HRL vs. SPY
Compare and contrast key facts about Hormel Foods Corporation (HRL) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HRL or SPY.
Performance
HRL vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, HRL achieves a -5.33% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, HRL has underperformed SPY with an annualized return of 3.00%, while SPY has yielded a comparatively higher 13.04% annualized return.
HRL
-5.33%
-8.85%
-17.70%
-6.53%
-4.89%
3.00%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| HRL | SPY | |
|---|---|---|
| Sharpe Ratio | -0.26 | 2.64 |
| Sortino Ratio | -0.19 | 3.53 |
| Omega Ratio | 0.97 | 1.49 |
| Calmar Ratio | -0.15 | 3.81 |
| Martin Ratio | -0.67 | 17.21 |
| Ulcer Index | 10.36% | 1.86% |
| Daily Std Dev | 27.01% | 12.15% |
| Max Drawdown | -45.01% | -55.19% |
| Current Drawdown | -42.32% | -2.17% |
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Correlation
The correlation between HRL and SPY is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
HRL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hormel Foods Corporation (HRL) and SPDR S&P 500 ETF (SPY). 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.
Dividends
HRL vs. SPY - Dividend Comparison
HRL's dividend yield for the trailing twelve months is around 3.86%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRL Hormel Foods Corporation | 3.86% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 2.50% | 1.26% | 1.54% | 1.51% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
HRL vs. SPY - Drawdown Comparison
The maximum HRL drawdown since its inception was -45.01%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HRL and SPY. For additional features, visit the drawdowns tool.
Volatility
HRL vs. SPY - Volatility Comparison
Hormel Foods Corporation (HRL) has a higher volatility of 5.46% compared to SPDR S&P 500 ETF (SPY) at 4.06%. This indicates that HRL's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.