TR vs. HSY
TR (Tootsie Roll Industries, Inc.) and HSY (The Hershey Company) are both stocks. Both operate in the Confectioners industry within the Consumer Defensive sector. Over the past 10 years, TR returned 3.28%/yr vs 9.55%/yr for HSY. At a 0.31 correlation, their price movements are largely independent.
Performance
TR vs. HSY - Performance Comparison
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Returns By Period
In the year-to-date period, TR achieves a 6.12% return, which is significantly higher than HSY's 2.11% return. Over the past 10 years, TR has underperformed HSY with an annualized return of 3.28%, while HSY has yielded a comparatively higher 9.55% annualized return.
TR
- 1D
- 0.64%
- 1M
- -9.93%
- YTD
- 6.12%
- 6M
- 3.74%
- 1Y
- 10.19%
- 3Y*
- 3.39%
- 5Y*
- 6.70%
- 10Y*
- 3.28%
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%
TR vs. HSY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TR Tootsie Roll Industries, Inc. | 6.12% | 17.87% | 1.36% | -18.76% | 22.25% | 27.01% | -12.02% | 3.23% | -7.18% | -4.77% |
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 TR and HSY is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.31 |
Fundamentals
TR:
$2.83B
HSY:
$37.42B
TR:
$1.36
HSY:
$5.38
TR:
27.75
HSY:
34.08
TR:
3.76
HSY:
3.11
TR:
2.98
HSY:
7.91
TR:
$735.61M
HSY:
$11.99B
TR:
$257.59M
HSY:
$4.17B
TR:
$138.31M
HSY:
$2.04B
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Return for Risk
TR vs. HSY — Risk / Return Rank
TR
HSY
TR vs. HSY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tootsie Roll Industries, Inc. (TR) 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.
| TR | HSY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.12 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 0.69 | -0.18 |
| Martin ratioReturn relative to average drawdown | 1.18 | 1.71 | -0.52 |
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
| TR | HSY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 0.58 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.15 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.41 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.49 | -0.19 |
Drawdowns
TR vs. HSY - Drawdown Comparison
The maximum TR drawdown since its inception was -44.74%, smaller than the maximum HSY drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for TR and HSY.
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Drawdown Indicators
| TR | HSY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.74% | -49.15% | +4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -20.03% | -22.97% | +2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -25.32% | -42.23% | +16.91% |
Max Drawdown (5Y)Largest decline over 5 years | -36.41% | -45.25% | +8.84% |
Max Drawdown (10Y)Largest decline over 10 years | -36.41% | -45.25% | +8.84% |
Current DrawdownCurrent decline from peak | -15.96% | -27.41% | +11.45% |
Average DrawdownAverage peak-to-trough decline | -16.76% | -13.09% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 9.21% | -0.56% |
Volatility
TR vs. HSY - Volatility Comparison
Tootsie Roll Industries, Inc. (TR) has a higher volatility of 9.28% compared to The Hershey Company (HSY) at 8.56%. This indicates that TR'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
| TR | HSY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.28% | 8.56% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.34% | 19.47% | -3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.33% | 27.20% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.97% | 22.65% | +2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.28% | 23.40% | +1.88% |
Dividends
TR vs. HSY - Dividend Comparison
TR's dividend yield for the trailing twelve months is around 0.94%, less 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% |
TR Tootsie Roll Industries, Inc. | 0.94% | 0.98% | 1.11% | 1.08% | 0.85% | 0.99% | 1.21% | 1.05% | 1.08% | 0.99% | 0.91% | 1.11% |
Financials
TR vs. HSY - Financials Comparison
This section allows you to compare key financial metrics between Tootsie Roll Industries, Inc. 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
TR vs. HSY - Profitability Comparison
TR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported a gross profit of 49.77M and revenue of 151.54M. Therefore, the gross margin over that period was 32.8%.
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%.
TR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported an operating income of 23.21M and revenue of 151.54M, resulting in an operating margin of 15.3%.
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%.
TR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tootsie Roll Industries, Inc. reported a net income of 17.66M and revenue of 151.54M, resulting in a net margin of 11.7%.
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
TR and HSY have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TR has higher volatility (9.28%) compared to HSY (8.56%). In terms of maximum drawdown, TR dropped -44.74% vs HSY's -49.15%.
HSY currently has the higher Sharpe Ratio (0.58 vs 0.39), 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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