iShares MBS ETF vs Otis Worldwide Corp — how do they compare? iShares MBS ETF trades at $92.85, while Otis Worldwide Corp trades at $73.25 (market cap $27.80B). The key difference: Otis Worldwide Corp pays a 2.41% dividend while iShares MBS ETF pays none, and Otis Worldwide Corp is trading nearer its 52-week high, iShares MBS ETF nearer its low. Which is the better fit depends on your goals.
| MBB | OTIS | |
|---|---|---|
52-Week High | $96.91 | $93.62 |
52-Week Low | $92.72 | $69.34 |
Market Cap | — | $27.80B |
Sector | — | Industrials |
Enterprise Value | — | $35.84B |
Dividend Yield | — | 2.41% |
Trailing returns across standard periods
The fund will invest at least 80% of its assets in the component securities of the underlying index and TBAs that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the index, and the fund will invest at least 90% of its assets in fixed income securities included in the underlying index that advisor believes will help the fund track the index.
Read more on MBB →Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →