MakeMyTrip Ltd vs State Street PDR S&P Retail ETF — how do they compare? MakeMyTrip Ltd trades at $44.73 (market cap $4.09B), while State Street PDR S&P Retail ETF trades at $84.09 (market cap $389.66M). The key difference: MakeMyTrip Ltd is far larger — about 10.5× State Street PDR S&P Retail ETF's market cap, and State Street PDR S&P Retail ETF is trading nearer its 52-week high, MakeMyTrip Ltd nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold MakeMyTrip Ltd for 12 Days and State Street PDR S&P Retail ETF for 45 Days on average.
| MMYT | XRT | |
|---|---|---|
Market Cap | $4.09B | $389.66M |
Volume | 1,828,010 | 4,275,820 |
Sector | Consumer Cyclical | Broad Market / Factor |
52-Week High | $92.25 | $92.35 |
52-Week Low | $36.30 | $77.28 |
Typical Hold Time | 12 Days | 45 Days |
Enterprise Value | $4.75B | — |
Signals from Pluang's Aura AI — not financial advice
MakeMyTrip (MMYT) trades at $43.53, up 0.28% today, with a bearish technical signal from moving averages but oversold RSI readings. The company reported mixed quarterly earnings, with a Q1 2026 beat and Q4 2025 and Q2 2026 misses. Revenue grew to $978.34M in 2025, but net income margin compressed to 3.23% in 2026. Analyst consensus is strongly bullish with a $77.00 price target, though institutional selling has been noted recently.
The outlook is bifurcated: strong analyst support and a potential Indian listing offer upside, but declining profitability, high P/E ratio, and bearish technicals pose risks. Investors face volatility from operational execution and travel industry cyclicality against a backdrop of Wall Street optimism.
XRT, the SPDR S&P Retail ETF, trades at $83.91, up 1.21% on the day. The technical outlook is mixed with a bullish overall signal but bearish moving averages and an overbought RSI_6 at 84.45. Recent retail sales data shows volatility, with August rebounding 1.2% after a July decline. The ETF's fundamentals are not detailed in the snapshot, but it tracks the retail sector, facing headwinds from inflation and interest rates.
The outlook for XRT is cautious. While holiday sales projections exceed $1 trillion, macroeconomic pressures and analyst skepticism suggest potential underperformance. Key risks include consumer sentiment shifts and oil price volatility. Investors should weigh sector exposure against broader market alternatives like IVV.
Trailing returns across standard periods
MakeMyTrip Ltd. is a leading online travel company in India, providing a comprehensive range of travel services and products, including air tickets, hotels, holiday packages, rail tickets, and bus tickets. The company operates its primary websites and mobile apps under the brands MakeMyTrip, Goibibo, and RedBus. MMYT serves as a key intermediary in India's fragmented travel market, leveraging its platform to offer convenience and competitive pricing to consumers and businesses.
Read more on MMYT →XRT is an equal-weighted ETF that tracks the U.S. retail sector. It provides diversified exposure to apparel, automotive, and online retailers, including well-known names like Amazon, Target, and Costco.
Read more on XRT →