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SEIX vs USLN

Virtus Seix Senior Loan ETF

SEIXBNYSE Arca

iShares Broad USD Floating Rate Loan ETF

USLNCCboe

Overlap

No data

Expense ratio

USLN −0.14pt a year

SEIX0.57%USLN0.43%

Avg volume · 30D

SEIX 36.4×the volume

SEIX121KUSLN3.33K

SEIX vs USLN Performance

Jul 31, 2026 – Oct 30, 2026

+1.0%SEIX+0.8%USLN

Jul 31, 2026 to Oct 30, 2026. SEIX +1.0%. USLN +0.8%. Use the arrow keys to read each point.0%0.5%1.5%Jul 2026Sep 2026Oct 2026
Expense ratio
SEIX 0.57%
USLN 0.43%, better
Fund size
SEIX $305M
USLN $30M
1Y total return
SEIX +5.0%
USLN No data
Yield (12M)
SEIX 6.98%
USLN No data
Holdings
SEIX 268
USLN 361
Avg volume (30D)
SEIX 121K sh, better
USLN 3.33K sh
NAV per share
SEIX $23.02
USLN $49.91
52W range

ETF.net Grade

SEIX: Cost 65, Risk 68, Mission 35, Tradability 67, Holdings 83, Durability 37. USLN: Cost 84, Risk 66, Mission not scored, Tradability 13, Holdings 28, Durability 26.
Pillar letters and Scores for SEIX, USLN, with each pillar’s weight
PillarSEIXUSLN
Cost30% weightB65A84Higher
Mission25% weightD35Not scored
Risk15% weightB68HigherB66
Tradability15% weightB67HigherF13
Holdings10% weightA83HigherD28
Durability5% weightD37HigherD26

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. SEIX and USLN 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 ›

SEIX ranks 2nd and USLN 3rd 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
  4. Rank 4CFTSLFirst Trust Senior Loan FundScore 53

Our read on each fund

ETF.net Research

SEIXBVirtus Seix Senior Loan ETF

USLNCiShares Broad USD Floating Rate Loan ETF

In short

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.

USLN No data

Stated mandate

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

USLN No data

Why people hold it

  • 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.

USLN No data

Worth knowing

  • 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.

USLN No data

Full SEIX profile⁠

Full USLN profile⁠

SEIX vs USLN 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.

SEIX vs USLN Cost

Overpaying SEIX vs USLN

$2,609

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

  • SEIX 0.57%

    $11,271

  • USLN 0.43%

    $8,662

$10,000
30 years

Cost over time

  • SEIX 0.57%
  • USLN 0.43%
  • 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 $11,271USLN $8,662

Year by year

YearSEIXUSLNOverpaying
10$1,023$776$247
20$3,921$2,994$927
30$11,271$8,662$2,609

Expense ratio

  • 0.57%SEIX
  • 0.43%USLN, cheaper
  • Middle half of Bank Loan funds
  • Median 0.61%

USLN 2nd cheapest of 11 funds

SEIX 4th cheapest of 11 funds

SEIX vs USLN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SEIX 6.98%
USLN No data
Payout (12M)
SEIX $1.60
USLN No data
Last payment
SEIX $0.12
USLN $0.29
Ex-dividend
SEIX Oct 20, 2026
USLN Oct 1, 2026
Paid on
SEIX Oct 27, 2026
USLN Oct 6, 2026
Frequency
SEIX Monthly
USLN Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

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$0.5020232026YTD
USLNMonthly · 6 paymentsAll USLN payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. May 1, 2026 $0.48; Jun 1, 2026 $0.31; Jul 1, 2026 $0.30; Aug 3, 2026 $0.32; Sep 1, 2026 $0.34; Oct 1, 2026 $0.29. Use the arrow keys to read each point.$0$0.5020232026YTD

SEIX vs USLN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SEIX 1.8%USLN No data
Return per unit of riskSharpe ratio, 3 years
SEIX 1.20USLN No data
Worst fallMax drawdown, 5 years
SEIX −6.7%USLN No data
Market sensitivityBeta, 5 years
SEIX 0.05USLN 0.14

Popular comparisons

  • SEIXBvsLVLNB

    Virtus Seix Senior Loan ETF · State Street SPDR S&P Leveraged Loan ETF

    Expense ratio
    0.57% · 0.40%
    Category
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  • USLNCvsLVLNB

    iShares Broad USD Floating Rate Loan ETF · State Street SPDR S&P Leveraged Loan ETF

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    Expense ratio
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    Expense ratio
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    Category
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  • SEIXBvsLONZC

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    Category
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  • USLNCvsLONZC

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    Category
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