Alcon AG vs First Trust Cloud Computing ETF — how do they compare? Alcon AG trades at $66.03 (market cap $32.08B), while First Trust Cloud Computing ETF trades at $158.47. The key difference: Alcon AG pays a 0.54% dividend while First Trust Cloud Computing ETF pays none, and First Trust Cloud Computing ETF is trading nearer its 52-week high, Alcon AG nearer its low. Which is the better fit depends on your goals.
| ALC | SKYY | |
|---|---|---|
Market Cap | $32.08B | — |
Sector | Health | — |
52-Week High | $87.18 | $168.91 |
52-Week Low | $62.02 | $104.16 |
Enterprise Value | $35.92B | — |
Dividend Yield | 0.54% | — |
Trailing returns across standard periods
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.
Read more on ALC →The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →