HSY vs. ADM
HSY (The Hershey Company) and ADM (Archer-Daniels-Midland Company) are both stocks. Both are in the Consumer Defensive sector — HSY in Confectioners, ADM in Farm Products. Over the past 10 years, HSY returned 7.09%/yr vs 9.38%/yr for ADM. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
HSY vs. ADM - Performance Comparison
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Returns By Period
In the year-to-date period, HSY achieves a -2.43% return, which is significantly lower than ADM's 39.84% return. Over the past 10 years, HSY has underperformed ADM with an annualized return of 7.09%, while ADM has yielded a comparatively higher 9.38% annualized return.
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%
ADM
- 1D
- -1.66%
- 1M
- 3.23%
- 6M
- 19.44%
- YTD
- 39.84%
- 1Y
- 51.84%
- 3Y*
- 1.00%
- 5Y*
- 8.85%
- 10Y*
- 9.38%
- ALL TIME*
- 7.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $327.88M | $285.87M | $300.91M | |
| $334.98M | $334.20M | $373.33M |
HSY vs. ADM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | -2.43% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
ADM Archer-Daniels-Midland Company | 39.84% | 18.24% | -27.52% | -20.42% | 39.98% | 37.33% | 12.44% | 17.10% | 5.28% | -9.48% |
Correlation
The correlation between HSY and ADM is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.29 |
The correlation between HSY and ADM shifts across timeframes, from 0.12 (1 year) to 0.30 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HSY:
$35.51B
ADM:
$38.20B
HSY:
$7.31
ADM:
$2.23
HSY:
23.96
ADM:
35.49
HSY:
2.93
ADM:
0.48
HSY:
7.84
ADM:
1.68
HSY:
$12.16B
ADM:
$80.61B
HSY:
$4.64B
ADM:
$4.70B
HSY:
$2.61B
ADM:
$3.48B
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Return for Risk
HSY vs. ADM — Risk / Return Rank
HSY
ADM
HSY vs. ADM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hershey Company (HSY) and Archer-Daniels-Midland Company (ADM). 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 | ADM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.31 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 4.00 | -4.12 |
| Martin ratioReturn relative to average drawdown | -0.23 | 9.92 | -10.15 |
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Drawdowns
HSY vs. ADM - Drawdown Comparison
The maximum HSY drawdown since its inception was -49.15%, smaller than the maximum ADM drawdown of -68.01%. Use the drawdown chart below to compare losses from any high point for HSY and ADM.
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Drawdown Indicators
| HSY | ADM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -68.01% | +18.86% |
Max Drawdown (1Y)Largest decline over 1 year | -27.38% | -12.79% | -14.59% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -49.22% | +15.07% |
Max Drawdown (5Y)Largest decline over 5 years | -45.25% | -54.14% | +8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -45.25% | -54.14% | +8.89% |
Current DrawdownCurrent decline from peak | -30.64% | -9.34% | -21.30% |
Average DrawdownAverage peak-to-trough decline | -13.16% | -21.55% | +8.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.40% | 5.15% | +8.25% |
Volatility
HSY vs. ADM - Volatility Comparison
The Hershey Company (HSY) and Archer-Daniels-Midland Company (ADM) have volatilities of 8.22% and 7.93%, 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.
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Volatility by Period
| HSY | ADM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.22% | 7.93% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 21.96% | 19.11% | +2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.59% | 26.98% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.28% | 28.38% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 26.92% | -3.84% |
Dividends
HSY vs. ADM - Dividend Comparison
HSY's dividend yield for the trailing twelve months is around 3.22%, more than ADM's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADM Archer-Daniels-Midland Company | 2.60% | 3.55% | 3.96% | 2.49% | 1.72% | 2.19% | 2.86% | 3.02% | 3.27% | 3.19% | 2.63% | 3.05% |
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
HSY vs. ADM - Financials Comparison
This section allows you to compare key financial metrics between The Hershey Company and Archer-Daniels-Midland 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
HSY vs. ADM - Profitability Comparison
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%.
ADM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Archer-Daniels-Midland Company reported a gross profit of 1.22B and revenue of 20.49B. Therefore, the gross margin over that period was 6.0%.
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%.
ADM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Archer-Daniels-Midland Company reported an operating income of 408.00M and revenue of 20.49B, resulting in an operating margin of 2.0%.
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%.
ADM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Archer-Daniels-Midland Company reported a net income of 298.00M and revenue of 20.49B, resulting in a net margin of 1.5%.
Frequently Asked Questions
HSY and ADM have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSY has higher volatility (8.22%) compared to ADM (7.93%). In terms of maximum drawdown, HSY dropped -49.15% vs ADM's -68.01%.
ADM currently has the higher Sharpe Ratio (1.90 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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