VanEck Australian Floating Rate ETF vs Lennar Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.98, while Lennar Corporation trades at $86.54 (market cap $20.49B). The key difference: Lennar Corporation pays a 2.34% dividend while VanEck Australian Floating Rate ETF pays none, and VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Lennar Corporation nearer its low. Which is the better fit depends on your goals.
| FLOT | LEN | |
|---|---|---|
Sector | Sector/Thematic | Consumer Cyclical |
52-Week High | $51.09 | $142.40 |
52-Week Low | $50.72 | $82.30 |
Market Cap | — | $20.49B |
Enterprise Value | — | $24.37B |
Dividend Yield | — | 2.34% |
Trailing returns across standard periods
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 →Lennar is the second-largest public homebuilder in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
Read more on LEN →