Consolidated Edison, Inc. vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $72.9. The key difference: Consolidated Edison, Inc. pays a 3.27% dividend while Vanguard Tax Managed Fund FTSE Developed Markets ETF pays none, and Vanguard Tax Managed Fund FTSE Developed Markets ETF is trading nearer its 52-week high, Consolidated Edison, Inc. nearer its low. Which is the better fit depends on your goals.
| ED | VEA | |
|---|---|---|
Market Cap | $39.76B | — |
Sector | Utilities | — |
52-Week High | $115.46 | $72.89 |
52-Week Low | $95.37 | $58.19 |
Enterprise Value | $66.61B | — |
Dividend Yield | 3.27% | — |
Trailing returns across standard periods
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
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