CPB vs. CAG
CPB (Campbell Soup Company) and CAG (Conagra Brands, Inc.) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, CPB returned -6.68%/yr vs -5.11%/yr for CAG. At a 0.45 correlation, their price movements are largely independent.
Performance
CPB vs. CAG - Performance Comparison
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Returns By Period
In the year-to-date period, CPB achieves a -15.79% return, which is significantly lower than CAG's -10.31% return. Over the past 10 years, CPB has underperformed CAG with an annualized return of -6.68%, while CAG has yielded a comparatively higher -5.11% annualized return.
CPB
- 1D
- 1.13%
- 1M
- 7.41%
- 6M
- -12.62%
- YTD
- -15.79%
- 1Y
- -22.82%
- 3Y*
- -17.97%
- 5Y*
- -9.27%
- 10Y*
- -6.68%
- ALL TIME*
- 6.60%
CAG
- 1D
- 1.43%
- 1M
- 12.50%
- 6M
- -9.58%
- YTD
- -10.31%
- 1Y
- -13.95%
- 3Y*
- -18.83%
- 5Y*
- -10.91%
- 10Y*
- -5.11%
- ALL TIME*
- 6.76%
CPB vs. CAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | -15.79% | -30.47% | 0.09% | -21.45% | 34.84% | -7.19% | 0.72% | 55.19% | -29.12% | -18.30% |
CAG Conagra Brands, Inc. | -10.31% | -33.32% | 1.46% | -22.82% | 17.52% | -2.55% | 8.69% | 65.50% | -41.99% | -2.55% |
Correlation
The correlation between CPB and CAG is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
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 |
Over the past year, CPB and CAG have become more correlated (0.69) than their long-term average of 0.45, meaning their price movements have been converging.
Fundamentals
CPB:
$6.66B
CAG:
$7.11B
CPB:
$2.03
CAG:
-$4.00
CPB:
0.67
CAG:
0.63
CPB:
1.66
CAG:
1.12
CPB:
$9.93B
CAG:
$11.28B
CPB:
$2.86B
CAG:
$2.70B
CPB:
$1.42B
CAG:
-$1.63B
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Return for Risk
CPB vs. CAG — Risk / Return Rank
CPB
CAG
CPB vs. CAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Campbell Soup Company (CPB) and Conagra Brands, Inc. (CAG). 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.
| CPB | CAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.95 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.39 | -0.20 |
| Martin ratioReturn relative to average drawdown | -0.99 | -0.79 | -0.21 |
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Drawdowns
CPB vs. CAG - Drawdown Comparison
The maximum CPB drawdown since its inception was -64.65%, roughly equal to the maximum CAG drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for CPB and CAG.
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Drawdown Indicators
| CPB | CAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.65% | -62.52% | -2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -35.58% | -2.95% |
Max Drawdown (3Y)Largest decline over 3 years | -58.07% | -56.66% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -60.04% | -62.52% | +2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -60.04% | -62.52% | +2.48% |
Current DrawdownCurrent decline from peak | -54.61% | -55.76% | +1.15% |
Average DrawdownAverage peak-to-trough decline | -22.27% | -15.87% | -6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.98% | 17.74% | +5.24% |
Volatility
CPB vs. CAG - Volatility Comparison
Campbell Soup Company (CPB) and Conagra Brands, Inc. (CAG) have volatilities of 12.62% and 12.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPB | CAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.62% | 12.68% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 24.13% | 24.14% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.35% | 29.94% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 23.88% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.79% | 26.51% | -0.72% |
Dividends
CPB vs. CAG - Dividend Comparison
CPB's dividend yield for the trailing twelve months is around 6.98%, less than CAG's 9.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 9.43% | 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 | 6.98% | 5.60% | 3.53% | 3.42% | 2.61% | 3.41% | 2.90% | 2.83% | 4.24% | 2.91% | 2.13% | 2.37% |
Financials
CPB vs. CAG - Financials Comparison
This section allows you to compare key financial metrics between Campbell Soup Company and Conagra Brands, 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
CPB vs. CAG - Profitability Comparison
CPB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Conagra Brands, Inc. reported a gross profit of 701.70M and revenue of 2.88B. Therefore, the gross margin over that period was 24.4%.
CPB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Conagra Brands, Inc. reported an operating income of -2.63B and revenue of 2.88B, resulting in an operating margin of -91.2%.
CPB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Campbell Soup Company reported a net income of 124.00M and revenue of 2.37B, resulting in a net margin of 5.2%.
CAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Conagra Brands, Inc. reported a net income of -1.62B and revenue of 2.88B, resulting in a net margin of -56.1%.
Frequently Asked Questions
CPB and CAG have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (12.68%) compared to CPB (12.62%). In terms of maximum drawdown, CPB dropped -64.65% vs CAG's -62.52%.
CAG currently has the higher Sharpe Ratio (-0.47 vs -0.73), 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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