HSY vs. AAPL
HSY (The Hershey Company) and AAPL (Apple Inc) are both stocks. HSY operates in Confectioners (Consumer Defensive), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, HSY returned 9.11%/yr vs 29.36%/yr for AAPL. At a 0.17 correlation, their price movements are largely independent.
Performance
HSY vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, HSY achieves a 1.25% return, which is significantly lower than AAPL's 7.29% return. Over the past 10 years, HSY has underperformed AAPL with an annualized return of 9.11%, while AAPL has yielded a comparatively higher 29.36% annualized return.
HSY
- 1D
- 0.45%
- 1M
- -6.45%
- YTD
- 1.25%
- 6M
- 1.34%
- 1Y
- 8.70%
- 3Y*
- -8.39%
- 5Y*
- 3.29%
- 10Y*
- 9.11%
AAPL
- 1D
- -1.52%
- 1M
- -2.59%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 46.73%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
HSY vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | 1.25% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between HSY and AAPL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.17 |
Fundamentals
HSY:
$37.11B
AAPL:
$4.30T
HSY:
$5.38
AAPL:
$8.24
HSY:
33.80
AAPL:
35.35
HSY:
3.08
AAPL:
9.60
HSY:
7.84
AAPL:
40.37
HSY:
$11.99B
AAPL:
$451.44B
HSY:
$4.17B
AAPL:
$216.07B
HSY:
$2.04B
AAPL:
$153.63B
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Return for Risk
HSY vs. AAPL — Risk / Return Rank
HSY
AAPL
HSY vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hershey Company (HSY) and Apple Inc (AAPL). 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.
| HSY | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.38 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 3.40 | -3.05 |
| Martin ratioReturn relative to average drawdown | 0.87 | 8.47 | -7.60 |
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Drawdowns
HSY vs. AAPL - Drawdown Comparison
The maximum HSY drawdown since its inception was -49.15%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for HSY and AAPL.
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Drawdown Indicators
| HSY | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -81.80% | +32.65% |
Max Drawdown (1Y)Largest decline over 1 year | -25.01% | -13.80% | -11.21% |
Max Drawdown (3Y)Largest decline over 3 years | -42.23% | -33.36% | -8.87% |
Max Drawdown (5Y)Largest decline over 5 years | -45.25% | -33.36% | -11.89% |
Max Drawdown (10Y)Largest decline over 10 years | -45.25% | -38.52% | -6.73% |
Current DrawdownCurrent decline from peak | -28.02% | -7.64% | -20.38% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -29.59% | +16.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.00% | 5.53% | +4.47% |
Volatility
HSY vs. AAPL - Volatility Comparison
The Hershey Company (HSY) has a higher volatility of 9.48% compared to Apple Inc (AAPL) at 6.73%. This indicates that HSY's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSY | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.48% | 6.73% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 20.08% | 16.53% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.49% | 22.64% | +4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.77% | 27.52% | -4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.44% | 28.92% | -5.48% |
Dividends
HSY vs. AAPL - Dividend Comparison
HSY's dividend yield for the trailing twelve months is around 3.11%, more than AAPL's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
HSY The Hershey Company | 3.11% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
Financials
HSY vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between The Hershey Company and Apple Inc. 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
HSY vs. AAPL - Profitability Comparison
HSY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a gross profit of 1.22B and revenue of 3.10B. Therefore, the gross margin over that period was 39.4%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a gross profit of 54.78B and revenue of 111.18B. Therefore, the gross margin over that period was 49.3%.
HSY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported an operating income of 640.69M and revenue of 3.10B, resulting in an operating margin of 20.6%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.
HSY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Hershey Company reported a net income of 435.11M and revenue of 3.10B, resulting in a net margin of 14.0%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.
Frequently Asked Questions
HSY and AAPL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSY has higher volatility (9.48%) compared to AAPL (6.73%). In terms of maximum drawdown, HSY dropped -49.15% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.07 vs 0.32), 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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