VanEck Australian Floating Rate ETF vs Waste Management, Inc. — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Waste Management, Inc. trades at $226.76 (market cap $90.68B). The key difference: Waste Management, Inc. pays a 1.56% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| FLOT | WM | |
|---|---|---|
Sector | Sector/Thematic | Industrials |
52-Week High | $51.09 | $246.51 |
52-Week Low | $50.72 | $196.77 |
Market Cap | — | $90.68B |
Enterprise Value | — | $113.47B |
Dividend Yield | — | 1.56% |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
WM trades at $226.6, down 0.47% over 24 hours, with a bullish technical signal and support near $226. The stock shows strong profitability with a 40.6% gross margin and 11.12% net margin, though its P/E of 59.74 is elevated. Recent Q2 2026 earnings beat expectations at $2.02 per share, and analyst consensus is a buy with a $263.43 price target. Cash flow from operations grew to $6.04B in 2025, but net cash flow was negative $190M due to investments.
Outlook is positive with revenue growth and margin stability, but risks include high valuation and debt levels. The stock offers upside to the consensus target, supported by institutional confidence and consistent earnings beats, though investors should monitor volume trends and interest rate impacts on borrowing costs.
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 →Waste Management ranks as the largest integrated provider of traditional solid waste services in the United States, operating approximately 260 active landfills and about 340 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Read more on WM →