FTSL vs SPY: Holdings Overlap
FTSLFirst Trust Senior Loan Fund
First Trust · 282 holdings · $2.3B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (FTSL: 2026-04-30, SPY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FTSL and SPY?
First Trust Senior Loan Fund (FTSL, by First Trust) holds 282 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0FTSL holds 282 · SPY holds 504
- Weight in Shared Holdings
- FTSL 0%·SPY 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 FTSL
282 of 282 positions (95.4% of the fund) are not held by SPY. 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%
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do FTSL and SPY overlap?
FTSL and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (FTSL holds 282 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTSL and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does FTSL own that SPY doesn't?
282 positions (95.4% 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, 504 positions (99.9% of SPY) are unique to SPY.