VanEck Australian Floating Rate ETF vs Shell PLC — how do they compare? VanEck Australian Floating Rate ETF trades at $50.97, while Shell PLC trades at $85.03 (market cap $228.96B). The key difference: Shell PLC pays a 3.69% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| FLOT | SHEL | |
|---|---|---|
Sector | Sector/Thematic | Energy |
52-Week High | $51.09 | $94.15 |
52-Week Low | $50.72 | $70.28 |
Market Cap | — | $228.96B |
Enterprise Value | — | $281.49B |
Dividend Yield | — | 3.69% |
Signals from Pluang's Aura AI — not financial advice
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Shell (SHEL) trades at $85.43, up 1.21% today, with a bullish technical signal from moving averages but overbought RSI readings. The stock shows strong valuation metrics with a P/E of 13.18 and P/S of 0.93, supported by recent earnings beats and a 7.01% net income margin. Recent news highlights strategic moves including the ARC Resources acquisition and Venezuela gas field development, while cash flow trends indicate operational strength despite net outflows.
Outlook remains positive with a consensus price target of $122.20, reflecting 43% upside potential, driven by robust gas trading and refining margins. Key risks include Middle East production disruptions and volatile oil prices, but analyst sentiment is strongly bullish with 69% buy ratings. The dividend yield and debt reduction efforts provide additional shareholder value support.
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 →Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 1.7 million barrels of liquids and 8.7 billion cubic feet of natural gas per day. At year-end 2021, reserves stood at 9.2 billion barrels of oil equivalent, 50% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.8 mmb/d located in the Americas, Asia, Africa, and Europe and sells 15 mtpa of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.
Read more on SHEL →