VanEck Australian Floating Rate ETF vs Tenet Healthcare Corporation — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Tenet Healthcare Corporation trades at $258.21 (market cap $20.89B). The key difference: Tenet Healthcare 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 | THC | |
|---|---|---|
Sector | Sector/Thematic | Health |
52-Week High | $51.09 | $262.63 |
52-Week Low | $50.72 | $161.37 |
Market Cap | — | $20.89B |
Enterprise Value | — | $31.97B |
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 →Tenet Healthcare is a leading diversified healthcare services company that has strategically pivoted toward high-growth ambulatory care. Operating through United Surgical Partners International (USPI), the largest ambulatory platform in the U.S., Tenet manages an expansive network of surgical centers, acute care hospitals, and specialty facilities. The company’s focus on high-acuity services and operational efficiency, supported by its revenue cycle management subsidiary Conifer Health Solutions, positions it as a resilient leader in the evolving U.S. healthcare landscape.
Read more on THC →