GIS vs. HRL
GIS (General Mills, Inc.) and HRL (Hormel Foods Corporation) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, GIS returned -3.08%/yr vs -1.22%/yr for HRL. At a 0.39 correlation, their price movements are largely independent.
Performance
GIS vs. HRL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GIS achieves a -26.51% return, which is significantly lower than HRL's 2.45% return. Over the past 10 years, GIS has underperformed HRL with an annualized return of -3.08%, while HRL has yielded a comparatively higher -1.22% annualized return.
GIS
- 1D
- -0.03%
- 1M
- -4.44%
- YTD
- -26.51%
- 6M
- -25.64%
- 1Y
- -36.06%
- 3Y*
- -22.93%
- 5Y*
- -8.46%
- 10Y*
- -3.08%
HRL
- 1D
- 0.08%
- 1M
- 15.66%
- YTD
- 2.45%
- 6M
- 1.81%
- 1Y
- -19.05%
- 3Y*
- -13.32%
- 5Y*
- -10.42%
- 10Y*
- -1.22%
GIS vs. HRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIS General Mills, Inc. | -26.51% | -23.75% | 1.45% | -19.97% | 28.09% | 18.53% | 13.60% | 43.13% | -31.57% | -0.65% |
HRL Hormel Foods Corporation | 2.45% | -21.27% | 1.21% | -27.49% | -4.67% | 6.99% | 5.38% | 7.85% | 19.68% | 6.72% |
Correlation
The correlation between GIS and HRL is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1990 | 0.39 |
The correlation between GIS and HRL shifts across timeframes, from 0.39 (all time) to 0.61 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
GIS:
$17.98B
HRL:
$13.02B
GIS:
$4.08
HRL:
$0.85
GIS:
8.12
HRL:
27.88
GIS:
0.98
HRL:
1.07
GIS:
1.92
HRL:
1.20
GIS:
$18.37B
HRL:
$12.22B
GIS:
$4.70B
HRL:
$1.92B
GIS:
$3.03B
HRL:
$868.07M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GIS vs. HRL — Risk / Return Rank
GIS
HRL
GIS vs. HRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Mills, Inc. (GIS) and Hormel Foods Corporation (HRL). 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.
| GIS | HRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 0.90 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.56 | -0.40 |
| Martin ratioReturn relative to average drawdown | -1.94 | -0.88 | -1.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GIS | HRL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.52 | -0.65 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | -0.43 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.14 | -0.05 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.37 | +0.05 |
Drawdowns
GIS vs. HRL - Drawdown Comparison
The maximum GIS drawdown since its inception was -59.63%, roughly equal to the maximum HRL drawdown of -58.46%. Use the drawdown chart below to compare losses from any high point for GIS and HRL.
Loading charts...
Drawdown Indicators
| GIS | HRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.63% | -58.46% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -37.97% | -34.29% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -55.56% | -46.94% | -8.62% |
Max Drawdown (5Y)Largest decline over 5 years | -59.63% | -58.46% | -1.17% |
Max Drawdown (10Y)Largest decline over 10 years | -59.63% | -58.46% | -1.17% |
Current DrawdownCurrent decline from peak | -58.42% | -50.26% | -8.16% |
Average DrawdownAverage peak-to-trough decline | -10.27% | -11.86% | +1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.63% | 21.78% | -3.15% |
Volatility
GIS vs. HRL - Volatility Comparison
The current volatility for General Mills, Inc. (GIS) is 6.96%, while Hormel Foods Corporation (HRL) has a volatility of 13.15%. This indicates that GIS experiences smaller price fluctuations and is considered to be less risky than HRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GIS | HRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 13.15% | -6.19% |
Volatility (6M)Calculated over the trailing 6-month period | 18.58% | 20.71% | -2.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.84% | 29.60% | -5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 24.08% | -2.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 23.32% | -1.23% |
Dividends
GIS vs. HRL - Dividend Comparison
GIS's dividend yield for the trailing twelve months is around 7.36%, more than HRL's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIS General Mills, Inc. | 7.36% | 5.20% | 3.73% | 3.47% | 2.50% | 3.03% | 3.37% | 3.66% | 5.03% | 3.27% | 3.01% | 3.00% |
HRL Hormel Foods Corporation | 4.93% | 4.89% | 3.60% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 1.67% | 1.26% |
Financials
GIS vs. HRL - Financials Comparison
This section allows you to compare key financial metrics between General Mills, Inc. and Hormel Foods Corporation. 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
GIS vs. HRL - Profitability Comparison
GIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Mills, Inc. reported a gross profit of 0.00 and revenue of 4.44B. Therefore, the gross margin over that period was 0.0%.
HRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a gross profit of 518.51M and revenue of 2.97B. Therefore, the gross margin over that period was 17.4%.
GIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Mills, Inc. reported an operating income of 524.60M and revenue of 4.44B, resulting in an operating margin of 11.8%.
HRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported an operating income of 217.11M and revenue of 2.97B, resulting in an operating margin of 7.3%.
GIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Mills, Inc. reported a net income of 303.10M and revenue of 4.44B, resulting in a net margin of 6.8%.
HRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a net income of 157.50M and revenue of 2.97B, resulting in a net margin of 5.3%.
Frequently Asked Questions
GIS and HRL have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRL has higher volatility (13.15%) compared to GIS (6.96%). In terms of maximum drawdown, GIS dropped -59.63% vs HRL's -58.46%.
HRL currently has the higher Sharpe Ratio (-0.65 vs -1.52), 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.
Find the right allocation for GIS and HRL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer