Manulife Financial Corporation vs Materials Select Sector SPDR Fund — how do they compare? Manulife Financial Corporation trades at $42.51 (market cap $69.96B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Manulife Financial Corporation pays a 3.14% dividend while Materials Select Sector SPDR Fund pays none, and Manulife Financial Corporation is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| MFC | XLB | |
|---|---|---|
Market Cap | $69.96B | — |
Sector | Financials | — |
52-Week High | $43.39 | $53.62 |
52-Week Low | $29.90 | $42.23 |
Enterprise Value | $66.52B | — |
Dividend Yield | 3.14% | — |
Trailing returns across standard periods
Latest headlines on both assets
Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.
Read more on MFC →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 securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
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