State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs LyondellBasell Industries NV — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.8, while LyondellBasell Industries NV trades at $58.44 (market cap $18.72B). The key difference: LyondellBasell Industries NV pays a 7.1% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF is trading nearer its 52-week high, LyondellBasell Industries NV nearer its low. Which is the better fit depends on your goals.
| FLRN | LYB | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $30.86 | $82.38 |
52-Week Low | $30.65 | $42.28 |
Market Cap | — | $18.72B |
Enterprise Value | — | $30.34B |
Dividend Yield | — | 7.1% |
Trailing returns across standard periods
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world's largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company's revenue is derived from product sales.
Read more on LYB →