FLRT vs. LVLN

Last updated Aug 4, 2026

FLRT (Pacer Aristotle Pacific Floating Rate High Income ETF) and LVLN (SPDR S&P Leveraged Loan ETF) are both Bank Loan funds. FLRT is actively managed, while LVLN is passively managed. Their 0.38 correlation means their historical movements had little consistent relationship. FLRT charges 0.60%/yr vs 0.40%/yr for LVLN.

Performance

FLRT vs. LVLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) and SPDR S&P Leveraged Loan ETF (LVLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRT achieves a 2.44% return, which is significantly higher than LVLN's 1.67% return.

FLRT

• 1D: 0.04%
• 1M: 0.42%
• 6M: 1.88%
• YTD: 2.44%
• 1Y: 5.13%
• 3Y*: 7.90%
• 5Y*: 6.08%
• 10Y*: 4.77%
• ALL TIME*: 4.48%

LVLN

• 1D: 0.10%
• 1M: 0.38%
• 6M: 1.78%
• YTD: 1.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	$4.79M	$4.57M	$4.68M
LVLN SPDR S&P Leveraged Loan ETF	$49.50K	$55.73K	$267.19K

FLRT vs. LVLN - Yearly Performance Comparison

	2026 (YTD)	2025
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	2.44%	1.17%
LVLN SPDR S&P Leveraged Loan ETF	1.67%	1.14%

Correlation

The correlation between FLRT and LVLN is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.38

Return for Risk

FLRT vs. LVLN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLRT

FLRT Risk / Return Rank: 90
FLRT Sharpe Ratio Rank: 97
FLRT Sortino Ratio Rank: 97
FLRT Omega Ratio Rank: 97
FLRT Calmar Ratio Rank: 79
FLRT Martin Ratio Rank: 79

LVLN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLRT vs. LVLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) and SPDR S&P Leveraged Loan ETF (LVLN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FLRT	LVLN	Difference
Sharpe ratio: Return per unit of total volatility	3.46	—	—
Sortino ratio: Return per unit of downside risk	5.17	—	—
Omega ratio: Gain probability vs. loss probability	1.76	—	—
Calmar ratio: Return relative to maximum drawdown	2.90	—	—
Martin ratio: Return relative to average drawdown	10.63	—	—

Drawdowns

FLRT vs. LVLN - Drawdown Comparison

The maximum FLRT drawdown since its inception was -20.96%, which is greater than LVLN's maximum drawdown of -2.34%. Use the drawdown chart below to compare losses from any high point for FLRT and LVLN.

Drawdown Indicators

	FLRT	LVLN	Difference
Max Drawdown Largest peak-to-trough decline	-20.96%	-2.34%	-18.62%
Max Drawdown (1Y) Largest decline over 1 year	-1.78%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.96%	—	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-1.39%	-0.46%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	—	—

Volatility

Volatility by Period

	FLRT	LVLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.49%	2.59%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.30%	2.59%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.09%	2.59%	+3.50%

FLRT vs. LVLN - Expense Ratio Comparison

FLRT has a 0.60% expense ratio, which is higher than LVLN's 0.40% expense ratio.

Dividends

FLRT vs. LVLN - Dividend Comparison

FLRT's dividend yield for the trailing twelve months is around 6.71%, more than LVLN's 4.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	6.71%	6.93%	7.93%	8.40%	5.81%	3.16%	3.52%	4.30%	3.95%	3.20%	3.38%	3.21%
LVLN SPDR S&P Leveraged Loan ETF	4.90%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLRT and LVLN in my portfolio?

FLRT and LVLN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLRT or LVLN?

On fees, LVLN is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLRT or LVLN?

LVLN is cheaper with a 0.40% expense ratio, compared with 0.60% for FLRT.

Which ETF pays a higher dividend yield, FLRT or LVLN?

FLRT has the higher dividend yield at 6.71%, compared with 4.90% for LVLN.

What is the main difference between FLRT and LVLN?

They also come from different issuers: Pacer and State Street. Their fees differ too: 0.60% for FLRT and 0.40% for LVLN.