VanEck Australian Floating Rate ETF vs Toyota Motor Corp — how do they compare? VanEck Australian Floating Rate ETF trades at $50.97, while Toyota Motor Corp trades at $179 (market cap $210.48B). The key difference: Toyota Motor Corp pays a 3.54% dividend while VanEck Australian Floating Rate ETF pays none, and VanEck Australian Floating Rate ETF is trading nearer its 52-week high, Toyota Motor Corp nearer its low. Which is the better fit depends on your goals.
| FLOT | TM | |
|---|---|---|
Sector | Sector/Thematic | Consumer Cyclical |
52-Week High | $51.09 | $248.29 |
52-Week Low | $50.72 | $166.50 |
Market Cap | — | $210.48B |
Enterprise Value | — | $374.67B |
Dividend Yield | — | 3.54% |
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 →Founded in 1937, Toyota is one of the world's largest automakers with 10.38 million units sold at retail in fiscal 2022 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino.
Read more on TM →