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.
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.
Performance
HRL vs. SPY - Performance Comparison
Key characteristics
HRL:
-0.02
SPY:
2.20
HRL:
0.16
SPY:
2.91
HRL:
1.02
SPY:
1.41
HRL:
-0.01
SPY:
3.35
HRL:
-0.05
SPY:
13.99
HRL:
11.31%
SPY:
2.01%
HRL:
26.53%
SPY:
12.79%
HRL:
-45.01%
SPY:
-55.19%
HRL:
-40.59%
SPY:
-1.35%
Returns By Period
In the year-to-date period, HRL achieves a -3.66% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, HRL has underperformed SPY with an annualized return of 3.53%, while SPY has yielded a comparatively higher 13.44% annualized return.
HRL
-3.66%
-4.30%
-4.06%
1.27%
-5.95%
3.53%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
HRL vs. SPY — Risk-Adjusted Performance Rank
HRL
SPY
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 3.80%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRL Hormel Foods Corporation | 3.80% | 3.60% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 1.67% | 1.26% | 1.54% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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) and SPDR S&P 500 ETF (SPY) have volatilities of 4.85% and 5.10%, 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.