Hormel Foods Corp vs iShares iBoxx $ High Yield Corporate Bond ETF — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while iShares iBoxx $ High Yield Corporate Bond ETF trades at $79.65. The key difference: Hormel Foods Corp pays a 4.63% dividend while iShares iBoxx $ High Yield Corporate Bond ETF pays none, and Hormel Foods Corp is trading nearer its 52-week high, iShares iBoxx $ High Yield Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| HRL | HYG | |
|---|---|---|
Market Cap | $13.91B | — |
Sector | Consumer Staples | Fixed Income |
52-Week High | $29.52 | $81.32 |
52-Week Low | $19.74 | $78.72 |
Enterprise Value | $15.91B | — |
Dividend Yield | 4.63% | — |
Trailing returns across standard periods
Latest headlines on both assets
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →HYG is the world's largest high-yield bond ETF, tracking the Markit iBoxx USD Liquid High Yield Index. It provides liquid exposure to non-investment grade corporate debt, with 2026 top holdings including Cloud Software Group and Medline.
Read more on HYG →