VanEck Australian Floating Rate ETF vs Wheaton Precious Metals Corp — how do they compare? VanEck Australian Floating Rate ETF trades at $50.93, while Wheaton Precious Metals Corp trades at $138.09 (market cap $60.94B). The key difference: Wheaton Precious Metals Corp pays a 0.58% dividend while VanEck Australian Floating Rate ETF pays none. Which is the better fit depends on your goals.
| FLOT | WPM | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $51.09 | $165.72 |
52-Week Low | $50.72 | $91.02 |
Market Cap | — | $60.94B |
Enterprise Value | — | $62.82B |
Dividend Yield | — | 0.58% |
Signals from Pluang's Aura AI — not financial advice
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Wheaton Precious Metals (WPM) trades at $133.39, down 0.6% for the day, with a bullish technical signal driven by moving averages despite overbought RSI readings. The company reported strong Q2 2026 earnings, beating estimates with EPS of $1.19, supported by higher metal prices and sales volumes. Revenue surged to $2.31 billion in 2025, with net income reaching $1.47 billion, reflecting robust profitability margins.
The outlook remains positive with an 80% analyst buy rating and a $161.75 consensus price target, indicating ~21% upside. Key risks include reliance on commodity prices and projected negative cash flow in 2026. The stock's premium valuation (P/E 29.82) requires sustained earnings growth to justify further gains.
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →