MPLX LP vs Utilities Select Sector SPDR Fund — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: MPLX LP pays a 7.54% dividend while Utilities Select Sector SPDR Fund pays none, and MPLX LP is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| MPLX | XLU | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | — |
52-Week High | $59.17 | $47.73 |
52-Week Low | $47.80 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →