Packaged Foods

The Kraft Heinz Company vs Mondelez International Inc.

WatchlistKHC / MDLZPrices through Oct 22, 2026

Why these are rivals: #1 and #3 by market value ($81B vs $27B) in Nasdaq's "Packaged Foods" industry; SEC SIC 2000 / 2030 (same major group).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Co-movement: daily return correlation, 252 sessions: 0.59 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -1.86 (needs <= -2.873 (5% critical value))
Business leadership

MDLZ is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearKHCMDLZLarger
2025$24.9B$38.5BMDLZ
2024$25.8B$36.4BMDLZ
2023$26.6B$36.0BMDLZ
2022$26.5B$31.5BMDLZ
2021$26.0B$28.7BMDLZ
2020$26.2B$26.6BMDLZ

MDLZ led in every year with figures for both. Market value: KHC $27.5B, MDLZ $80.8B.

Stock leadership

MDLZ is ahead now

Measured against the pair's own last 252 trading days.

MDLZ leads KHC by 0.85 standard deviations: +5.3% over its usual price ratio. 4 lead switches in the last year.

Price change3 mo6 mo12 mo
KHC-2.3%+14.2%-1.9%
MDLZ+7.7%+13.0%+5.6%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.59 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.86 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 26.21 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

KHC The Kraft Heinz Company MDLZ Mondelez International Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
6080100Oct 2024Oct 2025Oct 2026KHC 70MDLZ 91
Spread z-score: KHC relative to MDLZ, against the 252 sessions before each day. Above 0: KHC ahead; below 0: MDLZ ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateKHC indexMDLZ indexzAhead
2026-10-2269.6991.07-0.85MDLZ ahead
2026-10-2165.2887.65-1.31MDLZ ahead
2026-10-2066.1989.40-1.42MDLZ ahead
2026-10-1964.3688.49-1.74MDLZ ahead
2026-10-1665.7889.28-1.54MDLZ ahead
2026-10-1564.6788.06-1.61MDLZ ahead
2026-10-1463.0687.41-1.93MDLZ ahead
2026-10-1362.3185.92-1.86MDLZ ahead
2026-10-1262.3686.32-1.95MDLZ ahead
2026-10-0961.8684.40-1.72MDLZ ahead
2026-10-0862.4484.76-1.64MDLZ ahead
2026-10-0761.0682.96-1.67MDLZ ahead
2026-10-0661.1983.29-1.72MDLZ ahead
2026-10-0560.6781.71-1.55MDLZ ahead
2026-10-0261.6481.29-1.19MDLZ ahead
2026-10-0162.3980.69-0.84MDLZ ahead
2026-09-3063.1180.78-0.66MDLZ ahead
2026-09-2965.1482.87-0.55MDLZ ahead
2026-09-2865.4484.07-0.73MDLZ ahead
2026-09-2565.6484.17-0.70MDLZ ahead
2026-09-2466.2885.02-0.72MDLZ ahead
2026-09-2366.0885.83-0.95MDLZ ahead
2026-09-2266.6785.33-0.69MDLZ ahead
2026-09-2167.6984.06-0.14near the usual relationship
2026-09-1867.8685.01-0.30near the usual relationship
2026-09-1768.6986.67-0.43near the usual relationship
2026-09-1668.6987.12-0.53MDLZ ahead
2026-09-1568.6986.76-0.46near the usual relationship
2026-09-1467.4287.16-0.89MDLZ ahead
2026-09-1168.3387.23-0.66MDLZ ahead
2026-09-1067.7587.27-0.83MDLZ ahead
2026-09-0968.3687.20-0.66MDLZ ahead
2026-09-0869.1786.10-0.23near the usual relationship
2026-09-0469.0385.61-0.17near the usual relationship
2026-09-0370.6185.85+0.18near the usual relationship
2026-09-0272.9487.25+0.48near the usual relationship
2026-09-0171.8686.07+0.44near the usual relationship
2026-08-3171.3186.71+0.17near the usual relationship
2026-08-2871.3987.12+0.10near the usual relationship
2026-08-2769.8187.22-0.32near the usual relationship
2026-08-2668.8688.03-0.73MDLZ ahead
2026-08-2570.3388.00-0.36near the usual relationship
2026-08-2471.3190.39-0.59MDLZ ahead
2026-08-2171.0690.04-0.59MDLZ ahead
2026-08-2071.0389.61-0.52MDLZ ahead
2026-08-1971.3389.63-0.46near the usual relationship
2026-08-1868.9487.54-0.64MDLZ ahead
2026-08-1768.7586.87-0.56MDLZ ahead
2026-08-1470.8688.87-0.44near the usual relationship
2026-08-1370.5088.75-0.51MDLZ ahead
2026-08-1268.1486.87-0.73MDLZ ahead
2026-08-1168.4786.31-0.55MDLZ ahead
2026-08-1069.2585.96-0.29near the usual relationship
2026-08-0770.3387.47-0.33near the usual relationship
2026-08-0669.3387.66-0.61MDLZ ahead
2026-08-0571.4787.45-0.07near the usual relationship
2026-08-0474.0086.73+0.66KHC ahead
2026-08-0373.3986.24+0.61KHC ahead
2026-07-3171.8187.05+0.09near the usual relationship
2026-07-3073.2888.13+0.22near the usual relationship
2026-07-2976.7290.79+0.49near the usual relationship
2026-07-2875.8387.29+0.96KHC ahead
2026-07-2772.8384.76+0.79KHC ahead
2026-07-2471.3184.55+0.47near the usual relationship
2026-07-2370.4483.89+0.40near the usual relationship
2026-07-2272.1185.02+0.58KHC ahead
2026-07-2171.6483.63+0.75KHC ahead
2026-07-2071.8384.20+0.68KHC ahead
2026-07-1771.8985.22+0.50KHC ahead
2026-07-1672.8685.81+0.61KHC ahead
2026-07-1570.6982.03+0.87KHC ahead
2026-07-1469.6782.15+0.60KHC ahead
2026-07-1370.0883.63+0.40near the usual relationship
2026-07-1069.0382.19+0.44near the usual relationship
2026-07-0968.5681.45+0.49near the usual relationship
2026-07-0869.2283.10+0.32near the usual relationship
2026-07-0770.2884.13+0.37near the usual relationship
2026-07-0668.9482.66+0.35near the usual relationship
2026-07-0270.4785.09+0.23near the usual relationship
2026-07-0169.4782.91+0.43near the usual relationship
2026-06-3065.6180.80-0.08near the usual relationship
2026-06-2967.1984.03-0.33near the usual relationship
2026-06-2665.8384.93-0.84MDLZ ahead
2026-06-2565.1985.50-1.11MDLZ ahead
2026-06-2463.7286.25-1.64MDLZ ahead
2026-06-2362.4285.30-1.80MDLZ ahead
2026-06-2261.1983.14-1.71MDLZ ahead
2026-06-1863.3983.99-1.30MDLZ ahead
2026-06-1764.4485.02-1.23MDLZ ahead
2026-06-1666.1186.83-1.16MDLZ ahead
2026-06-1566.6485.92-0.85MDLZ ahead
2026-06-1267.7588.00-0.98MDLZ ahead
2026-06-1167.2888.52-1.19MDLZ ahead
2026-06-1066.8189.66-1.54MDLZ ahead
2026-06-0965.0887.92-1.66MDLZ ahead
2026-06-0864.8686.06-1.37MDLZ ahead
2026-06-0562.7286.67-2.08MDLZ ahead
2026-06-0462.4285.21-1.89MDLZ ahead
2026-06-0363.2285.65-1.77MDLZ ahead
2026-06-0264.8185.32-1.28MDLZ ahead
2026-06-0165.6485.29-1.06MDLZ ahead
2026-05-2966.6985.46-0.82MDLZ ahead
2026-05-2867.9787.16-0.83MDLZ ahead
2026-05-2767.7286.97-0.86MDLZ ahead
2026-05-2666.2585.55-0.96MDLZ ahead
2026-05-2266.0886.28-1.16MDLZ ahead
2026-05-2165.3985.92-1.28MDLZ ahead
2026-05-2065.3686.39-1.40MDLZ ahead
2026-05-1964.6785.62-1.44MDLZ ahead
2026-05-1864.8686.11-1.50MDLZ ahead
2026-05-1563.6784.44-1.50MDLZ ahead
2026-05-1464.7585.18-1.36MDLZ ahead
2026-05-1364.3985.95-1.64MDLZ ahead
2026-05-1264.9286.20-1.56MDLZ ahead
2026-05-1164.6185.79-1.58MDLZ ahead
2026-05-0866.5685.99-1.09MDLZ ahead
2026-05-0765.6785.65-1.27MDLZ ahead
2026-05-0664.0886.43-1.90MDLZ ahead
2026-05-0562.6185.72-2.20MDLZ ahead
2026-05-0462.2885.75-2.34MDLZ ahead
2026-05-0162.4785.74-2.32MDLZ ahead
2026-04-3062.9485.83-2.23MDLZ ahead
2026-04-2962.2885.28-2.34MDLZ ahead
2026-04-2862.4281.78-1.51MDLZ ahead
2026-04-2760.8980.22-1.62MDLZ ahead
2026-04-2460.9480.48-1.69MDLZ ahead
2026-04-2361.0380.62-1.71MDLZ ahead
2026-04-2260.8178.32-1.23MDLZ ahead
2026-04-2161.0678.42-1.19MDLZ ahead
2026-04-2061.6980.06-1.40MDLZ ahead
2026-04-1762.4279.98-1.16MDLZ ahead
2026-04-1662.7579.73-1.01MDLZ ahead
2026-04-1561.1479.04-1.36MDLZ ahead
2026-04-1461.4280.80-1.71MDLZ ahead
2026-04-1362.2880.58-1.40MDLZ ahead
2026-04-1064.0682.43-1.30MDLZ ahead
2026-04-0964.6482.55-1.16MDLZ ahead
2026-04-0863.7582.19-1.36MDLZ ahead
2026-04-0764.3980.34-0.73MDLZ ahead
2026-04-0665.4781.56-0.70MDLZ ahead
2026-04-0263.3180.39-1.08MDLZ ahead
2026-04-0161.8679.73-1.38MDLZ ahead
2026-03-3162.4780.53-1.39MDLZ ahead
2026-03-3062.0681.38-1.74MDLZ ahead
2026-03-2761.2281.41-2.04MDLZ ahead
2026-03-2659.8980.44-2.26MDLZ ahead
2026-03-2559.7580.23-2.29MDLZ ahead
2026-03-2459.2279.88-2.41MDLZ ahead
2026-03-2358.9279.44-2.42MDLZ ahead
2026-03-2059.9278.53-1.87MDLZ ahead
2026-03-1960.4478.92-1.81MDLZ ahead
2026-03-1861.3378.89-1.52MDLZ ahead
2026-03-1763.5880.94-1.32MDLZ ahead
2026-03-1663.0879.85-1.21MDLZ ahead
2026-03-1362.7276.68-0.54MDLZ ahead
2026-03-1262.0375.93-0.57MDLZ ahead
2026-03-1164.2877.34-0.24near the usual relationship
2026-03-1065.7279.04-0.24near the usual relationship
2026-03-0967.8981.27-0.16near the usual relationship
2026-03-0668.1781.59-0.16near the usual relationship
2026-03-0567.3181.28-0.34near the usual relationship
2026-03-0466.7881.99-0.65MDLZ ahead
2026-03-0367.2882.10-0.55MDLZ ahead
2026-03-0268.0884.44-0.85MDLZ ahead
2026-02-2768.3686.03-1.11MDLZ ahead
2026-02-2668.2583.74-0.66MDLZ ahead
2026-02-2568.2183.99-0.73MDLZ ahead
2026-02-2468.8385.40-0.87MDLZ ahead
2026-02-2368.1784.35-0.83MDLZ ahead
2026-02-2067.7882.15-0.48near the usual relationship
2026-02-1966.6481.92-0.73MDLZ ahead
2026-02-1866.5383.93-1.18MDLZ ahead
2026-02-1766.0683.63-1.25MDLZ ahead
2026-02-1368.8987.44-1.30MDLZ ahead
2026-02-1267.5686.42-1.44MDLZ ahead
2026-02-1169.4285.88-0.88MDLZ ahead
2026-02-1069.1784.73-0.72MDLZ ahead
2026-02-0968.2884.84-0.95MDLZ ahead
2026-02-0668.4483.85-0.73MDLZ ahead
2026-02-0567.9084.26-0.94MDLZ ahead
2026-02-0468.0082.98-0.68MDLZ ahead
2026-02-0366.3183.08-1.09MDLZ ahead
2026-02-0265.2881.99-1.13MDLZ ahead
2026-01-3065.9481.68-0.92MDLZ ahead
2026-01-2964.2880.06-1.00MDLZ ahead
2026-01-2864.4280.65-1.08MDLZ ahead
2026-01-2765.8382.45-1.09MDLZ ahead
2026-01-2665.5081.77-1.05MDLZ ahead
2026-01-2364.4481.59-1.25MDLZ ahead
2026-01-2263.1180.44-1.35MDLZ ahead
2026-01-2162.2280.12-1.51MDLZ ahead
2026-01-2066.0081.01-0.84MDLZ ahead
2026-01-1665.3679.97-0.80MDLZ ahead
2026-01-1567.3380.05-0.40near the usual relationship
2026-01-1467.5679.95-0.35near the usual relationship
2026-01-1365.3178.15-0.51MDLZ ahead
2026-01-1264.9776.73-0.33near the usual relationship
2026-01-0965.0676.96-0.36near the usual relationship
2026-01-0865.0875.43-0.10near the usual relationship
2026-01-0763.9271.96+0.28near the usual relationship
2026-01-0665.3173.67+0.24near the usual relationship
2026-01-0566.0375.08+0.13near the usual relationship
2026-01-0267.7574.95+0.47near the usual relationship
2025-12-3167.3675.20+0.35near the usual relationship
2025-12-3067.8676.57+0.20near the usual relationship
2025-12-2967.3676.89+0.05near the usual relationship
2025-12-2667.0376.33+0.07near the usual relationship
2025-12-2466.7276.31+0.01near the usual relationship
2025-12-2365.8375.65-0.05near the usual relationship
2025-12-2267.0875.87+0.13near the usual relationship
2025-12-1968.0876.14+0.26near the usual relationship
2025-12-1868.7576.53+0.31near the usual relationship
2025-12-1768.7575.19+0.52KHC ahead
2025-12-1668.5675.40+0.44near the usual relationship
2025-12-1568.0675.80+0.29near the usual relationship
2025-12-1267.9275.50+0.30near the usual relationship
2025-12-1167.7575.15+0.32near the usual relationship
2025-12-1067.6475.29+0.27near the usual relationship
2025-12-0967.3175.59+0.17near the usual relationship
2025-12-0868.0876.50+0.16near the usual relationship
2025-12-0567.6176.70+0.04near the usual relationship
2025-12-0468.3177.95-0.03near the usual relationship
2025-12-0369.5378.28+0.12near the usual relationship
2025-12-0269.3378.22+0.09near the usual relationship
2025-12-0170.4778.79+0.19near the usual relationship
2025-11-2870.8680.43+0.01near the usual relationship
2025-11-2671.1179.92+0.12near the usual relationship
2025-11-2570.6778.97+0.18near the usual relationship
2025-11-2470.0878.50+0.15near the usual relationship
2025-11-2170.2579.63+0.01near the usual relationship
2025-11-2069.3977.88+0.12near the usual relationship
2025-11-1969.1978.35+0.02near the usual relationship
2025-11-1869.3677.93+0.10near the usual relationship
2025-11-1768.0377.63-0.08near the usual relationship
2025-11-1469.0379.44-0.18near the usual relationship
2025-11-1369.3379.59-0.15near the usual relationship
2025-11-1268.7579.65-0.26near the usual relationship
2025-11-1168.5379.80-0.32near the usual relationship
2025-11-1067.7278.58-0.29near the usual relationship
2025-11-0767.4479.88-0.52MDLZ ahead
2025-11-0665.8978.50-0.59MDLZ ahead
2025-11-0567.0678.26-0.37near the usual relationship
2025-11-0467.1478.35-0.37near the usual relationship
2025-11-0367.5879.14-0.42near the usual relationship
2025-10-3168.6980.27-0.40near the usual relationship
2025-10-3068.2880.71-0.53MDLZ ahead
2025-10-2967.7280.82-0.64MDLZ ahead
2025-10-2870.8984.12-0.59MDLZ ahead
2025-10-2771.0886.14-0.82MDLZ ahead
2025-10-2470.1484.90-0.82MDLZ ahead
2025-10-2370.5885.23-0.80MDLZ ahead
2025-10-2271.2286.57-0.88MDLZ ahead
2025-10-2171.0686.27-0.87MDLZ ahead
2025-10-2071.4287.75-1.01MDLZ ahead
2025-10-1770.8987.26-1.03MDLZ ahead
2025-10-1669.8186.06-1.06MDLZ ahead
2025-10-1569.9786.14-1.05MDLZ ahead
2025-10-1470.6786.80-1.04MDLZ ahead
2025-10-1369.7585.46-1.02MDLZ ahead
2025-10-1069.8685.85-1.06MDLZ ahead
2025-10-0969.5685.22-1.03MDLZ ahead
2025-10-0869.6786.14-1.14MDLZ ahead
2025-10-0770.6187.45-1.17MDLZ ahead
2025-10-0670.1986.31-1.10MDLZ ahead
2025-10-0372.3987.55-0.93MDLZ ahead
2025-10-0272.4286.31-0.77MDLZ ahead
2025-10-0173.0088.25-0.93MDLZ ahead
2025-09-3072.3387.27-0.92MDLZ ahead
2025-09-2971.3987.50-1.10MDLZ ahead
2025-09-2672.3688.52-1.08MDLZ ahead
2025-09-2571.6987.40-1.05MDLZ ahead
2025-09-2474.2889.96-0.99MDLZ ahead
2025-09-2373.7889.16-0.97MDLZ ahead
2025-09-2273.2888.71-1.00MDLZ ahead
2025-09-1973.3989.01-1.03MDLZ ahead
2025-09-1872.4488.36-1.10MDLZ ahead
2025-09-1771.4787.78-1.18MDLZ ahead
2025-09-1672.0387.59-1.08MDLZ ahead
2025-09-1571.1986.06-1.02MDLZ ahead
2025-09-1272.5886.59-0.88MDLZ ahead
2025-09-1173.6786.69-0.73MDLZ ahead
2025-09-1074.0386.99-0.72MDLZ ahead
2025-09-0974.0887.41-0.77MDLZ ahead
2025-09-0874.7286.53-0.57MDLZ ahead
2025-09-0575.8186.25-0.38near the usual relationship
2025-09-0474.8985.08-0.36near the usual relationship
2025-09-0374.8185.64-0.45near the usual relationship
2025-09-0272.2886.32-0.93MDLZ ahead
2025-08-2977.6985.83-0.07near the usual relationship
2025-08-2876.7885.61-0.18near the usual relationship
2025-08-2777.4786.28-0.17near the usual relationship
2025-08-2676.9486.69-0.30near the usual relationship
2025-08-2576.9286.56-0.29near the usual relationship
2025-08-2277.9488.59-0.41near the usual relationship
2025-08-2176.3987.93-0.55MDLZ ahead
2025-08-2076.1788.25-0.63MDLZ ahead
2025-08-1976.8687.54-0.44near the usual relationship
2025-08-1875.7586.39-0.46near the usual relationship
2025-08-1576.8686.73-0.35near the usual relationship
2025-08-1476.8185.86-0.25near the usual relationship
2025-08-1377.8386.88-0.24near the usual relationship
2025-08-1275.9785.76-0.37near the usual relationship
2025-08-1176.1986.00-0.37near the usual relationship
2025-08-0877.1186.38-0.29near the usual relationship
2025-08-0776.8187.18-0.44near the usual relationship
2025-08-0675.7286.71-0.54MDLZ ahead
2025-08-0575.1187.04-0.68MDLZ ahead
2025-08-0474.4488.75-0.99MDLZ ahead
2025-08-0176.1489.31-0.82MDLZ ahead
2025-07-3176.2890.37-0.94MDLZ ahead
2025-07-3079.1490.95-0.61MDLZ ahead
2025-07-2979.3397.39-1.34MDLZ ahead
2025-07-2878.4797.21-1.45MDLZ ahead
2025-07-2579.6798.60-1.45MDLZ ahead
2025-07-2479.9498.04-1.37MDLZ ahead
2025-07-2380.3998.03-1.32MDLZ ahead
2025-07-2279.9498.84-1.48MDLZ ahead
2025-07-2176.3396.98-1.80MDLZ ahead
2025-07-1877.2897.53-1.74MDLZ ahead
2025-07-1778.1497.51-1.63MDLZ ahead
2025-07-1676.6194.26-1.49MDLZ ahead
2025-07-1575.3393.24-1.57MDLZ ahead
2025-07-1477.2294.50-1.46MDLZ ahead
2025-07-1175.3993.85-1.67MDLZ ahead
2025-07-1073.5393.81-1.97MDLZ ahead
2025-07-0973.4793.39-1.95MDLZ ahead
2025-07-0873.4295.26-2.22MDLZ ahead
2025-07-0772.4496.14-2.52MDLZ ahead
2025-07-0374.0696.38-2.33MDLZ ahead
2025-07-0275.1797.18-2.28MDLZ ahead
2025-07-0173.9296.34-2.41MDLZ ahead
2025-06-3071.7294.22-2.55MDLZ ahead
2025-06-2771.1494.69-2.77MDLZ ahead
2025-06-2671.6494.65-2.72MDLZ ahead
2025-06-2571.4793.99-2.72MDLZ ahead
2025-06-2472.3195.60-2.84MDLZ ahead
2025-06-2372.0095.69-2.97MDLZ ahead
2025-06-2071.6795.43-3.06MDLZ ahead
2025-06-1871.3392.69-2.79MDLZ ahead
2025-06-1771.5392.69-2.81MDLZ ahead
2025-06-1671.6493.89-3.03MDLZ ahead
2025-06-1372.4493.50-2.87MDLZ ahead
2025-06-1273.5095.17-2.98MDLZ ahead
2025-06-1173.3993.53-2.80MDLZ ahead
2025-06-1073.8693.94-2.82MDLZ ahead
2025-06-0973.5693.18-2.82MDLZ ahead
2025-06-0674.2592.41-2.59MDLZ ahead
2025-06-0573.9492.72-2.75MDLZ ahead
2025-06-0474.1793.08-2.81MDLZ ahead
2025-06-0374.4293.66-2.92MDLZ ahead
2025-06-0273.9794.31-3.19MDLZ ahead
2025-05-3074.2594.29-3.20MDLZ ahead
2025-05-2975.0694.26-3.08MDLZ ahead
2025-05-2873.7293.07-3.24MDLZ ahead
2025-05-2774.5393.46-3.20MDLZ ahead
2025-05-2373.0692.40-3.43MDLZ ahead
2025-05-2273.6191.49-3.20MDLZ ahead
2025-05-2173.9791.17-3.12MDLZ ahead
2025-05-2077.5092.02-2.47MDLZ ahead
2025-05-1977.4491.81-2.48MDLZ ahead
2025-05-1677.0691.25-2.51MDLZ ahead
2025-05-1576.3691.00-2.67MDLZ ahead
2025-05-1475.4788.77-2.46MDLZ ahead
2025-05-1376.6489.61-2.38MDLZ ahead
2025-05-1278.1991.97-2.53MDLZ ahead
2025-05-0977.9792.72-2.81MDLZ ahead
2025-05-0879.1493.91-2.82MDLZ ahead
2025-05-0778.4293.85-3.05MDLZ ahead
2025-05-0678.8994.31-3.09MDLZ ahead
2025-05-0579.4294.72-3.11MDLZ ahead
2025-05-0279.5694.65-3.11MDLZ ahead
2025-05-0179.1794.82-3.32MDLZ ahead
2025-04-3080.8395.18-2.99MDLZ ahead
2025-04-2980.1991.72-2.37MDLZ ahead
2025-04-2880.0390.95-2.25MDLZ ahead
2025-04-2581.9291.63-1.92MDLZ ahead
2025-04-2482.3391.53-1.79MDLZ ahead
2025-04-2383.5894.13-2.08MDLZ ahead
2025-04-2283.8995.40-2.31MDLZ ahead
2025-04-2183.1794.66-2.34MDLZ ahead
2025-04-1781.8394.05-2.57MDLZ ahead
2025-04-1680.0392.88-2.81MDLZ ahead
2025-04-1581.7293.64-2.57MDLZ ahead
2025-04-1482.7895.42-2.73MDLZ ahead
2025-04-1181.4793.67-2.70MDLZ ahead
2025-04-1080.1192.18-2.75MDLZ ahead
2025-04-0980.8392.47-2.65MDLZ ahead
2025-04-0876.9289.49-3.08MDLZ ahead
2025-04-0779.2591.13-2.85MDLZ ahead
2025-04-0482.4492.64-2.35MDLZ ahead
2025-04-0385.5894.86-2.06MDLZ ahead
2025-04-0283.6992.39-1.99MDLZ ahead
2025-04-0184.2894.51-2.38MDLZ ahead
2025-03-3184.5394.79-2.41MDLZ ahead
2025-03-2884.0094.61-2.56MDLZ ahead
2025-03-2783.5394.30-2.66MDLZ ahead
2025-03-2682.4792.67-2.59MDLZ ahead
2025-03-2580.8390.37-2.51MDLZ ahead
2025-03-2480.8990.74-2.63MDLZ ahead
2025-03-2182.0090.12-2.16MDLZ ahead
2025-03-2082.5389.34-1.80MDLZ ahead
2025-03-1983.0389.41-1.68MDLZ ahead
2025-03-1884.4290.32-1.52MDLZ ahead
2025-03-1785.1790.93-1.48MDLZ ahead
2025-03-1483.9789.84-1.54MDLZ ahead
2025-03-1383.8690.37-1.73MDLZ ahead
2025-03-1284.1790.78-1.77MDLZ ahead
2025-03-1186.3994.79-2.23MDLZ ahead
2025-03-1089.5095.21-1.44MDLZ ahead
2025-03-0789.3994.64-1.33MDLZ ahead
2025-03-0686.8993.27-1.70MDLZ ahead
2025-03-0586.0892.62-1.77MDLZ ahead
2025-03-0486.0691.21-1.39MDLZ ahead
2025-03-0387.0091.90-1.30MDLZ ahead
2025-02-2885.3189.73-1.20MDLZ ahead
2025-02-2785.1489.38-1.15MDLZ ahead
2025-02-2685.0688.64-0.96MDLZ ahead
2025-02-2588.1492.04-1.01MDLZ ahead
2025-02-2487.1191.31-1.12MDLZ ahead
2025-02-2186.4790.35-1.04MDLZ ahead
2025-02-2083.7886.85-0.83MDLZ ahead
2025-02-1982.7586.52-1.06MDLZ ahead
2025-02-1881.4485.47-1.15MDLZ ahead
2025-02-1480.3384.97-1.37MDLZ ahead
2025-02-1381.2585.44-1.23MDLZ ahead
2025-02-1279.5084.66-1.57MDLZ ahead
2025-02-1182.1784.45-0.62MDLZ ahead
2025-02-1080.4481.77-0.32near the usual relationship
2025-02-0781.3981.66+0.03near the usual relationship
2025-02-0680.5880.79+0.05near the usual relationship
2025-02-0579.4780.23-0.13near the usual relationship
2025-02-0479.7278.40+0.57KHC ahead
2025-02-0381.3380.20+0.50KHC ahead
2025-01-3182.8981.01+0.75KHC ahead
2025-01-3084.0881.60+0.94KHC ahead
2025-01-2982.3979.81+1.00KHC ahead
2025-01-2882.1979.51+1.05KHC ahead
2025-01-2783.8981.49+0.94KHC ahead
2025-01-2481.4280.22+0.56KHC ahead
2025-01-2380.7579.58+0.55KHC ahead
2025-01-2280.7578.67+0.87KHC ahead
2025-01-2181.8980.47+0.63KHC ahead
2025-01-1781.3180.83+0.32near the usual relationship
2025-01-1680.4781.03-0.03near the usual relationship
2025-01-1579.8179.13+0.38near the usual relationship
2025-01-1479.7579.77+0.14near the usual relationship
2025-01-1379.9478.47+0.65KHC ahead
2025-01-1079.1978.58+0.35near the usual relationship
2025-01-0882.3981.43+0.45near the usual relationship
2025-01-0782.6981.43+0.55KHC ahead
2025-01-0683.4781.34+0.83KHC ahead
2025-01-0385.0383.63+0.58KHC ahead
2025-01-0285.4783.12+0.88KHC ahead
2024-12-3185.3183.45+0.73KHC ahead
2024-12-3084.3383.21+0.50KHC ahead
2024-12-2785.2284.12+0.49near the usual relationship
2024-12-2684.8683.61+0.54KHC ahead
2024-12-2485.1183.82+0.55KHC ahead
2024-12-2384.6182.82+0.72KHC ahead
2024-12-2084.7882.97+0.72KHC ahead
2024-12-1983.6182.80+0.40near the usual relationship
2024-12-1884.1783.85+0.24near the usual relationship
2024-12-1786.8185.69+0.48near the usual relationship
2024-12-1686.0385.90+0.17near the usual relationship
2024-12-1388.0386.52+0.59KHC ahead
2024-12-1287.6487.50+0.17near the usual relationship
2024-12-1186.9288.18-0.26near the usual relationship
2024-12-1087.7586.27+0.58KHC ahead
2024-12-0988.1185.83+0.82KHC ahead
2024-12-0685.5887.82-0.56MDLZ ahead
2024-12-0585.8688.35-0.64MDLZ ahead
2024-12-0486.1188.39-0.58MDLZ ahead
2024-12-0387.3690.54-0.84MDLZ ahead
2024-12-0287.8191.13-0.88MDLZ ahead
2024-11-2988.8190.74-0.47near the usual relationship
2024-11-2788.6990.89-0.54MDLZ ahead
2024-11-2688.8190.64-0.44near the usual relationship
2024-11-2588.9490.72-0.42near the usual relationship
2024-11-2288.3689.97-0.37near the usual relationship
2024-11-2186.3690.51-1.14MDLZ ahead
2024-11-2085.7890.00-1.17MDLZ ahead
2024-11-1984.9489.23-1.20MDLZ ahead
2024-11-1886.3189.19-0.76MDLZ ahead
2024-11-1586.5090.09-0.96MDLZ ahead
2024-11-1488.3191.59-0.85MDLZ ahead
2024-11-1389.2592.20-0.74MDLZ ahead
2024-11-1288.8992.93-1.06MDLZ ahead
2024-11-1190.3692.34-0.45near the usual relationship
2024-11-0891.6792.48-0.11near the usual relationship
2024-11-0791.1791.81-0.06near the usual relationship
2024-11-0692.8392.72+0.16near the usual relationship
2024-11-0593.0896.47-0.80MDLZ ahead
2024-11-0492.7295.50-0.64MDLZ ahead
2024-11-0193.0395.71-0.61MDLZ ahead
2024-10-3192.9495.67-0.62MDLZ ahead
2024-10-3093.6997.50-0.90MDLZ ahead
2024-10-2996.6796.61+0.16near the usual relationship
2024-10-2897.5897.15+0.26near the usual relationship
2024-10-2596.5096.72+0.09near the usual relationship
2024-10-2497.3197.72+0.04near the usual relationship
2024-10-2398.6198.58+0.16near the usual relationship
2024-10-2299.0099.68-0.02near the usual relationship
2024-10-2198.5898.39+0.21near the usual relationship
2024-10-18100.00100.00+0.16near the usual relationship

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Dec 9, 2024 (KHC +3.0%, MDLZ -2.3%); Jul 30, 2025 (KHC -0.3%, MDLZ -6.6%); Sep 2, 2025 (KHC -7.0%, MDLZ +0.6%). Upcoming earnings: MDLZ Oct 27, 2026 (not-supplied); MDLZ Oct 29, 2026 (after-hours); KHC Nov 4, 2026 (pre-market).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

KHC and MDLZ at a glance

KHC The Kraft Heinz Company

Listing
NYSE · SEC CIK 1637459
Industry
Packaged Foods · SIC 2030 Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Market value
$27.5B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

MDLZ Mondelez International Inc.

Listing
Nasdaq · SEC CIK 1103982
Industry
Packaged Foods · SIC 2000 Food and Kindred Products
Market value
$80.8B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
ADM / KHCWatchlistADM by 0.43 sdPackaged Foods
MDLZ / ADMWatchlistneitherPackaged Foods

Follow the research behind the paper book

Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.

Explore the private beta

Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.