Illinois Tool Works Inc. vs Materials Select Sector SPDR Fund — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Illinois Tool Works Inc. pays a 2.37% dividend while Materials Select Sector SPDR Fund pays none, and Materials Select Sector SPDR Fund is trading nearer its 52-week high, Illinois Tool Works Inc. nearer its low. Which is the better fit depends on your goals.
| ITW | XLB | |
|---|---|---|
Market Cap | $78.17B | — |
Sector | Industrials | — |
52-Week High | $299.60 | $53.62 |
52-Week Low | $241.07 | $42.23 |
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 →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 securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →