Compare VanEck Australian Floating Rate ETF (FLOT) vs CarMax, Inc (KMX) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
VanEck Australian Floating Rate ETF vs CarMax, Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.94 (market cap $11.24B), while CarMax, Inc trades at $53.05 (market cap $7.64B). The key difference: VanEck Australian Floating Rate ETF is the larger of the two by market cap, and CarMax, Inc is more actively traded (3,610,116 versus 1,872,962). Which is the better fit depends on your goals — on Pluang, investors hold VanEck Australian Floating Rate ETF for 21 Days and CarMax, Inc for 49 Days on average.
| FLOT | KMX | |
|---|---|---|
Market Cap | $11.24B | $7.64B |
Volume | 1,872,962 | 3,610,116 |
Sector | Fixed Income | Consumer Cyclical |
52-Week High | $51.07 | $64.22 |
52-Week Low | $50.72 | $30.88 |
Typical Hold Time | 21 Days | 49 Days |
Enterprise Value | — | $25.34B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
FLOT trades at $50.91 with minimal daily movement (-0.02%). Technical indicators show a bearish trend with moving averages signaling sell pressure, though oscillators remain neutral. Recent dividend distributions of $0.17-$0.18 highlight income generation. The ETF benefits from floating rate exposure amid Fed tightening cycles, though concentration risk in bank holdings (47% exposure) warrants attention.
Outlook remains tied to interest rate trajectory, with FLOT positioned to benefit from higher rates. Key risks include bank sector concentration and Fed policy shifts. The current technical weakness suggests cautious near-term momentum despite the floating rate advantage in rising rate environments.
CarMax (KMX) trades at $53.28, down 3.64% amid bearish technical signals despite recent earnings beats. The stock shows mixed fundamentals with strong revenue growth (Q2 2026 revenue up 19.5% to $7.9B) but thin net margins (1.06%). Analyst consensus leans cautious with 62% hold ratings, though price targets suggest 10.5% upside to $58.89. Recent leadership appointments and strategic updates signal management's focus on growth execution.
Outlook hinges on CarMax's ability to sustain unit sales momentum while improving profitability. The stock offers value appeal (P/S 0.28) but faces execution risks from high debt ($18.1B long-term) and competitive pressures. Near-term catalysts include November's strategic webcast and Q3 earnings.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About VanEck Australian Floating Rate ETF
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 →About CarMax, Inc
CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue between $33 billion to $45 billion by fiscal 2026. CarMax is based in Richmond, Virginia.
Read more on KMX →
