AMETEK, Inc. vs SPDR Gold Trust — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $58.76B), while SPDR Gold Trust trades at $406.7. The key difference: AMETEK, Inc. pays a 0.53% dividend while SPDR Gold Trust pays none, and AMETEK, Inc. is trading nearer its 52-week high, SPDR Gold Trust nearer its low. Which is the better fit depends on your goals.
| AME | GLD | |
|---|---|---|
Market Cap | $58.76B | — |
Sector | Industrials | — |
52-Week High | $256.30 | $495.90 |
52-Week Low | $179.28 | $305.27 |
Enterprise Value | $60.30B | — |
Dividend Yield | 0.53% | — |
Trailing returns across standard periods
Latest headlines on both assets
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →GLD is the largest physically backed gold ETF in the world. It offers investors a cost-efficient and secure way to track the price of gold bullion without the need for physical storage.
Read more on GLD →