VanEck Australian Floating Rate ETF vs Open Text Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Open Text Corporation trades at $23.98 (market cap $5.80B). The key difference: Open Text Corporation pays a 4.67% dividend while VanEck Australian Floating Rate ETF pays none, and VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Open Text Corporation nearer its low. Which is the better fit depends on your goals.
| FLOT | OTEX | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $51.09 | $39.69 |
52-Week Low | $50.72 | $20.01 |
Market Cap | — | $5.80B |
Enterprise Value | — | $10.81B |
Dividend Yield | — | 4.67% |
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 →Open Text Corporation is a global leader in Enterprise Information Management (EIM) software and solutions. The company provides a comprehensive platform that helps organizations manage, secure, and leverage their unstructured digital content, including documents, emails, and media files. OTEX's offerings span content management, business process management, customer experience management, and security, serving large enterprises across various industries worldwide.
Read more on OTEX →