SPDR Gold Trust vs MGM Resorts International — how do they compare? SPDR Gold Trust trades at $404.3, while MGM Resorts International trades at $44.32 (market cap $11.10B). The key difference: MGM Resorts International pays a 0.03% dividend while SPDR Gold Trust pays none, and MGM Resorts International is trading nearer its 52-week high, SPDR Gold Trust nearer its low. Which is the better fit depends on your goals.
| GLD | MGM | |
|---|---|---|
52-Week High | $495.90 | $50.69 |
52-Week Low | $305.27 | $30.72 |
Market Cap | — | $11.10B |
Sector | — | Consumer Cyclical |
Enterprise Value | — | $38.40B |
Dividend Yield | — | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
GLD is the largest physically backed gold ETF in the world. It offers investors a cost-efficient and secure way to track the price of gold bullion without the need for physical storage.
Read more on GLD →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →