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 2022-10-20

Cost/Risk/Yield

Dividend yield3.96%
Expense ratio0.66%
Average spread0.408%
1Y roundtrip cost1.068%

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%
20211.0%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%
20192.2%1.8%-0.2%1.8%-0.7%-0.2%0.9%-0.7%0.5%-0.5%0.7%1.2%6.9%
20181.4%-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%
20150.2%1.7%0.1%0.8%0.0%-0.6%-0.7%-2.5%-0.0%0.5%-1.1%-0.7%-2.3%
20141.0%-0.1%0.2%0.2%0.3%0.7%-0.3%0.3%-1.3%0.6%0.5%-1.6%0.6%
20131.1%-0.6%0.7%0.9%0.1%-0.9%1.3%-0.5%0.2%0.8%0.3%0.4%3.9%
20121.7%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
20220.040.030.030.030.050.050.060.060.060.050.48
20210.030.030.030.030.030.030.030.060.050.050.040.060.45
20200.070.060.070.040.040.040.040.030.040.040.030.020.52
20190.070.070.070.080.090.070.070.080.060.050.050.060.83
20180.070.070.070.070.070.080.070.070.070.070.070.090.86
20170.070.070.080.070.080.080.070.070.070.070.080.070.86
20160.070.070.070.070.070.060.070.070.070.070.070.000.76
20150.070.060.060.060.060.060.060.070.070.070.070.070.79
20140.080.080.080.080.070.080.070.080.050.050.060.060.85
20130.100.090.080.090.090.090.080.080.080.080.070.131.06
20120.150.15
0.680.620.630.610.650.630.630.660.620.590.550.72

Sectors and Top Holdings

Security % Assets
Cash Component100.00%
Top 1 Weights100.00%

Compare with similar ETFs

SNLN MLPA NRGU REML TBX USOI
Product nameHighland/iBoxx Senior Loan ETFGlobal X MLP ETFMicroSectors U.S. Big Oil Index 3X Leveraged ETNX-Links Monthly Pay 2xLeveraged Mortgage REIT ETNShort 7-10 Year Treasury ETFCredit Suisse X-Links Crude Oil Shares Covered Call ETN
IssuerHighlandGlobal XREX MicrosectorsCredit SuisseProSharesCredit Suisse
Price$14.69$41.93$530.73$5.99$29.6$85.28
Expense Ratio0.66%better0.46%worse0.95%worse1.3%worse0.95%worse0.85%
Average Spread0.408%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
Shares2,404,74728,420,0793,670,00030,443,8284,384,96128,028,419
Average Daily Volume12,560156,383208,830807,644214,510154,125
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2012-11-082012-04-182019-04-092016-07-122011-04-042017-04-25
Index TrackedMarkit iBoxx USD Liquid Leveraged Loan IndexSolactive MLP Infrastructure IndexSolactive MicroSectors U.S. Big Oil IndexFTSE Nareit All Mortgage CappedICE U.S. Treasury 7-10 Year Bond IndexCredit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index
CategoryHigh Yield BondsMLPsLeveraged EquitiesLeveraged Real EstateInverse BondsCommodities
Asset ClassBondEquityEquityReal EstateBondMulti-Asset
Asset Class SizeLarge/Mid/Small Caps
Value or GrowthBlendBlendBlend
RegionNorth America
CountriesBroadU.S.U.S.U.S.U.S.Broad
Annual Dividend Rate$0.581$2.2$0$0$0$36.847
Annual Dividend Yield0.040%0.052%0.000%0.000%0.000%0.432%
Number of Holdings7720
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-0.04-0.091.55-1.870.03-1.25
Downside Beta0.080.69-2.10-0.830.10-1.02
Volatility 1Y4.99%26.03%111.94%35.49%9.65%30.91%
Sharpe Ratio 3Y-0.840.14-0.16-0.440.61-0.57
Treynor Ratio 3Y0.020.000.010.01-0.010.01

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew