CAG vs. HBM
CAG (Conagra Brands, Inc.) and HBM (Hudbay Minerals Inc.) are both stocks. CAG operates in Packaged Foods (Consumer Defensive), while HBM operates in Copper (Basic Materials). Over the past 10 years, CAG returned -5.70%/yr vs 19.31%/yr for HBM. At a 0.11 correlation, their price movements are largely independent.
Performance
CAG vs. HBM - 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 HBM's 40.23% return. Over the past 10 years, CAG has underperformed HBM with an annualized return of -5.70%, while HBM has yielded a comparatively higher 19.31% 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%
HBM
- 1D
- 4.43%
- 1M
- 0.32%
- YTD
- 40.23%
- 6M
- 49.02%
- 1Y
- 189.83%
- 3Y*
- 78.89%
- 5Y*
- 31.42%
- 10Y*
- 19.31%
CAG vs. HBM - 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% |
HBM Hudbay Minerals Inc. | 40.23% | 145.46% | 47.03% | 9.24% | -29.87% | 3.82% | 69.50% | -11.77% | -46.20% | 54.77% |
Correlation
The correlation between CAG and HBM is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2009 | 0.11 |
Fundamentals
CAG:
$6.58B
HBM:
$11.09B
CAG:
-$0.09
HBM:
$1.65
CAG:
0.59
HBM:
4.68
CAG:
0.81
HBM:
3.13
CAG:
$11.18B
HBM:
$2.37B
CAG:
$2.70B
HBM:
$828.54M
CAG:
$792.70M
HBM:
$1.54B
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Return for Risk
CAG vs. HBM — Risk / Return Rank
CAG
HBM
CAG vs. HBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) and Hudbay Minerals Inc. (HBM). 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 | HBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.41 | ||
| Sortino ratioReturn per unit of downside risk | -4.95 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.44 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 5.28 | -6.18 |
| Martin ratioReturn relative to average drawdown | -1.81 | 16.41 | -18.22 |
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Drawdowns
CAG vs. HBM - Drawdown Comparison
The maximum CAG drawdown since its inception was -62.52%, smaller than the maximum HBM drawdown of -92.21%. Use the drawdown chart below to compare losses from any high point for CAG and HBM.
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Drawdown Indicators
| CAG | HBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.52% | -92.21% | +29.69% |
Max Drawdown (1Y)Largest decline over 1 year | -36.75% | -36.16% | -0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -56.85% | -41.11% | -15.74% |
Max Drawdown (5Y)Largest decline over 5 years | -62.52% | -63.33% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -62.52% | -86.34% | +23.82% |
Current DrawdownCurrent decline from peak | -59.06% | -12.68% | -46.38% |
Average DrawdownAverage peak-to-trough decline | -15.76% | -52.45% | +36.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.37% | 11.62% | +8.75% |
Volatility
CAG vs. HBM - Volatility Comparison
The current volatility for Conagra Brands, Inc. (CAG) is 8.53%, while Hudbay Minerals Inc. (HBM) has a volatility of 25.87%. This indicates that CAG experiences smaller price fluctuations and is considered to be less risky than HBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAG | HBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 25.87% | -17.34% |
Volatility (6M)Calculated over the trailing 6-month period | 22.11% | 47.72% | -25.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.21% | 59.13% | -30.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 55.51% | -32.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 58.82% | -32.62% |
Dividends
CAG vs. HBM - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 10.19%, more than HBM's 0.08% 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% |
HBM Hudbay Minerals Inc. | 0.08% | 0.07% | 0.17% | 0.31% | 0.32% | 0.22% | 0.21% | 0.36% | 0.38% | 0.23% | 0.35% | 0.52% |
Financials
CAG vs. HBM - Financials Comparison
This section allows you to compare key financial metrics between Conagra Brands, Inc. and Hudbay Minerals Inc.. 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. HBM - 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%.
HBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a gross profit of 340.81M and revenue of 745.43M. Therefore, the gross margin over that period was 45.7%.
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%.
HBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported an operating income of 297.62M and revenue of 745.43M, resulting in an operating margin of 39.9%.
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%.
HBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudbay Minerals Inc. reported a net income of 187.76M and revenue of 745.43M, resulting in a net margin of 25.2%.
Frequently Asked Questions
CAG and HBM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBM has higher volatility (25.87%) compared to CAG (8.53%). In terms of maximum drawdown, CAG dropped -62.52% vs HBM's -92.21%.
HBM currently has the higher Sharpe Ratio (3.23 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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