T Rowe Price Group Inc vs Materials Select Sector SPDR Fund — how do they compare? T Rowe Price Group Inc trades at $116.99 (market cap $24.26B), while Materials Select Sector SPDR Fund trades at $53.29. The key difference: T Rowe Price Group Inc pays a 4.57% dividend while Materials Select Sector SPDR Fund pays none, and Materials Select Sector SPDR Fund is trading nearer its 52-week high, T Rowe Price Group Inc nearer its low. Which is the better fit depends on your goals.
| TROW | XLB | |
|---|---|---|
Market Cap | $24.26B | — |
Sector | Financials | — |
52-Week High | $121.68 | $53.62 |
52-Week Low | $86.19 | $42.23 |
Enterprise Value | $21.46B | — |
Dividend Yield | 4.57% | — |
Trailing returns across standard periods
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
Read more on TROW →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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