HAS vs. HSY
HAS (Hasbro, Inc.) and HSY (The Hershey Company) are both stocks. HAS operates in Leisure (Consumer Cyclical), while HSY operates in Confectioners (Consumer Defensive). Over the past 10 years, HAS returned 4.98%/yr vs 7.09%/yr for HSY. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
HAS vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, HAS achieves a 16.30% return, which is significantly higher than HSY's -2.43% return. Over the past 10 years, HAS has underperformed HSY with an annualized return of 4.98%, while HSY has yielded a comparatively higher 7.09% annualized return.
HAS
- 1D
- -0.62%
- 1M
- 17.21%
- 6M
- 6.78%
- YTD
- 16.30%
- 1Y
- 30.11%
- 3Y*
- 17.82%
- 5Y*
- 2.78%
- 10Y*
- 4.98%
- ALL TIME*
- 10.36%
HSY
- 1D
- -1.23%
- 1M
- -3.89%
- 6M
- -8.83%
- YTD
- -2.43%
- 1Y
- -4.61%
- 3Y*
- -6.10%
- 5Y*
- 2.05%
- 10Y*
- 7.09%
- ALL TIME*
- 12.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HAS Hasbro, Inc. | $287.94M | $217.60M | $192.53M |
| $334.98M | $334.20M | $373.33M |
HAS vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAS Hasbro, Inc. | 16.30% | 52.52% | 14.76% | -11.95% | -37.93% | 11.90% | -8.42% | 33.41% | -8.20% | 19.58% |
HSY The Hershey Company | -2.43% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
Correlation
The correlation between HAS and HSY is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.21 |
The correlation between HAS and HSY shifts across timeframes, from 0.10 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HAS:
$13.29B
HSY:
$35.51B
HAS:
$5.57
HSY:
$7.31
HAS:
16.85
HSY:
23.96
HAS:
2.69
HSY:
2.93
HAS:
18.42
HSY:
7.84
HAS:
$4.97B
HSY:
$12.16B
HAS:
$3.50B
HSY:
$4.64B
HAS:
$1.32B
HSY:
$2.61B
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Return for Risk
HAS vs. HSY — Risk / Return Rank
HAS
HSY
HAS vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hasbro, Inc. (HAS) 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.
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.
| HAS | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.00 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | -0.12 | +1.19 |
| Martin ratioReturn relative to average drawdown | 2.73 | -0.23 | +2.96 |
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Drawdowns
HAS vs. HSY - Drawdown Comparison
The maximum HAS drawdown since its inception was -74.17%, which is greater than HSY's maximum drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for HAS and HSY.
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Drawdown Indicators
| HAS | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.17% | -49.15% | -25.02% |
Max Drawdown (1Y)Largest decline over 1 year | -27.31% | -27.38% | +0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -40.27% | -34.15% | -6.12% |
Max Drawdown (5Y)Largest decline over 5 years | -55.05% | -45.25% | -9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -63.84% | -45.25% | -18.59% |
Current DrawdownCurrent decline from peak | -9.98% | -30.64% | +20.66% |
Average DrawdownAverage peak-to-trough decline | -24.41% | -13.16% | -11.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.72% | 13.40% | -2.68% |
Volatility
HAS vs. HSY - Volatility Comparison
Hasbro, Inc. (HAS) has a higher volatility of 12.46% compared to The Hershey Company (HSY) at 8.22%. This indicates that HAS's price experiences larger fluctuations and is considered to be riskier 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
| HAS | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.46% | 8.22% | +4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 25.75% | 21.96% | +3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.45% | 27.59% | +2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.85% | 23.28% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.05% | 23.08% | +10.97% |
Dividends
HAS vs. HSY - Dividend Comparison
HAS's dividend yield for the trailing twelve months is around 2.98%, less than HSY's 3.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAS Hasbro, Inc. | 2.98% | 3.41% | 5.01% | 5.48% | 4.56% | 2.67% | 2.91% | 2.53% | 3.03% | 2.44% | 2.56% | 2.69% |
HSY The Hershey Company | 3.22% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
Financials
HAS vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between Hasbro, Inc. 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
HAS vs. HSY - Profitability Comparison
HAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hasbro, Inc. reported a gross profit of 867.20M and revenue of 1.14B. Therefore, the gross margin over that period was 76.1%.
HSY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Hershey Company reported a gross profit of 1.26B and revenue of 2.79B. Therefore, the gross margin over that period was 45.3%.
HAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hasbro, Inc. reported an operating income of 252.50M and revenue of 1.14B, resulting in an operating margin of 22.2%.
HSY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Hershey Company reported an operating income of 642.64M and revenue of 2.79B, resulting in an operating margin of 23.1%.
HAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hasbro, Inc. reported a net income of 160.90M and revenue of 1.14B, resulting in a net margin of 14.1%.
HSY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Hershey Company reported a net income of 457.67M and revenue of 2.79B, resulting in a net margin of 16.4%.
Frequently Asked Questions
HAS and HSY have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAS has higher volatility (12.46%) compared to HSY (8.22%). In terms of maximum drawdown, HAS dropped -74.17% vs HSY's -49.15%.
HAS currently has the higher Sharpe Ratio (0.96 vs -0.11), 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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