Cigna Corp vs Consumer Discretionary Select Sector SPDR Fund — how do they compare? Cigna Corp trades at $273 (market cap $73.56B), while Consumer Discretionary Select Sector SPDR Fund trades at $119.22. The key difference: Cigna Corp pays a 2.24% dividend while Consumer Discretionary Select Sector SPDR Fund pays none, and Consumer Discretionary Select Sector SPDR Fund is trading nearer its 52-week high, Cigna Corp nearer its low. Which is the better fit depends on your goals.
| CI | XLY | |
|---|---|---|
Market Cap | $73.56B | — |
Sector | Health | — |
52-Week High | $311.00 | $124.52 |
52-Week Low | $244.41 | $105.64 |
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 →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: retail; hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure products; and diversified consumer services. It is non-diversified.
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