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LVLN vs SLNZ

State Street SPDR S&P Leveraged Loan ETF

LVLNBNYSE Arca

TCW Senior Loan ETF

SLNZ—NYSE

Overlap

No data

Expense ratio

LVLN −0.25pt a year

LVLN0.40%SLNZ0.65%

Avg volume · 30D

LVLN 1.2×the volume

LVLN4.9KSLNZ4.04K

LVLN vs SLNZ Performance

Dec 31, 2025 – Oct 30, 2026

+3.0%LVLN+3.0%SLNZ

Dec 31, 2025 to Oct 30, 2026. LVLN +3.0%. SLNZ +3.0%. Use the arrow keys to read each point.−2%−1%0%1%4%Dec 2025Jun 2026Oct 2026
Expense ratio
LVLN 0.40%, better
SLNZ 0.65%
Fund size
LVLN $52M
SLNZ $226M
1Y total return
LVLN No data
SLNZ +3.8%
Yield (12M)
LVLN No data
SLNZ 7.30%
Holdings
LVLN 198
SLNZ 342
Avg volume (30D)
LVLN 4.9K sh, better
SLNZ 4.04K sh
NAV per share
LVLN $24.56
SLNZ $45.33
52W range

ETF.net Grade

  • —SLNZUnder classification review
LVLN: Cost 93, Risk 63, Mission 55, Tradability 12, Holdings 95, Durability 29.
Pillar letters and Scores for LVLN, SLNZ, with each pillar’s weight
PillarLVLNSLNZ
Cost30% weightA93Not scored
Mission25% weightB55Not scored
Risk15% weightB63Not scored
Tradability15% weightF12Not scored
Holdings10% weightA95Not scored
Durability5% weightD29Not scored

Rank among Bank Loan funds

How we build Categories ›

Bank Loan⁠

Category · 11 funds
See all 11 ›

LVLN ranks 1st 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. SLNZNot yet graded

LVLN vs SLNZ Holdings

How LVLN and SLNZ differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Countryby domicile85.9%
  • Asset classFixed Income100%

Sector

No Sector split for LVLN and SLNZ.

Country, concentration and asset class

Country by domicile

Country weights in LVLN and SLNZ, widest gap first
CountryMore in LVLNMore in SLNZ
United StatesSLNZ +14.1 points
LuxembourgLVLN +6.6 points
NetherlandsLVLN +2.0 points
GermanyLVLN +1.7 points
United KingdomLVLN +1.1 points
BermudaLVLN +0.6 points
CanadaLVLN +0.6 points
Cayman IslandsLVLN +0.5 points
Other countries (2)LVLN +1.0 points

Concentration

Weight in the 10 largest Holdings

  • LVLN11.0%
  • SLNZ16.3%

Securities held

  • LVLN197
  • SLNZ338

Asset class

LVLN
Fixed Income
SLNZ
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. LVLN holds 197 securities, SLNZ 338.

All LVLN holdings⁠All 350 SLNZ 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 SLNZ Cost

Overpaying SLNZ vs LVLN

$4,627

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

  • LVLN 0.40%

    $8,090

  • SLNZ 0.65%

    $12,717

$10,000
30 years

Cost over time

  • LVLN 0.40%
  • SLNZ 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SLNZ $12,717LVLN $8,090

Year by year

YearLVLNSLNZOverpaying
10$723$1,163$440
20$2,793$4,440$1,647
30$8,090$12,717$4,627

Expense ratio

  • 0.40%LVLN, cheaper
  • 0.65%SLNZ
  • Middle half of Bank Loan funds
  • Median 0.61%

LVLN cheapest of 11 funds

SLNZ 8th cheapest of 11 funds

LVLN vs SLNZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
LVLN No data
SLNZ 7.30%
Payout (12M)
LVLN No data
SLNZ $3.31
Last payment
LVLN $0.14
SLNZ $0.23
Ex-dividend
LVLN Oct 1, 2026
SLNZ Oct 1, 2026
Paid on
LVLN Oct 6, 2026
SLNZ Oct 5, 2026
Frequency
LVLN Monthly
SLNZ Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

LVLNMonthly · 11 paymentsAll LVLN payments⁠
One bar per payment. 11 payments from 2024 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$0.252026YTD
SLNZMonthly · 23 paymentsAll SLNZ payments⁠
One bar per payment. 23 payments from 2024 to 2026 YTD. Dec 2, 2024 $0.35; Dec 18, 2024 $0.31; Feb 3, 2025 $0.25; Mar 3, 2025 $0.28; Apr 1, 2025 $0.30; May 1, 2025 $0.30; Jun 2, 2025 $0.28; Jul 1, 2025 $0.25; Aug 1, 2025 $0.25; Sep 2, 2025 $0.25; Oct 1, 2025 $0.30; Nov 3, 2025 $0.32; Dec 1, 2025 $0.32; Dec 17, 2025 $0.32; Feb 2, 2026 $0.29; Mar 2, 2026 $0.29; Apr 1, 2026 $0.29; May 1, 2026 $0.28; Jun 1, 2026 $0.28; Jul 1, 2026 $0.23; Aug 3, 2026 $0.23; Sep 1, 2026 $0.23; Oct 1, 2026 $0.23. Use the arrow keys to read each point.$0$0.252026YTD

LVLN vs SLNZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LVLN No dataSLNZ 2.1%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
LVLN No dataSLNZ 0.26since Dec 2024
Worst fallMax drawdown, 5 years
LVLN No dataSLNZ −2.5%since Nov 2024
Market sensitivityBeta, 5 years
LVLN 0.06SLNZ 0.02

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