Illinois Tool Works Inc. vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.78. The key difference: Illinois Tool Works Inc. pays a 2.37% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and Illinois Tool Works Inc. 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.
| ITW | LQD | |
|---|---|---|
Market Cap | $78.17B | — |
Sector | Industrials | — |
52-Week High | $299.60 | $112.91 |
52-Week Low | $241.07 | $106.96 |
Enterprise Value | $86.49B | — |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →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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