Wipro Limited vs Utilities Select Sector SPDR Fund — how do they compare? Wipro Limited trades at $1.87 (market cap $18.49B), while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: Wipro Limited pays a 4.68% dividend while Utilities Select Sector SPDR Fund pays none, and Utilities Select Sector SPDR Fund is trading nearer its 52-week high, Wipro Limited nearer its low. Which is the better fit depends on your goals.
| WIT | XLU | |
|---|---|---|
Market Cap | $18.49B | — |
Sector | Technology | — |
52-Week High | $3.06 | $47.73 |
52-Week Low | $1.82 | $41.31 |
Enterprise Value | $16.42B | — |
Dividend Yield | 4.68% | — |
Trailing returns across standard periods
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
Read more on WIT →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: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
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