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

ETF | Others |

Last Closing

USD 25.02

Change

+0.03 (+0.12)%

Market Cap

USD 0.69B

Volume

0.05M

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: 2024-07-30 )

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 0.60% 29% F 57% F
Dividend Return 2.90% 60% D- 63% D
Total Return 3.50% 31% F 59% D-
Trailing 12 Months  
Capital Gain 0.81% 22% F 61% D-
Dividend Return 4.49% 73% C 58% F
Total Return 5.30% 32% F 62% D
Trailing 5 Years  
Capital Gain -0.56% 36% F 59% D-
Dividend Return 9.66% 39% F 28% F
Total Return 9.10% 32% F 56% F
Average Annual (5 Year Horizon)  
Capital Gain -0.06% 27% F 42% F
Dividend Return 1.55% 34% F 43% F
Total Return 1.62% 55% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 2.01% 94% A 99% N/A
Risk Adjusted Return 77.17% 88% B+ 94% A
Market Capitalization 0.69B 74% 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.