HSY vs. BGLD
HSY (The Hershey Company) is a stock, while BGLD (FT Vest Gold Strategy Quarterly Buffer ETF) is Defined Outcome fund actively managed by FT Vest. Over the past 5 years, HSY returned 3.29%/yr vs 10.64%/yr for BGLD. At a 0.07 correlation, their price movements are largely independent.
Performance
HSY vs. BGLD - Performance Comparison
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Returns By Period
In the year-to-date period, HSY achieves a 1.25% return, which is significantly higher than BGLD's -2.58% return.
HSY
- 1D
- 0.45%
- 1M
- -3.82%
- YTD
- 1.25%
- 6M
- 1.34%
- 1Y
- 10.63%
- 3Y*
- -8.39%
- 5Y*
- 3.29%
- 10Y*
- 9.11%
BGLD
- 1D
- -0.02%
- 1M
- -3.90%
- YTD
- -2.58%
- 6M
- -3.54%
- 1Y
- 8.12%
- 3Y*
- 18.31%
- 5Y*
- 10.64%
- 10Y*
- —
HSY vs. BGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HSY The Hershey Company | 1.25% | 10.98% | -6.51% | -17.88% | 21.86% | 31.92% |
BGLD FT Vest Gold Strategy Quarterly Buffer ETF | -2.58% | 33.03% | 21.80% | 13.24% | -2.42% | -5.53% |
Correlation
The correlation between HSY and BGLD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2021 | 0.07 |
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Return for Risk
HSY vs. BGLD — Risk / Return Rank
HSY
BGLD
HSY vs. BGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hershey Company (HSY) and FT Vest Gold Strategy Quarterly Buffer ETF (BGLD). 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 | BGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.15 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 0.79 | -0.44 |
| Martin ratioReturn relative to average drawdown | 0.87 | 2.37 | -1.49 |
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Drawdowns
HSY vs. BGLD - Drawdown Comparison
The maximum HSY drawdown since its inception was -49.15%, which is greater than BGLD's maximum drawdown of -16.19%. Use the drawdown chart below to compare losses from any high point for HSY and BGLD.
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Drawdown Indicators
| HSY | BGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -16.19% | -32.96% |
Max Drawdown (1Y)Largest decline over 1 year | -25.01% | -11.42% | -13.59% |
Max Drawdown (3Y)Largest decline over 3 years | -42.23% | -11.42% | -30.81% |
Max Drawdown (5Y)Largest decline over 5 years | -45.25% | -15.42% | -29.83% |
Max Drawdown (10Y)Largest decline over 10 years | -45.25% | — | — |
Current DrawdownCurrent decline from peak | -28.02% | -9.90% | -18.12% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -3.67% | -9.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.00% | 3.82% | +6.18% |
Volatility
HSY vs. BGLD - Volatility Comparison
The Hershey Company (HSY) has a higher volatility of 9.48% compared to FT Vest Gold Strategy Quarterly Buffer ETF (BGLD) at 4.02%. This indicates that HSY's price experiences larger fluctuations and is considered to be riskier than BGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSY | BGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.48% | 4.02% | +5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 20.08% | 10.61% | +9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.49% | 12.42% | +15.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.77% | 10.09% | +12.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.44% | 9.99% | +13.45% |
Dividends
HSY vs. BGLD - Dividend Comparison
HSY's dividend yield for the trailing twelve months is around 3.11%, less than BGLD's 45.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGLD FT Vest Gold Strategy Quarterly Buffer ETF | 45.50% | 44.32% | 25.04% | 10.49% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
HSY and BGLD have a correlation of 0.10, 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 BGLD (4.02%). In terms of maximum drawdown, HSY dropped -49.15% vs BGLD's -16.19%.
BGLD currently has the higher Sharpe Ratio (0.73 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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