Highland/iBoxx Senior Loan ETF (SNLN)
Description
The investment seeks to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. The SNLN ETF contains 77 constituents. It is focused on holdings in the region.
Price $14.69 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 3.96% |
| Expense ratio | 0.66% |
| Average spread | 0.408% |
| 1Y roundtrip cost | 1.068% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -0.2% | -0.8% | -0.2% | -0.2% | -2.8% | -2.0% | 2.1% | 0.5% | -2.0% | 0.8% | -4.7% | ||
| 2021 | 1.0% | 0.2% | -0.1% | 0.3% | 0.0% | 0.4% | -0.5% | 0.4% | -0.0% | 0.3% | -0.7% | 0.7% | 2.1% |
| 2020 | -0.2% | -2.3% | -8.4% | 1.3% | 2.1% | -0.8% | 1.2% | 0.5% | -1.2% | -0.5% | 2.2% | 0.7% | -5.4% |
| 2019 | 2.2% | 1.8% | -0.2% | 1.8% | -0.7% | -0.2% | 0.9% | -0.7% | 0.5% | -0.5% | 0.7% | 1.2% | 6.9% |
| 2018 | 1.4% | -0.1% | 0.5% | 0.2% | -0.1% | -0.2% | 1.0% | 0.6% | 0.5% | -0.7% | -1.2% | -2.8% | -0.9% |
| 2017 | -0.0% | 0.5% | -0.3% | 0.5% | 0.3% | -0.4% | 0.7% | -0.3% | 0.3% | 0.6% | -0.1% | 0.1% | 1.7% |
| 2016 | -0.5% | 0.0% | 2.7% | 1.7% | 0.4% | -0.3% | 1.5% | 0.5% | 0.6% | 0.1% | 0.1% | 1.4% | 8.3% |
| 2015 | 0.2% | 1.7% | 0.1% | 0.8% | 0.0% | -0.6% | -0.7% | -2.5% | -0.0% | 0.5% | -1.1% | -0.7% | -2.3% |
| 2014 | 1.0% | -0.1% | 0.2% | 0.2% | 0.3% | 0.7% | -0.3% | 0.3% | -1.3% | 0.6% | 0.5% | -1.6% | 0.6% |
| 2013 | 1.1% | -0.6% | 0.7% | 0.9% | 0.1% | -0.9% | 1.3% | -0.5% | 0.2% | 0.8% | 0.3% | 0.4% | 3.9% |
| 2012 | 1.7% | 1.7% | |||||||||||
| 5.8% | 0.4% | -5.0% | 7.6% | -0.3% | -4.3% | 7.3% | -1.1% | -2.5% | 2.0% | 0.7% | 1.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.04 | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 | 0.48 | ||
| 2021 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.05 | 0.05 | 0.04 | 0.06 | 0.45 |
| 2020 | 0.07 | 0.06 | 0.07 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.03 | 0.02 | 0.52 |
| 2019 | 0.07 | 0.07 | 0.07 | 0.08 | 0.09 | 0.07 | 0.07 | 0.08 | 0.06 | 0.05 | 0.05 | 0.06 | 0.83 |
| 2018 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.09 | 0.86 |
| 2017 | 0.07 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.86 |
| 2016 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.00 | 0.76 |
| 2015 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.79 |
| 2014 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.07 | 0.08 | 0.05 | 0.05 | 0.06 | 0.06 | 0.85 |
| 2013 | 0.10 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.13 | 1.06 |
| 2012 | 0.15 | 0.15 | |||||||||||
| 0.68 | 0.62 | 0.63 | 0.61 | 0.65 | 0.63 | 0.63 | 0.66 | 0.62 | 0.59 | 0.55 | 0.72 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Cash Component | 100.00% |
| Top 1 Weights | 100.00% |
Compare with similar ETFs
| SNLN | MLPA | NRGU | REML | TBX | USOI | |
|---|---|---|---|---|---|---|
| Product name | Highland/iBoxx Senior Loan ETF | Global X MLP ETF | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | Short 7-10 Year Treasury ETF | Credit Suisse X-Links Crude Oil Shares Covered Call ETN |
| Issuer | Highland | Global X | REX Microsectors | Credit Suisse | ProShares | Credit Suisse |
| Price | $14.69 | $41.93 | $530.73 | $5.99 | $29.6 | $85.28 |
| Expense Ratio | 0.66% |  0.46% |  0.95% | 1.3% | 0.95% | 0.85% |
| Average Spread | 0.408% | 0.072% | 0.038% | 0.334% | 0.068% | 0.012% |
| AUM | $35,325,700 | $1,191,650,000 | $1,947,780,000 | $182,359,000 | $129,795,000 | $2,390,260,000 |
| Shares | 2,404,747 | 28,420,079 | 3,670,000 | 30,443,828 | 4,384,961 | 28,028,419 |
| Average Daily Volume | 12,560 | 156,383 | 208,830 | 807,644 | 214,510 | 154,125 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2012-11-08 | 2012-04-18 | 2019-04-09 | 2016-07-12 | 2011-04-04 | 2017-04-25 |
| Index Tracked | Markit iBoxx USD Liquid Leveraged Loan Index | Solactive MLP Infrastructure Index | Solactive MicroSectors U.S. Big Oil Index | FTSE Nareit All Mortgage Capped | ICE U.S. Treasury 7-10 Year Bond Index | Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index |
| Category | High Yield Bonds | MLPs | Leveraged Equities | Leveraged Real Estate | Inverse Bonds | Commodities |
| Asset Class | Bond | Equity | Equity | Real Estate | Bond | Multi-Asset |
| Asset Class Size | Large/Mid/Small Caps | |||||
| Value or Growth | Blend | Blend | Blend | |||
| Region | North America | |||||
| Countries | Broad | U.S. | U.S. | U.S. | U.S. | Broad |
| Annual Dividend Rate | $0.581 | $2.2 | $0 | $0 | $0 | $36.847 |
| Annual Dividend Yield | 0.040% | 0.052% | 0.000% | 0.000% | 0.000% | 0.432% |
| Number of Holdings | 77 | 20 | ||||
| YTD Return | -4.65% | 24.29% | 226.84% | 0.00% | 21.71% | 13.04% |
| Beta | -0.24 | -1.38 | -2.32 | -3.11 | -0.31 | -1.44 |
| Upside Beta | -0.04 | -0.09 | 1.55 | -1.87 | 0.03 | -1.25 |
| Downside Beta | 0.08 | 0.69 | -2.10 | -0.83 | 0.10 | -1.02 |
| Volatility 1Y | 4.99% | 26.03% | 111.94% | 35.49% | 9.65% | 30.91% |
| Sharpe Ratio 3Y | -0.84 | 0.14 | -0.16 | -0.44 | 0.61 | -0.57 |
| Treynor Ratio 3Y | 0.02 | 0.00 | 0.01 | 0.01 | -0.01 | 0.01 |