Brookfield Infrastructure Partners LP vs Materials Select Sector SPDR Fund — how do they compare? Brookfield Infrastructure Partners LP trades at $39 (market cap $18.10B), while Materials Select Sector SPDR Fund trades at $53.18. The key difference: Brookfield Infrastructure Partners LP pays a 4.62% dividend while Materials Select Sector SPDR Fund pays none, and Materials Select Sector SPDR Fund is trading nearer its 52-week high, Brookfield Infrastructure Partners LP nearer its low. Which is the better fit depends on your goals.
| BIP | XLB | |
|---|---|---|
Market Cap | $18.10B | — |
Sector | Industrials | — |
52-Week High | $42.62 | $53.62 |
52-Week Low | $29.81 | $42.23 |
Enterprise Value | $77.05B | — |
Dividend Yield | 4.62% | — |
Trailing returns across standard periods
Brookfield Infrastructure owns and operates high-quality global assets across utilities, transport, midstream, and data sectors. It focuses on generating stable, long-term cash flows from essential infrastructure.
Read more on BIP →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 →