State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Southern Copper Corp — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while Southern Copper Corp trades at $197 (market cap $164.21B). The key difference: Southern Copper Corp pays a 2.26% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and Southern Copper Corp 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 | SCCO | |
|---|---|---|
Sector | Sector/Thematic | Basic Materials |
52-Week High | $30.86 | $218.85 |
52-Week Low | $30.65 | $93.70 |
Market Cap | — | $164.21B |
Enterprise Value | — | $165.50B |
Dividend Yield | — | 2.26% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.
Read more on SCCO →