Invesco Ltd. vs Materials Select Sector SPDR Fund — how do they compare? Invesco Ltd. trades at $29.68 (market cap $13.15B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Invesco Ltd. pays a 2.9% dividend while Materials Select Sector SPDR Fund pays none, and Invesco Ltd. is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| IVZ | XLB | |
|---|---|---|
Market Cap | $13.15B | — |
Sector | Financials | — |
52-Week High | $30.30 | $53.62 |
52-Week Low | $20.20 | $42.23 |
Enterprise Value | $23.39B | — |
Dividend Yield | 2.9% | — |
Trailing returns across standard periods
Latest headlines on both assets
Invesco provides investment-management services to retail (65% of managed assets) and institutional (35%) clients. At the end of August 2022, the firm had $1.416 trillion in assets under management spread among its equity (47% of AUM), balanced (5%), fixed-income (22%), alternative investment (14%), and money market (12%) operations. Passive products account for 32% of Invesco's total AUM, including 56% of the company's equity operations and 13% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).
Read more on IVZ →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 →