Royal Bank of Canada vs Vanguard Information Technology Index Fund ETF — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Vanguard Information Technology Index Fund ETF trades at $116. The key difference: Royal Bank of Canada pays a 2.42% dividend while Vanguard Information Technology Index Fund ETF pays none, and Royal Bank of Canada is trading nearer its 52-week high, Vanguard Information Technology Index Fund ETF nearer its low. Which is the better fit depends on your goals.
| RY | VGT | |
|---|---|---|
Market Cap | $289.51B | — |
Sector | Financials | — |
52-Week High | $217.87 | $125.77 |
52-Week Low | $128.46 | $83.59 |
Dividend Yield | 2.42% | — |
Trailing returns across standard periods
Latest headlines on both assets
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →