FTSL vs SHYG: Holdings Overlap
FTSLFirst Trust Senior Loan Fund
First Trust · 282 holdings · $2.3B · as of 2026-04-30
SHYGiShares 0-5 Year High Yield Corporate Bond ETF
iShares · 1154 holdings · $7.6B · as of 2026-04-30
How similar are FTSL and SHYG?
First Trust Senior Loan Fund (FTSL, by First Trust) holds 282 positions; iShares 0-5 Year High Yield Corporate Bond ETF (SHYG, by iShares) holds 1154. They have 14 holdings in common, and by portfolio weight the two funds are 2.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14FTSL holds 282 · SHYG holds 1154
- Weight in Shared Holdings
- FTSL 4%·SHYG 3%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
268 of 282 positions (90.9% of the fund) are not held by SHYG. 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 SHYG
1140 of 1154 positions (94.1% of the fund) are not held by FTSL. Showing the top 30 by weight.
- Cloud Software Group Inc0.46%
- WULF Compute LLC0.39%
- HUB International Ltd0.39%
- Venture Global LNG Inc0.38%
- American Airlines Inc/AAdvantage Loyalty IP Ltd0.35%
- CCO Holdings LLC / CCO Holdings Capital Corp0.35%
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% |
| SHYG | +0.3% | +2.4% | +5.3% | +7.9% | +5.0% | +5.0% | 7.01% |
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 SHYG →
Shared Holdings(14)
The top 10 shared positions account for 94% of the overlap, led by Cloud Software Group, Inc., EchoStar Corp. and DISH Network Corp..
| Cloud Software Group, Inc. | 0.41% | 0.44% | 0.41% |
|---|---|---|---|
| EchoStar Corp. | 0.40% | 0.53% | 0.40% |
| DISH Network Corp. | 0.48% | 0.37% | 0.37% |
| Neptune Bidco US, Inc. | 0.25% | 0.31% | 0.25% |
| Rocket Cos., Inc. | 0.29% | 0.24% | 0.24% |
| 1011778 BC ULC / New Red Finance Inc. | 0.70% | 0.24% | 0.24% |
| BELRON 5.75 10/15/29 144a | 0.17% | 0.14% | 0.14% |
| Allied Universal Holdco LLC / Allied Universal Finance Corp. | 0.15% | 0.13% | 0.13% |
| CSC Holdings, LLC | 0.61% | 0.13% | 0.13% |
| GFL Environmental, Inc. | 0.38% | 0.12% | 0.12% |
| Graphic Packaging International LLC | 0.08% | 0.05% | 0.05% |
| Graphic Packaging International LLC | 0.10% | 0.05% | 0.05% |
| Sirius XM Radio LLC | 0.04% | 0.23% | 0.04% |
| Viking Ocean Cruises Ship VII Ltd. | 0.43% | 0.03% | 0.03% |
Frequently Asked Questions
How much do FTSL and SHYG overlap?
FTSL and SHYG overlap by 2.6% of portfolio weight. They share 14 holdings (FTSL holds 282 positions and SHYG holds 1154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTSL and SHYG?
The two portfolios are 2.6% 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 SHYG?
The largest positions held by both funds are Cloud Software Group, Inc., EchoStar Corp., DISH Network Corp., Neptune Bidco US, Inc. and Rocket Cos., Inc.. Together the top 10 shared positions account for 94% of the total overlap.
What does FTSL own that SHYG doesn't?
268 positions (90.9% 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, 1140 positions (94.1% of SHYG) are unique to SHYG.