Albemarle Corp. vs State Street SPDR Bloomberg 1-3 Month T-Bill ETF — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.5. The key difference: Albemarle Corp. pays a 1.27% dividend while State Street SPDR Bloomberg 1-3 Month T-Bill ETF pays none. Which is the better fit depends on your goals.
| ALB | BIL | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Fixed Income |
52-Week High | $215.62 | $91.77 |
52-Week Low | $72.58 | $91.27 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →