Cigna Corp vs State Street Technology Select Sector SPDR ETF — how do they compare? Cigna Corp trades at $273 (market cap $73.56B), while State Street Technology Select Sector SPDR ETF trades at $187.75. The key difference: Cigna Corp pays a 2.24% dividend while State Street Technology Select Sector SPDR ETF pays none, and State Street Technology Select Sector SPDR ETF is trading nearer its 52-week high, Cigna Corp nearer its low. Which is the better fit depends on your goals.
| CI | XLK | |
|---|---|---|
Market Cap | $73.56B | — |
Sector | Health | Sector/Thematic |
52-Week High | $311.00 | $198.21 |
52-Week Low | $244.41 | $127.49 |
Enterprise Value | $98.27B | — |
Dividend Yield | 2.24% | — |
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 →XLK tracks the Technology Select Sector Index, providing targeted exposure to the largest and most influential technology companies within the S&P 500. It is a highly concentrated, liquid vehicle focused on software, semiconductors, and hardware leaders, serving as the primary benchmark for U.S. large-cap technology performance.
Read more on XLK →