Verisign, Inc. vs Consumer Staples Select Sector SPDR Fund — how do they compare? Verisign, Inc. trades at $277.5 (market cap $25.26B), while Consumer Staples Select Sector SPDR Fund trades at $83.97. The key difference: Verisign, Inc. pays a 1.17% dividend while Consumer Staples Select Sector SPDR Fund pays none. Which is the better fit depends on your goals.
| VRSN | XLP | |
|---|---|---|
Market Cap | $25.26B | — |
Sector | Technology | — |
52-Week High | $310.00 | $90.00 |
52-Week Low | $211.49 | $75.61 |
Enterprise Value | $26.50B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical Internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.
Read more on VRSN →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 companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
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