CubeSmart vs iShares MSCI Canada (TSX) — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while iShares MSCI Canada (TSX) trades at $59.3. The key difference: CubeSmart pays a 5.22% dividend while iShares MSCI Canada (TSX) pays none, and iShares MSCI Canada (TSX) is trading nearer its 52-week high, CubeSmart nearer its low. Which is the better fit depends on your goals.
| CUBE | EWC | |
|---|---|---|
Market Cap | $9.19B | — |
Sector | Real Estate | Broad Market / Factor |
52-Week High | $42.34 | $59.46 |
52-Week Low | $35.36 | $45.86 |
Enterprise Value | $12.69B | — |
Dividend Yield | 5.22% | — |
Trailing returns across standard periods
Latest headlines on both assets
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Read more on CUBE →EWC is a country-specific ETF that tracks the performance of the Canadian equity market. It provides exposure to large and mid-sized companies in Canada, with heavy concentrations in financials and energy, including Royal Bank of Canada, Shopify, and Enbridge.
Read more on EWC →