State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs VanEck Semiconductor ETF — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while VanEck Semiconductor ETF trades at $588.1. The key difference: VanEck Semiconductor 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 | SMH | |
|---|---|---|
Sector | Sector/Thematic | — |
52-Week High | $30.86 | $668.91 |
52-Week Low | $30.65 | $286.43 |
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 →The fund normally invests at least 80% of its total assets in securities that comprise the target index. The index includes common stocks and depositary receipts of US exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a US exchange. The fund is non-diversified.
Read more on SMH →