Microchip Technology Inc. vs State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF — how do they compare? Microchip Technology Inc. trades at $83.3 (market cap $43.72B), while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9. The key difference: Microchip Technology Inc. pays a 2.26% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and Microchip Technology Inc. is trading nearer its 52-week high, State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF nearer its low. Which is the better fit depends on your goals.
| MCHP | SJNK | |
|---|---|---|
Market Cap | $43.72B | — |
Sector | Technology | Sector/Thematic |
52-Week High | $102.97 | $25.63 |
52-Week Low | $49.02 | $24.75 |
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 →SJNK invests in U.S. dollar-denominated high-yield corporate bonds with short-term maturities (under five years). It offers higher yields than investment-grade funds but with less interest rate sensitivity than longer-term junk bond ETFs.
Read more on SJNK →