Thomson Reuters Corp vs Materials Select Sector SPDR Fund — how do they compare? Thomson Reuters Corp trades at $91.04 (market cap $41.28B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Thomson Reuters Corp pays a 2.75% dividend while Materials Select Sector SPDR Fund pays none, and Materials Select Sector SPDR Fund is trading nearer its 52-week high, Thomson Reuters Corp nearer its low. Which is the better fit depends on your goals.
| TRI | XLB | |
|---|---|---|
Market Cap | $41.28B | — |
Sector | Industrials | — |
52-Week High | $205.54 | $53.62 |
52-Week Low | $76.55 | $42.23 |
Enterprise Value | $43.24B | — |
Dividend Yield | 2.75% | — |
Trailing returns across standard periods
Latest headlines on both assets
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →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.
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