Cigna Corp vs Global X Defense Tech ETF — how do they compare? Cigna Corp trades at $302.09 (market cap $80.55B), while Global X Defense Tech ETF trades at $60.23. The key difference: Cigna Corp pays a 2.05% dividend while Global X Defense Tech ETF pays none, and Cigna Corp is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals.
| CI | SHLD | |
|---|---|---|
Market Cap | $80.55B | — |
Sector | Health | Sector/Thematic |
52-Week High | $311.00 | $78.02 |
52-Week Low | $244.41 | $58.20 |
Enterprise Value | $103.65B | — |
Dividend Yield | 2.05% | — |
Trailing returns across standard periods
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 →SHLD tracks the Global X Defense Tech Index, targeting companies that lead the technological transformation of the defense sector. It focuses on pure-play innovators in cybersecurity, artificial intelligence, robotics, and advanced military systems, excluding traditional commercial aerospace to maintain a high level of thematic purity.
Read more on SHLD →