State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Vanguard Mega Cap Growth ETF — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while Vanguard Mega Cap Growth ETF trades at $90.25. The key difference: Vanguard Mega Cap Growth ETF is trading nearer its 52-week high, State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF nearer its low. Which is the better fit depends on your goals.
| FLRN | MGK | |
|---|---|---|
Sector | Sector/Thematic | Broad Market / Factor |
52-Week High | $30.86 | $92.06 |
52-Week Low | $30.65 | $70.70 |
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 →MGK is an ETF that seeks to track the performance of the CRSP US Mega Cap Growth Index. It provides a low-cost, diversified exposure to the largest growth companies in the U.S. stock market. The fund is composed of mega-cap stocks that exhibit key growth factors, including high expected long-term earnings growth, high historical sales and earnings growth, and high return on assets. MGK is typically used by investors seeking long-term capital appreciation from market-leading firms.
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