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LVLN vs SEIX

State Street SPDR S&P Leveraged Loan ETF

LVLNBNYSE Arca

Virtus Seix Senior Loan ETF

SEIXBNYSE Arca

Overlap

No data

Expense ratio

LVLN −0.17pt a year

LVLN0.40%SEIX0.57%

Avg volume · 30D

SEIX 24.7×the volume

LVLN4.9KSEIX121K

LVLN vs SEIX Performance

Dec 31, 2025 – Oct 30, 2026

+3.0%LVLN+3.9%SEIX

Dec 31, 2025 to Oct 30, 2026. LVLN +3.0%. SEIX +3.9%. Use the arrow keys to read each point.−2%0%2%Dec 2025Jun 2026Oct 2026
Expense ratio
LVLN 0.40%, better
SEIX 0.57%
Fund size
LVLN $52M
SEIX $305M
1Y total return
LVLN No data
SEIX +5.0%
Yield (12M)
LVLN No data
SEIX 6.98%
Holdings
LVLN 198
SEIX 268
Avg volume (30D)
LVLN 4.9K sh
SEIX 121K sh, better
NAV per share
LVLN $24.56
SEIX $23.02
52W range

ETF.net Grade

LVLN: Cost 93, Risk 63, Mission 55, Tradability 12, Holdings 95, Durability 29. SEIX: Cost 65, Risk 68, Mission 35, Tradability 67, Holdings 83, Durability 37.
Pillar letters and Scores for LVLN, SEIX, with each pillar’s weight
PillarLVLNSEIX
Cost30% weightA93HigherB65
Mission25% weightB55HigherD35
Risk15% weightB63B68Higher
Tradability15% weightF12B67Higher
Holdings10% weightA95HigherA83
Durability5% weightD29D37Higher

Rank among Bank Loan funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LVLN and SEIX are both graded against the same 11 Bank Loan funds, so their Grades compare head to head.

Bank Loan⁠

Category · 11 funds
See all 11 ›

LVLN ranks 1st and SEIX 2nd of 11 funds in the Bank Loan Category.

  1. Rank 1BLVLNState Street SPDR S&P Leveraged Loan ETFScore 63
  2. Rank 2BSEIXVirtus Seix Senior Loan ETFScore 58
  3. Rank 3CUSLNiShares Broad USD Floating Rate Loan ETFScore 54

Our read on each fund

ETF.net Research

LVLNBState Street SPDR S&P Leveraged Loan ETF

SEIXBVirtus Seix Senior Loan ETF

In short

LVLN No data

SEIX Most funds in this corner of the bond market buy fixed-rate high-yield bonds and follow an index. SEIX does neither: an actively picked book of senior loans built around one job, a high level of current income, paid out monthly.

Stated mandate

LVLN No data

SEIX The Fund seeks to provide a high level of current income.

Why people hold it

LVLN No data

  • SEIX Senior loans, not high-yield bonds. A different slice of corporate credit than the index trackers that dominate this category.
  • Actively run, roughly 200 loans chosen by the Seix credit team rather than whatever a benchmark happens to hold.
  • Cash lands monthly, which matches a mandate written around current income rather than price appreciation.
  • Trading since 2019, mid-sized, and moderately traded day to day, so the strategy has a real operating history behind it.

Worth knowing

LVLN No data

  • SEIX 0.57% a year, above the 0.40% category norm and far above index trackers like SCYB at 0.03% or SPHY at 0.05%. Hand-picked loan credit carries a price tag.
  • No declared index to measure against. Outcomes ride on the manager's loan selection, so the usual tracking yardstick doesn't apply.
  • It is grouped with high-yield bond funds, so side-by-side comparisons line up the risk bucket, not the instrument being bought.

Full LVLN profile⁠

Full SEIX profile⁠

LVLN vs SEIX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LVLN vs SEIX Cost

Overpaying SEIX vs LVLN

$3,181

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • LVLN 0.40%

    $8,090

  • SEIX 0.57%

    $11,271

$10,000
30 years

Cost over time

  • LVLN 0.40%
  • SEIX 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530SEIX $11,271LVLN $8,090

Year by year

YearLVLNSEIXOverpaying
10$723$1,023$300
20$2,793$3,921$1,128
30$8,090$11,271$3,181

Expense ratio

  • 0.40%LVLN, cheaper
  • 0.57%SEIX
  • Middle half of Bank Loan funds
  • Median 0.61%

LVLN cheapest of 11 funds

SEIX 4th cheapest of 11 funds

LVLN vs SEIX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LVLN No data
SEIX 6.98%
Payout (12M)
LVLN No data
SEIX $1.60
Last payment
LVLN $0.14
SEIX $0.12
Ex-dividend
LVLN Oct 1, 2026
SEIX Oct 20, 2026
Paid on
LVLN Oct 6, 2026
SEIX Oct 27, 2026
Frequency
LVLN Monthly
SEIX Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

LVLNMonthly · 11 paymentsAll LVLN payments⁠
One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 1, 2025 $0.03; Dec 18, 2025 $0.10; Feb 2, 2026 $0.19; Mar 2, 2026 $0.13; Apr 1, 2026 $0.17; May 1, 2026 $0.14; Jun 1, 2026 $0.15; Jul 1, 2026 $0.15; Aug 3, 2026 $0.14; Sep 1, 2026 $0.15; Oct 1, 2026 $0.14. Use the arrow keys to read each point.$0$0.2520232026YTD
SEIXMonthly · 46 paymentsAll SEIX payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 20, 2023 $0.06; Feb 21, 2023 $0.16; Mar 20, 2023 $0.14; Apr 20, 2023 $0.20; May 22, 2023 $0.18; Jun 20, 2023 $0.16; Jul 20, 2023 $0.19; Aug 21, 2023 $0.18; Sep 20, 2023 $0.19; Oct 20, 2023 $0.19; Nov 20, 2023 $0.18; Dec 20, 2023 $0.28; Jan 22, 2024 $0.10; Feb 21, 2024 $0.19; Mar 20, 2024 $0.16; Apr 22, 2024 $0.20; May 20, 2024 $0.16; Jun 20, 2024 $0.17; Jul 22, 2024 $0.15; Aug 20, 2024 $0.18; Sep 20, 2024 $0.15; Oct 21, 2024 $0.12; Nov 20, 2024 $0.14; Dec 20, 2024 $0.22; Jan 21, 2025 $0.08; Feb 20, 2025 $0.15; Mar 20, 2025 $0.13; Apr 21, 2025 $0.16; May 20, 2025 $0.14; Jun 20, 2025 $0.15; Jul 21, 2025 $0.14; Aug 20, 2025 $0.15; Sep 22, 2025 $0.16; Oct 20, 2025 $0.14; Nov 20, 2025 $0.16; Dec 22, 2025 $0.20; Jan 20, 2026 $0.07; Feb 20, 2026 $0.13; Mar 20, 2026 $0.12; Apr 20, 2026 $0.14; May 20, 2026 $0.12; Jun 22, 2026 $0.14; Jul 20, 2026 $0.12; Aug 20, 2026 $0.13; Sep 21, 2026 $0.14; Oct 20, 2026 $0.12. Use the arrow keys to read each point.$0$0.2520232026YTD

LVLN vs SEIX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LVLN No dataSEIX 1.8%
Return per unit of riskSharpe ratio, 3 years
LVLN No dataSEIX 1.20
Worst fallMax drawdown, 5 years
LVLN No dataSEIX −6.7%
Market sensitivityBeta, 5 years
LVLN 0.06SEIX 0.05

Popular comparisons

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