CAG vs. CPB
CAG (Conagra Brands, Inc.) and CPB (Campbell Soup Company) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, CAG returned -5.70%/yr vs -6.46%/yr for CPB. At a 0.45 correlation, their price movements are largely independent.
Performance
CAG vs. CPB - Performance Comparison
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Returns By Period
In the year-to-date period, CAG achieves a -17.02% return, which is significantly lower than CPB's -15.45% return. Over the past 10 years, CAG has outperformed CPB with an annualized return of -5.70%, while CPB has yielded a comparatively lower -6.46% annualized return.
CAG
- 1D
- 2.16%
- 1M
- -2.48%
- YTD
- -17.02%
- 6M
- -19.07%
- 1Y
- -32.99%
- 3Y*
- -21.83%
- 5Y*
- -13.84%
- 10Y*
- -5.70%
CPB
- 1D
- 0.35%
- 1M
- 12.09%
- YTD
- -15.45%
- 6M
- -18.01%
- 1Y
- -27.52%
- 3Y*
- -17.59%
- 5Y*
- -9.79%
- 10Y*
- -6.46%
CAG vs. CPB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | -17.02% | -33.32% | 1.46% | -22.82% | 17.52% | -2.55% | 8.69% | 65.50% | -41.99% | -2.55% |
CPB Campbell Soup Company | -15.45% | -30.47% | 0.09% | -21.45% | 34.84% | -7.19% | 0.72% | 55.19% | -29.12% | -18.30% |
Correlation
The correlation between CAG and CPB is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.45 |
The correlation between CAG and CPB shifts across timeframes, from 0.45 (all time) to 0.70 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CAG:
$6.58B
CPB:
$6.82B
CAG:
-$0.09
CPB:
$2.03
CAG:
0.59
CPB:
0.69
CAG:
0.81
CPB:
1.69
CAG:
$11.18B
CPB:
$9.93B
CAG:
$2.70B
CPB:
$2.86B
CAG:
$792.70M
CPB:
$1.42B
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Return for Risk
CAG vs. CPB — Risk / Return Rank
CAG
CPB
CAG vs. CPB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) and Campbell Soup Company (CPB). 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.
| CAG | CPB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.85 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | -0.72 | -0.18 |
| Martin ratioReturn relative to average drawdown | -1.81 | -1.33 | -0.49 |
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Drawdowns
CAG vs. CPB - Drawdown Comparison
The maximum CAG drawdown since its inception was -62.52%, roughly equal to the maximum CPB drawdown of -64.65%. Use the drawdown chart below to compare losses from any high point for CAG and CPB.
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Drawdown Indicators
| CAG | CPB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.52% | -64.65% | +2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -36.75% | -38.53% | +1.78% |
Max Drawdown (3Y)Largest decline over 3 years | -56.85% | -58.07% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -62.52% | -60.04% | -2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -62.52% | -60.04% | -2.48% |
Current DrawdownCurrent decline from peak | -59.06% | -54.42% | -4.64% |
Average DrawdownAverage peak-to-trough decline | -15.76% | -22.19% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.37% | 20.81% | -0.44% |
Volatility
CAG vs. CPB - Volatility Comparison
Conagra Brands, Inc. (CAG) has a higher volatility of 8.53% compared to Campbell Soup Company (CPB) at 7.06%. This indicates that CAG's price experiences larger fluctuations and is considered to be riskier than CPB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAG | CPB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 7.06% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 22.11% | 21.72% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.21% | 29.25% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 24.00% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 25.56% | +0.64% |
Dividends
CAG vs. CPB - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 10.19%, more than CPB's 6.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 10.19% | 8.09% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 29.36% | 2.37% |
CPB Campbell Soup Company | 6.84% | 5.60% | 3.53% | 3.42% | 2.61% | 3.41% | 2.90% | 2.83% | 4.24% | 2.91% | 2.13% | 2.37% |
Financials
CAG vs. CPB - Financials Comparison
This section allows you to compare key financial metrics between Conagra Brands, Inc. and Campbell Soup 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
CAG vs. CPB - Profitability Comparison
CAG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a gross profit of 657.70M and revenue of 2.79B. Therefore, the gross margin over that period was 23.6%.
CPB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Campbell Soup Company reported a gross profit of 650.00M and revenue of 2.37B. Therefore, the gross margin over that period was 27.5%.
CAG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported an operating income of 280.10M and revenue of 2.79B, resulting in an operating margin of 10.1%.
CPB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Campbell Soup Company reported an operating income of 239.00M and revenue of 2.37B, resulting in an operating margin of 10.1%.
CAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a net income of 199.80M and revenue of 2.79B, resulting in a net margin of 7.2%.
CPB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Campbell Soup Company reported a net income of 124.00M and revenue of 2.37B, resulting in a net margin of 5.2%.
Frequently Asked Questions
CAG and CPB have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (8.53%) compared to CPB (7.06%). In terms of maximum drawdown, CAG dropped -62.52% vs CPB's -64.65%.
CPB currently has the higher Sharpe Ratio (-0.94 vs -1.17), 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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