Conagra Brands Inc vs iShares TIPS Bond ETF — how do they compare? Conagra Brands Inc trades at $14.15 (market cap $6.86B), while iShares TIPS Bond ETF trades at $107.99. The key difference: Conagra Brands Inc pays a 9.77% dividend while iShares TIPS Bond ETF pays none, and Conagra Brands Inc is trading nearer its 52-week high, iShares TIPS Bond ETF nearer its low. Which is the better fit depends on your goals.
| CAG | TIP | |
|---|---|---|
Market Cap | $6.86B | — |
Sector | Consumer Staples | Fixed Income |
52-Week High | $20.02 | $112.20 |
52-Week Low | $12.58 | $107.91 |
Enterprise Value | $14.13B | — |
Dividend Yield | 9.77% | — |
Trailing returns across standard periods
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 →TIP is the flagship ETF for U.S. Treasury Inflation-Protected Securities (TIPS). It tracks an index of government bonds whose principal value adjusts based on the Consumer Price Index (CPI), providing a direct hedge against rising inflation.
Read more on TIP →