Conagra Brands Inc vs S&P500 ETF — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while S&P500 ETF trades at $773.28. The key difference: Conagra Brands Inc pays a 8.2% dividend while S&P500 ETF pays none, and S&P500 ETF is trading nearer its 52-week high, Conagra Brands Inc nearer its low. Which is the better fit depends on your goals.
| CAG | SPY | |
|---|---|---|
Market Cap | $7.14B | — |
Sector | Consumer Staples | — |
52-Week High | $20.02 | $773.22 |
52-Week Low | $12.58 | $631.99 |
Enterprise Value | $14.20B | — |
Dividend Yield | 8.2% | — |
Trailing returns across standard periods
Latest headlines on both assets
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
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