Franklin Resources, Inc. vs Materials Select Sector SPDR Fund — how do they compare? Franklin Resources, Inc. trades at $33.24 (market cap $17.06B), while Materials Select Sector SPDR Fund trades at $50.63. The key difference: Franklin Resources, Inc. pays a 4.02% dividend while Materials Select Sector SPDR Fund pays none, and Franklin Resources, Inc. is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| BEN | XLB | |
|---|---|---|
Market Cap | $17.06B | — |
Sector | Financials | — |
52-Week High | $34.44 | $53.62 |
52-Week Low | $21.18 | $42.23 |
Enterprise Value | $28.88B | — |
Dividend Yield | 4.02% | — |
Trailing returns across standard periods
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2022, Franklin had $1.388 trillion in managed assets, composed primarily of equity (32%), fixed-income (38%), multi-asset/balanced (10%) funds, alternatives (16%), and money market funds (4%). Distribution tends to be weighted more toward retail investors (49% of AUM) investors, as opposed to institutional (49%) and high-net-worth (2%) clients. Franklin is also one of the more global firms of the U.S.-based asset managers with more than 35% of its AUM invested in global/international strategies and 25% of managed assets sourced from clients domiciled outside the United States.
Read more on BEN →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.
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