FedEx Corporation vs Utilities Select Sector SPDR Fund — how do they compare? FedEx Corporation trades at $322.43 (market cap $76.28B), while Utilities Select Sector SPDR Fund trades at $43.64. The key difference: FedEx Corporation pays a 1.51% dividend while Utilities Select Sector SPDR Fund pays none, and FedEx Corporation is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| FDX | XLU | |
|---|---|---|
Market Cap | $76.28B | — |
Sector | Industrials | — |
52-Week High | $338.75 | $47.73 |
52-Week Low | $180.51 | $41.31 |
Enterprise Value | $105.91B | — |
Dividend Yield | 1.51% | — |
Trailing returns across standard periods
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2020 (ended May 2020), FedEx derived 51% of revenue from its express division, 33% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Read more on FDX →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.
Read more on XLU →