Albemarle Corp. vs S&P500 ETF — how do they compare? Albemarle Corp. trades at $131.97 (market cap $15.27B), while S&P500 ETF trades at $773.95. The key difference: Albemarle Corp. pays a 1.27% dividend while S&P500 ETF pays none, and S&P500 ETF is trading nearer its 52-week high, Albemarle Corp. nearer its low. Which is the better fit depends on your goals.
| ALB | SPY | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | — |
52-Week High | $215.62 | $773.22 |
52-Week Low | $72.58 | $631.99 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on SPY →