Marqeta Inc vs Vanguard Information Technology Index Fund ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Vanguard Information Technology Index Fund ETF trades at $115.93. The key difference: Vanguard Information Technology Index Fund ETF is trading nearer its 52-week high, Marqeta Inc nearer its low. Which is the better fit depends on your goals.
| MQ | VGT | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | — |
52-Week High | $27.32 | $125.77 |
52-Week Low | $15.04 | $83.59 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Latest headlines on both assets
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →