Nutrien Ltd vs iShares TIPS Bond ETF — how do they compare? Nutrien Ltd trades at $66.8 (market cap $31.67B), while iShares TIPS Bond ETF trades at $107.93. The key difference: Nutrien Ltd pays a 3.3% dividend while iShares TIPS Bond ETF pays none, and Nutrien Ltd is trading nearer its 52-week high, iShares TIPS Bond ETF nearer its low. Which is the better fit depends on your goals.
| NTR | TIP | |
|---|---|---|
Market Cap | $31.67B | — |
Sector | Basic Materials | Fixed Income |
52-Week High | $83.94 | $112.20 |
52-Week Low | $53.64 | $107.91 |
Enterprise Value | $44.84B | — |
Dividend Yield | 3.3% | — |
Trailing returns across standard periods
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Read more on NTR →TIP is the flagship ETF for U.S. Treasury Inflation-Protected Securities (TIPS). It tracks an index of government bonds whose principal value adjusts based on the Consumer Price Index (CPI), providing a direct hedge against rising inflation.
Read more on TIP →