Centene Corp vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.25. The key difference: Centene Corp is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| CNC | LQD | |
|---|---|---|
Market Cap | $32.05B | — |
Sector | Health | — |
52-Week High | $68.72 | $112.91 |
52-Week Low | $26.17 | $105.96 |
Enterprise Value | $21.10B | — |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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