Lithium Americas Corp vs Utilities Select Sector SPDR Fund — how do they compare? Lithium Americas Corp trades at $3.07 (market cap $1.01B), while Utilities Select Sector SPDR Fund trades at $44.97. The key difference: Utilities Select Sector SPDR Fund is trading nearer its 52-week high, Lithium Americas Corp nearer its low. Which is the better fit depends on your goals.
| LAC | XLU | |
|---|---|---|
Market Cap | $1.01B | — |
Sector | Basic Materials | — |
52-Week High | $10.05 | $47.73 |
52-Week Low | $2.55 | $41.31 |
Enterprise Value | $1.13B | — |
Trailing returns across standard periods
Lithium Americas is a resource company focused on developing the Thacker Pass project in Nevada, the largest known lithium resource in the US. It aims to become a major supplier for the electric vehicle battery market.
Read more on LAC →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: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →