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ETFs

SPDR Blackstone Senior Loan ETF

SRLN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 03 2013
Expense Ratio
0.70%
Type
US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$126,659,570
AUM
$5,088,162,049
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Peraton Corp 02/01/2028
1.94%
n/a
Medline Borrower LP aka Medline Industries 10/23/2028
1.74%
n/a
UKG Inc aka Ultimate Kronos/UKG 05/04/2026
1.69%
n/a
New Red Finance Inc. aka Burger King 1011778 B.C. ULC/Restaurant Brands 11/19/2026
1.65%
n/a
athenahealth Group Inc. 02/15/2029
1.64%
n/a
United Airlines Inc. aka Continental 04/21/2028
1.60%
n/a
McAfee Corp 03/01/2029
1.54%
n/a
Pilot Travel Centers LLC 08/04/2028
1.51%
n/a
Acrisure LLC 02/15/2027
1.48%
n/a
Brookfield WEC Holdings Inc aka Westinghouse Electric/Westinghouse 08/01/2025
1.45%
Invest with SRLN

What is SRLN?

The SPDR Blackstone Senior Loan ETF (the Fund ) seeks to provide current income consistent with the preservation of capital. In pursuing its investment objective, the Fund seeks to outperform the Markit iBoxx USD Liquid Leveraged Loan Index (the Primary Index ) and the S&P/LSTA U.S. Leveraged Loan 100 Index (the Secondary Index ) by normally investing at least 80% of its net assets (plus any borrowings for investment purposes) in Senior Loans. For purposes of this 80% test, Senior Loans are first lien senior secured floating rate bank loans.

ETFs related toSRLN

ETFs correlated to SRLN include BKLN, FTSL, RDVI

SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
BKLN
Invesco Capital Management LLC - Invesco Senior Loan ETF
FTSL
First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
HYGH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged High Yield Bond ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
CWB
SPDR Series Trust - SPDR Bloomberg Convertible Securities ETF
HYLS
First Trust Exchange-Traded Fund III - First Trust Tactical High Yield ETF
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSRLN

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#ROROMO

Risk On or Risk Off Momentum

Category

Momentum, Tactical Asset Allocation, Be Risk Aware

Risk Rating

Moderate

Create your own algorithmic trading strategy with SRLN using Composer

FAQ

SRLN is a US Bonds ETF. The SPDR Blackstone Senior Loan ETF (the Fund ) seeks to provide current income consistent with the preservation of capital. In pursuing its investment objective, the Fund seeks to outperform the Markit iBoxx USD Liquid Leveraged Loan Index (the Primary Index ) and the S&P/LSTA U.S. Leveraged Loan 100 Index (the Secondary Index ) by normally investing at least 80% of its net assets (plus any borrowings for investment purposes) in Senior Loans. For purposes of this 80% test, Senior Loans are first lien senior secured floating rate bank loans.

Yes, SRLN is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SRLN is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SRLN is -0.0176%. This is the percent change in the value of SRLN over the most recent 1-month period. The 3-month return on SRLN is 0.0044%. This is the percent change in the value of SRLN over the most recent 3-month period.

The standard deviation of SRLN for the past year is 0.066%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SRLN include VCSH, HYG, and JNK.

ETFs correlated to SRLN include BKLN, FTSL, and RDVI.

ETFs that are inversely correlated to SRLN include SJB, HIBS, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.