BYCBF vs. HSY
BYCBF (Barry Callebaut AG) and HSY (The Hershey Company) are both stocks. Both operate in the Confectioners industry within the Consumer Defensive sector. Over the past 10 years, BYCBF returned 4.06%/yr vs 9.55%/yr for HSY. At a 0.02 correlation, their price movements are largely independent.
Performance
BYCBF vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, BYCBF achieves a -12.43% return, which is significantly lower than HSY's 1.84% return. Over the past 10 years, BYCBF has underperformed HSY with an annualized return of 4.06%, while HSY has yielded a comparatively higher 9.55% annualized return.
BYCBF
- 1D
- -4.29%
- 1M
- -4.60%
- YTD
- -12.43%
- 6M
- -2.10%
- 1Y
- 50.24%
- 3Y*
- -8.01%
- 5Y*
- -5.79%
- 10Y*
- 4.06%
HSY
- 1D
- -0.27%
- 1M
- -0.43%
- YTD
- 1.84%
- 6M
- 1.57%
- 1Y
- 16.54%
- 3Y*
- -8.42%
- 5Y*
- 3.39%
- 10Y*
- 9.55%
BYCBF vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BYCBF Barry Callebaut AG | -12.43% | 26.67% | -14.21% | -13.53% | -16.97% | 9.60% | 13.01% | 33.05% | -23.93% | 72.05% |
HSY The Hershey Company | 1.84% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
Correlation
The correlation between BYCBF and HSY is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2007 | 0.02 |
Fundamentals
BYCBF:
$7.99B
HSY:
$37.32B
BYCBF:
$70.32
HSY:
$5.38
BYCBF:
20.62
HSY:
33.99
BYCBF:
0.29
HSY:
3.10
BYCBF:
3.18
HSY:
7.88
BYCBF:
$27.27B
HSY:
$11.99B
BYCBF:
$2.80B
HSY:
$4.17B
BYCBF:
$1.67B
HSY:
$2.04B
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Return for Risk
BYCBF vs. HSY — Risk / Return Rank
BYCBF
HSY
BYCBF vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barry Callebaut AG (BYCBF) 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.
| BYCBF | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.13 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 0.72 | +1.13 |
| Martin ratioReturn relative to average drawdown | 5.10 | 1.78 | +3.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BYCBF | HSY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 0.61 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.15 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.41 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.49 | -0.32 |
Drawdowns
BYCBF vs. HSY - Drawdown Comparison
The maximum BYCBF drawdown since its inception was -61.90%, which is greater than HSY's maximum drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for BYCBF and HSY.
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Drawdown Indicators
| BYCBF | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.90% | -49.15% | -12.75% |
Max Drawdown (1Y)Largest decline over 1 year | -27.28% | -22.97% | -4.31% |
Max Drawdown (3Y)Largest decline over 3 years | -52.31% | -42.23% | -10.08% |
Max Drawdown (5Y)Largest decline over 5 years | -61.90% | -45.25% | -16.65% |
Max Drawdown (10Y)Largest decline over 10 years | -61.90% | -45.25% | -16.65% |
Current DrawdownCurrent decline from peak | -36.93% | -27.60% | -9.33% |
Average DrawdownAverage peak-to-trough decline | -13.23% | -13.09% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.88% | 9.31% | +0.57% |
Volatility
BYCBF vs. HSY - Volatility Comparison
The current volatility for Barry Callebaut AG (BYCBF) is 5.22%, while The Hershey Company (HSY) has a volatility of 8.42%. This indicates that BYCBF 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
| BYCBF | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 8.42% | -3.20% |
Volatility (6M)Calculated over the trailing 6-month period | 31.28% | 19.43% | +11.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.01% | 27.19% | +17.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.57% | 22.65% | +15.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.04% | 23.40% | +9.64% |
Dividends
BYCBF vs. HSY - Dividend Comparison
BYCBF has not paid dividends to shareholders, while HSY's dividend yield for the trailing twelve months is around 3.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYCBF Barry Callebaut AG | 0.00% | 1.94% | 5.09% | 3.68% | 3.01% | 1.96% | 2.36% | 1.20% | 1.37% | 0.75% | 0.00% | 0.00% |
HSY The Hershey Company | 3.09% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
Financials
BYCBF vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between Barry Callebaut AG 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
BYCBF vs. HSY - Profitability Comparison
BYCBF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barry Callebaut AG reported a gross profit of 668.39M and revenue of 6.75B. Therefore, the gross margin over that period was 9.9%.
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%.
BYCBF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barry Callebaut AG reported an operating income of 294.80M and revenue of 6.75B, resulting in an operating margin of 4.4%.
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%.
BYCBF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barry Callebaut AG reported a net income of 89.31M and revenue of 6.75B, resulting in a net margin of 1.3%.
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
BYCBF and HSY have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSY has higher volatility (8.42%) compared to BYCBF (5.22%). In terms of maximum drawdown, BYCBF dropped -61.90% vs HSY's -49.15%.
BYCBF currently has the higher Sharpe Ratio (1.12 vs 0.61), 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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