MGM Resorts International vs First Trust Cloud Computing ETF — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while First Trust Cloud Computing ETF trades at $135.77. The key difference: MGM Resorts International pays a 0.03% dividend while First Trust Cloud Computing ETF pays none, and MGM Resorts International is trading nearer its 52-week high, First Trust Cloud Computing ETF nearer its low. Which is the better fit depends on your goals.
| MGM | SKYY | |
|---|---|---|
Market Cap | $11.86B | — |
Sector | Consumer Cyclical | — |
52-Week High | $50.69 | $155.17 |
52-Week Low | $30.72 | $104.16 |
Enterprise Value | $40.90B | — |
Dividend Yield | 0.03% | — |
Trailing returns across standard periods
Latest headlines on both assets
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →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 →