VanEck Australian Floating Rate ETF vs Newmont Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Newmont Corporation trades at $118.98 (market cap $123.50B). The key difference: Newmont Corporation pays a 0.89% dividend while VanEck Australian Floating Rate ETF pays none, and Newmont Corporation is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| FLOT | NEM | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $51.09 | $131.95 |
52-Week Low | $50.72 | $67.38 |
Market Cap | — | $123.50B |
Enterprise Value | — | $120.09B |
Dividend Yield | — | 0.89% |
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 →Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →