ARMOUR Residential REIT, Inc. vs VanEck Australian Floating Rate ETF — how do they compare? ARMOUR Residential REIT, Inc. trades at $16.72 (market cap $2.07B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: ARMOUR Residential REIT, Inc. pays a 17.28% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| ARR | FLOT | |
|---|---|---|
Market Cap | $2.07B | — |
Sector | Financials | Sector/Thematic |
52-Week High | $19.12 | $51.09 |
52-Week Low | $14.05 | $50.72 |
Dividend Yield | 17.28% | — |
Trailing returns across standard periods
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Read more on ARR →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 →