Cigna Corp vs iShares MSCI Canada (TSX) — how do they compare? Cigna Corp trades at $302.59 (market cap $80.55B), while iShares MSCI Canada (TSX) trades at $59.3. The key difference: Cigna Corp pays a 2.05% dividend while iShares MSCI Canada (TSX) pays none, and iShares MSCI Canada (TSX) is trading nearer its 52-week high, Cigna Corp nearer its low. Which is the better fit depends on your goals.
| CI | EWC | |
|---|---|---|
Market Cap | $80.55B | — |
Sector | Health | Broad Market / Factor |
52-Week High | $311.00 | $59.46 |
52-Week Low | $244.41 | $45.86 |
Enterprise Value | $103.65B | — |
Dividend Yield | 2.05% | — |
Trailing returns across standard periods
Latest headlines on both assets
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
Read more on CI →EWC is a country-specific ETF that tracks the performance of the Canadian equity market. It provides exposure to large and mid-sized companies in Canada, with heavy concentrations in financials and energy, including Royal Bank of Canada, Shopify, and Enbridge.
Read more on EWC →