FLOT:AU:AU-VanEck Australian Floating Rate ETF (AUD)

ETF | Others |

Last Closing

USD 24.92

Change

0.00 (0.00)%

Market Cap

USD 0.69B

Volume

0.06M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-15 )

Largest Industry Peers for Others

ETFs Containing FLOT:AU

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.20% 27% F 57% F
Dividend Return 2.47% 89% A- 66% D+
Total Return 2.67% 34% F 59% D-
Trailing 12 Months  
Capital Gain 0.36% 17% F 57% F
Dividend Return 4.83% 80% B- 61% D-
Total Return 5.20% 29% F 59% D-
Trailing 5 Years  
Capital Gain -0.76% 36% F 56% F
Dividend Return 9.70% 44% F 28% F
Total Return 8.94% 34% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain -0.09% 28% F 42% F
Dividend Return 1.43% 40% F 43% F
Total Return 1.52% 50% F 30% F
Risk Return Profile  
Volatility (Standard Deviation) 1.90% 91% A- 99% N/A
Risk Adjusted Return 75.12% 88% B+ 94% A
Market Capitalization 0.69B 75% C 82% B

Annual Financials (AUD)

Quarterly Financials (AUD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.