TGT vs. HSY
TGT (Target Corporation) and HSY (The Hershey Company) are both stocks. Both are in the Consumer Defensive sector — TGT in Discount Stores, HSY in Confectioners. Over the past 10 years, TGT returned 9.40%/yr vs 9.55%/yr for HSY. At a 0.25 correlation, their price movements are largely independent.
Performance
TGT vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, TGT achieves a 30.19% return, which is significantly higher than HSY's 2.11% return. Both investments have delivered pretty close results over the past 10 years, with TGT having a 9.40% annualized return and HSY not far ahead at 9.55%.
TGT
- 1D
- 1.32%
- 1M
- -1.39%
- YTD
- 30.19%
- 6M
- 39.97%
- 1Y
- 36.00%
- 3Y*
- 1.53%
- 5Y*
- -8.89%
- 10Y*
- 9.40%
HSY
- 1D
- -0.48%
- 1M
- 1.43%
- YTD
- 2.11%
- 6M
- 2.87%
- 1Y
- 15.70%
- 3Y*
- -8.51%
- 5Y*
- 3.45%
- 10Y*
- 9.55%
TGT vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGT Target Corporation | 30.19% | -24.50% | -2.27% | -1.35% | -34.24% | 32.91% | 40.47% | 100.17% | 4.67% | -5.84% |
HSY The Hershey Company | 2.11% | 10.98% | -6.51% | -17.88% | 21.86% | 29.58% | 5.90% | 40.20% | -2.92% | 12.33% |
Correlation
The correlation between TGT and HSY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 1985 | 0.25 |
Fundamentals
TGT:
$56.88B
HSY:
$37.42B
TGT:
$7.93
HSY:
$5.38
TGT:
15.73
HSY:
34.08
TGT:
0.54
HSY:
3.11
TGT:
3.47
HSY:
7.91
TGT:
$105.47B
HSY:
$11.99B
TGT:
$27.05B
HSY:
$4.17B
TGT:
$8.20B
HSY:
$2.04B
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Return for Risk
TGT vs. HSY — Risk / Return Rank
TGT
HSY
TGT vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Target Corporation (TGT) and The Hershey Company (HSY). 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.
| TGT | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.12 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 0.69 | +1.10 |
| Martin ratioReturn relative to average drawdown | 4.19 | 1.71 | +2.48 |
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
| TGT | HSY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 0.58 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.15 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.41 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.49 | -0.15 |
Drawdowns
TGT vs. HSY - Drawdown Comparison
The maximum TGT drawdown since its inception was -64.40%, which is greater than HSY's maximum drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for TGT and HSY.
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Drawdown Indicators
| TGT | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.40% | -49.15% | -15.25% |
Max Drawdown (1Y)Largest decline over 1 year | -20.27% | -22.97% | +2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -49.78% | -42.23% | -7.55% |
Max Drawdown (5Y)Largest decline over 5 years | -64.40% | -45.25% | -19.15% |
Max Drawdown (10Y)Largest decline over 10 years | -64.40% | -45.25% | -19.15% |
Current DrawdownCurrent decline from peak | -45.86% | -27.41% | -18.45% |
Average DrawdownAverage peak-to-trough decline | -17.08% | -13.09% | -3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.62% | 9.21% | -0.59% |
Volatility
TGT vs. HSY - Volatility Comparison
Target Corporation (TGT) has a higher volatility of 10.69% compared to The Hershey Company (HSY) at 8.56%. This indicates that TGT's price experiences larger fluctuations and is considered to be riskier than HSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGT | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 8.56% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 21.01% | 19.47% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.44% | 27.20% | +3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.44% | 22.65% | +12.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.25% | 23.40% | +9.85% |
Dividends
TGT vs. HSY - Dividend Comparison
TGT's dividend yield for the trailing twelve months is around 3.65%, more than HSY's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSY The Hershey Company | 3.08% | 3.01% | 3.24% | 2.39% | 1.67% | 1.76% | 2.07% | 2.03% | 2.57% | 2.24% | 2.32% | 2.50% |
TGT Target Corporation | 3.65% | 4.62% | 3.28% | 3.06% | 2.66% | 1.37% | 1.52% | 2.03% | 3.81% | 3.74% | 3.21% | 2.97% |
Financials
TGT vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between Target Corporation and The Hershey 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
TGT vs. HSY - Profitability Comparison
TGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Target Corporation reported a gross profit of 6.46B and revenue of 24.53B. Therefore, the gross margin over that period was 26.4%.
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%.
TGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Target Corporation reported an operating income of 1.30B and revenue of 24.53B, resulting in an operating margin of 5.3%.
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%.
TGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Target Corporation reported a net income of 942.00M and revenue of 24.53B, resulting in a net margin of 3.8%.
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%.
Frequently Asked Questions
TGT and HSY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGT has higher volatility (10.69%) compared to HSY (8.56%). In terms of maximum drawdown, TGT dropped -64.40% vs HSY's -49.15%.
TGT currently has the higher Sharpe Ratio (1.19 vs 0.58), 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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