Freeport-McMoRan Inc vs VanEck Australian Floating Rate ETF — how do they compare? Freeport-McMoRan Inc trades at $69.4 (market cap $96.42B), while VanEck Australian Floating Rate ETF trades at $50.93. The key difference: Freeport-McMoRan Inc pays a 0.87% dividend while VanEck Australian Floating Rate ETF pays none, and Freeport-McMoRan 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.
| FCX | FLOT | |
|---|---|---|
Market Cap | $96.42B | — |
Sector | Basic Materials | Sector/Thematic |
52-Week High | $71.73 | $51.09 |
52-Week Low | $35.34 | $50.72 |
Enterprise Value | $102.70B | — |
Dividend Yield | 0.87% | — |
Trailing returns across standard periods
Latest headlines on both assets
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →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 →