Oxford Lane Capital Corp vs First Trust Cloud Computing ETF — how do they compare? Oxford Lane Capital Corp trades at $8.85 (market cap $861.22M), while First Trust Cloud Computing ETF trades at $133.07. The key difference: Oxford Lane Capital Corp pays a 27.21% dividend while First Trust Cloud Computing ETF pays none, and First Trust Cloud Computing ETF is trading nearer its 52-week high, Oxford Lane Capital Corp nearer its low. Which is the better fit depends on your goals.
| OXLC | SKYY | |
|---|---|---|
Market Cap | $861.22M | — |
Sector | Financials | — |
52-Week High | $19.90 | $155.17 |
52-Week Low | $8.15 | $104.16 |
Dividend Yield | 27.21% | — |
Trailing returns across standard periods
Latest headlines on both assets
Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →