ING Groep NV vs Consumer Staples Select Sector SPDR Fund — how do they compare? ING Groep NV trades at $35.49 (market cap $101.22B), while Consumer Staples Select Sector SPDR Fund trades at $84.53. The key difference: ING Groep NV pays a 3.73% dividend while Consumer Staples Select Sector SPDR Fund pays none, and ING Groep NV is trading nearer its 52-week high, Consumer Staples Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| ING | XLP | |
|---|---|---|
Market Cap | $101.22B | — |
Sector | Financials | — |
52-Week High | $35.92 | $90.00 |
52-Week Low | $23.66 | $75.61 |
Dividend Yield | 3.73% | — |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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 companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
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