Fortinet Inc vs Vanguard Information Technology Index Fund ETF — how do they compare? Fortinet Inc trades at $161.04 (market cap $118.78B), while Vanguard Information Technology Index Fund ETF trades at $121. Which is the better fit depends on your goals.
| FTNT | VGT | |
|---|---|---|
Market Cap | $118.78B | — |
Sector | Technology | — |
52-Week High | $168.29 | $125.77 |
52-Week Low | $75.23 | $83.59 |
Enterprise Value | $115.21B | — |
Trailing returns across standard periods
Latest headlines on both assets
Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →