Marqeta Inc vs Energy Select Sector SPDR Fund — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Energy Select Sector SPDR Fund trades at $58.46. The key difference: Energy Select Sector SPDR Fund is trading nearer its 52-week high, Marqeta Inc nearer its low. Which is the better fit depends on your goals.
| MQ | XLE | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | — |
52-Week High | $27.32 | $62.57 |
52-Week Low | $15.04 | $42.12 |
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 →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 companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
Read more on XLE →