VanEck Australian Floating Rate ETF vs H2O America — how do they compare? VanEck Australian Floating Rate ETF trades at $50.97, while H2O America trades at $63.74 (market cap $2.62B). The key difference: H2O America pays a 2.81% dividend while VanEck Australian Floating Rate ETF pays none, and H2O America is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| FLOT | HTO | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $51.09 | $62.94 |
52-Week Low | $50.72 | $44.44 |
Market Cap | — | $2.62B |
Enterprise Value | — | $4.34B |
Dividend Yield | — | 2.81% |
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HTO trades at $63.61, up 1.06% with strong technical momentum as moving averages signal bullish sentiment. The stock shows solid fundamentals with 12.87% net margins and consistent earnings beats in recent quarters. Recent corporate developments include a $0.44 dividend payment and new executive appointments, while analyst consensus remains strongly positive with 80% buy ratings.
The outlook remains favorable with management targeting 6-8% EPS growth through 2030, though the stock faces risks from execution of its $2.7 billion capex plan and regulatory pressures. Current valuation at 21.46 P/E appears reasonable given growth prospects, making HTO attractive for dividend-focused investors seeking stable utility exposure.
Trailing returns across standard periods
Latest headlines on both assets
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 →H2O America is a utility company that provides essential water and wastewater services, primarily in the United States. The company operates a network of regulated water and wastewater systems, focusing on responsible resource management and high-quality service delivery. HTO aims to expand its operational footprint through acquisitions and internal growth, serving residential, commercial, and industrial customers.
Read more on HTO →