Hormel Foods Corp vs Global X Lithium & Battery Tech ETF — how do they compare? Hormel Foods Corp trades at $24.39 (market cap $13.37B), while Global X Lithium & Battery Tech ETF trades at $75.26. The key difference: Hormel Foods Corp pays a 4.81% dividend while Global X Lithium & Battery Tech ETF pays none, and Global X Lithium & Battery Tech ETF is trading nearer its 52-week high, Hormel Foods Corp nearer its low. Which is the better fit depends on your goals.
| HRL | LIT | |
|---|---|---|
Market Cap | $13.37B | — |
Sector | Consumer Staples | Commodities - Metals/Agriculture |
52-Week High | $29.25 | $91.62 |
52-Week Low | $19.74 | $44.96 |
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 →LIT invests in the full lithium cycle, from mining and refining to battery production and EV manufacturing. It tracks the Solactive Global Lithium Index, with top holdings including Rio Tinto, Albemarle, and Tesla, as well as major battery makers like Samsung SDI.
Read more on LIT →