American Tower Corp vs Utilities Select Sector SPDR Fund — how do they compare? American Tower Corp trades at $169.49 (market cap $79.00B), while Utilities Select Sector SPDR Fund trades at $43.63. The key difference: American Tower Corp pays a 4.12% dividend while Utilities Select Sector SPDR Fund pays none, and Utilities Select Sector SPDR Fund is trading nearer its 52-week high, American Tower Corp nearer its low. Which is the better fit depends on your goals.
| AMT | XLU | |
|---|---|---|
Market Cap | $79.00B | — |
Sector | Real Estate | — |
52-Week High | $211.88 | $47.73 |
52-Week Low | $162.11 | $41.31 |
Enterprise Value | $122.53B | — |
Dividend Yield | 4.12% | — |
Trailing returns across standard periods
Latest headlines on both assets
American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 25 data centers in eight U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for more than half of its total revenue in 2021. Outside the U.S., American Tower's greatest presence is in India and Brazil, where it operates roughly 75,000 and 19,000 towers, respectively. American Tower operates as a real estate investment trust.
Read more on AMT →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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