Wheaton Precious Metals Corp vs Utilities Select Sector SPDR Fund — how do they compare? Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B), while Utilities Select Sector SPDR Fund trades at $44.86. The key difference: Wheaton Precious Metals Corp pays a 0.75% dividend while Utilities Select Sector SPDR Fund pays none, and Utilities Select Sector SPDR Fund is trading nearer its 52-week high, Wheaton Precious Metals Corp nearer its low. Which is the better fit depends on your goals.
| WPM | XLU | |
|---|---|---|
Market Cap | $46.54B | — |
Sector | Basic Materials | — |
52-Week High | $165.72 | $47.73 |
52-Week Low | $91.00 | $41.31 |
Enterprise Value | $44.39B | — |
Dividend Yield | 0.75% | — |
Trailing returns across standard periods
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →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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