Alexandria Real Estate Equities Inc vs Invesco Preferred ETF — how do they compare? Alexandria Real Estate Equities Inc trades at $48.5 (market cap $8.28B), while Invesco Preferred ETF trades at $10.64. The key difference: Alexandria Real Estate Equities Inc pays a 5.99% dividend while Invesco Preferred ETF pays none, and Alexandria Real Estate Equities Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| ARE | PGX | |
|---|---|---|
Market Cap | $8.28B | — |
Sector | Real Estate | — |
52-Week High | $87.45 | $11.87 |
52-Week Low | $40.41 | $10.65 |
Enterprise Value | $20.98B | — |
Dividend Yield | 5.99% | — |
Trailing returns across standard periods
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Read more on ARE →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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