Conagra Brands Inc vs Consumer Staples Select Sector SPDR Fund — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Consumer Staples Select Sector SPDR Fund trades at $84.53. The key difference: Conagra Brands Inc pays a 8.2% dividend while Consumer Staples Select Sector SPDR Fund pays none, and Consumer Staples Select Sector SPDR Fund is trading nearer its 52-week high, Conagra Brands Inc nearer its low. Which is the better fit depends on your goals.
| CAG | XLP | |
|---|---|---|
Market Cap | $7.14B | — |
Sector | Consumer Staples | — |
52-Week High | $20.02 | $90.00 |
52-Week Low | $12.58 | $75.61 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
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