VanEck Australian Floating Rate ETF vs Medtronic PLC — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Medtronic PLC trades at $90.25 (market cap $116.07B). The key difference: Medtronic PLC pays a 3.18% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| FLOT | MDT | |
|---|---|---|
Sector | Sector/Thematic | Health |
52-Week High | $51.09 | $105.35 |
52-Week Low | $50.72 | $73.75 |
Market Cap | — | $116.07B |
Enterprise Value | — | $134.82B |
Dividend Yield | — | 3.18% |
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 →One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.
Read more on MDT →