State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs Hormel Foods Corp — how do they compare? State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.5, while Hormel Foods Corp trades at $24.25 (market cap $13.37B). The key difference: Hormel Foods Corp pays a 4.81% dividend while State Street SPDR Bloomberg 1-3 Month T-Bill ETF pays none. Which is the better fit depends on your goals.
| BIL | HRL | |
|---|---|---|
Sector | Fixed Income | Consumer Staples |
52-Week High | $91.77 | $29.25 |
52-Week Low | $91.27 | $19.74 |
Market Cap | — | $13.37B |
Enterprise Value | — | $15.37B |
Dividend Yield | — | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →