FTSL vs HYLB: Holdings Overlap
FTSLFirst Trust Senior Loan Fund
First Trust · 282 holdings · $2.3B · as of 2026-04-30
HYLBXtrackers USD High Yield Corporate Bond ETF
Xtrackers (DWS) · 1277 holdings · $3.5B · as of 2026-05-29
How similar are FTSL and HYLB?
First Trust Senior Loan Fund (FTSL, by First Trust) holds 282 positions; Xtrackers USD High Yield Corporate Bond ETF (HYLB, by Xtrackers (DWS)) holds 1277. They have 39 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39FTSL holds 282 · HYLB holds 1277
- Weight in Shared Holdings
- FTSL 10%·HYLB 5%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 FTSL
243 of 282 positions (85.4% of the fund) are not held by HYLB. Showing the top 30 by weight.
- WHATABRANDS LLC 08/03/282.04%
- ATHENAHEALTH GR 02/14/291.80%
- IRB Holding Corp., Term Loan B1.59%
- WHITE CAP BUYER 10/19/291.30%
- TRANSDIGM INC T 03/22/301.24%
- TAMKO BUILDING 09/20/301.24%
Only in HYLB
1238 of 1277 positions (92.3% of the fund) are not held by FTSL. Showing the top 30 by weight.
- 1261229 BC Ltd.0.53%
- PR RNO Property Owner 1, LLC0.40%
- Quikrete Holdings, Inc.0.35%
- Cloud Software Group, Inc.0.35%
- Asurion LLC/ Asurion Co-Issuer Inc0.30%
- Nexstar Media, Inc.0.29%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FTSL | +0.8% | +1.5% | +4.0% | +6.8% | +5.2% | +4.4% | 6.36% |
| HYLB | +0.4% | +2.5% | +5.7% | +8.6% | +4.0% | — | 6.52% |
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 FTSL vs HYLB →
Shared Holdings(39)
The top 10 shared positions account for 53% of the overlap, led by EchoStar Corp., Cloud Software Group, Inc. and DISH Network Corp..
| EchoStar Corp. | 0.40% | 0.51% | 0.40% |
|---|---|---|---|
| Cloud Software Group, Inc. | 0.41% | 0.33% | 0.33% |
| DISH Network Corp. | 0.48% | 0.32% | 0.32% |
| Panther Escrow Issuer LLC | 0.48% | 0.28% | 0.28% |
| Centene Corp. | 0.25% | 0.28% | 0.25% |
| 1011778 BC ULC / New Red Finance Inc. | 0.70% | 0.24% | 0.24% |
| Neptune Bidco US, Inc. | 0.25% | 0.23% | 0.23% |
| Talen Energy Supply LLC | 0.21% | 0.21% | 0.21% |
| QXO Building Products, Inc. | 0.84% | 0.20% | 0.20% |
| Rocket Cos., Inc. | 0.29% | 0.17% | 0.17% |
| TransDigm, Inc. | 0.13% | 0.13% | 0.13% |
| Tenet Healthcare Corp. | 0.20% | 0.13% | 0.13% |
| Sinclair Television Group, Inc. | 0.29% | 0.13% | 0.13% |
| Jane Street Group / JSG Finance Inc. | 0.12% | 0.14% | 0.12% |
| Talen Energy Supply LLC | 0.21% | 0.11% | 0.11% |
| Rocket Cos., Inc. | 0.10% | 0.18% | 0.10% |
| PetSmart LLC / PetSmart Finance Corp | 0.10% | 0.17% | 0.10% |
| BELRON 5.75 10/15/29 144a | 0.17% | 0.10% | 0.10% |
| TransDigm, Inc. | 0.14% | 0.09% | 0.09% |
| Allied Universal Holdco LLC / Allied Universal Finance Corp. | 0.15% | 0.09% | 0.09% |
| CSC Holdings, LLC | 0.61% | 0.09% | 0.09% |
| GFL Environmental, Inc. | 0.38% | 0.09% | 0.09% |
| Osaic Holdings, Inc. | 0.11% | 0.09% | 0.09% |
| Post Holdings, Inc. | 1.16% | 0.09% | 0.09% |
| Performance Food Group, Inc. | 0.20% | 0.09% | 0.09% |
Frequently Asked Questions
How much do FTSL and HYLB overlap?
FTSL and HYLB overlap by 5.0% of portfolio weight. They share 39 holdings (FTSL holds 282 positions and HYLB holds 1277), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTSL and HYLB?
The two portfolios are 5.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FTSL and HYLB?
The largest positions held by both funds are EchoStar Corp., Cloud Software Group, Inc., DISH Network Corp., Panther Escrow Issuer LLC and Centene Corp.. Together the top 10 shared positions account for 53% of the total overlap.
What does FTSL own that HYLB doesn't?
243 positions (85.4% of FTSL) are unique to FTSL, led by WHATABRANDS LLC 08/03/28, ATHENAHEALTH GR 02/14/29 and IRB Holding Corp., Term Loan B. In the other direction, 1238 positions (92.3% of HYLB) are unique to HYLB.