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LONZvsUSLNETF Comparison

ETF 1
LONZ

PIMCO Senior Loan Active Exchange-Traded Fund

This fund is part of
US Aggregate Bonds
-0.23%
VS
ETF 2
USLN

iShares Broad USD Floating Rate Loan ETF

This fund is part of
US Corporate HY Bonds
-0.17%

PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and iShares Broad USD Floating Rate Loan ETF (USLN) have similar underlying exposures to countries and sectors. LONZ's top 3 sector exposures are Technology, Industrials and Energy. In contrast, USLN's top sector exposures are Non-Corporate, Finance and Industrials. LONZ is more expensive with a Total Expense Ratio (TER) of 0.73%, versus 0.43% for USLN. Run a side-by-side ETF comparison of LONZ and USLN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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LONZ vs USLN performance and flow charts

Performance

-0.50.00.51.0%Jul 31Aug 7Aug 14Aug 21Aug 28

Cumulative Flows

05,000,00010,000,00015,000,000Jul 31Aug 7Aug 14Aug 21Aug 28

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/01/2026
1M3MYTD1Y3Y5Y
Perf.
LONZ
USLN
+0.16%+1.01%
+0.27%+1.63%
+1.81%n/a
+3.54%n/a
+21.84%n/a
n/an/a
Flows
LONZ
USLN
+$17M-
+$71M-
+$130M-
-$73M-
+$399M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
LONZ
USLN
+1.86%+1.01%
+1.73%n/a
+1.80%n/a
n/an/a
Max drawdown
LONZ
USLN
-0.22%-0.39%
-1.50%n/a
-2.85%n/a
n/an/a
Max drawdown duration
LONZ
USLN
10d30d
107dn/a
102dn/a
n/an/a
Trading data

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LONZ
USLN
Last sale
9/2/2026 at 1:30 PM
$49.10
Previous close
09/01/2026
$49.12
Consolidated volume
09/01/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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LONZ
is actively managed and doesn’t replicate an index

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LONZ
USLN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
LONZ
USLN
Last price
$49.10
1D performance
-0.03%
AuM$599.35 M$22.80 M
E/R0.73%0.43%
Characteristics
LONZ
USLN
Management strategyActivePassive
ProviderPIMCOiShares
Benchmark-Morningstar LSTA US Leveraged Loan Broad Select Index
N° of holdings71917
Asset class--
Trailing 12m distribution yield
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Inception dateJune 8, 2022March 3, 2026
ESGNoNo
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Exposure

Countries

LONZ
Other
100%
USLN
USA
15.76%
Other
84.24%

Sectors

LONZ
Other
100%
USLN
Other
100%
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Diversification

LONZ

Total weight of top 15 holdings out of 15

18.66%
USLN

Total weight of top 15 holdings out of 15

18.75%

Top 15 holdings

Data as of July 31, 2026
LONZ
US47077DAM20
1.73%
US44988LAM90
1.59%
XAC0787FAL67
1.30%
US89364MCA09
1.30%
US96244UAJ60
1.30%
US68163YAJ47
1.30%
Meta Platforms, 6.581% 30may2049, USD
1.24%
US78397GAM33
1.16%
US50180PAB76
1.16%
US57777YAG17
1.15%
US01881UAN54
1.15%
US74345HAJ05
1.14%
US75915TAK88
1.12%
US67123SAB51
1.02%
US74839XAK54
1.01%
USLN
BlackRock Cash Funds - Treasury
6.04%
US89841EAB11
1.05%
US07014QAP63
0.99%
US78466DBJ28
0.99%
US74345HAJ05
0.98%
US59909TAC80
0.98%
US11132VAY56
0.97%
US57906HAF47
0.89%
US22526WAU27
0.88%
XAN8137FAE06
0.88%
US04686RAF01
0.87%
US43644ABL26
0.87%
XAG4712JBB70
0.84%
XAC8000CAR43
0.77%
US74339NAG16
0.75%
Frequently asked questions about LONZ and USLN

Which ETF is bigger: LONZ or USLN?

As of September 1, 2026, LONZ holds $599.35 M in assets under management (AUM), while USLN manages $22.80 M.

What are the top holdings of the LONZ ETF and USLN ETF?

LONZ top holdings include US47077DAM20, US44988LAM90 and XAC0787FAL67. USLN holds in its top three: BlackRock Cash Funds - Treasury, US89841EAB11 and US07014QAP63.

Which ETF is more diversified: LONZ or USLN?

LONZ holds 199 securities with 18.66% of its assets in the top 15. USLN has 2167 securities and a top 15 weight of 18.75%.

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