Global X CleanTech vs Microchip Technology Inc. — how do they compare? Global X CleanTech trades at $58.44, while Microchip Technology Inc. trades at $82.15 (market cap $43.99B). The key difference: Microchip Technology Inc. pays a 2.25% dividend while Global X CleanTech pays none, and Microchip Technology Inc. is trading nearer its 52-week high, Global X CleanTech nearer its low. Which is the better fit depends on your goals.
| CTEC | MCHP | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $78.11 | $102.97 |
52-Week Low | $41.08 | $49.02 |
Market Cap | — | $43.99B |
Enterprise Value | — | $49.12B |
Dividend Yield | — | 2.25% |
Trailing returns across standard periods
Latest headlines on both assets
CTEC invests in companies at the forefront of the clean technology industry. It focuses on disruptive innovations in renewable energy production, energy storage, smart grids, and energy efficiency, with top holdings like Enphase and First Solar.
Read more on CTEC →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →