Illinois Tool Works Inc. vs First Trust Cloud Computing ETF — how do they compare? Illinois Tool Works Inc. trades at $293.28 (market cap $83.49B), while First Trust Cloud Computing ETF trades at $161.15. The key difference: Illinois Tool Works Inc. pays a 2.35% dividend while First Trust Cloud Computing ETF pays none, and First Trust Cloud Computing ETF is trading nearer its 52-week high, Illinois Tool Works Inc. nearer its low. Which is the better fit depends on your goals.
| ITW | SKYY | |
|---|---|---|
Market Cap | $83.49B | — |
Sector | Industrials | — |
52-Week High | $299.60 | $161.09 |
52-Week Low | $241.07 | $104.16 |
Enterprise Value | $92.34B | — |
Dividend Yield | 2.35% | — |
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 normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →