ABT vs. HRL
ABT (Abbott Laboratories) and HRL (Hormel Foods Corporation) are both stocks. ABT operates in Medical Devices (Healthcare), while HRL operates in Packaged Foods (Consumer Defensive). Over the past 10 years, ABT returned 11.01%/yr vs -1.22%/yr for HRL. At a 0.24 correlation, their price movements are largely independent.
Performance
ABT vs. HRL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ABT achieves a -26.95% return, which is significantly lower than HRL's 2.45% return. Over the past 10 years, ABT has outperformed HRL with an annualized return of 11.01%, while HRL has yielded a comparatively lower -1.22% annualized return.
ABT
- 1D
- -0.63%
- 1M
- 7.33%
- YTD
- -26.95%
- 6M
- -25.03%
- 1Y
- -30.87%
- 3Y*
- -1.86%
- 5Y*
- -1.83%
- 10Y*
- 11.01%
HRL
- 1D
- 0.08%
- 1M
- 15.66%
- YTD
- 2.45%
- 6M
- 1.81%
- 1Y
- -19.05%
- 3Y*
- -13.32%
- 5Y*
- -10.42%
- 10Y*
- -1.22%
ABT vs. HRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABT Abbott Laboratories | -26.95% | 12.87% | 4.81% | 2.26% | -20.68% | 30.53% | 28.04% | 22.08% | 29.06% | 52.03% |
HRL Hormel Foods Corporation | 2.45% | -21.27% | 1.21% | -27.49% | -4.67% | 6.99% | 5.38% | 7.85% | 19.68% | 6.72% |
Correlation
The correlation between ABT and HRL 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 | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1990 | 0.24 |
Fundamentals
ABT:
$158.10B
HRL:
$13.02B
ABT:
$3.59
HRL:
$0.85
ABT:
25.21
HRL:
27.88
ABT:
3.51
HRL:
1.07
ABT:
2.39
HRL:
1.20
ABT:
$45.13B
HRL:
$12.22B
ABT:
$25.45B
HRL:
$1.92B
ABT:
$10.80B
HRL:
$868.07M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ABT vs. HRL — Risk / Return Rank
ABT
HRL
ABT vs. HRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abbott Laboratories (ABT) and Hormel Foods Corporation (HRL). 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.
| ABT | HRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 0.90 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | -0.56 | -0.24 |
| Martin ratioReturn relative to average drawdown | -1.79 | -0.88 | -0.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ABT | HRL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.27 | -0.65 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | -0.43 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | -0.05 | +0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.37 | +0.12 |
Drawdowns
ABT vs. HRL - Drawdown Comparison
The maximum ABT drawdown since its inception was -45.66%, smaller than the maximum HRL drawdown of -58.46%. Use the drawdown chart below to compare losses from any high point for ABT and HRL.
Loading charts...
Drawdown Indicators
| ABT | HRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.66% | -58.46% | +12.80% |
Max Drawdown (1Y)Largest decline over 1 year | -38.99% | -34.29% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -39.64% | -46.94% | +7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -39.64% | -58.46% | +18.82% |
Max Drawdown (10Y)Largest decline over 10 years | -39.64% | -58.46% | +18.82% |
Current DrawdownCurrent decline from peak | -33.84% | -50.26% | +16.42% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -11.86% | +1.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.23% | 21.78% | -4.55% |
Volatility
ABT vs. HRL - Volatility Comparison
The current volatility for Abbott Laboratories (ABT) is 8.41%, while Hormel Foods Corporation (HRL) has a volatility of 13.15%. This indicates that ABT experiences smaller price fluctuations and is considered to be less risky than HRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ABT | HRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 13.15% | -4.74% |
Volatility (6M)Calculated over the trailing 6-month period | 19.45% | 20.71% | -1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.42% | 29.60% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.04% | 24.08% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.67% | 23.32% | +0.35% |
Dividends
ABT vs. HRL - Dividend Comparison
ABT's dividend yield for the trailing twelve months is around 2.70%, less than HRL's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABT Abbott Laboratories | 2.70% | 1.88% | 1.95% | 1.85% | 1.71% | 1.28% | 1.32% | 1.47% | 1.55% | 1.86% | 2.71% | 2.14% |
HRL Hormel Foods Corporation | 4.93% | 4.89% | 3.60% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 1.67% | 1.26% |
Financials
ABT vs. HRL - Financials Comparison
This section allows you to compare key financial metrics between Abbott Laboratories and Hormel Foods Corporation. 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
ABT vs. HRL - Profitability Comparison
ABT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported a gross profit of 6.28B and revenue of 11.16B. Therefore, the gross margin over that period was 56.3%.
HRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a gross profit of 518.51M and revenue of 2.97B. Therefore, the gross margin over that period was 17.4%.
ABT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported an operating income of 1.84B and revenue of 11.16B, resulting in an operating margin of 16.5%.
HRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported an operating income of 217.11M and revenue of 2.97B, resulting in an operating margin of 7.3%.
ABT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Abbott Laboratories reported a net income of 1.08B and revenue of 11.16B, resulting in a net margin of 9.7%.
HRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a net income of 157.50M and revenue of 2.97B, resulting in a net margin of 5.3%.
Frequently Asked Questions
ABT and HRL 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.
HRL has higher volatility (13.15%) compared to ABT (8.41%). In terms of maximum drawdown, ABT dropped -45.66% vs HRL's -58.46%.
HRL currently has the higher Sharpe Ratio (-0.65 vs -1.27), 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.
Find the right allocation for ABT and HRL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer