FLRN vs SPSB: Holdings Overlap
FLRNState Street® SPDR® Bloomberg Investment Grade Floating Rate ETF
State Street (SPDR) · 543 holdings · $3.0B · as of 2026-08-06
SPSBState Street® SPDR® Portfolio Short Term Corporate Bond ETF
State Street (SPDR) · 1618 holdings · $10.7B · as of 2026-08-06
How similar are FLRN and SPSB?
State Street® SPDR® Bloomberg Investment Grade Floating Rate ETF (FLRN, by State Street (SPDR)) holds 543 positions; State Street® SPDR® Portfolio Short Term Corporate Bond ETF (SPSB, by State Street (SPDR)) holds 1618. They have 9 holdings in common, and by portfolio weight the two funds are 1.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9FLRN holds 543 · SPSB holds 1618
- Weight in Shared Holdings
- FLRN 1%·SPSB 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 FLRN
534 of 543 positions (97.5% of the fund) are not held by SPSB. 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 SPSB
1609 of 1618 positions (97.3% of the fund) are not held by FLRN. Showing the top 30 by weight.
- SALESFORCE INC SR UNSECURED 03/29 4.650.64%
- MORGAN STANLEY SR UNSECURED 04/30 VAR0.59%
- AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/28 30.45%
- BANK OF AMERICA CORP SR UNSECURED 12/28 VAR0.45%
- MORGAN STANLEY SR UNSECURED 07/29 VAR0.37%
- PFIZER INVESTMENT ENTER COMPANY GUAR 05/28 4.450.35%
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% |
| SPSB | +0.4% | +1.5% | +3.6% | +5.3% | +2.8% | +2.6% | 4.36% |
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 SPSB →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by MIZUHO FINANCIAL GROUP SR UNSECURED 07/30 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR and MORGAN STANLEY SR UNSECURED 01/30 VAR.
| MIZUHO FINANCIAL GROUP SR UNSECURED 07/30 VAR | 0.25% | 0.30% | 0.25% |
|---|---|---|---|
| GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR | 0.23% | 0.35% | 0.23% |
| MORGAN STANLEY SR UNSECURED 01/30 VAR | 0.20% | 0.41% | 0.20% |
| AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR | 0.28% | 0.19% | 0.19% |
| TRUIST BANK SR UNSECURED 01/29 VAR | 0.13% | 0.16% | 0.13% |
| WELLS FARGO + COMPANY SR UNSECURED 01/30 VAR | 0.15% | 0.09% | 0.09% |
| GOLDMAN SACHS GROUP INC SR UNSECURED 04/30 VAR | 0.15% | 0.09% | 0.09% |
| BANK OF NY MELLON CORP SR UNSECURED 01/30 VAR | 0.09% | 0.03% | 0.03% |
| EURO CURRENCY | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do FLRN and SPSB overlap?
FLRN and SPSB overlap by 1.2% of portfolio weight. They share 9 holdings (FLRN holds 543 positions and SPSB holds 1618), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FLRN and SPSB?
The two portfolios are 1.2% 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 SPSB?
The largest positions held by both funds are MIZUHO FINANCIAL GROUP SR UNSECURED 07/30 VAR, GOLDMAN SACHS GROUP INC SR UNSECURED 01/29 VAR, MORGAN STANLEY SR UNSECURED 01/30 VAR, AMERICAN EXPRESS CO SR UNSECURED 07/29 VAR and TRUIST BANK SR UNSECURED 01/29 VAR. Together the top 9 shared positions account for 100% of the total overlap.
What does FLRN own that SPSB doesn't?
534 positions (97.5% 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, 1609 positions (97.3% of SPSB) are unique to SPSB.