HSY vs. CRL
HSY (The Hershey Company) and CRL (Charles River Laboratories International, Inc.) are both stocks. HSY operates in Confectioners (Consumer Defensive), while CRL operates in Diagnostics & Research (Healthcare). Over the past 10 years, HSY returned 8.77%/yr vs 8.21%/yr for CRL. At a 0.21 correlation, their price movements are largely independent.
Performance
HSY vs. CRL - Performance Comparison
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Returns By Period
In the year-to-date period, HSY achieves a -1.96% return, which is significantly higher than CRL's -6.54% return. Over the past 10 years, HSY has outperformed CRL with an annualized return of 8.77%, while CRL has yielded a comparatively lower 8.21% annualized return.
HSY
- 1D
- -4.70%
- 1M
- -4.67%
- YTD
- -1.96%
- 6M
- -1.31%
- 1Y
- 12.00%
- 3Y*
- -9.14%
- 5Y*
- 2.85%
- 10Y*
- 8.77%
CRL
- 1D
- 2.81%
- 1M
- 4.97%
- YTD
- -6.54%
- 6M
- -0.36%
- 1Y
- 28.85%
- 3Y*
- -1.93%
- 5Y*
- -11.63%
- 10Y*
- 8.21%
HSY vs. CRL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | -1.96% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
CRL Charles River Laboratories International, Inc. | -6.54% | 8.06% | -21.91% | 8.49% | -42.17% | 50.80% | 63.56% | 34.97% | 3.41% | 43.65% |
Correlation
The correlation between HSY and CRL is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2000 | 0.21 |
The correlation between HSY and CRL shifts across timeframes, from 0.05 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HSY:
$35.93B
CRL:
$9.13B
HSY:
$5.38
CRL:
-$3.75
HSY:
2.99
CRL:
2.28
HSY:
7.59
CRL:
3.10
HSY:
$11.99B
CRL:
$4.03B
HSY:
$4.17B
CRL:
$1.00B
HSY:
$2.04B
CRL:
$737.05M
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Return for Risk
HSY vs. CRL — Risk / Return Rank
HSY
CRL
HSY vs. CRL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hershey Company (HSY) and Charles River Laboratories International, Inc. (CRL). 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.
| HSY | CRL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.15 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.86 | -0.37 |
| Martin ratioReturn relative to average drawdown | 1.26 | 1.77 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HSY | CRL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.64 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | -0.27 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.22 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.24 | +0.25 |
Drawdowns
HSY vs. CRL - Drawdown Comparison
The maximum HSY drawdown since its inception was -49.15%, smaller than the maximum CRL drawdown of -78.23%. Use the drawdown chart below to compare losses from any high point for HSY and CRL.
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Drawdown Indicators
| HSY | CRL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -78.23% | +29.08% |
Max Drawdown (1Y)Largest decline over 1 year | -24.98% | -33.88% | +8.90% |
Max Drawdown (3Y)Largest decline over 3 years | -42.23% | -63.52% | +21.29% |
Max Drawdown (5Y)Largest decline over 5 years | -45.25% | -78.23% | +32.98% |
Max Drawdown (10Y)Largest decline over 10 years | -45.25% | -78.23% | +32.98% |
Current DrawdownCurrent decline from peak | -30.30% | -59.32% | +29.02% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -25.73% | +12.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.54% | 16.36% | -6.82% |
Volatility
HSY vs. CRL - Volatility Comparison
The current volatility for The Hershey Company (HSY) is 9.70%, while Charles River Laboratories International, Inc. (CRL) has a volatility of 16.68%. This indicates that HSY experiences smaller price fluctuations and is considered to be less risky than CRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSY | CRL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 16.68% | -6.98% |
Volatility (6M)Calculated over the trailing 6-month period | 19.99% | 34.88% | -14.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.64% | 45.06% | -17.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.75% | 42.76% | -20.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.44% | 37.78% | -14.34% |
Dividends
HSY vs. CRL - Dividend Comparison
HSY's dividend yield for the trailing twelve months is around 3.21%, while CRL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRL Charles River Laboratories International, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HSY The Hershey Company | 3.21% | 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. CRL - Financials Comparison
This section allows you to compare key financial metrics between The Hershey Company and Charles River Laboratories International, 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. CRL - 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%.
CRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Charles River Laboratories International, Inc. reported a gross profit of 0.00 and revenue of 995.83M. Therefore, the gross margin over that period was 0.0%.
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%.
CRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Charles River Laboratories International, Inc. reported an operating income of 119.90M and revenue of 995.83M, resulting in an operating margin of 12.0%.
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%.
CRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Charles River Laboratories International, Inc. reported a net income of -14.84M and revenue of 995.83M, resulting in a net margin of -1.5%.
Frequently Asked Questions
HSY and CRL have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRL has higher volatility (16.68%) compared to HSY (9.70%). In terms of maximum drawdown, HSY dropped -49.15% vs CRL's -78.23%.
CRL currently has the higher Sharpe Ratio (0.64 vs 0.44), 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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