HRL vs. ACWI
HRL (Hormel Foods Corporation) is a stock, while ACWI (iShares MSCI ACWI ETF) is Global Equities fund tracking the MSCI All Country World Index. Over the past 10 years, HRL returned -0.61%/yr vs 13.07%/yr for ACWI. At a 0.34 correlation, their price movements are largely independent.
Performance
HRL vs. ACWI - Performance Comparison
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Returns By Period
In the year-to-date period, HRL achieves a 10.73% return, which is significantly higher than ACWI's 9.71% return. Over the past 10 years, HRL has underperformed ACWI with an annualized return of -0.61%, while ACWI has yielded a comparatively higher 13.07% annualized return.
HRL
- 1D
- 3.36%
- 1M
- 20.29%
- YTD
- 10.73%
- 6M
- 7.78%
- 1Y
- -11.76%
- 3Y*
- -10.75%
- 5Y*
- -8.82%
- 10Y*
- -0.61%
ACWI
- 1D
- -0.14%
- 1M
- -0.49%
- YTD
- 9.71%
- 6M
- 8.77%
- 1Y
- 23.79%
- 3Y*
- 19.95%
- 5Y*
- 10.62%
- 10Y*
- 13.07%
HRL vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRL Hormel Foods Corporation | 10.73% | -21.27% | 1.21% | -27.49% | -4.67% | 6.99% | 5.38% | 7.85% | 19.68% | 6.72% |
ACWI iShares MSCI ACWI ETF | 9.71% | 22.41% | 17.45% | 22.27% | -18.39% | 18.66% | 16.34% | 26.59% | -9.19% | 24.33% |
Correlation
The correlation between HRL and ACWI is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2008 | 0.34 |
Over the past year, the correlation between HRL and ACWI has dropped to 0.08 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
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Return for Risk
HRL vs. ACWI — Risk / Return Rank
HRL
ACWI
HRL vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hormel Foods Corporation (HRL) and iShares MSCI ACWI ETF (ACWI). 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.
| HRL | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.32 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.46 | -2.80 |
| Martin ratioReturn relative to average drawdown | -0.53 | 10.66 | -11.19 |
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Drawdowns
HRL vs. ACWI - Drawdown Comparison
The maximum HRL drawdown since its inception was -58.46%, roughly equal to the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for HRL and ACWI.
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Drawdown Indicators
| HRL | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.46% | -56.00% | -2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -34.29% | -9.73% | -24.56% |
Max Drawdown (3Y)Largest decline over 3 years | -46.94% | -16.55% | -30.39% |
Max Drawdown (5Y)Largest decline over 5 years | -58.46% | -26.42% | -32.04% |
Max Drawdown (10Y)Largest decline over 10 years | -58.46% | -33.53% | -24.93% |
Current DrawdownCurrent decline from peak | -46.24% | -2.96% | -43.28% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -8.59% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.11% | 2.24% | +19.87% |
Volatility
HRL vs. ACWI - Volatility Comparison
Hormel Foods Corporation (HRL) has a higher volatility of 12.88% compared to iShares MSCI ACWI ETF (ACWI) at 5.57%. This indicates that HRL's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRL | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.88% | 5.57% | +7.31% |
Volatility (6M)Calculated over the trailing 6-month period | 20.98% | 11.35% | +9.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.82% | 13.62% | +16.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.16% | 16.19% | +7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 17.07% | +6.28% |
Dividends
HRL vs. ACWI - Dividend Comparison
HRL's dividend yield for the trailing twelve months is around 4.56%, more than ACWI's 1.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 1.46% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
HRL Hormel Foods Corporation | 4.56% | 4.89% | 3.60% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 1.67% | 1.26% |
Frequently Asked Questions
HRL and ACWI have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRL has higher volatility (12.88%) compared to ACWI (5.57%). In terms of maximum drawdown, HRL dropped -58.46% vs ACWI's -56.00%.
ACWI currently has the higher Sharpe Ratio (1.76 vs -0.40), 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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