Microchip Technology Inc. vs Energy Select Sector SPDR Fund — how do they compare? Microchip Technology Inc. trades at $83.25 (market cap $43.72B), while Energy Select Sector SPDR Fund trades at $58.46. The key difference: Microchip Technology Inc. pays a 2.26% dividend while Energy Select Sector SPDR Fund pays none, and Energy Select Sector SPDR Fund is trading nearer its 52-week high, Microchip Technology Inc. nearer its low. Which is the better fit depends on your goals.
| MCHP | XLE | |
|---|---|---|
Market Cap | $43.72B | — |
Sector | Technology | — |
52-Week High | $102.97 | $62.57 |
52-Week Low | $49.02 | $42.12 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
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