Appian Corp vs Materials Select Sector SPDR Fund — how do they compare? Appian Corp trades at $35.5 (market cap $2.54B), while Materials Select Sector SPDR Fund trades at $53.18. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, Appian Corp nearer its low. Which is the better fit depends on your goals.
| APPN | XLB | |
|---|---|---|
Market Cap | $2.54B | — |
Sector | Technology | — |
52-Week High | $45.64 | $53.62 |
52-Week Low | $18.72 | $42.23 |
Enterprise Value | $2.67B | — |
Trailing returns across standard periods
Appian Corp provides a low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications. With its platform, organizations can rapidly and easily design, build and implement powerful, enterprise-grade custom applications through intuitive, visual interface with little or no coding required. The company's customers use applications built on its low-code platform to launch new business lines, automate vital employee workflows, manage complex trading platforms, accelerate drug development and build procurement systems. The group generates a majority of its revenue from the domestic market. It serves various industries such as education.
Read more on APPN →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: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →