Air Products & Chemicals, Inc. vs VanEck Australian Floating Rate ETF — how do they compare? Air Products & Chemicals, Inc. trades at $308.56 (market cap $68.88B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: Air Products & Chemicals, Inc. pays a 2.34% dividend while VanEck Australian Floating Rate ETF pays none, and Air Products & Chemicals, Inc. is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| APD | FLOT | |
|---|---|---|
Market Cap | $68.88B | — |
Sector | Basic Materials | Sector/Thematic |
52-Week High | $314.19 | $51.09 |
52-Week Low | $230.42 | $50.72 |
Enterprise Value | $86.06B | — |
Dividend Yield | 2.34% | — |
Trailing returns across standard periods
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the largest supplier of hydrogen and helium in the world. It has a unique portfolio serving customers in a number of industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated $10.3 billion in revenue in fiscal 2021.
Read more on APD →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 →