Microchip Technology Inc. vs First Trust Cloud Computing ETF — how do they compare? Microchip Technology Inc. trades at $83.25 (market cap $43.72B), while First Trust Cloud Computing ETF trades at $135.77. The key difference: Microchip Technology Inc. pays a 2.26% dividend while First Trust Cloud Computing ETF pays none. Which is the better fit depends on your goals.
| MCHP | SKYY | |
|---|---|---|
Market Cap | $43.72B | — |
Sector | Technology | — |
52-Week High | $102.97 | $155.17 |
52-Week Low | $49.02 | $104.16 |
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 →The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →