NetApp Inc. vs Invesco Preferred ETF — how do they compare? NetApp Inc. trades at $161.2 (market cap $31.57B), while Invesco Preferred ETF trades at $10.79. The key difference: NetApp Inc. pays a 1.29% dividend while Invesco Preferred ETF pays none, and NetApp Inc. is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| NTAP | PGX | |
|---|---|---|
Market Cap | $31.57B | — |
Sector | Technology | — |
52-Week High | $181.08 | $11.87 |
52-Week Low | $94.11 | $10.81 |
Enterprise Value | $30.72B | — |
Dividend Yield | 1.29% | — |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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