VanEck Australian Floating Rate ETF vs MasTec Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.97, while MasTec Inc trades at $337.54 (market cap $28.27B). Which is the better fit depends on your goals.
| FLOT | MTZ | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $51.09 | $437.51 |
52-Week Low | $50.72 | $172.51 |
Market Cap | — | $28.27B |
Enterprise Value | — | $31.01B |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
MasTec (MTZ) trades at $343.18, down 6% in the last session, amid a bearish technical signal. The stock shows strong fundamentals with Q1 2026 earnings beating estimates by 40.6% and a record $20.3 billion backlog. Recent news highlights a $1.65 billion acquisition of The Superior Group to expand AI data center infrastructure capabilities, driving investor optimism despite near-term price weakness.
Outlook remains positive with 88.9% analyst buy ratings and a $481.77 consensus target implying 40% upside. Key risks include execution of large acquisitions and integration challenges, while growth is supported by infrastructure spending trends in power, data centers, and clean energy.
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 →MasTec, Inc. is a leading infrastructure construction company operating mainly in North America. The company's services cover a diverse range of end-markets, including communications (building fiber and wireless infrastructure), oil & gas, electric power (transmission, distribution, and clean energy), and industrial projects. MTZ provides critical engineering, procurement, and construction (EPC) services that support the expansion and maintenance of essential infrastructure across the continent.
Read more on MTZ →