Compare Albemarle Corp. (ALB) vs VanEck Australian Floating Rate ETF (FLOT) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Albemarle Corp. vs VanEck Australian Floating Rate ETF — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: Albemarle Corp. pays a 1.27% dividend while VanEck Australian Floating Rate ETF pays none, and VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Albemarle Corp. nearer its low. Which is the better fit depends on your goals.
| ALB | FLOT | |
|---|---|---|
Market Cap | $15.27B | — |
Sector | Basic Materials | Sector/Thematic |
52-Week High | $215.62 | $51.09 |
52-Week Low | $72.58 | $50.72 |
Enterprise Value | $17.75B | — |
Dividend Yield | 1.27% | — |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Albemarle Corp.
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →About VanEck Australian Floating Rate ETF
FLOT provides exposure to a diversified portfolio of Australian dollar-denominated floating rate notes. It tracks the Bloomberg AusBond Credit FRN 0+ Yr Index, focusing on high-quality, investment-grade bonds from top Australian banks and financial institutions.
Read more on FLOT →
