Bank of Nova Scotia vs VanEck Australian Floating Rate ETF — how do they compare? Bank of Nova Scotia trades at $89.03 (market cap $108.32B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: Bank of Nova Scotia pays a 3.64% dividend while VanEck Australian Floating Rate ETF pays none, and Bank of Nova Scotia is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| BNS | FLOT | |
|---|---|---|
Market Cap | $108.32B | — |
Sector | Financials | Sector/Thematic |
52-Week High | $90.29 | $51.09 |
52-Week Low | $56.41 | $50.72 |
Dividend Yield | 3.64% | — |
Trailing returns across standard periods
Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.
Read more on BNS →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 →