Bank of Montreal vs VanEck Australian Floating Rate ETF — how do they compare? Bank of Montreal trades at $180.98 (market cap $124.81B), while VanEck Australian Floating Rate ETF trades at $50.97. The key difference: Bank of Montreal pays a 2.77% dividend while VanEck Australian Floating Rate ETF pays none, and Bank of Montreal is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| BMO | FLOT | |
|---|---|---|
Market Cap | $124.81B | — |
Sector | Financials | Sector/Thematic |
52-Week High | $180.86 | $51.09 |
52-Week Low | $110.44 | $50.72 |
Dividend Yield | 2.77% | — |
Trailing returns across standard periods
Latest headlines on both assets
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.
Read more on BMO →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 →