BKLN vs FBND: Holdings Overlap
Invesco · 165 holdings · $6.7B · as of 2026-05-31
Fidelity · 4503 holdings · $27.3B · as of 2026-05-31
How similar are BKLN and FBND?
Invesco Senior Loan ETF (BKLN, by Invesco) holds 165 positions; Fidelity Total Bond ETF (FBND, by Fidelity) holds 4503. They have 97 holdings in common, and by portfolio weight the two funds are 1.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 97BKLN holds 165 · FBND holds 4503
- Weight in Shared Holdings
- BKLN 68%·FBND 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in BKLN
68 of 165 positions (28.3% of the fund) are not held by FBND. Showing the top 30 by weight.
- Sedgwick Claims Management Services, Inc., Term Loan1.54%
- McAfee LLC, Term Loan B1.30%
- IRB Holding Corp., Term Loan B1.15%
- Boxer Parent Co., Inc., Term Loan1.11%
- Hudson River Trading LLC, Term Loan B1.09%
- Gainwell Acquisition Corp., First Lien Term Loan B1.08%
Only in FBND
4406 of 4503 positions (103.6% of the fund) are not held by BKLN. Showing the top 30 by weight.
- U.S. Treasury Notes2.34%
- U.S. Treasury Notes2.21%
- U.S. Treasury Notes2.17%
- U.S. Treasury Notes1.81%
- U.S. Treasury Bonds1.53%
- U.S. Treasury Notes1.49%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BKLN | +0.9% | +1.2% | +4.3% | +7.1% | +5.5% | +4.2% | 6.50% |
| FBND | -0.2% | +0.3% | +2.8% | +4.9% | +0.5% | +2.3% | 4.74% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in BKLN vs FBND →
Shared Holdings(97)
The top 10 shared positions account for 34% of the overlap, led by Bass Pro Group LLC, Term Loan B, Fertitta Entertainment LLC (Golden Nugget), Term Loan and Acrisure LLC, Term Loan B.
| Bass Pro Group LLC, Term Loan B | 1.35% | 0.12% | 0.12% |
|---|---|---|---|
| Fertitta Entertainment LLC (Golden Nugget), Term Loan | 0.94% | 0.08% | 0.08% |
| Acrisure LLC, Term Loan B | 0.96% | 0.07% | 0.07% |
| Valeant Pharmaceuticals International, Inc., Term Loan B | 0.79% | 0.06% | 0.06% |
| Nielsen Finance LLC, Term Loan B | 0.94% | 0.06% | 0.06% |
| Ultimate Software Group, Inc., First Lien Term Loan | 1.68% | 0.05% | 0.05% |
| Solera (Polaris Newco LLC), First Lien Term Loan | 0.88% | 0.04% | 0.04% |
| Peraton Corp., First Lien Term Loan B | 1.39% | 0.04% | 0.04% |
| Ensemble Health Partners, Term Loan B | 1.21% | 0.04% | 0.04% |
| Allied Univ. Holdco LLC, Term Loan B | 0.99% | 0.04% | 0.04% |
| Proofpoint, Inc., Term Loan | 1.37% | 0.04% | 0.04% |
| ABG Intermediate Holdings 2 LLC, Term Loan B | 1.05% | 0.03% | 0.03% |
| Dayforce, Inc., Term Loan B | 1.46% | 0.03% | 0.03% |
| Ascend Learning LLC, Term Loan B | 0.41% | 0.03% | 0.03% |
| Oak-Eagle AcquireCo, Inc (Electronic Arts, Inc; EA), Term Loan | 0.31% | 0.03% | 0.03% |
| AI Aqua Merger Sub, Inc., Term Loan B | 1.43% | 0.03% | 0.03% |
| Nexus Buyer LLC, Term Loan B | 0.40% | 0.03% | 0.03% |
| Jane Street Group LLC, Term Loan B | 1.16% | 0.03% | 0.03% |
| Cloud Software Group, Inc., Term Loan B | 0.80% | 0.03% | 0.03% |
| Flex Acquisition Co., Inc., Term Loan B | 0.67% | 0.03% | 0.03% |
| Verscend Holding Corp., Term Loan B | 1.06% | 0.03% | 0.03% |
| HUB International Ltd., Term Loan B | 1.05% | 0.03% | 0.03% |
| PAREXEL International Corp., Term Loan B | 1.15% | 0.02% | 0.02% |
| athenahealth Group, Inc., Term Loan | 1.60% | 0.02% | 0.02% |
| TransDigm, Inc., Term Loan K | 1.21% | 0.02% | 0.02% |
Frequently Asked Questions
How much do BKLN and FBND overlap?
BKLN and FBND overlap by 1.8% of portfolio weight. They share 97 holdings (BKLN holds 165 positions and FBND holds 4503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BKLN and FBND?
The two portfolios are 1.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BKLN and FBND?
The largest positions held by both funds are Bass Pro Group LLC, Term Loan B, Fertitta Entertainment LLC (Golden Nugget), Term Loan, Acrisure LLC, Term Loan B, Valeant Pharmaceuticals International, Inc., Term Loan B and Nielsen Finance LLC, Term Loan B. Together the top 10 shared positions account for 34% of the total overlap.
What does BKLN own that FBND doesn't?
68 positions (28.3% of BKLN) are unique to BKLN, led by Sedgwick Claims Management Services, Inc., Term Loan, McAfee LLC, Term Loan B and IRB Holding Corp., Term Loan B. In the other direction, 4406 positions (103.6% of FBND) are unique to FBND.