Deutsche Bank AG vs Utilities Select Sector SPDR Fund — how do they compare? Deutsche Bank AG trades at $38.31 (market cap $71.96B), while Utilities Select Sector SPDR Fund trades at $43.64. The key difference: Deutsche Bank AG pays a 3.04% dividend while Utilities Select Sector SPDR Fund pays none, and Deutsche Bank AG is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| DB | XLU | |
|---|---|---|
Market Cap | $71.96B | — |
Sector | Financials | — |
52-Week High | $40.33 | $47.73 |
52-Week Low | $28.37 | $41.31 |
Dividend Yield | 3.04% | — |
Trailing returns across standard periods
In July 2019, Deutsche Bank announced another restructuring plan hoping to revitalize revenue, reduce costs, and return to profitability. The largest moving pieces of the new plan is the full exit of global equity sales & trading, the scaling back of its fixed income business, as well as 18,000 FTE reductions until 2022. The remaining core business segments include private banking, corporate banking, asset management, and investment banking.
Read more on DB →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: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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