M&T Bank Corporation vs Materials Select Sector SPDR Fund — how do they compare? M&T Bank Corporation trades at $248.99 (market cap $36.15B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: M&T Bank Corporation pays a 2.41% dividend while Materials Select Sector SPDR Fund pays none, and M&T Bank Corporation is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| MTB | XLB | |
|---|---|---|
Market Cap | $36.15B | — |
Sector | Financials | — |
52-Week High | $254.04 | $53.62 |
52-Week Low | $178.63 | $42.23 |
Dividend Yield | 2.41% | — |
Trailing returns across standard periods
Latest headlines on both assets
M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
Read more on MTB →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: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
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