Hormel Foods Corp vs KraneShares Hang Seng TECH Index ETF — how do they compare? Hormel Foods Corp trades at $24.36 (market cap $13.37B), while KraneShares Hang Seng TECH Index ETF trades at $13.5. The key difference: Hormel Foods Corp pays a 4.81% dividend while KraneShares Hang Seng TECH Index ETF pays none, and Hormel Foods Corp is trading nearer its 52-week high, KraneShares Hang Seng TECH Index ETF nearer its low. Which is the better fit depends on your goals.
| HRL | KTEC | |
|---|---|---|
Market Cap | $13.37B | — |
Sector | Consumer Staples | Sector/Thematic |
52-Week High | $29.25 | $19.51 |
52-Week Low | $19.74 | $12.00 |
Enterprise Value | $15.37B | — |
Dividend Yield | 4.81% | — |
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 →KTEC tracks the Hang Seng TECH Index, providing targeted exposure to the 30 largest technology companies listed on the Hong Kong Stock Exchange. It focuses on innovative, internet-based businesses across sectors like e-commerce, fintech, cloud computing, and digital technology.
Read more on KTEC →