Marqeta Inc vs Health Care Select Sector SPDR Fund — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Health Care Select Sector SPDR Fund trades at $160.31. The key difference: Health Care 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 | XLV | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | — |
52-Week High | $27.32 | $164.48 |
52-Week Low | $15.04 | $129.01 |
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 from the following industries: pharmaceuticals; health care equipment & supplies; health care providers & services; biotechnology; life sciences tools & services; and health care technology. The fund is non-diversified.
Read more on XLV →