Equinor ASA vs VanEck Australian Floating Rate ETF — how do they compare? Equinor ASA trades at $40.93 (market cap $97.58B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: Equinor ASA pays a 3.81% dividend while VanEck Australian Floating Rate ETF pays none, and Equinor ASA is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| EQNR | FLOT | |
|---|---|---|
Market Cap | $97.58B | — |
Sector | Energy | Sector/Thematic |
52-Week High | $42.40 | $51.09 |
52-Week Low | $22.41 | $50.72 |
Enterprise Value | $106.28B | — |
Dividend Yield | 3.81% | — |
Trailing returns across standard periods
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2021 (52% oil) and ended the year with 5.4 billion barrels of proven reserves (49% oil). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.
Read more on EQNR →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 →