Live Nation Entertainment, Inc. vs Vanguard Intermediate Term Corporate Bond ETF — how do they compare? Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B), while Vanguard Intermediate Term Corporate Bond ETF trades at $81.18. The key difference: Live Nation Entertainment, Inc. is trading nearer its 52-week high, Vanguard Intermediate Term Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| LYV | VCIT | |
|---|---|---|
Market Cap | $42.71B | — |
Sector | Industrials | Fixed Income |
52-Week High | $186.59 | $84.82 |
52-Week Low | $125.61 | $81.07 |
Enterprise Value | $44.92B | — |
Trailing returns across standard periods
Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →VCIT tracks the Bloomberg U.S. 5-10 Year Corporate Bond Index, providing exposure to investment-grade debt from industrial, utility, and financial companies. It acts as a middle-ground bond fund, offering higher yields than short-term bonds with less price volatility than long-term corporate debt.
Read more on VCIT →