AMETEK, Inc. vs State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $58.76B), while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77. The key difference: AMETEK, Inc. pays a 0.53% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and AMETEK, Inc. is trading nearer its 52-week high, State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF nearer its low. Which is the better fit depends on your goals.
| AME | FLRN | |
|---|---|---|
Market Cap | $58.76B | — |
Sector | Industrials | Sector/Thematic |
52-Week High | $256.30 | $30.86 |
52-Week Low | $179.28 | $30.65 |
Enterprise Value | $60.30B | — |
Dividend Yield | 0.53% | — |
Trailing returns across standard periods
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →