HSY vs. USD
HSY (The Hershey Company) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, HSY returned 7.30%/yr vs 53.94%/yr for USD. Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
HSY vs. USD - Performance Comparison
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Returns By Period
In the year-to-date period, HSY achieves a -0.97% return, which is significantly lower than USD's 55.27% return. Over the past 10 years, HSY has underperformed USD with an annualized return of 7.30%, while USD has yielded a comparatively higher 53.94% annualized return.
HSY
- 1D
- 1.50%
- 1M
- -2.45%
- 6M
- -8.99%
- YTD
- -0.97%
- 1Y
- -3.18%
- 3Y*
- -5.31%
- 5Y*
- 2.44%
- 10Y*
- 7.30%
- ALL TIME*
- 12.09%
USD
- 1D
- 3.34%
- 1M
- -7.07%
- 6M
- 41.04%
- YTD
- 55.27%
- 1Y
- 98.72%
- 3Y*
- 95.45%
- 5Y*
- 54.39%
- 10Y*
- 53.94%
- ALL TIME*
- 28.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $327.42M | $326.71M | $373.67M | |
| $71.31M | $70.59M | $96.20M |
HSY vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | -0.97% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
USD ProShares Ultra Semiconductors | 55.27% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between HSY and USD is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.24 |
Correlation (3Y) Balances recent behavior with more history. | -0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.20 |
The correlation between HSY and USD shifts across timeframes, from -0.24 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HSY vs. USD — Risk / Return Rank
HSY
USD
HSY vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hershey Company (HSY) and ProShares Ultra Semiconductors (USD). 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 | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.24 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 2.52 | -2.64 |
| Martin ratioReturn relative to average drawdown | -0.24 | 7.21 | -7.45 |
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Drawdowns
HSY vs. USD - Drawdown Comparison
The maximum HSY drawdown since its inception was -49.15%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for HSY and USD.
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Drawdown Indicators
| HSY | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -88.63% | +39.48% |
Max Drawdown (1Y)Largest decline over 1 year | -27.38% | -39.33% | +11.95% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -64.46% | +30.31% |
Max Drawdown (5Y)Largest decline over 5 years | -45.25% | -77.85% | +32.60% |
Max Drawdown (10Y)Largest decline over 10 years | -45.25% | -77.85% | +32.60% |
Current DrawdownCurrent decline from peak | -29.60% | -28.27% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -13.16% | -32.23% | +19.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.48% | 13.74% | -0.26% |
Volatility
HSY vs. USD - Volatility Comparison
The current volatility for The Hershey Company (HSY) is 8.12%, while ProShares Ultra Semiconductors (USD) has a volatility of 27.45%. This indicates that HSY experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSY | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.12% | 27.45% | -19.33% |
Volatility (6M)Calculated over the trailing 6-month period | 21.90% | 61.08% | -39.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.61% | 73.76% | -46.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.30% | 78.77% | -55.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 70.41% | -47.33% |
Dividends
HSY vs. USD - Dividend Comparison
HSY's dividend yield for the trailing twelve months is around 3.18%, more than USD's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | 3.18% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
USD ProShares Ultra Semiconductors | 0.37% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
HSY and USD have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (27.45%) compared to HSY (8.12%). In terms of maximum drawdown, HSY dropped -49.15% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (1.35 vs -0.12), 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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