MPLX LP vs First Trust Cloud Computing ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while First Trust Cloud Computing ETF trades at $135.77. The key difference: MPLX LP pays a 7.54% dividend while First Trust Cloud Computing ETF pays none, and MPLX LP is trading nearer its 52-week high, First Trust Cloud Computing ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | SKYY | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | — |
52-Week High | $59.17 | $155.17 |
52-Week Low | $47.80 | $104.16 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →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 →