LYFT Inc vs Materials Select Sector SPDR Fund — how do they compare? LYFT Inc trades at $15.22 (market cap $5.86B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Materials Select Sector SPDR Fund is trading nearer its 52-week high, LYFT Inc nearer its low. Which is the better fit depends on your goals.
| LYFT | XLB | |
|---|---|---|
Market Cap | $5.86B | — |
Sector | Industrials | — |
52-Week High | $24.57 | $53.62 |
52-Week Low | $12.65 | $42.23 |
Enterprise Value | $5.39B | — |
Trailing returns across standard periods
Latest headlines on both assets
Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →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.
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