Hormel Foods Corp vs ProShares UltraShort Bloomberg Natural Gas ETF — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while ProShares UltraShort Bloomberg Natural Gas ETF trades at $27.72. The key difference: Hormel Foods Corp pays a 4.63% dividend while ProShares UltraShort Bloomberg Natural Gas ETF pays none, and Hormel Foods Corp is trading nearer its 52-week high, ProShares UltraShort Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| HRL | KOLD | |
|---|---|---|
Market Cap | $13.91B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $29.52 | $49.39 |
52-Week Low | $19.74 | $13.58 |
Enterprise Value | $15.91B | — |
Dividend Yield | 4.63% | — |
Trailing returns across standard periods
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 →KOLD is an inverse leveraged ETF that seeks to provide two times (2x) the inverse daily performance of the Bloomberg Natural Gas Subindex. It is designed for investors looking to profit from falling natural gas prices.
Read more on KOLD →