AEP vs. HSY
AEP (American Electric Power Company, Inc.) and HSY (The Hershey Company) are both stocks. AEP operates in Utilities - Regulated Electric (Utilities), while HSY operates in Confectioners (Consumer Defensive). Over the past 10 years, AEP returned 10.65%/yr vs 8.29%/yr for HSY. At a 0.33 correlation, their price movements are largely independent.
Performance
AEP vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, AEP achieves a 14.72% return, which is significantly higher than HSY's -4.75% return. Over the past 10 years, AEP has outperformed HSY with an annualized return of 10.65%, while HSY has yielded a comparatively lower 8.29% annualized return.
AEP
- 1D
- 2.04%
- 1M
- -0.98%
- YTD
- 14.72%
- 6M
- 15.41%
- 1Y
- 32.11%
- 3Y*
- 20.36%
- 5Y*
- 13.56%
- 10Y*
- 10.65%
HSY
- 1D
- -1.01%
- 1M
- -12.27%
- YTD
- -4.75%
- 6M
- -7.00%
- 1Y
- 2.66%
- 3Y*
- -10.39%
- 5Y*
- 2.56%
- 10Y*
- 8.29%
AEP vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEP American Electric Power Company, Inc. | 14.72% | 29.38% | 18.18% | -10.98% | 10.38% | 10.68% | -9.01% | 30.52% | 5.38% | 20.95% |
HSY The Hershey Company | -4.75% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
Correlation
The correlation between AEP and HSY is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.33 |
The correlation between AEP and HSY shifts across timeframes, from 0.30 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AEP:
$71.28B
HSY:
$34.91B
AEP:
$6.82
HSY:
$5.38
AEP:
19.09
HSY:
31.79
AEP:
3.15
HSY:
2.90
AEP:
2.24
HSY:
7.37
AEP:
$22.16B
HSY:
$11.99B
AEP:
$8.95B
HSY:
$4.17B
AEP:
$8.70B
HSY:
$2.04B
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Return for Risk
AEP vs. HSY — Risk / Return Rank
AEP
HSY
AEP vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Electric Power Company, Inc. (AEP) and The Hershey Company (HSY). 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.
| AEP | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.04 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 0.10 | +3.45 |
| Martin ratioReturn relative to average drawdown | 8.69 | 0.25 | +8.44 |
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Drawdowns
AEP vs. HSY - Drawdown Comparison
The maximum AEP drawdown since its inception was -62.75%, which is greater than HSY's maximum drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for AEP and HSY.
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Drawdown Indicators
| AEP | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.75% | -49.15% | -13.60% |
Max Drawdown (1Y)Largest decline over 1 year | -9.09% | -27.12% | +18.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | -42.01% | +23.97% |
Max Drawdown (5Y)Largest decline over 5 years | -29.56% | -45.25% | +15.69% |
Max Drawdown (10Y)Largest decline over 10 years | -32.91% | -45.25% | +12.34% |
Current DrawdownCurrent decline from peak | -4.30% | -32.29% | +27.99% |
Average DrawdownAverage peak-to-trough decline | -17.54% | -13.11% | -4.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 10.59% | -6.89% |
Volatility
AEP vs. HSY - Volatility Comparison
The current volatility for American Electric Power Company, Inc. (AEP) is 5.82%, while The Hershey Company (HSY) has a volatility of 9.50%. This indicates that AEP experiences smaller price fluctuations and is considered to be less risky than HSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEP | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 9.50% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 13.41% | 20.26% | -6.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.43% | 27.70% | -9.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.00% | 22.85% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 23.49% | -2.50% |
Dividends
AEP vs. HSY - Dividend Comparison
AEP's dividend yield for the trailing twelve months is around 2.90%, less than HSY's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEP American Electric Power Company, Inc. | 2.90% | 3.24% | 3.87% | 4.15% | 3.34% | 3.37% | 3.41% | 2.87% | 3.39% | 3.25% | 3.61% | 3.69% |
HSY The Hershey Company | 3.30% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
Financials
AEP vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between American Electric Power Company, Inc. and The Hershey Company. 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
AEP vs. HSY - Profitability Comparison
AEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Electric Power Company, Inc. reported a gross profit of 3.90B and revenue of 6.02B. Therefore, the gross margin over that period was 64.8%.
HSY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a gross profit of 1.22B and revenue of 3.10B. Therefore, the gross margin over that period was 39.4%.
AEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Electric Power Company, Inc. reported an operating income of 1.36B and revenue of 6.02B, resulting in an operating margin of 22.6%.
HSY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported an operating income of 640.69M and revenue of 3.10B, resulting in an operating margin of 20.6%.
AEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Electric Power Company, Inc. reported a net income of 874.00M and revenue of 6.02B, resulting in a net margin of 14.5%.
HSY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a net income of 435.11M and revenue of 3.10B, resulting in a net margin of 14.0%.
Frequently Asked Questions
AEP and HSY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSY has higher volatility (9.50%) compared to AEP (5.82%). In terms of maximum drawdown, AEP dropped -62.75% vs HSY's -49.15%.
AEP currently has the higher Sharpe Ratio (1.75 vs 0.10), 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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