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SHAK correlations (Shake Shack, Inc.)

Every correlation that matters for SHAK: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

51.5%

3y weekly

Beta vs S&P 500

1.42

3y weekly

1-year return

-33.9%

price, adjusted

5-year return

-18.1%

price, adjusted

Market cap

$3.0B

latest

P/E ratio

76.7

trailing

Max drawdown

-63.1%

3y, daily closes

SHAK over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with SHAK

Asset		Correlation (3Y)
CAVA	CAVA Group, Inc.	0.48
PTLO	Portillo's Inc.	0.48
NVST	Envista Holdings Corporation	0.47
RVLV	Revolve Group, Inc.	0.47
CAKE	The Cheesecake Factory Incorporated	0.47

These are the assets whose returns had the least to do with SHAK's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.34
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.28
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.28

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/shak.json

Correlations, diversifiers, beta and volatility for SHAK, plus one endpoint per pair. API documentation.

ETF		SHAK weight
IWM	iShares Russell 2000 ETF	0.09%