VanEck Australian Floating Rate ETF vs Nucor Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Nucor Corporation trades at $271.95 (market cap $61.93B). The key difference: Nucor Corporation pays a 0.82% dividend while VanEck Australian Floating Rate ETF pays none, and Nucor 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 | NUE | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $51.09 | $274.74 |
52-Week Low | $50.72 | $131.78 |
Market Cap | — | $61.93B |
Enterprise Value | — | $66.34B |
Dividend Yield | — | 0.82% |
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 →Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Read more on NUE →