Royal Bank of Canada vs Materials Select Sector SPDR Fund — how do they compare? Royal Bank of Canada trades at $210.44 (market cap $292.32B), while Materials Select Sector SPDR Fund trades at $53.25. The key difference: Royal Bank of Canada pays a 2.37% dividend while Materials Select Sector SPDR Fund pays none. Which is the better fit depends on your goals.
| RY | XLB | |
|---|---|---|
Market Cap | $292.32B | — |
Sector | Financials | — |
52-Week High | $217.87 | $53.62 |
52-Week Low | $134.80 | $42.23 |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
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 →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.
Read more on XLB →