mexican Grill, Inc. (CMG). 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.

	SIG	CMG	Difference
Sharpe ratio: Return per unit of total volatility	0.33	-1.11	+1.44
Sortino ratio: Return per unit of downside risk	0.83	-1.52	+2.35
Omega ratio: Gain probability vs. loss probability	1.09	0.79	+0.30
Calmar ratio: Return relative to maximum drawdown	0.51	-0.84	+1.36
Martin ratio: Return relative to average drawdown	1.22	-1.24	+2.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIG vs. CMG - Sharpe Ratio Comparison

The current SIG Sharpe Ratio is 0.33, which is higher than the CMG Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of SIG and CMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIG	CMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	-1.11	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	0.05	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.03	0.36	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.49	-0.35

Drawdowns

SIG vs. CMG - Drawdown Comparison

The maximum SIG drawdown since its inception was -95.53%, which is greater than CMG's maximum drawdown of -74.61%. Use the drawdown chart below to compare losses from any high point for SIG and CMG.

Drawdown Indicators

	SIG	CMG	Difference
Max Drawdown Largest peak-to-trough decline	-95.53%	-74.61%	-20.92%
Max Drawdown (1Y) Largest decline over 1 year	-29.73%	-50.65%	+20.92%
Max Drawdown (3Y) Largest decline over 3 years	-57.12%	-58.08%	+0.96%
Max Drawdown (5Y) Largest decline over 5 years	-57.12%	-58.08%	+0.96%
Max Drawdown (10Y) Largest decline over 10 years	-93.23%	-58.08%	-35.15%
Current Drawdown Current decline from peak	-30.24%	-58.08%	+27.84%
Average Drawdown Average peak-to-trough decline	-31.47%	-21.33%	-10.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.53%	34.47%	-21.94%

Volatility

SIG vs. CMG - Volatility Comparison

Signet Jewelers Limited (SIG) has a higher volatility of 15.03% compared to Chipotle Mexican Grill, Inc. (CMG) at 9.37%. This indicates that SIG's price experiences larger fluctuations and is considered to be riskier than CMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIG	CMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.03%	9.37%	+5.66%
Volatility (6M) Calculated over the trailing 6-month period	35.93%	22.93%	+13.00%
Volatility (1Y) Calculated over the trailing 1-year period	47.85%	38.41%	+9.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.46%	33.50%	+19.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.28%	35.63%	+29.65%

Dividends

SIG vs. CMG - Dividend Comparison

SIG's dividend yield for the trailing twelve months is around 1.53%, while CMG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMG Chipotle Mexican Grill, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SIG Signet Jewelers Limited	1.53%	1.51%	1.36%	0.83%	1.15%	0.41%	1.36%	6.81%	4.47%	2.10%	1.06%	0.68%

Financials

SIG vs. CMG - Profitability Comparison

The chart below illustrates the profitability comparison between Signet Jewelers Limited and Chipotle Mexican Grill, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SIG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported a gross profit of 556.50M and revenue of 1.55B. Therefore, the gross margin over that period was 35.8%.

CMG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported a gross profit of 2.11B and revenue of 3.09B. Therefore, the gross margin over that period was 68.4%.

SIG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported an operating income of 36.90M and revenue of 1.55B, resulting in an operating margin of 2.4%.

CMG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported an operating income of 397.06M and revenue of 3.09B, resulting in an operating margin of 12.9%.

SIG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported a net income of 31.70M and revenue of 1.55B, resulting in a net margin of 2.0%.

CMG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chipotle Mexican Grill, Inc. reported a net income of 302.82M and revenue of 3.09B, resulting in a net margin of 9.8%.

Frequently Asked Questions

Can I hold both SIG and CMG in my portfolio?

SIG and CMG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIG or CMG?

SIG has higher volatility (15.03%) compared to CMG (9.37%). In terms of maximum drawdown, SIG dropped -95.53% vs CMG's -74.61%.

Which has better risk-adjusted returns?

SIG currently has the higher Sharpe Ratio (0.33 vs -1.11), 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.