SRLN vs. LVLN
SRLN (State Street Blackstone Senior Loan ETF) and LVLN (SPDR S&P Leveraged Loan ETF) are both Bank Loan funds from State Street. SRLN is actively managed, while LVLN is passively managed. Their 0.53 correlation means they have sometimes moved together and sometimes differently. SRLN charges 0.70%/yr vs 0.40%/yr for LVLN.
Performance
SRLN vs. LVLN - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SRLN having a 1.61% return and LVLN slightly higher at 1.67%.
SRLN
- 1D
- 0.22%
- 1M
- 0.85%
- 6M
- 1.93%
- YTD
- 1.61%
- 1Y
- 4.84%
- 3Y*
- 7.25%
- 5Y*
- 4.84%
- 10Y*
- 4.52%
- ALL TIME*
- 3.81%
LVLN
- 1D
- 0.10%
- 1M
- 0.38%
- 6M
- 1.78%
- YTD
- 1.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $49.50K | $55.73K | $267.19K | |
| $44.81M | $49.21M | $72.42M |
SRLN vs. LVLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SRLN State Street Blackstone Senior Loan ETF | 1.61% | 1.41% |
LVLN SPDR S&P Leveraged Loan ETF | 1.67% | 1.14% |
Correlation
The correlation between SRLN and LVLN is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.53 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SRLN vs. LVLN — Risk / Return Rank
SRLN
LVLN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SRLN vs. LVLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Blackstone Senior Loan ETF (SRLN) 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.
| SRLN | LVLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | — | — |
| Martin ratioReturn relative to average drawdown | 5.50 | — | — |
Loading charts...
Drawdowns
SRLN vs. LVLN - Drawdown Comparison
The maximum SRLN drawdown since its inception was -22.29%, which is greater than LVLN's maximum drawdown of -2.34%. Use the drawdown chart below to compare losses from any high point for SRLN and LVLN.
Loading charts...
Drawdown Indicators
| SRLN | LVLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.29% | -2.34% | -19.95% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -7.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -22.29% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.16% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -0.46% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | — | — |
Volatility
SRLN vs. LVLN - Volatility Comparison
Loading charts...
Volatility by Period
| SRLN | LVLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.94% | 2.59% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.92% | 2.59% | +1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 2.59% | +3.47% |
SRLN vs. LVLN - Expense Ratio Comparison
SRLN has a 0.70% expense ratio, which is higher than LVLN's 0.40% expense ratio.
Dividends
SRLN vs. LVLN - Dividend Comparison
SRLN's dividend yield for the trailing twelve months is around 7.34%, more than LVLN's 4.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SRLN State Street Blackstone Senior Loan ETF | 7.34% | 7.67% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% |
Frequently Asked Questions
SRLN and LVLN have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
LVLN is cheaper with a 0.40% expense ratio, compared with 0.70% for SRLN.
SRLN has the higher dividend yield at 7.34%, compared with 4.90% for LVLN.
Their fees differ too: 0.70% for SRLN and 0.40% for LVLN.
Find the right allocation for SRLN and LVLN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer