Hormel Foods Corp vs iShares Broad USD Investment Grade Corporate Bond — how do they compare? Hormel Foods Corp trades at $24.36 (market cap $13.37B), while iShares Broad USD Investment Grade Corporate Bond trades at $50.21. The key difference: Hormel Foods Corp pays a 4.81% dividend while iShares Broad USD Investment Grade Corporate Bond pays none, and Hormel Foods Corp is trading nearer its 52-week high, iShares Broad USD Investment Grade Corporate Bond nearer its low. Which is the better fit depends on your goals.
| HRL | USIG | |
|---|---|---|
Market Cap | $13.37B | — |
Sector | Consumer Staples | Fixed Income |
52-Week High | $29.25 | $52.69 |
52-Week Low | $19.74 | $50.18 |
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 →USIG is a low-cost ETF providing broad exposure to over 11,000 U.S. investment-grade corporate bonds. It tracks the ICE BofA US Corporate Index, featuring high-quality debt from 2026 leaders like Citigroup, Bank of America, and Oracle.
Read more on USIG →