State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Hershey Co — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while Hershey Co trades at $181.67 (market cap $36.56B). The key difference: Hershey Co pays a 3.19% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF is trading nearer its 52-week high, Hershey Co nearer its low. Which is the better fit depends on your goals.
| FLRN | HSY | |
|---|---|---|
Sector | Sector/Thematic | Consumer Staples |
52-Week High | $30.86 | $236.28 |
52-Week Low | $30.65 | $162.31 |
Market Cap | — | $36.56B |
Enterprise Value | — | $41.70B |
Dividend Yield | — | 3.19% |
Trailing returns across standard periods
Latest headlines on both assets
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 46% of the domestic chocolate space (per IRI). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix and Pirate Brands (including the Pirate's Booty, Smart Puffs, and Original Tings brands) over the past few years.
Read more on HSY →