CubeSmart vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? CubeSmart trades at $40.56 (market cap $9.19B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $107.17. The key difference: CubeSmart pays a 5.22% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and CubeSmart 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.
| CUBE | LQD | |
|---|---|---|
Market Cap | $9.19B | — |
Sector | Real Estate | — |
52-Week High | $42.34 | $112.91 |
52-Week Low | $35.36 | $106.96 |
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 →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.
Read more on LQD →