Microchip Technology Inc. vs Abrdn Physical Platinum Shares ETF — how do they compare? Microchip Technology Inc. trades at $83.3 (market cap $43.72B), while Abrdn Physical Platinum Shares ETF trades at $14.8. The key difference: Microchip Technology Inc. pays a 2.26% dividend while Abrdn Physical Platinum Shares ETF pays none, and Microchip Technology Inc. is trading nearer its 52-week high, Abrdn Physical Platinum Shares ETF nearer its low. Which is the better fit depends on your goals.
| MCHP | PPLT | |
|---|---|---|
Market Cap | $43.72B | — |
Sector | Technology | Commodities - Metals/Agriculture |
52-Week High | $102.97 | $25.23 |
52-Week Low | $49.02 | $11.78 |
Enterprise Value | $49.01B | — |
Dividend Yield | 2.26% | — |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →PPLT is a physically-backed ETF designed to track the spot price of platinum, less the Trust's expenses. It holds physical platinum bullion in secure vaults, providing investors with a liquid and cost-effective way to access the platinum market without the logistical challenges of direct ownership.
Read more on PPLT →