VanEck Australian Floating Rate ETF vs Alliant Energy Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Alliant Energy Corporation trades at $68.76 (market cap $17.78B). The key difference: Alliant Energy Corporation pays a 3.12% dividend while VanEck Australian Floating Rate ETF pays none, and VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Alliant Energy Corporation nearer its low. Which is the better fit depends on your goals.
| FLOT | LNT | |
|---|---|---|
Sector | Sector/Thematic | Utilities |
52-Week High | $51.09 | $78.03 |
52-Week Low | $50.72 | $63.62 |
Market Cap | — | $17.78B |
Enterprise Value | — | $29.88B |
Dividend Yield | — | 3.12% |
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 →Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 420,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
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