Conagra Brands Inc vs iShares Broad USD Investment Grade Corporate Bond — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while iShares Broad USD Investment Grade Corporate Bond trades at $50.21. The key difference: Conagra Brands Inc pays a 8.2% dividend while iShares Broad USD Investment Grade Corporate Bond pays none, and Conagra Brands Inc is trading nearer its 52-week high, iShares Broad USD Investment Grade Corporate Bond nearer its low. Which is the better fit depends on your goals.
| CAG | USIG | |
|---|---|---|
Market Cap | $7.14B | — |
Sector | Consumer Staples | Fixed Income |
52-Week High | $20.02 | $52.69 |
52-Week Low | $12.58 | $50.18 |
Enterprise Value | $14.20B | — |
Dividend Yield | 8.2% | — |
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 →USIG is a low-cost ETF providing broad exposure to over 11,000 U.S. investment-grade corporate bonds. It tracks the ICE BofA US Corporate Index, featuring high-quality debt from 2026 leaders like Citigroup, Bank of America, and Oracle.
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