Compare State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF (FLRN) vs Royal Bank of Canada (RY) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Royal Bank of Canada — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77 (market cap $3.06B), while Royal Bank of Canada trades at $191.91 (market cap $262.99B). The key difference: Royal Bank of Canada is far larger — about 85.9× State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF's market cap, and Royal Bank of Canada pays a 2.66% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF for 16 Days and Royal Bank of Canada for 47 Days on average.
| FLRN | RY | |
|---|---|---|
Market Cap | $3.06B | $262.99B |
Volume | 6,296,473 | 1,016,377 |
Sector | Fixed Income | Financials |
52-Week High | $30.86 | $217.87 |
52-Week Low | $30.65 | $143.64 |
Typical Hold Time | 16 Days | 47 Days |
Enterprise Value | — | $730.11B |
Dividend Yield | — | 2.66% |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
FLRN (SPDR Bloomberg Investment Grade Floating Rate ETF) trades at $30.77 with minimal daily movement (+0.07%). Technical indicators show a bearish trend with moving averages signaling sell pressure, though oscillators remain neutral. The ETF maintains consistent quarterly dividends of $0.11, with recent institutional buying interest from Concurrent Investment Advisors. Current market focus centers on floating rate bonds' performance amid rising interest rate expectations.
FLRN offers exposure to investment-grade floating rate bonds with near-zero duration, positioning it as a potential hedge against rate hikes. Key risks include concentrated financial sector exposure and sensitivity to credit spread changes. The ETF's structure provides income stability but faces headwinds from potential economic slowdowns affecting corporate bond markets.
Royal Bank of Canada (RY) trades at $190.56, down 0.35% on the day, amid a bearish technical signal but strong fundamental performance. The stock has consistently beaten earnings estimates in recent quarters, with Q2 2026 EPS of $3.07 surpassing the $2.89 expectation. Revenue and net income have shown steady growth, with 2025 revenue reaching $66.53 billion and net income at $20.36 billion. Analyst sentiment is mixed, with a Buy consensus of 43% but technical indicators pointing to near-term pressure.
The outlook for RY is balanced between solid fundamentals and technical headwinds. Earnings growth and a robust 17.2% ROE support long-term value, but the stock faces resistance near $192 with bearish moving averages. Key risks include stretched valuations relative to peers and sensitivity to interest rate changes. Institutional activity remains positive, with recent acquisitions noted in filings.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
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About State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF
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 →About Royal Bank of Canada
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →
