FLRN vs SPAB: Holdings Overlap
FLRNState Street® SPDR® Bloomberg Investment Grade Floating Rate ETF
State Street (SPDR) · 543 holdings · $3.0B · as of 2026-08-06
SPABState Street® SPDR® Portfolio Aggregate Bond ETF
State Street (SPDR) · 8489 holdings · $9.8B · as of 2026-08-06
How similar are FLRN and SPAB?
State Street® SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN, by State Street (SPDR)) holds 543 positions; State Street® SPDR® Portfolio Aggregate Bond ETF (SPAB, by State Street (SPDR)) holds 8489. They have 12 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12FLRN holds 543 · SPAB holds 8489
- Weight in Shared Holdings
- FLRN 2%·SPAB 0%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 FLRN
531 of 543 positions (97.1% of the fund) are not held by SPAB. Showing the top 30 by weight.
- EUROPEAN BK RECON + DEV SR UNSECURED 02/28 VAR1.23%
- INTL BK RECON + DEVELOP SR UNSECURED 08/27 VAR1.10%
- INTL BK RECON + DEVELOP SR UNSECURED 01/27 VAR0.86%
- EUROPEAN BK RECON + DEV SR UNSECURED 07/30 VAR0.85%
- EUROPEAN BK RECON + DEV SR UNSECURED 02/29 VAR0.83%
- KOMMUNALBANKEN AS SR UNSECURED 144A 04/29 VAR0.79%
Only in SPAB
8477 of 8489 positions (99.1% of the fund) are not held by FLRN. Showing the top 30 by weight.
- US TREASURY N/B 12/28 3.50.77%
- US TREASURY N/B 11/28 4.3750.43%
- US TREASURY N/B 01/28 3.50.42%
- US TREASURY N/B 03/31 3.8750.41%
- US TREASURY N/B 11/34 4.250.38%
- US TREASURY N/B 12/27 3.3750.38%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FLRN | +0.3% | +2.5% | +4.5% | +5.5% | +4.3% | +3.1% | 4.38% |
| SPAB | -0.3% | +0.0% | +2.5% | +4.2% | -0.2% | +1.4% | 4.11% |
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 FLRN vs SPAB →
Shared Holdings(12)
The top 10 shared positions account for 96% of the overlap, led by MORGAN STANLEY SR UNSECURED 01/30 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR and GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR.
| MORGAN STANLEY SR UNSECURED 01/30 VAR | 0.20% | 0.02% | 0.02% |
|---|---|---|---|
| GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR | 0.23% | 0.01% | 0.01% |
| GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR | 0.15% | 0.01% | 0.01% |
| AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR | 0.28% | 0.01% | 0.01% |
| SUMITOMO MITSUI FINL GRP SR UNSECURED 07/31 VAR | 0.26% | 0.01% | 0.01% |
| MIZUHO FINANCIAL GROUP SR UNSECURED 07/30 VAR | 0.25% | 0.01% | 0.01% |
| TRUIST BANK SR UNSECURED 01/29 VAR | 0.13% | 0.01% | 0.01% |
| WELLS FARGO + COMPANY SR UNSECURED 01/30 VAR | 0.15% | 0.01% | 0.01% |
| BANK OF NY MELLON CORP SR UNSECURED 01/30 VAR | 0.09% | 0.00% | 0.00% |
| MIZUHO FINANCIAL GROUP SR UNSECURED 05/31 VAR | 0.08% | 0.00% | 0.00% |
| UBS AG STAMFORD CT UBS AG STAMFORD CT | 0.13% | 0.00% | 0.00% |
| EURO CURRENCY | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do FLRN and SPAB overlap?
FLRN and SPAB overlap by 0.1% of portfolio weight. They share 12 holdings (FLRN holds 543 positions and SPAB holds 8489), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLRN and SPAB?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FLRN and SPAB?
The largest positions held by both funds are MORGAN STANLEY SR UNSECURED 01/30 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR, AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR and SUMITOMO MITSUI FINL GRP SR UNSECURED 07/31 VAR. Together the top 10 shared positions account for 96% of the total overlap.
What does FLRN own that SPAB doesn't?
531 positions (97.1% of FLRN) are unique to FLRN, led by EUROPEAN BK RECON + DEV SR UNSECURED 02/28 VAR, INTL BK RECON + DEVELOP SR UNSECURED 08/27 VAR and INTL BK RECON + DEVELOP SR UNSECURED 01/27 VAR. In the other direction, 8477 positions (99.1% of SPAB) are unique to SPAB.