Monster Beverage Corp vs Invesco Preferred ETF — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Invesco Preferred ETF trades at $10.79. The key difference: Monster Beverage Corp is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| MNST | PGX | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | — |
52-Week High | $99.94 | $11.87 |
52-Week Low | $58.75 | $10.81 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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