VanEck Australian Floating Rate ETF vs Kyndryl Holdings Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.97, while Kyndryl Holdings Inc trades at $11.91 (market cap $2.58B). The key difference: VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Kyndryl Holdings Inc nearer its low. Which is the better fit depends on your goals.
| FLOT | KD | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $51.09 | $39.47 |
52-Week Low | $50.72 | $10.59 |
Market Cap | — | $2.58B |
Enterprise Value | — | $4.92B |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
Kyndryl (KD) trades at $11.84, up 1.98% today, with a bearish technical signal and mixed earnings. Recent quarters show volatility with two misses, but 2025 marked a return to profitability with $252M net income. Cash flow improved to $236M, though revenue declined to $15.1B. The stock faces headwinds from legal investigations and internal control concerns highlighted in recent news.
Outlook: Attractive valuation metrics (P/E 13.79, EV/EBITDA 3.11) and analyst consensus target of $14.33 suggest 21% upside. Risks include ongoing legal scrutiny, revenue contraction, and high debt levels. Improved cash flow and partnerships with Microsoft/AWS support a cautious bullish case if execution stabilizes.
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 →Kyndryl Holdings Inc is a technology services and infrastructure services provider company. It provides advisory, implementation, and managed services across a range of technology domains to help customers manage and modernize enterprise IT environments in support of their business and transformation objectives.
Read more on KD →