Genuine Parts Company vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? Genuine Parts Company trades at $135.1 (market cap $18.62B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.32. The key difference: Genuine Parts Company pays a 3.15% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and Genuine Parts Company is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| GPC | LQD | |
|---|---|---|
Market Cap | $18.62B | — |
Sector | Consumer Cyclical | — |
52-Week High | $149.26 | $112.91 |
52-Week Low | $92.47 | $105.96 |
Enterprise Value | $24.72B | — |
Dividend Yield | 3.15% | — |
Trailing returns across standard periods
Latest headlines on both assets
Genuine Parts sells automotive parts (about two thirds of net sales) and industrial components. The company sells vehicle parts to commercial and retail customers through roughly 9,700 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and OEM clients.
Read more on GPC →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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