Hormel Foods Corp vs Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF trades at $17.67. The key difference: Hormel Foods Corp pays a 4.63% dividend while Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF pays none, and Invesco Optimum Yld Dvsfd Cmd Str No K 1 ETF is trading nearer its 52-week high, Hormel Foods Corp nearer its low. Which is the better fit depends on your goals.
| HRL | PDBC | |
|---|---|---|
Market Cap | $13.91B | — |
Sector | Consumer Staples | — |
52-Week High | $29.52 | $18.91 |
52-Week Low | $19.74 | $12.90 |
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 →The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the world's most heavily traded commodities. Commodities are assets that have tangible properties, such as oil, agricultural produce or raw metals.
Read more on PDBC →