FLRN vs SPIB: Holdings Overlap
FLRNState Street® SPDR® Bloomberg Investment Grade Floating Rate ETF
State Street (SPDR) · 543 holdings · $3.0B · as of 2026-08-06
SPIBState Street® SPDR® Portfolio Intermediate Term Corporate Bond ETF
State Street (SPDR) · 5248 holdings · $11.6B · as of 2026-08-06
How similar are FLRN and SPIB?
State Street® SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN, by State Street (SPDR)) holds 543 positions; State Street® SPDR® Portfolio Intermediate Term Corporate Bond ETF (SPIB, by State Street (SPDR)) holds 5248. They have 12 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12FLRN holds 543 · SPIB holds 5248
- Weight in Shared Holdings
- FLRN 2%·SPIB 1%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 SPIB. 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 SPIB
5236 of 5248 positions (123.7% of the fund) are not held by FLRN. Showing the top 30 by weight.
- MORGAN STANLEY BANK NA SR UNSECURED 01/29 VAR0.50%
- TORONTO DOMINION BANK SR UNSECURED 07/29 4.8470.25%
- AMAZON.COM INC SR UNSECURED 07/31 4.80.24%
- JPMORGAN CHASE + CO SUBORDINATED 02/37 VAR0.23%
- BROADCOM INC SR UNSECURED 02/30 4.350.23%
- L3HARRIS TECH INC SR UNSECURED 06/31 5.250.23%
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% |
| SPIB | +0.1% | +0.7% | +3.1% | +5.8% | +1.7% | +2.7% | 4.49% |
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 SPIB →
Shared Holdings(12)
The top 10 shared positions account for 98% of the overlap, led by GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR, MORGAN STANLEY SR UNSECURED 01/30 VAR and GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR.
| GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR | 0.23% | 0.14% | 0.14% |
|---|---|---|---|
| MORGAN STANLEY SR UNSECURED 01/30 VAR | 0.20% | 0.09% | 0.09% |
| GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR | 0.15% | 0.05% | 0.05% |
| MIZUHO FINANCIAL GROUP SR UNSECURED 05/31 VAR | 0.08% | 0.04% | 0.04% |
| AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR | 0.28% | 0.04% | 0.04% |
| TRUIST BANK SR UNSECURED 01/29 VAR | 0.13% | 0.03% | 0.03% |
| MIZUHO FINANCIAL GROUP SR UNSECURED 07/30 VAR | 0.25% | 0.03% | 0.03% |
| WELLS FARGO + COMPANY SR UNSECURED 01/30 VAR | 0.15% | 0.03% | 0.03% |
| UBS AG STAMFORD CT UBS AG STAMFORD CT | 0.13% | 0.02% | 0.02% |
| BANK OF NY MELLON CORP SR UNSECURED 01/30 VAR | 0.09% | 0.02% | 0.02% |
| SUMITOMO MITSUI FINL GRP SR UNSECURED 07/31 VAR | 0.26% | 0.01% | 0.01% |
| EURO CURRENCY | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do FLRN and SPIB overlap?
FLRN and SPIB overlap by 0.5% of portfolio weight. They share 12 holdings (FLRN holds 543 positions and SPIB holds 5248), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLRN and SPIB?
The two portfolios are 0.5% 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 SPIB?
The largest positions held by both funds are GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR, MORGAN STANLEY SR UNSECURED 01/30 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR, MIZUHO FINANCIAL GROUP SR UNSECURED 05/31 VAR and AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR. Together the top 10 shared positions account for 98% of the total overlap.
What does FLRN own that SPIB 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, 5236 positions (123.7% of SPIB) are unique to SPIB.