KHC vs. CAG
KHC (The Kraft Heinz Company) and CAG (Conagra Brands, Inc.) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, KHC returned -8.03%/yr vs -6.18%/yr for CAG. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
KHC vs. CAG - Performance Comparison
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Returns By Period
In the year-to-date period, KHC achieves a -0.32% return, which is significantly higher than CAG's -20.58% return. Over the past 10 years, KHC has underperformed CAG with an annualized return of -8.03%, while CAG has yielded a comparatively higher -6.18% annualized return.
KHC
- 1D
- 3.41%
- 1M
- -0.78%
- YTD
- -0.32%
- 6M
- -1.38%
- 1Y
- -6.78%
- 3Y*
- -9.33%
- 5Y*
- -7.02%
- 10Y*
- -8.03%
CAG
- 1D
- 1.08%
- 1M
- -6.94%
- YTD
- -20.58%
- 6M
- -19.65%
- 1Y
- -36.19%
- 3Y*
- -22.89%
- 5Y*
- -14.59%
- 10Y*
- -6.18%
KHC vs. CAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KHC The Kraft Heinz Company | -0.32% | -16.31% | -12.96% | -5.04% | 18.18% | 7.98% | 13.78% | -21.20% | -42.25% | -8.37% |
CAG Conagra Brands, Inc. | -20.58% | -33.32% | 1.46% | -22.82% | 17.52% | -2.55% | 8.69% | 65.50% | -41.99% | -2.55% |
Correlation
The correlation between KHC and CAG is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015 | 0.57 |
The correlation between KHC and CAG has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.
Fundamentals
KHC:
$27.74B
CAG:
$6.30B
KHC:
-$4.85
CAG:
-$0.09
KHC:
1.11
CAG:
0.56
KHC:
0.66
CAG:
0.77
KHC:
$24.99B
CAG:
$11.18B
KHC:
$8.46B
CAG:
$2.70B
KHC:
-$3.86B
CAG:
$792.70M
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Return for Risk
KHC vs. CAG — Risk / Return Rank
KHC
CAG
KHC vs. CAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Kraft Heinz Company (KHC) and Conagra Brands, Inc. (CAG). 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.
| KHC | CAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.79 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | -0.93 | +0.64 |
| Martin ratioReturn relative to average drawdown | -0.53 | -1.78 | +1.25 |
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
| KHC | CAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | -1.29 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | -0.63 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.30 | -0.24 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.21 | 0.25 | -0.46 |
Drawdowns
KHC vs. CAG - Drawdown Comparison
The maximum KHC drawdown since its inception was -76.07%, which is greater than CAG's maximum drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for KHC and CAG.
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Drawdown Indicators
| KHC | CAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.07% | -62.52% | -13.55% |
Max Drawdown (1Y)Largest decline over 1 year | -23.19% | -39.09% | +15.90% |
Max Drawdown (3Y)Largest decline over 3 years | -38.72% | -56.85% | +18.13% |
Max Drawdown (5Y)Largest decline over 5 years | -41.69% | -62.52% | +20.83% |
Max Drawdown (10Y)Largest decline over 10 years | -76.07% | -62.52% | -13.55% |
Current DrawdownCurrent decline from peak | -62.29% | -60.82% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -42.43% | -15.75% | -26.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.81% | 20.40% | -7.59% |
Volatility
KHC vs. CAG - Volatility Comparison
The Kraft Heinz Company (KHC) and Conagra Brands, Inc. (CAG) have volatilities of 7.77% and 8.17%, 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
| KHC | CAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 8.17% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 18.61% | 22.02% | -3.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.46% | 28.11% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.42% | 23.37% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.08% | 26.20% | +0.88% |
Dividends
KHC vs. CAG - Dividend Comparison
KHC's dividend yield for the trailing twelve months is around 6.85%, less than CAG's 10.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 10.65% | 8.09% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 29.36% | 2.37% |
KHC The Kraft Heinz Company | 6.85% | 6.60% | 5.21% | 4.33% | 3.93% | 4.46% | 4.62% | 4.98% | 5.81% | 3.15% | 2.69% | 25.01% |
Financials
KHC vs. CAG - Financials Comparison
This section allows you to compare key financial metrics between The Kraft Heinz Company and Conagra Brands, 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
KHC vs. CAG - Profitability Comparison
KHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported a gross profit of 2.22B and revenue of 6.05B. Therefore, the gross margin over that period was 36.7%.
CAG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a gross profit of 657.70M and revenue of 2.79B. Therefore, the gross margin over that period was 23.6%.
KHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported an operating income of 1.15B and revenue of 6.05B, resulting in an operating margin of 18.9%.
CAG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported an operating income of 280.10M and revenue of 2.79B, resulting in an operating margin of 10.1%.
KHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported a net income of 798.00M and revenue of 6.05B, resulting in a net margin of 13.2%.
CAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Conagra Brands, Inc. reported a net income of 199.80M and revenue of 2.79B, resulting in a net margin of 7.2%.
Frequently Asked Questions
KHC and CAG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (8.17%) compared to KHC (7.77%). In terms of maximum drawdown, KHC dropped -76.07% vs CAG's -62.52%.
KHC currently has the higher Sharpe Ratio (-0.27 vs -1.29), 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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