PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) belongs to the Bank Loan category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LONZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LONZ
LONZ charges 0.62% annually. There are 9 ETFs in the Bank Loan category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Leveraged Loan ETF | 0.40% | 44.48M | Nov 2025 | LONZ vs LVLN | |
| iShares Broad USD Floating Rate Loan ETF | 0.43% | — | Mar 2026 | LONZ vs USLN | |
| Polen Floating Rate Income ETF | 0.49% | 10.22M | Jun 2022 | LONZ vs PCFI | |
| Regan Floating Rate MBS ETF | 0.49% | 154.00M | Feb 2024 | LONZ vs MBSF | |
| BlackRock Floating Rate Loan ETF | 0.55% | 53.54M | Oct 2022 | LONZ vs BRLN |
Best Risk-Adjusted Alternatives to LONZ
LONZ has a PortfoliosLab risk / return rank of 78. There are 4 ETFs in the Bank Loan category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 95 | 251.16M | Apr 2019 | LONZ vs SEIX | |
| PGIM Floating Rate Income ETF | 93 | 118.91M | May 2022 | LONZ vs PFRL | |
| Regan Floating Rate MBS ETF | 88 | 154.00M | Feb 2024 | LONZ vs MBSF | |
| T. Rowe Price Floating Rate ETF | 80 | 662.55M | Nov 2022 | LONZ vs TFLR | |
| Eaton Vance Floating-Rate ETF | 73 | 1.36B | Feb 2024 | LONZ vs EVLN |
Top Performing LONZ Alternatives (YTD)
LONZ is at 2.29% YTD. There are 3 ETFs in the Bank Loan category with higher YTD returns, going as high as 2.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Floating Rate Income ETF | 2.81% | 118.91M | May 2022 | LONZ vs PFRL | |
| Virtus Seix Senior Loan ETF | 2.46% | 251.16M | Apr 2019 | LONZ vs SEIX | |
| Regan Floating Rate MBS ETF | 2.30% | 154.00M | Feb 2024 | LONZ vs MBSF | |
| TCW Senior Loan ETF | 2.27% | 327.02M | Jun 2013 | LONZ vs SLNZ | |
| T. Rowe Price Floating Rate ETF | 1.62% | 662.55M | Nov 2022 | LONZ vs TFLR |
Lowest Volatility Alternatives to LONZ
LONZ has 2.28% 1-year volatility. There are 4 ETFs in the Bank Loan category with lower 1-year volatility, going as low as 1.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 1.60% | 251.16M | Apr 2019 | LONZ vs SEIX | |
| Eaton Vance Floating-Rate ETF | 1.88% | 1.36B | Feb 2024 | LONZ vs EVLN | |
| PGIM Floating Rate Income ETF | 1.93% | 118.91M | May 2022 | LONZ vs PFRL | |
| T. Rowe Price Floating Rate ETF | 2.00% | 662.55M | Nov 2022 | LONZ vs TFLR | |
| iShares Broad USD Floating Rate Loan ETF | 2.37% | — | Mar 2026 | LONZ vs USLN |
Lowest Drawdown Alternatives to LONZ
LONZ has a 1-year max drawdown of -2.03%. There are 5 ETFs in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Regan Floating Rate MBS ETF | -0.79% | 154.00M | Feb 2024 | LONZ vs MBSF | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.16M | Apr 2019 | LONZ vs SEIX | |
| PGIM Floating Rate Income ETF | -1.25% | 118.91M | May 2022 | LONZ vs PFRL | |
| Eaton Vance Floating-Rate ETF | -1.77% | 1.36B | Feb 2024 | LONZ vs EVLN | |
| BlackRock Floating Rate Loan ETF | -2.00% | 53.54M | Oct 2022 | LONZ vs BRLN |
Other ETFs from PIMCO
The 10 most viewed PIMCO ETFs shown here include MINT, PYLD, BOND and span 10 categories. AUM among these funds goes as high as $16B.
Often Compared With LONZ
Investors most often compare LONZ with FTSL, PFIUX, ANGL. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare LONZ with Any Fund or Stock
Compare LONZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LONZ with funds that move differently
PIMCO Senior Loan Active Exchange-Traded Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LONZ.
Explore LONZ Diversifiers