Enbridge Inc vs Utilities Select Sector SPDR Fund — how do they compare? Enbridge Inc trades at $51.67 (market cap $112.62B), while Utilities Select Sector SPDR Fund trades at $43.63. The key difference: Enbridge Inc pays a 5.34% dividend while Utilities Select Sector SPDR Fund pays none, and Enbridge Inc is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| ENB | XLU | |
|---|---|---|
Market Cap | $112.62B | — |
Sector | Energy | — |
52-Week High | $58.04 | $47.73 |
52-Week Low | $45.23 | $41.31 |
Enterprise Value | $196.53B | — |
Dividend Yield | 5.34% | — |
Trailing returns across standard periods
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Read more on ENB →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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