CMG correlations (Chipotle Mexican Grill)
Which assets move with CMG and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Restaurants
Volatility (ann.)
35.7%
3y weekly
Beta vs S&P 500
0.89
3y weekly
1-year return
-12.7%
price, adjusted
5-year return
-2.9%
price, adjusted
Market cap
$47.1B
latest
P/E ratio
34.5
trailing
Max drawdown
-58.9%
3y, daily closes
CMG over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with CMG
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ITRI | Itron, Inc. | 0.52 | |
| FISV | Fiserv | 0.51 | |
| SPSC | SPS Commerce, Inc. | 0.49 | |
| SG | Sweetgreen, Inc. | 0.48 | |
| MA | Mastercard | 0.47 | |
| WING | Wingstop Inc. | 0.45 | |
| XLY | Consumer Discretionary Select Sector SPDR Fund | 0.44 | |
| CAKE | The Cheesecake Factory Incorporated | 0.44 | |
| CAVA | CAVA Group, Inc. | 0.43 | |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.43 | |
| EAT | Brinker International, Inc. | 0.43 | |
| V | Visa Inc. | 0.42 | |
| RCL | Royal Caribbean Group | 0.42 | |
| FSUN | FirstSun Capital Bancorp | 0.41 | |
| FOUR | Shift4 Payments, Inc. | 0.41 |
Best diversifiers for CMG
These are the assets whose returns had the least to do with CMG's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.33 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.33 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.31 | |
| PUMP | ProPetro Holding Corp. | -0.28 | |
| INTS | Intensity Therapeutics, Inc. | -0.25 | |
| REED | Reed's, Inc. | -0.23 | |
| MNST | Monster Beverage | -0.22 | |
| AEP | American Electric Power | -0.21 | |
| DUK | Duke Energy | -0.19 | |
| MEGL | Magic Empire Global Limited - Class A | -0.19 |
CMG vs benchmarks
CMG vs its peers
Get CMG data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/cmg.jsonCorrelations, diversifiers, beta and volatility for CMG, plus one endpoint per pair. API documentation.
CMG inside major ETFs
| ETF | CMG weight | |
|---|---|---|
| XLY | Consumer Discretionary Select Sector SPDR Fund | 1.19% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.97% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.16% |
| VUG | Vanguard Growth ETF | 0.15% |
| IVV | iShares Core S&P 500 ETF | 0.07% |
| SPY | SPDR S&P 500 ETF Trust | 0.07% |
| VOO | Vanguard S&P 500 ETF | 0.07% |
| VTI | Vanguard Total Stock Market ETF | 0.07% |
| ACWI | iShares MSCI ACWI ETF | 0.05% |
