MGM Resorts International vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? MGM Resorts International trades at $46.57 (market cap $11.86B), while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $70.47. The key difference: MGM Resorts International pays a 0.03% dividend while Vanguard Tax Managed Fund FTSE Developed Markets ETF pays none. Which is the better fit depends on your goals.
| MGM | VEA | |
|---|---|---|
Market Cap | $11.86B | — |
Sector | Consumer Cyclical | — |
52-Week High | $50.69 | $72.39 |
52-Week Low | $30.72 | $56.02 |
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 employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Read more on VEA →