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Relative Intelligence · Packaged Foods

How Mondelez International (MDLZ) compares with the whole market and its popular alternatives

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on MDLZ alone. It places MDLZ (Mondelez International, Inc.) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where MDLZ stands in the market, and of the alternatives worth a closer look.

Period covered: MDLZ's full trading record, from June 2001 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

Data as of October 20, 2026. Full tables and charts read best on a larger screen.

Rank the market against MDLZ →Chart MDLZ vs. 20 alternatives →
On this page12 sections

Key findings

How much would $10,000 in MDLZ have grown?

This chart tracks a hypothetical $10,000 investment in MDLZ over the past 25 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of MDLZ over the same span and MDLZ's popular alternatives, among those that traded for the entire period. A second view covers the past 5 years, the period the better options further down the page are judged on. It shows not only where each investment ended up but also how smooth or uneven the path was.

Choose a period

From the end of September 2001 to the end of September 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 563 of the 1,326 stocks and funds worth at least $500 million that traded the whole period ended ahead of MDLZ; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$10,000$100,000$1M$10M2001200520092013201720212025$10,000$100,000$1M$10M20012007201320192025
  • MNST$23M+228,221% total · +36.3% a year
  • COST$384,945+3,749% total · +15.7% a year
  • TD$253,189+2,432% total · +13.8% a year
  • CCEP$222,079+2,121% total · +13.2% a year
  • ABEV$148,845+1,388% total · +11.4% a year
  • MDLZ$118,239+1,082% total · +10.4% a year
  • SPY (S&P 500)$114,557+1,046% total · +10.2% a year
  • ADM$113,077+1,031% total · +10.2% a year
  • SJM$97,223+872% total · +9.5% a year
  • KO$75,045+650% total · +8.4% a year
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From the end of September 2021 to the end of September 2026. Hover over a fund in the key to pick out its line. 2,250 of the 3,628 stocks and funds worth at least $500 million that traded the whole period ended ahead of MDLZ; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$5,000$10,000$15,000$20,000$25,000$30,000$35,000202120222023202420252026$0$10,000$20,000$30,000$40,000202120222023202420252026
  • WMT$23,813+138% total · +18.9% a year
  • CCEP$21,567+116% total · +16.6% a year
  • COST$21,378+114% total · +16.4% a year
  • SPY (S&P 500)$19,000+90.0% total · +13.7% a year
  • KO$18,994+89.9% total · +13.7% a year
  • MNST$18,739+87.4% total · +13.4% a year
  • ADM$15,236+52.4% total · +8.8% a year
  • BG$15,040+50.4% total · +8.5% a year
  • SJM$11,786+17.9% total · +3.3% a year
  • MDLZ$11,375+13.7% total · +2.6% a year
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MDLZ at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout. These figures serve as the baseline for every comparison that follows.

The company

Market value
$82B
Industry
Food Confectioners
Price history from
June 2001

Returns

Past 1 year
+5.5%total return
Past 3 years
+9.2%+3.0% a year
Past 5 years
+21.5%+4.0% a year
Past 10 years
+93.4%+6.8% a year
Best calendar year
+121%2012
Worst calendar year
−17.3%2005
Losing years
8 of 24full calendar years

Risk

Volatility
20.2%typical yearly swing, 5 years
Sharpe ratio
0.29return per unit of risk, 5 years
Worst decline ever
−38.2%Sep 2008 to Mar 2009
From its all-time high
−9.7%below the peak

MDLZ against the whole market

Where MDLZ ranks among every stock and fund, and what across the market has done better.

How does MDLZ rank among all stocks?

This section ranks MDLZ on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history. Where the comparisons with its popular alternatives show how MDLZ stacks up against its peers, these rankings show where it stands in the market as a whole.

Ranked against U.S.-listed stocks worth at least $300M that have enough history for each measure, so the count changes from row to row; smaller stocks are left out. Lower volatility and smaller declines rank higher.

MeasureMDLZRankStanding
1-year return+5.5%1,759 of 3,287bottom 47%
3-year return+9.2%2,175 of 3,017bottom 29%
5-year return+21.5%1,439 of 2,893top 50%
10-year return+93.4%1,367 of 2,202bottom 39%
Volatility, 5 years20.2%98 of 2,893top 3%
Sharpe ratio, 5 years0.291,568 of 2,893bottom 47%
Worst decline, past 10 years−29.8%18 of 2,187top 1%

What has beaten MDLZ on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer). MDLZ sits where the dashed lines cross. Anything in the green box above and to the left earned more than MDLZ with smaller swings, a better trade-off over this period on both counts. Past results are no promise, but a name in the box is worth a closer look.

Annual return is the annualized total return with dividends reinvested, and volatility the annualized swing in daily prices, both over 5 years. Labeled dots are the strongest picks from the table below and the names called out above, colored by how close they sit to MDLZ; faint dots are 92 more of the 458 in the green region (the strongest, one per fund family). 3,633 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.

−5.0%0.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%0.0%5.0%10.0%15.0%20.0%25.0%30.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than MDLZIWD: +11.4% a year, volatility 14.7%FLRT: +6.0% a year, volatility 2.3%SDCI: +20.6% a year, volatility 18.4%XLV: +8.4% a year, volatility 15.3%HDV: +12.9% a year, volatility 13.0%COWZ: +11.4% a year, volatility 17.7%DFAC: +11.4% a year, volatility 17.0%PJUL: +10.5% a year, volatility 8.6%FJAN: +11.1% a year, volatility 10.5%JQUA: +13.6% a year, volatility 15.7%JEPI: +7.5% a year, volatility 11.0%AVLV: +14.0% a year, volatility 16.9%HYGH: +6.6% a year, volatility 7.1%IWX: +12.7% a year, volatility 13.8%FTGC: +12.9% a year, volatility 15.6%BUFR: +9.9% a year, volatility 10.5%DIVB: +13.9% a year, volatility 15.4%RY: +17.3% a year, volatility 18.2%FHLC: +7.3% a year, volatility 15.4%BKLN: +5.4% a year, volatility 4.5%XLP: +7.2% a year, volatility 13.8%DSTL: +11.3% a year, volatility 16.1%FTSL: +5.0% a year, volatility 3.4%QYLD: +8.4% a year, volatility 15.0%DBMF: +9.8% a year, volatility 12.4%PPH: +11.6% a year, volatility 15.8%FTXH: +11.9% a year, volatility 16.9%TSPA: +13.1% a year, volatility 17.1%IDHQ: +10.0% a year, volatility 17.9%MPLX: +23.5% a year, volatility 18.8%DJP: +11.2% a year, volatility 18.9%FTLS: +10.2% a year, volatility 10.4%DVYE: +5.8% a year, volatility 17.1%NXTG: +16.2% a year, volatility 19.1%AOR: +6.4% a year, volatility 10.7%ACIO: +9.3% a year, volatility 11.1%RSPH: +6.1% a year, volatility 16.8%SCHY: +9.5% a year, volatility 13.3%FLBL: +5.2% a year, volatility 3.9%INFL: +11.8% a year, volatility 17.8%TDVG: +9.6% a year, volatility 13.8%FTQI: +11.5% a year, volatility 14.8%FLSP: +8.4% a year, volatility 13.4%SMIG: +6.5% a year, volatility 16.0%SIXH: +10.2% a year, volatility 10.2%JNJ: +12.7% a year, volatility 17.9%PTLC: +9.5% a year, volatility 11.8%VXUS: +8.2% a year, volatility 16.4%CDC: +6.0% a year, volatility 12.5%VEA: +9.3% a year, volatility 16.9%GLD: +17.7% a year, volatility 18.9%VO: +6.8% a year, volatility 17.6%VIG: +10.4% a year, volatility 14.1%EPD: +16.4% a year, volatility 17.1%SCHD: +9.7% a year, volatility 14.3%VT: +10.3% a year, volatility 16.2%SO: +11.3% a year, volatility 18.8%VWO: +5.2% a year, volatility 17.5%EP-PC: +5.2% a year, volatility 8.9%ENB: +9.1% a year, volatility 18.9%RSG: +13.9% a year, volatility 18.5%SCHX: +12.0% a year, volatility 17.2%RSP: +8.2% a year, volatility 16.1%WM: +9.3% a year, volatility 19.2%DUK: +7.5% a year, volatility 18.0%DYNF: +14.7% a year, volatility 17.5%QUAL: +11.4% a year, volatility 17.3%EFV: +13.6% a year, volatility 15.9%ED: +12.0% a year, volatility 18.8%XLF: +8.6% a year, volatility 18.3%ATO: +14.9% a year, volatility 18.4%FNDF: +13.6% a year, volatility 16.3%XLI: +11.5% a year, volatility 17.6%L: +14.3% a year, volatility 19.2%AVDV: +13.9% a year, volatility 17.4%RDVY: +11.3% a year, volatility 18.8%WEC: +7.2% a year, volatility 19.0%FTS: +8.4% a year, volatility 16.4%USMV: +7.6% a year, volatility 12.3%SPHQ: +12.0% a year, volatility 16.7%MGV: +12.6% a year, volatility 13.4%XLU: +7.8% a year, volatility 17.4%SDY: +7.6% a year, volatility 14.0%PPL: +7.1% a year, volatility 18.9%AMLP: +16.1% a year, volatility 18.9%DTE: +5.7% a year, volatility 19.0%EVRG: +9.5% a year, volatility 18.9%BBJP: +9.3% a year, volatility 18.6%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%AQNB: +5.7% a year, volatility 11.6%IOO: +15.7% a year, volatility 17.2%MDLZ: +4.0% a year, volatility 20.2%SPY (S&P 500): +12.7% a year, volatility 17.1%KO: +14.7% a year, volatility 16.8%ADM: +7.4% a year, volatility 28.7%SJM: +4.8% a year, volatility 25.1%MNST: +17.2% a year, volatility 24.9%CCEP: +19.7% a year, volatility 23.2%KOF: +22.3% a year, volatility 24.7%USFD: +22.7% a year, volatility 29.8%ABEV: +9.9% a year, volatility 30.2%KDP: +2.5% a year, volatility 22.1%CHT: +7.7% a year, volatility 13.3%JAAA: +5.1% a year, volatility 1.7%BRK-B: +13.4% a year, volatility 17.1%PG: +5.1% a year, volatility 18.3%BALT: +6.3% a year, volatility 3.3%SGOV: +3.8% a year, volatility 0.3%MRK: +16.3% a year, volatility 24.8%TD: +15.8% a year, volatility 20.0%DXJ: +26.6% a year, volatility 19.1%LVHI: +17.0% a year, volatility 11.1%MDLZSPY (S&P 500)KOADMSJMMNSTCCEPKOFUSFDABEVKDPCHTJAAABRK-BPGBALTSGOVMRKTDDXJLVHI−10.0%0.0%10.0%20.0%30.0%40.0%0.0%5.0%10.0%15.0%20.0%25.0%30.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than MDLZIWD: +11.4% a year, volatility 14.7%FLRT: +6.0% a year, volatility 2.3%SDCI: +20.6% a year, volatility 18.4%XLV: +8.4% a year, volatility 15.3%HDV: +12.9% a year, volatility 13.0%COWZ: +11.4% a year, volatility 17.7%DFAC: +11.4% a year, volatility 17.0%PJUL: +10.5% a year, volatility 8.6%FJAN: +11.1% a year, volatility 10.5%JQUA: +13.6% a year, volatility 15.7%JEPI: +7.5% a year, volatility 11.0%AVLV: +14.0% a year, volatility 16.9%HYGH: +6.6% a year, volatility 7.1%IWX: +12.7% a year, volatility 13.8%FTGC: +12.9% a year, volatility 15.6%BUFR: +9.9% a year, volatility 10.5%DIVB: +13.9% a year, volatility 15.4%RY: +17.3% a year, volatility 18.2%FHLC: +7.3% a year, volatility 15.4%BKLN: +5.4% a year, volatility 4.5%XLP: +7.2% a year, volatility 13.8%DSTL: +11.3% a year, volatility 16.1%FTSL: +5.0% a year, volatility 3.4%QYLD: +8.4% a year, volatility 15.0%DBMF: +9.8% a year, volatility 12.4%PPH: +11.6% a year, volatility 15.8%FTXH: +11.9% a year, volatility 16.9%TSPA: +13.1% a year, volatility 17.1%IDHQ: +10.0% a year, volatility 17.9%MPLX: +23.5% a year, volatility 18.8%DJP: +11.2% a year, volatility 18.9%FTLS: +10.2% a year, volatility 10.4%DVYE: +5.8% a year, volatility 17.1%NXTG: +16.2% a year, volatility 19.1%AOR: +6.4% a year, volatility 10.7%ACIO: +9.3% a year, volatility 11.1%RSPH: +6.1% a year, volatility 16.8%SCHY: +9.5% a year, volatility 13.3%FLBL: +5.2% a year, volatility 3.9%INFL: +11.8% a year, volatility 17.8%TDVG: +9.6% a year, volatility 13.8%FTQI: +11.5% a year, volatility 14.8%FLSP: +8.4% a year, volatility 13.4%SMIG: +6.5% a year, volatility 16.0%SIXH: +10.2% a year, volatility 10.2%JNJ: +12.7% a year, volatility 17.9%PTLC: +9.5% a year, volatility 11.8%VXUS: +8.2% a year, volatility 16.4%CDC: +6.0% a year, volatility 12.5%VEA: +9.3% a year, volatility 16.9%GLD: +17.7% a year, volatility 18.9%VO: +6.8% a year, volatility 17.6%VIG: +10.4% a year, volatility 14.1%EPD: +16.4% a year, volatility 17.1%SCHD: +9.7% a year, volatility 14.3%VT: +10.3% a year, volatility 16.2%SO: +11.3% a year, volatility 18.8%VWO: +5.2% a year, volatility 17.5%EP-PC: +5.2% a year, volatility 8.9%ENB: +9.1% a year, volatility 18.9%RSG: +13.9% a year, volatility 18.5%SCHX: +12.0% a year, volatility 17.2%RSP: +8.2% a year, volatility 16.1%WM: +9.3% a year, volatility 19.2%DUK: +7.5% a year, volatility 18.0%DYNF: +14.7% a year, volatility 17.5%QUAL: +11.4% a year, volatility 17.3%EFV: +13.6% a year, volatility 15.9%ED: +12.0% a year, volatility 18.8%XLF: +8.6% a year, volatility 18.3%ATO: +14.9% a year, volatility 18.4%FNDF: +13.6% a year, volatility 16.3%XLI: +11.5% a year, volatility 17.6%L: +14.3% a year, volatility 19.2%AVDV: +13.9% a year, volatility 17.4%RDVY: +11.3% a year, volatility 18.8%WEC: +7.2% a year, volatility 19.0%FTS: +8.4% a year, volatility 16.4%USMV: +7.6% a year, volatility 12.3%SPHQ: +12.0% a year, volatility 16.7%MGV: +12.6% a year, volatility 13.4%XLU: +7.8% a year, volatility 17.4%SDY: +7.6% a year, volatility 14.0%PPL: +7.1% a year, volatility 18.9%AMLP: +16.1% a year, volatility 18.9%DTE: +5.7% a year, volatility 19.0%EVRG: +9.5% a year, volatility 18.9%BBJP: +9.3% a year, volatility 18.6%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%AQNB: +5.7% a year, volatility 11.6%IOO: +15.7% a year, volatility 17.2%MDLZ: +4.0% a year, volatility 20.2%SPY (S&P 500): +12.7% a year, volatility 17.1%KO: +14.7% a year, volatility 16.8%ADM: +7.4% a year, volatility 28.7%SJM: +4.8% a year, volatility 25.1%MNST: +17.2% a year, volatility 24.9%CCEP: +19.7% a year, volatility 23.2%KOF: +22.3% a year, volatility 24.7%USFD: +22.7% a year, volatility 29.8%ABEV: +9.9% a year, volatility 30.2%KDP: +2.5% a year, volatility 22.1%CHT: +7.7% a year, volatility 13.3%JAAA: +5.1% a year, volatility 1.7%BRK-B: +13.4% a year, volatility 17.1%PG: +5.1% a year, volatility 18.3%BALT: +6.3% a year, volatility 3.3%SGOV: +3.8% a year, volatility 0.3%MRK: +16.3% a year, volatility 24.8%TD: +15.8% a year, volatility 20.0%DXJ: +26.6% a year, volatility 19.1%LVHI: +17.0% a year, volatility 11.1%MDLZSPY (S&P 500)KOADMSJMMNSTCCEPKOFUSFDABEVKDPCHTJAAABRK-BPGBALTSGOVMRKDXJLVHI
  • Popular alternatives
  • Same and neighboring categories, and shared themes
  • The whole market
  • Others in the green region

Is there a better investment than MDLZ?

Investments that beat MDLZ over the past 5 years on return, volatility, drawdowns, consistency, crash losses or fees, from its popular alternatives out to the whole market.

How this works

The table below lists investments that beat MDLZ over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes. It checks MDLZ's popular alternatives first, then the rest of its own and neighboring categories, then every stock and fund worth at least $500 million, and shows the strongest few in each group. The full list of those with a higher return and lower volatility than MDLZ follows the table.

Annual return is the annualized total return with dividends reinvested. Annual return, volatility and the Sharpe ratio cover 5 years; the worst decline covers the past 10 years. Green marks a better figure than MDLZ's. "On the frontier" means no other option shown or tested earned more with less volatility. Funds that hold the same thing are shown once. Beyond the popular alternatives, nothing with more than 1.5× MDLZ's volatility counts as better.

These figures cover the past 5 years. Green marks a better figure than MDLZ's.

Screen the whole market against MDLZ for any period in BetterThanSPYOpen these 18 in EasyCompare
InvestmentWhy it is betterPast 5 yearsDownsideLong runFit
Annual return?higher is betterVolatility?lower is calmerSharpe?return per unit of riskWorst decline?past 10 years10Y returntotalCorr. with MDLZ?lower diversifies moreExpenseper year
MDLZMondelez International, Inc. · this page
+4.0%20.2%0.29−29.8%+93.4%1.00—
SPYState Street SPDR S&P 500 ETF · S&P 500
+12.7%17.1%0.79−33.7%+321%0.310.09%
Popular alternativesbest 3 shownThe investments people most often weigh against MDLZ. 3 of 20 passed at least one test.
KOThe Coca-Cola Company · Food & Beverages
Higher return, lower volatilityHigher return in most periods+14.7%16.8%0.91−37.0%+204%0.74—
ADMArcher-Daniels-Midland Company · Agricultural Products
Higher return in most periods+7.4%28.7%0.40−54.1%+156%0.22—
SJMThe J. M. Smucker Company · Packaged Foods
Higher return in most periods+4.8%25.1%0.32−38.1%+37.2%0.43—
Same and neighboring categories, and shared themesbest 6 shownEverything else in Packaged Foods and Food & Beverages and the categories next to it (Agricultural Products, Discount Retail, Food Distribution, Packaging, Alcoholic Beverages), plus MDLZ's specific themes. 6 of 41 passed at least one test.
MNSTMonster Beverage Corporation · Food & Beverages
Higher return in most periods+17.2%24.9%0.77−30.4%+285%0.46—
CCEPCoca-Cola Europacific Partners PLC · Food & Beverages
Higher return in most periods+19.7%23.2%0.90−48.8%+292%0.65—
KOFCoca-Cola FEMSA, S.A.B. de C.V. · Food & Beverages
Higher return in most periods+22.3%24.7%0.94−55.1%+119%0.58—
USFDUS Foods Holding Corp. · Food Distribution
Higher return in most periods+22.7%29.8%0.84−77.3%+347%0.32—
ABEVAmbev S.A. · Alcoholic Beverages
Higher return in most periods+9.9%30.2%0.46−72.4%−21.1%0.45—
KDPKeurig Dr Pepper Inc. · Food & Beverages
Higher return in most periods+2.5%22.1%0.23−36.9%+281%0.40—
The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 842 of 3,573 passed at least one test.
CHTChunghwa Telecom Co., Ltd. · Integrated Telecommunications
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+7.7%13.3%0.63−23.8%+101%0.36—
JAAAJanus Henderson AAA CLO ETF · CLO Bonds
On the frontierHigher return, lower volatilityHigher Sharpe, smaller worst decline+5.1%1.7%2.98−2.6%—0.030.20%
BRK-BBerkshire Hathaway Inc. · Insurance
Higher return, lower volatilityHigher return in most periods+13.4%17.1%0.82−29.6%+274%0.43—
PGThe Procter & Gamble Company · Household & Personal Products
Higher return, lower volatilityHigher return in most periods+5.1%18.3%0.37−23.8%+145%0.58—
BALTInnovator Defined Wealth Shield ETF · Crypto
On the frontierHigher return, lower volatilityHigher Sharpe, smaller worst decline+6.3%3.3%1.85−4.9%—0.180.69%
SGOViShares 0-3 Month Treasury Bond ETF · Treasury Bonds
On the frontierSimilar return, lower volatilityHigher Sharpe, smaller worst decline+3.8%0.3%13.25−0.3%—-0.070.09%
MRKMerck & Co., Inc. · Pharmaceuticals
Higher return in most periodsSmaller losses in recent crashes+16.3%24.8%0.74−43.4%+241%0.23—
TDThe Toronto-Dominion Bank · Banks
Higher return, similar volatilityHigher return in most periods+15.8%20.0%0.84−42.0%+310%0.32—
What these numbers mean for MDLZ
Annual return
MDLZ returned 4.0% a year over the past 5 years with dividends reinvested, against 12.7% a year for the S&P 500. At that pace, $10,000 became about $12,100. Annual return is the steady yearly rate that would produce the same total result, so investments held over the same span compare fairly. Guide: What is performance and return? →
Volatility
MDLZ's volatility over the past 5 years was 20.2%, 1.2 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, MDLZ's return lands within 20.2% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump. Guide: Understanding and measuring risk (volatility) →
Sharpe ratio
MDLZ's Sharpe ratio over the past 5 years was 0.29, against 0.79 for the S&P 500, so MDLZ earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings. Guide: Balancing reward with risk (Sharpe ratio) →
Worst decline
MDLZ's worst fall from a peak to a low over the past 10 years was 29.8%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 29.8% fall takes a 42.3% gain. Guide: Market crash risk and tail risk →
Correlation
Over the past 5 years, MDLZ's monthly returns had a correlation of 0.31 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against MDLZ instead: the lower it is, the more that option would diversify a MDLZ holding. Guide: Correlation and diversification →
Show all 458 stocks and funds worth at least $500 million that earned more than MDLZ with less volatility

Out of 3,633 tested over 5 years. The strongest 100 are listed, best first, with funds that hold the same thing listed once.

#InvestmentFound inAnnual returnVolatilitySharpeWorst decline10Y returnCorr. with MDLZExpense
1
CHTChunghwa Telecom Co., Ltd. · Integrated Telecommunications
Whole market+7.7%13.3%0.63−23.8%+101%0.36—
2
JAAAJanus Henderson AAA CLO ETF · CLO Bonds
Whole market+5.1%1.7%2.98−2.6%—0.030.20%
3
BRK-BBerkshire Hathaway Inc. · Insurance
Whole market+13.4%17.1%0.82−29.6%+274%0.43—
4
PGThe Procter & Gamble Company · Household & Personal Products
Whole market+5.1%18.3%0.37−23.8%+145%0.58—
5
BALTInnovator Defined Wealth Shield ETF · Crypto
Whole market+6.3%3.3%1.85−4.9%—0.180.69%
6
IWDiShares Russell 1000 Value ETF · US Large-Cap Value
Whole market+11.4%14.7%0.81−38.5%+205%0.470.18%
7
FLRTPacer Aristotle Pacific Floating Rate High Income ETF · Financials
Whole market+6.0%2.3%2.55−21.0%+58.0%0.240.60%
8
SDCIUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund · Bonds
Whole market+20.6%18.4%1.12−45.7%—0.260.80%
9
XLVState Street Health Care Select Sector SPDR ETF · Health Care Equity
Whole market+8.4%15.3%0.60−28.4%+202%0.400.08%
10
HDViShares Core High Dividend ETF · US Dividend Equity
Whole market+12.9%13.0%1.00−37.0%+172%0.630.08%
11
COWZPacer US Cash Cows 100 ETF · US Large-Cap Value
Whole market+11.4%17.7%0.70−38.7%—0.360.49%
12
DFACDimensional - US Core Equity 2 ETF · US Total Market
Whole market+11.4%17.0%0.72−23.1%—0.320.21%
13
PJULInnovator U.S. Equity Power Buffer ETF · Broad Market
Whole market+10.5%8.6%1.20−18.2%—0.330.79%
14
FJANFT Vest U.S. Equity Buffer ETF - January · Multi-Asset
Whole market+11.1%10.5%1.05−13.6%—0.290.85%
15
JQUAJPMorgan U.S. Quality Factor ETF · US Quality Equity
Whole market+13.6%15.7%0.89−32.9%—0.370.12%
16
KOThe Coca-Cola Company · Food & Beverages
Popular alternative+14.7%16.8%0.91−37.0%+204%0.74—
17
JEPIJPMorgan Equity Premium Income ETF · Equity Income
Whole market+7.5%11.0%0.71−13.7%—0.530.35%
18
AVLVAvantis U.S. Large Cap Value ETF · US Large-Cap Value
Whole market+14.0%16.9%0.86−19.5%—0.340.15%
19
HYGHiShares Interest Rate Hedged High Yield Bond ETF · Bonds
Whole market+6.6%7.1%0.94−23.9%+74.5%0.251.12%
20
IWXiShares Russell Top 200 Value ETF · Broad Market
Whole market+12.7%13.8%0.94−35.8%+221%0.510.20%
21
FTGCFirst Trust Global Tactical Commodity Strategy Fund · Alternatives
Whole market+12.9%15.6%0.86−35.9%+139%0.220.98%
22
BUFRFT Vest Laddered Buffer ETF · Buffered Equity
Whole market+9.9%10.5%0.96−13.7%—0.330.10%
23
DIVBiShares Core Dividend ETF · Dividend & Income
Whole market+13.9%15.4%0.93−36.9%—0.470.05%
24
RYRoyal Bank of Canada · Banks
Whole market+17.3%18.2%0.97−40.0%+352%0.22—
25
FHLCFidelity MSCI Health Care Index ETF · Healthcare
Whole market+7.3%15.4%0.53−28.8%+199%0.360.08%
26
BKLNInvesco Senior Loan ETF · Bank Loans
Whole market+5.4%4.5%1.19−24.1%+50.7%0.210.67%
27
XLPState Street Consumer Staples Select Sector SPDR ETF · Consumer Staples
Whole market+7.2%13.8%0.57−24.5%+121%0.740.08%
28
DSTLDistillate U.S. Fundamental Stability & Value ETF · Broad Market
Whole market+11.3%16.1%0.75−33.1%—0.480.39%
29
FTSLFirst Trust Senior Loan Fund · Bonds
Whole market+5.0%3.4%1.49−22.7%+52.1%0.190.70%
30
QYLDGlobal X - Nasdaq 100 Covered Call ETF · Equity Income
Whole market+8.4%15.0%0.62−24.7%+156%0.150.60%
31
DBMFiMGP DBi Managed Futures Strategy ETF · Alternatives
Whole market+9.8%12.4%0.82−20.4%—-0.210.85%
32
PPHVanEck Pharmaceutical ETF · Healthcare
Whole market+11.6%15.8%0.78−29.7%+153%0.470.36%
33
FTXHFirst Trust Nasdaq Pharmaceuticals ETF · Healthcare
Whole market+11.9%16.9%0.75−32.1%+153%0.290.60%
34
TSPAT. Rowe Price U.S. Equity Research ETF · Broad Market
Whole market+13.1%17.1%0.81−24.7%—0.290.34%
35
IDHQInvesco S&P International Developed Quality ETF · International
Whole market+10.0%17.9%0.63−33.6%+183%0.500.29%
36
MPLXMPLX Lp · Oil & Gas Midstream
Whole market+23.5%18.8%1.22−75.2%+350%0.27—
37
DJPiPath Bloomberg Commodity Index Total Return(SM) ETN · Commodities
Whole market+11.2%18.9%0.66−38.4%+120%0.260.70%
38
FTLSFirst Trust Long/Short Equity ETF · Broad Market
Whole market+10.2%10.4%0.99−20.6%+158%0.290.95%
39
DVYEiShares Emerging Markets Dividend ETF · International
Whole market+5.8%17.1%0.42−40.9%+96.4%0.460.49%
40
NXTGFirst Trust Indxx NextG ETF · Technology
Whole market+16.2%19.1%0.89−33.6%+330%0.310.70%
41
AORiShares Core 60/40 Balanced Allocation ETF · Multi-Asset
Whole market+6.4%10.7%0.64−23.0%+118%0.410.20%
42
ACIOAptus Collared Income Opportunity ETF · Dividend & Income
Whole market+9.3%11.1%0.86−14.2%—0.320.79%
43
RSPHInvesco S&P 500 Equal Weight Health Care ETF · Healthcare
Whole market+6.1%16.8%0.44−30.4%+177%0.410.40%
44
SCHYSchwab International Dividend Equity ETF · International
Whole market+9.5%13.3%0.75−24.0%—0.640.08%
45
FLBLFranklin Senior Loan ETF · Bonds
Whole market+5.2%3.9%1.35−19.5%—0.150.45%
46
INFLHorizon Kinetics Inflation Beneficiaries ETF · Broad Market
Whole market+11.8%17.8%0.72−21.3%—0.470.85%
47
TDVGT. Rowe Price Dividend Growth ETF · Dividend & Income
Whole market+9.6%13.8%0.73−19.2%—0.480.50%
48
FTQIFirst Trust Nasdaq BuyWrite Income ETF · Dividend & Income
Whole market+11.5%14.8%0.82−19.4%+121%0.150.75%
49
FLSPFranklin Systematic Style Premia ETF · Alternatives
Whole market+8.4%13.4%0.68−22.9%—0.010.65%
50
SMIGBahl & Gaynor Small/Mid Cap Income Growth ETF · Dividend & Income
Whole market+6.5%16.0%0.48−19.7%—0.440.60%
51
SIXHETC 6 Meridian Hedged Equity Index Option ETF · Broad Market
Whole market+10.2%10.2%1.00−11.7%—0.570.31%
52
JNJJohnson & Johnson · Pharmaceuticals
Whole market+12.7%17.9%0.76−27.4%+196%0.34—
53
DXJWisdomTree Japan Hedged Equity Fund · International Equity
Whole market+26.6%19.1%1.34−39.1%+428%0.180.48%
54
LVHIFranklin International Low Volatility High Dividend Index ETF · International Equity
Whole market+17.0%11.1%1.48−32.4%+194%0.530.40%
55
PTLCPacer Trendpilot US Large Cap ETF · Broad Market
Whole market+9.5%11.8%0.83−26.6%+188%0.130.60%
56
VXUSVanguard Total International Stock ETF · International Equity
Whole market+8.2%16.4%0.57−36.0%+140%0.500.05%
57
CDCVictoryShares US EQ Income Enhanced Volatility Wtd ETF · Dividend & Income
Whole market+6.0%12.5%0.53−21.4%+168%0.490.38%
58
VEAVanguard FTSE Developed Markets ETF · Developed International Equity
Whole market+9.3%16.9%0.61−35.8%+153%0.510.03%
59
GLDSPDR Gold Shares · Gold
Whole market+17.7%18.9%0.96−26.4%+213%0.320.40%
60
VOVanguard Morningstar Mid-Cap ETF · US Mid-Cap Equity
Whole market+6.8%17.6%0.47−39.4%+198%0.350.03%
61
VIGVanguard Dividend Appreciation ETF · US Dividend Equity
Whole market+10.4%14.1%0.78−31.7%+258%0.490.04%
62
EPDEnterprise Products Partners L.P. · Oil & Gas Midstream
Whole market+16.4%17.1%0.98−58.1%+178%0.26—
63
SCHDSchwab U.S. Dividend Equity ETF · US Dividend Equity
Whole market+9.7%14.3%0.72−33.4%+252%0.540.06%
64
VTVanguard Total World Stock ETF · Global Equity
Whole market+10.3%16.2%0.69−34.2%+223%0.390.06%
65
SOThe Southern Company · Electric Utilities
Whole market+11.3%18.8%0.67−38.4%+170%0.47—
66
VWOVanguard FTSE Emerging Markets ETF · Emerging Markets Equity
Whole market+5.2%17.5%0.38−36.4%+102%0.400.06%
67
EP-PCEl Paso Energy Capital Trust I PFD CV TR SECS · Preferred Stocks
Whole market+5.2%8.9%0.61−25.4%+37.8%0.03—
68
ENBEnbridge Inc. · Oil & Gas Midstream
Whole market+9.1%18.9%0.56−44.1%+103%0.44—
69
RSGRepublic Services, Inc. · Environmental Services
Whole market+13.9%18.5%0.80−34.0%+446%0.35—
70
SCHXSchwab U.S. Large-Cap ETF · US Large-Cap Equity
Whole market+12.0%17.2%0.75−34.3%+317%0.290.03%
71
RSPInvesco S&P 500 Equal Weight ETF · US Large-Cap Equity
Whole market+8.2%16.1%0.57−39.0%+211%0.430.20%
72
WMWaste Management, Inc. · Environmental Services
Whole market+9.3%19.2%0.56−30.1%+344%0.27—
73
DUKDuke Energy Corporation · Electric Utilities
Whole market+7.5%18.0%0.50−37.4%+132%0.49—
74
DYNFiShares U.S. Equity Factor Rotation Active ETF · US Multifactor Equity
Whole market+14.7%17.5%0.87−34.7%—0.250.26%
75
QUALiShares MSCI USA Quality Factor ETF · US Quality Equity
Whole market+11.4%17.3%0.71−34.1%+293%0.330.15%
76
EFViShares MSCI EAFE Value ETF · International Equity
Whole market+13.6%15.9%0.88−43.2%+157%0.570.31%
77
EDConsolidated Edison, Inc. · Electric Utilities
Whole market+12.0%18.8%0.70−30.9%+114%0.59—
78
XLFState Street Financial Select Sector SPDR ETF · Financial Sector Equity
Whole market+8.6%18.3%0.54−42.9%+241%0.300.08%
79
ATOAtmos Energy Corporation · Gas Utilities
Whole market+14.9%18.4%0.85−32.9%+194%0.48—
80
FNDFSchwab Fundamental International Large Company Index ETF · International Equity
Whole market+13.6%16.3%0.87−40.2%+194%0.550.25%
81
XLIState Street Industrial Select Sector SPDR ETF · US Industrials
Whole market+11.5%17.6%0.71−42.3%+246%0.400.08%
82
LLoews Corporation · Property & Casualty Insurance
Whole market+14.3%19.2%0.80−48.5%+180%0.33—
83
AVDVAvantis International Small Cap Value ETF · International Equity
Whole market+13.9%17.4%0.84−43.0%—0.500.36%
84
RDVYFirst Trust Rising Dividend Achievers ETF · US Dividend Equity
Whole market+11.3%18.8%0.67−40.6%+322%0.330.47%
85
WECWEC Energy Group, Inc. · Electric Utilities
Whole market+7.2%19.0%0.46−32.3%+159%0.53—
86
FTSFortis Inc. · Electric Utilities
Whole market+8.4%16.4%0.58−34.3%+154%0.54—
87
USMViShares MSCI USA Min Vol Factor ETF · US Low-Volatility Equity
Whole market+7.6%12.3%0.66−33.1%+176%0.540.15%
88
SPHQInvesco S&P 500 Quality ETF · US Quality Equity
Whole market+12.0%16.7%0.76−31.6%+300%0.350.20%
89
MGVVanguard Morningstar Mega Cap Value ETF · US Large-Cap Value
Whole market+12.6%13.4%0.95−35.4%+244%0.500.05%
90
XLUState Street Utilities Select Sector SPDR ETF · Utilities Equity
Whole market+7.8%17.4%0.52−36.0%+138%0.440.08%
91
SDYState Street SPDR S&P Dividend ETF · US Dividend Equity
Whole market+7.6%14.0%0.59−36.7%+157%0.590.35%
92
PPLPPL Corporation · Electric Utilities
Whole market+7.1%18.9%0.46−48.7%+59.2%0.46—
93
AMLPAlerian MLP ETF · Energy Equity
Whole market+16.1%18.9%0.89−72.9%+91.0%0.311.01%
94
DTEDTE Energy Company · Electric Utilities
Whole market+5.7%19.0%0.39−42.4%+127%0.48—
95
EVRGEvergy, Inc. · Electric Utilities
Whole market+9.5%18.9%0.57−38.8%+109%0.39—
96
BBJPJPMorgan BetaBuilders Japan ETF · International Equity
Whole market+9.3%18.6%0.57−32.7%—0.370.19%
97
FDVVFidelity High Dividend ETF · US Dividend Equity
Whole market+13.2%14.6%0.92−40.2%+253%0.470.15%
98
DBEFXtrackers MSCI EAFE Hedged Equity ETF · International Equity
Whole market+13.1%13.8%0.96−32.5%+206%0.410.35%
99
AQNBAlgonquin Power & Utilities Corp. · Junior Subordinated Debt
Whole market+5.7%11.6%0.54−42.7%—-0.15—
100
IOOiShares Global 100 ETF · Global Equity
Whole market+15.7%17.2%0.94−31.4%+361%0.340.40%

MDLZ against its popular alternatives

The investments people most often weigh against MDLZ, compared period by period and year by year.

How do MDLZ's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings. Investments toward the upper left earned more for a smoother ride, and those toward the lower right earned less for a rougher one. The dashed lines cross at MDLZ, which divides the map into what did better or worse on each measure.

Green points earned more than MDLZ with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.

10.0%20.0%30.0%40.0%50.0%60.0%70.0%−30.0%−20.0%−10.0%0.0%10.0%20.0%30.0%40.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityMDLZ: 4.0% a year, volatility 20.2%SPY (S&P 500): 12.7% a year, volatility 17.1%KO: 14.7% a year, volatility 16.8%UTZ: −0.4% a year, volatility 53.8%HSY: 1.3% a year, volatility 23.4%MKC: −7.8% a year, volatility 25.4%JJSF: −9.1% a year, volatility 28.6%GIS: −8.1% a year, volatility 22.6%HRL: −10.1% a year, volatility 24.9%FLO: −21.0% a year, volatility 26.4%CAG: −11.2% a year, volatility 24.5%CPB: −10.1% a year, volatility 25.5%KHC: −3.6% a year, volatility 23.4%BRBR: −17.9% a year, volatility 48.6%ADM: 7.4% a year, volatility 28.7%SJM: 4.9% a year, volatility 25.1%COST: 17.4% a year, volatility 22.9%WMT: 20.8% a year, volatility 22.6%BG: 6.1% a year, volatility 29.9%TR: 7.8% a year, volatility 25.2%LWAY: 32.4% a year, volatility 66.6%PEP: −0.5% a year, volatility 19.1%MDLZSPY (S&P 500)KOUTZHSYMKCJJSFGISFLOCAGKHCBRBRADMSJMCOSTWMTTRLWAYPEP10.0%20.0%30.0%40.0%50.0%60.0%70.0%−30.0%−20.0%−10.0%0.0%10.0%20.0%30.0%40.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityMDLZ: 4.0% a year, volatility 20.2%SPY (S&P 500): 12.7% a year, volatility 17.1%KO: 14.7% a year, volatility 16.8%UTZ: −0.4% a year, volatility 53.8%HSY: 1.3% a year, volatility 23.4%MKC: −7.8% a year, volatility 25.4%JJSF: −9.1% a year, volatility 28.6%GIS: −8.1% a year, volatility 22.6%HRL: −10.1% a year, volatility 24.9%FLO: −21.0% a year, volatility 26.4%CAG: −11.2% a year, volatility 24.5%CPB: −10.1% a year, volatility 25.5%KHC: −3.6% a year, volatility 23.4%BRBR: −17.9% a year, volatility 48.6%ADM: 7.4% a year, volatility 28.7%SJM: 4.9% a year, volatility 25.1%COST: 17.4% a year, volatility 22.9%WMT: 20.8% a year, volatility 22.6%BG: 6.1% a year, volatility 29.9%TR: 7.8% a year, volatility 25.2%LWAY: 32.4% a year, volatility 66.6%PEP: −0.5% a year, volatility 19.1%MDLZSPY (S&P 500)KOUTZMKCGISFLOCAGKHCBRBRADMCOSTWMTTRLWAYPEP
All figures
InvestmentAnnual returnVolatility
LWAY Lifeway Foods, Inc.+32.4%66.6%
WMT Walmart Inc.+20.8%22.6%
COST Costco Wholesale Corporation+17.4%22.9%
KO The Coca-Cola Company+14.7%16.8%
SPY S&P 500State Street SPDR S&P 500 ETF+12.7%17.1%
TR Tootsie Roll Industries, Inc.+7.8%25.2%
ADM Archer-Daniels-Midland Company+7.4%28.7%
BG Bunge Global S.A.+6.1%29.9%
SJM The J. M. Smucker Company+4.9%25.1%
MDLZ This pageMondelez International, Inc.+4.0%20.2%
HSY The Hershey Company+1.3%23.4%
UTZ Utz Brands, Inc.−0.4%53.8%
PEP PepsiCo, Inc.−0.5%19.1%
KHC The Kraft Heinz Company−3.6%23.4%
MKC McCormick & Company, Incorporated−7.8%25.4%
GIS General Mills, Inc.−8.1%22.6%
JJSF J&J Snack Foods Corp.−9.1%28.6%
CPB Campbell Soup Company−10.1%25.5%
HRL Hormel Foods Corporation−10.1%24.9%
CAG Conagra Brands, Inc.−11.2%24.5%
BRBR BellRing Brands, Inc.−17.9%48.6%
FLO Flowers Foods, Inc.−21.0%26.4%
Open these 22 in EasyCompare

Has MDLZ consistently beaten its popular alternatives?

This section compares MDLZ with the investments people most often weigh against it, checking each one over eight periods from one month to ten years. Counting how often an alternative earned more than MDLZ helps separate lasting outperformance from a single strong stretch.

A green cell means the alternative earned more than MDLZ over that period. "Qualified" marks those that did so in at least 3 of 5 short-term periods and 2 of 3 long-term periods.

InvestmentPeriods outperformed Short termLong termRisk · 5 yearsFund
1M3M6MYTD1Y3Y5Y10YVolatilitylower is calmerSharpehigher is betterWorst declinepast 10 yearsExpenseAssetsOverlapsame sectors
MDLZ Mondelez International, Inc. (this page)—+7.3%+7.1%+13.6%+22.4%+5.5%+9.2%+21.5%+93.4%20.2%0.29−29.8%—$82B—
KO QualifiedThe Coca-Cola Company4/5 short3/3 longAll-weather+7.3%+14.5%+25.4%+37.9%+40.2%+86.8%+98.2%+204%16.8%0.91−37.0%—$402B—
ADM QualifiedArcher-Daniels-Midland Company3/5 short3/3 long−3.5%−5.5%+19.2%+39.1%+31.1%+22.1%+42.9%+156%28.7%0.40−54.1%—$39B—
SJM QualifiedThe J. M. Smucker Company5/5 short2/3 long+8.2%+16.3%+37.7%+38.3%+28.1%+29.3%+26.7%+37.2%25.1%0.32−38.1%—$14B—
COST Discount StoresCostco Wholesale Corporation2/5 short3/3 long+10.7%+6.5%0.0%+16.9%+6.9%+87.2%+123%+685%22.9%0.82−31.4%—$441B—
WMT Discount StoresWalmart Inc.2/5 short3/3 long+9.7%+5.3%−7.5%+5.2%+11.0%+130%+158%+508%22.6%0.96−25.7%—$938B—
BG Agricultural Farm ProductsBunge Global S.A.1/5 short3/3 long−8.5%−14.0%−14.9%+13.2%+8.6%+10.6%+34.5%+131%29.9%0.35−60.5%—$20B—
TR Food ConfectionersTootsie Roll Industries, Inc.0/5 short2/3 long−0.7%−5.2%−11.1%+4.9%−7.4%+43.5%+45.6%+65.5%25.2%0.42−36.4%—$2.8B—
LWAY Packaged FoodsLifeway Foods, Inc.0/5 short2/3 long−5.2%−27.7%−16.0%−1.7%−17.4%+98.6%+307%+24.7%66.6%0.74−91.7%—$339M—
UTZ Packaged FoodsUtz Brands, Inc.4/5 short1/3 long+0.5%+92.6%+90.0%+41.9%+17.3%+30.5%−2.1%—53.8%0.21−75.5%—$1.3B—
HSY Food ConfectionersThe Hershey Company0/5 short1/3 long+1.0%−0.5%−10.0%−5.0%−6.2%−2.9%+6.7%+127%23.4%0.17−45.3%—$34B—
PEP Beverages - Non-AlcoholicPepsiCo, Inc.0/5 short0/3 long+3.4%0.0%−12.8%−2.9%−9.2%−6.7%−2.3%+72.6%19.1%0.07−30.3%—$183B—
MKC Packaged FoodsMcCormick & Company, Incorporated0/5 short0/3 long−1.7%−8.0%−8.2%−27.3%−27.3%−13.5%−33.6%+24.3%25.4%-0.20−53.1%—$13B—
JJSF Packaged FoodsJ&J Snack Foods Corp.0/5 short0/3 long+4.8%+6.2%+2.3%−6.9%−8.8%−41.5%−37.8%−16.0%28.6%-0.19−59.3%—$1.5B—
GIS Packaged FoodsGeneral Mills, Inc.0/5 short0/3 long−3.8%−9.4%−1.8%−21.8%−26.8%−38.8%−34.5%−19.1%22.6%-0.26−59.6%—$18B—
HRL Packaged FoodsHormel Foods Corporation0/5 short0/3 long+1.8%−17.6%−1.2%−7.4%−9.6%−25.6%−41.4%−28.0%24.9%-0.31−59.1%—$11B—
FLO Packaged FoodsFlowers Foods, Inc.0/5 short0/3 long+0.7%−27.9%−29.0%−40.7%−48.7%−65.4%−69.3%−41.7%26.4%-0.77−77.3%—$1.3B—
CAG Packaged FoodsConagra Brands, Inc.0/5 short0/3 long−2.8%−0.2%+0.8%−11.8%−15.9%−35.9%−44.7%−42.0%24.5%-0.36−62.5%—$6.9B—
CPB Packaged FoodsCampbell Soup Company0/5 short0/3 long+0.9%−8.9%−3.8%−23.7%−31.9%−42.6%−41.2%−46.6%25.5%-0.29−61.1%—$5.9B—
KHC Packaged FoodsThe Kraft Heinz Company0/5 short0/3 long−2.2%−6.4%+11.0%+2.8%−0.9%−10.0%−16.9%−56.7%23.4%-0.04−76.1%—$28B—
BRBR Packaged FoodsBellRing Brands, Inc.0/5 short0/3 long+6.3%−21.7%−42.3%−63.5%−70.6%−77.9%−62.6%—48.6%-0.14−90.7%—$1.1B—
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How did MDLZ do year by year?

This table shows each investment's total return in every full calendar year since 2002, along with where MDLZ ranked among its popular alternatives each year. Annual results reveal how consistently each one kept pace with MDLZ and how far its good and bad years diverged, detail that multiyear averages tend to smooth over.

Newest year first. Green marks a year in which the fund came out ahead of MDLZ; gray means the two finished within a fraction of a point. The rank row places MDLZ among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.

InvestmentYears ahead of MDLZ202520242023202220212020201920182017201620152014201320122011201020092008200720062005200420032002
MDLZ This pageMondelez International, Inc.—−7.0%−15.3%+11.2%+2.9%+15.9%+8.6%+40.4%−4.3%−1.6%+0.6%+25.4%+4.6%+41.7%+121%+24.7%+22.8%+8.8%−13.0%−4.1%+32.6%−17.3%+14.4%−14.4%+16.9%
Rank among alternativesTop quarter in 9 of 2410 of 2119 of 216 of 2114 of 2111 of 2114 of 215 of 2010 of 1912 of 1915 of 192 of 1814 of 184 of 181 of 182 of 185 of 1815 of 188 of 1813 of 185 of 1816 of 1811 of 1818 of 182 of 18
SPY S&P 500State Street SPDR S&P 500 ETF12 of 24+17.7%+24.9%+26.2%−18.2%+28.7%+18.3%+31.2%−4.6%+21.7%+12.0%+1.2%+13.5%+32.3%+16.0%+1.9%+15.1%+26.4%−36.8%+5.1%+15.9%+4.8%+10.7%+28.2%−21.6%
KO The Coca-Cola Company10 of 24+15.6%+8.9%−4.4%+10.6%+11.4%+2.5%+20.6%+6.8%+14.3%−0.3%+5.2%+5.3%+17.2%+6.5%+9.5%+19.0%+30.4%−24.0%+30.4%+23.2%−0.8%−16.2%+18.2%−5.5%
ADM Archer-Daniels-Midland Company13 of 24+18.2%−27.5%−20.4%+40.0%+37.3%+12.4%+17.1%+5.3%−9.5%+28.4%−27.7%+22.3%+61.8%−1.8%−2.9%−2.0%+10.8%−36.9%+47.2%+31.1%+12.2%+49.3%+24.9%−12.1%
SJM The J. M. Smucker Company11 of 24−7.6%−9.6%−17.8%+20.1%+21.0%+14.5%+14.9%−22.6%−0.5%+6.0%+25.0%−0.2%+22.7%+13.2%+22.1%+9.1%+46.7%−4.9%+8.5%+13.1%−4.4%+6.1%+16.4%+11.8%
COST Costco Wholesale Corporation15 of 24−5.4%+39.6%+49.0%−19.1%+51.8%+32.7%+45.7%+10.6%+22.4%+0.3%+18.9%+20.5%+21.9%+28.4%+16.7%+23.7%+14.3%−24.0%+33.2%+7.9%+3.2%+31.1%+32.5%−36.8%
WMT Walmart Inc.12 of 24+24.5%+74.0%+12.9%−0.5%+1.9%+23.4%+30.1%−3.4%+46.6%+16.1%−26.6%+11.8%+18.2%+17.1%+13.8%+3.1%−2.5%+20.0%+4.9%+0.2%−10.2%+0.6%+5.6%−11.8%
BG Bunge Global S.A.11 of 24+18.6%−20.7%+3.8%+9.3%+45.9%+18.9%+11.8%−18.0%−4.8%+8.7%−23.5%+12.5%+14.7%+29.1%−11.4%+4.3%+25.1%−55.1%+61.8%+29.5%+0.3%+75.2%+39.0%+5.2%
TR Tootsie Roll Industries, Inc.9 of 24+25.1%+1.5%−18.8%+22.4%+27.1%−9.3%+6.3%−4.3%−4.7%+31.0%+7.6%−1.7%+31.0%+17.4%−14.5%+10.5%+12.1%−2.3%−13.1%+17.8%−13.0%−0.1%+22.0%−18.6%
LWAY Lifeway Foods, Inc.14 of 24−2.3%+84.9%+142%+20.6%−15.0%+172%+5.9%−76.5%−30.5%+3.7%−40.1%+16.0%+83.7%−8.7%+0.9%−19.6%+32.2%−24.0%+26.5%+50.2%+36.1%+35.3%+92.0%+4.2%
UTZ Utz Brands, Inc.2 of 7−32.4%−2.1%+3.9%+0.9%−27.0%+116%+6.5%—————————————————
HSY The Hershey Company14 of 24+11.0%−6.5%−17.9%+21.9%+29.6%+5.9%+40.2%−2.9%+12.3%+18.8%−12.0%+9.2%+37.4%+19.6%+34.4%+35.6%+6.5%−8.9%−18.9%−8.1%+1.0%+46.9%+16.6%+1.4%
PEP PepsiCo, Inc.12 of 24−1.8%−7.6%−3.3%+6.8%+20.5%+11.7%+27.4%−4.8%+17.8%+7.8%+8.8%+17.3%+24.6%+6.4%+4.8%+10.7%+14.6%−26.0%+23.8%+7.9%+15.3%+13.8%+12.1%−12.2%
MKC McCormick & Company, Incorporated11 of 24−8.3%+14.0%−15.7%−12.7%+2.7%+14.3%+23.7%+39.0%+11.4%+11.1%+17.5%+10.1%+10.7%+28.7%+11.0%+32.1%+16.9%−13.8%+0.5%+27.2%−18.2%+30.3%+32.1%+12.6%
JJSF J&J Snack Foods Corp.13 of 24−40.0%−5.4%+13.7%−3.4%+3.3%−14.2%+29.0%−3.6%+15.2%+15.9%+8.7%+24.5%+40.1%+21.1%+11.6%+22.0%+12.6%+16.3%−23.7%+40.7%+22.1%+30.3%+5.7%+46.1%
GIS General Mills, Inc.13 of 24−23.7%+1.4%−20.0%+28.1%+18.5%+13.6%+43.1%−31.6%−0.7%+10.3%+11.5%+10.3%+27.3%+3.3%+17.2%+3.5%+20.2%+9.5%+1.6%+20.0%+1.2%+12.6%−1.2%−7.5%
HRL Hormel Foods Corporation12 of 24−21.3%+1.2%−27.5%−4.7%+7.0%+5.4%+7.8%+19.7%+6.7%−10.6%+54.5%+17.2%+47.3%+8.8%+16.5%+36.0%+26.5%−21.7%+10.1%+16.3%+5.9%+23.6%+12.6%−11.9%
FLO Flowers Foods, Inc.10 of 24−43.6%−4.3%−18.7%+8.0%+25.6%+7.7%+21.9%−0.9%+0.1%−3.5%+15.0%−8.5%+41.4%+26.3%+9.0%+16.8%+0.5%+6.4%+32.3%−0.5%+33.2%+25.1%+101%−26.7%
CAG Conagra Brands, Inc.9 of 24−33.3%+1.5%−22.8%+17.5%−2.5%+8.6%+65.5%−42.0%−2.6%+24.0%+19.2%+11.0%+17.6%+15.0%+21.4%+1.4%+45.7%−28.0%−9.2%+38.0%−28.1%+15.9%+10.2%+9.4%
CPB Campbell Soup Company7 of 24−30.5%+0.1%−21.4%+34.8%−7.2%+0.7%+55.2%−29.1%−18.3%+17.6%+22.7%+4.6%+25.8%+9.4%−1.0%+6.1%+16.4%−13.6%−6.0%+33.4%+2.0%+14.2%+17.1%−19.0%
KHC The Kraft Heinz Company4 of 10−16.3%−12.9%−5.1%+18.2%+8.0%+13.8%−21.2%−42.2%−8.4%+23.5%——————————————
BRBR BellRing Brands, Inc.4 of 6−64.5%+35.9%+116%−10.1%+17.4%+14.2%——————————————————
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Risk and diversification

How MDLZ has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

What were MDLZ's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high. This section presents MDLZ's five deepest drawdowns since it began trading in 2001, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.

Green means MDLZ fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

DuringMDLZ fellS&P 500, same datesPeakLowTime to the lowBack at the peakTime to recover
2008 financial crisis−38.2%−44.1%Sep 2008Mar 20096 monthsSep 201018 months
Dot-com bust−37.4%−21.5%Jun 2002Mar 20039 monthsJun 20074.3 years
Covid crash−29.8%−33.6%Feb 2020Mar 20201 monthSep 20206 months
No named crash−29.2%+73.4%May 2023Jan 20262.7 yearsNot yet—
2015 China and oil sell-off−22.3%−9.1%Oct 2015Feb 20164 monthsMay 201715 months

How did MDLZ do in stock market crashes?

This section measures how far MDLZ, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000. A smaller decline means an investment held up better, and comparing results across crashes shows whether that resilience was consistent or a one-off.

Note: MDLZ began trading on June 13, 2001, so its row reads "Not yet trading" for the dot-com bust. The older alternatives and the S&P 500 show how those crashes played out.

Newest crash first. Each figure is the fund's deepest fall within the crash window; green means a smaller fall than MDLZ.

InvestmentHeld up better2023 regional bank crisisMar 20232022 bear marketJan 2022Covid crashFeb 2020Late-2018 sell-offSep 2018February 2018 volatility shockFeb 20182015 China and oil sell-offAug 20152011 euro debt crisisJul 20112010 flash crashMay 20102008 financial crisisOct 2007Dot-com bustMar 2000
MDLZ This pageMondelez International, Inc.—−0.5%−18.3%−29.3%−12.3%−7.4%−22.3%−7.4%0.0%−38.2%Not yet trading
SPY S&P 500State Street SPDR S&P 500 ETF2 of 9−3.4%−24.5%−33.7%−19.3%−6.5%−12.8%−17.9%−1.5%−55.2%−47.5%
KO The Coca-Cola Company3 of 9−1.4%−16.7%−37.0%−8.8%−7.8%−8.8%−8.3%0.0%−40.6%−31.3%
ADM Archer-Daniels-Midland Company1 of 9−4.1%−26.7%−33.7%−22.9%−2.0%−35.5%−24.4%0.0%−68.0%−31.0%
SJM The J. M. Smucker Company5 of 9−1.7%−15.5%−19.4%−17.8%−2.9%−6.0%−14.8%−0.8%−32.0%−23.1%
COST Costco Wholesale Corporation3 of 9−3.1%−31.4%−13.7%−20.8%−6.5%−15.2%−13.5%−1.2%−48.0%−50.1%
WMT Walmart Inc.3 of 9−0.8%−25.7%−13.1%−18.3%−4.9%−22.3%−10.5%−1.5%−26.2%−31.8%
BG Bunge Global S.A.1 of 9−5.6%−34.7%−44.0%−25.8%−3.1%−39.5%−23.7%0.0%−77.3%—
TR Tootsie Roll Industries, Inc.6 of 9−1.3%−14.5%−8.9%−7.2%−3.3%−7.2%−20.6%−1.5%−36.4%−38.4%
LWAY Lifeway Foods, Inc.1 of 9−0.2%−45.8%−41.4%−36.0%−5.2%−34.7%−12.2%0.0%−69.0%−43.4%
UTZ Utz Brands, Inc.1 of 3−3.8%−31.0%−8.7%———————
HSY The Hershey Company5 of 9−0.5%−11.6%−30.8%−6.0%−5.2%−13.9%−7.4%0.0%−29.5%−23.0%
PEP PepsiCo, Inc.3 of 9−0.8%−11.9%−28.3%−12.3%−7.2%−10.2%−8.3%−0.2%−40.4%−33.0%
MKC McCormick & Company, Incorporated3 of 9−2.5%−31.3%−30.6%−14.0%−2.1%−10.8%−12.5%−1.7%−31.1%−22.0%
JJSF J&J Snack Foods Corp.3 of 9−1.8%−27.3%−38.0%−11.9%−3.5%−15.3%−16.9%−1.1%−37.5%−39.0%
GIS General Mills, Inc.5 of 9−0.8%−10.9%−20.8%−19.7%−3.5%−8.2%−7.6%−1.7%−28.2%−26.1%
HRL Hormel Foods Corporation4 of 9−2.6%−18.5%−17.2%−10.8%−4.3%−7.6%−13.0%0.0%−40.3%−26.4%
FLO Flowers Foods, Inc.5 of 9−2.9%−15.6%−19.8%−10.1%−3.0%−37.5%−20.5%−0.3%−33.4%−34.8%
CAG Conagra Brands, Inc.4 of 9−2.5%−16.4%−19.2%−43.7%−3.3%−13.9%−13.6%−1.1%−44.7%−30.5%
CPB Campbell Soup Company5 of 9−1.5%−12.1%−20.3%−17.6%−0.9%−9.0%−11.9%−0.1%−35.1%−36.5%
KHC The Kraft Heinz Company2 of 6−0.4%−24.1%−25.6%−25.2%−7.5%−12.2%————
BRBR BellRing Brands, Inc.0 of 3−3.6%−27.9%−35.1%———————
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How closely does MDLZ move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell. An investment that captures more of the gains than the losses has compounded ahead of the market over time. This section compares MDLZ with its popular alternatives on both measures, and on beta (how strongly each has moved with the market), over the past 10 years.

Monthly total returns over the past 10 years, measured against SPY. 100% capture or a beta of 1.00 means moving in line with the S&P 500. Green marks a better figure than MDLZ's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.

InvestmentUpside captureDownside captureCapture ratioBeta
MDLZ This pageMondelez International, Inc.45%55%0.820.52
WMT Walmart Inc.74%36%2.080.53
COST Costco Wholesale Corporation93%50%1.850.77
TR Tootsie Roll Industries, Inc.22%12%1.770.17
HSY The Hershey Company38%25%1.530.24
KO The Coca-Cola Company57%44%1.290.47
BG Bunge Global S.A.67%72%0.920.66
ADM Archer-Daniels-Midland Company72%79%0.910.75
PEP PepsiCo, Inc.48%65%0.750.48
SJM The J. M. Smucker Company25%38%0.670.30
MKC McCormick & Company, Incorporated53%96%0.550.57
JJSF J&J Snack Foods Corp.32%82%0.390.50
GIS General Mills, Inc.22%65%0.340.27
CAG Conagra Brands, Inc.25%90%0.270.42
KHC The Kraft Heinz Company19%100%0.190.58
FLO Flowers Foods, Inc.9%58%0.160.36
HRL Hormel Foods Corporation6%37%0.150.15
CPB Campbell Soup Company6%58%0.110.30
LWAY Lifeway Foods, Inc.7%0%—1.18
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What diversifies MDLZ?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions). This section lists large ETFs and stocks whose returns have had a low correlation with MDLZ's. Because such investments tend not to fall at the same time, pairing MDLZ with them can reduce a portfolio's overall swings.

Only ETFs with at least $1.0B in assets and stocks worth at least $10B, with a correlation below 0.5 over the past 5 years and a positive return, are included, ranked by Sharpe ratio; funds that hold the same thing are shown once. The year columns are the years in which MDLZ lost money. The last two columns show a portfolio that is 80% MDLZ and 20% the other investment, rebalanced monthly.

ETFs

InvestmentCorrelation5Y returnSharpe2025202420182017200820072005200380/20 mix volatility80/20 mix annual return
MDLZ Mondelez International, Inc. (this page)1.00+21.5%0.29−7.0%−15.3%−4.3%−1.6%−13.0%−4.1%−17.3%−14.4%18.9%+2.6%
DXJ InternationalWisdomTree Japan Hedged Equity Fund0.18+225%1.34+32.8%+29.8%−19.8%+22.8%−20.8%−7.4%——15.8%+7.5%
EMLP Broad MarketFirst Trust North American Energy Infrastructure Fund0.41+101%1.04+9.7%+33.4%−8.7%+1.1%————16.6%+5.3%
SMH TechnologyVanEck Semiconductor ETF0.07+323%0.97+49.2%+39.1%−9.1%+38.5%−44.7%+6.0%+10.8%+87.3%17.1%+10.1%
DBEF InternationalXtrackers MSCI EAFE Hedged Equity ETF0.41+85.0%0.96+23.1%+13.4%−9.5%+16.7%————16.2%+5.0%
GLD CommoditiesSPDR Gold Shares0.32+126%0.96+63.7%+26.7%−1.9%+12.8%+4.9%+30.4%+17.8%—16.6%+5.9%
SPMO Broad MarketInvesco S&P 500 Momentum ETF0.16+136%0.93+26.6%+45.8%−0.9%+27.8%————16.3%+6.7%
XLE EnergyState Street Energy Select Sector SPDR ETF0.33+177%0.93+7.9%+5.6%−18.2%−0.9%−39.0%+36.8%+40.1%+25.9%17.6%+7.0%
VTV Broad MarketVanguard Morningstar Value ETF0.49+76.6%0.90+15.3%+16.0%−5.5%+17.1%−35.9%−0.1%+7.2%—16.7%+4.8%

Stocks

InvestmentCorrelation5Y returnSharpe2025202420182017200820072005200380/20 mix volatility80/20 mix annual return
MDLZ Mondelez International, Inc. (this page)1.00+21.5%0.29−7.0%−15.3%−4.3%−1.6%−13.0%−4.1%−17.3%−14.4%18.9%+2.6%
CAH Medical - DistributionCardinal Health, Inc.0.23+479%1.55+76.3%+19.0%−24.5%−12.7%−39.6%−9.8%+18.7%+3.5%17.1%+9.6%
CLS Hardware, Equipment & PartsCelestica Inc.-0.13+3,143%1.47+220%+215%−16.3%−11.6%−20.5%−25.7%−25.2%+6.9%17.9%+22.2%
FIX Engineering & ConstructionComfort Systems USA, Inc.0.11+1,636%1.46+121%+107%+0.8%+32.1%−15.2%+2.1%+20.1%+63.6%18.4%+17.9%
MCK Medical - DistributionMcKesson Corporation0.23+413%1.44+44.5%+23.7%−28.4%+12.0%−40.4%+29.7%+64.9%+19.9%17.1%+9.0%
MPC Oil & Gas Refining & MarketingMarathon Petroleum Corporation0.17+690%1.41+19.2%−4.0%−8.2%+34.8%————17.5%+11.6%
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Common questions

What was MDLZ's worst drawdown?

MDLZ's deepest decline since it began trading in 2001 was 38.2%, from September 2008 to March 2009. It took 18 months from the low to climb back to its old high.

What were MDLZ's best and worst years?

Over 24 full calendar years, MDLZ's best year was 2012, when it returned 121%. Its worst was 2005, with a return of -17.3%.

Is there a better investment than MDLZ?

Among MDLZ's popular alternatives, KO earned more than MDLZ with less volatility over the past 5 years: 14.7% a year at 16.8% volatility, against 4.0% a year at 20.2%. Looking beyond its popular alternatives, MNST (food & beverages) and CCEP (food & beverages) were ahead of MDLZ in most short and long periods.

Is MDLZ more volatile than the S&P 500?

Yes. MDLZ's volatility over the past 5 years was 20.2%, 1.2 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, MDLZ's return lands within 20.2% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

What is MDLZ's Sharpe ratio?

MDLZ's Sharpe ratio over the past 5 years was 0.29, against 0.79 for the S&P 500, so MDLZ earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

How correlated is MDLZ with the S&P 500?

Over the past 5 years, MDLZ's monthly returns had a correlation of 0.31 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against MDLZ instead: the lower it is, the more that option would diversify a MDLZ holding.

What are the best alternatives to MDLZ?

Of the 20 popular alternatives we compared, three outperformed MDLZ in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: KO, ADM and SJM.

Did MDLZ outperform the S&P 500?

MDLZ finished ahead of the S&P 500 (SPY) in 11 of 24 full calendar years. In 2025, it returned -7.0%, against +17.7% for the index.

How did MDLZ do in stock market crashes?

MDLZ fell less than the S&P 500 (SPY) in seven of the nine major crashes it has traded through, and further in two. The clearest case was the 2008 financial crisis, when MDLZ fell 38.2% and the S&P 500 fell 55.2%.

What diversifies MDLZ?

These had a low correlation with MDLZ over the past 5 years and still earned a positive 5-year return: among large ETFs, DXJ (correlation 0.18), EMLP (correlation 0.41) and SMH (correlation 0.07); among large stocks, CAH (correlation 0.23), CLS (correlation -0.13) and FIX (correlation 0.11). A correlation near zero means the two have moved largely independently.

How we measure

More research

Popular alternatives to MDLZ

Other stocks and ETFs