LVLN State Street SPDR S&P Leveraged Loan ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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LVLN — —
Key stats
About

State Street SPDR S&P Leveraged Loan ETF (LVLN) ETF

No description available.

Exchange
ARCX
Inception
2025-11-17
Has Options
No
Homepage
https://www.ssga.com/us/en/individual/etfs
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jun 2026flows, SEC filings
Taxable Bond Bank Loans & CLOs#34 of 55 by assets State Street SPDR Actively managed
Expense ratio
0.40%
issuer, Oct 22, 2026
Assets
$51M
issuer-reported, Oct 21, 2026
Trailing yield
6.05%
paid monthly
Average daily volume
$116K
30 sessions
Holdings
197
top 10 are 10.1%
Listed
Nov 17, 2025
NYSE Arca
Net asset value
$24.51
issuer, Oct 20, 2026 · closed +0.05% to NAV
Median bid/ask spread
0.16%
30 days, issuer-reported
30-day SEC yield
7.09%
issuer
Closure risk, 12 months
6.5%
low: trading volume, age · model
FrenzyCap ETF score
35
how it is built
Cost34
Liquidity2
Scale13
Diversification100

Moves with. High yield over Treasuries (13% of its variance, beta 0.41); Long Treasuries (9% of its variance, beta 0.15). These factors explain 24% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. The State Street SPDR S&P Leveraged Loan ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks the broad U.S. leveraged loan market. (from the fund's prospectus)

All 197 holdingsFlow historyOverlap toolAll Bank Loans & CLOs ETFs

Fund flows
daily as of Oct 19, 2026issuer datathrough Jun 2026SEC filings
Oct 19, 2026
$0
latest day
Latest 5 trading days
$0
Latest 21 trading days
+$2.5M
+4.8% of assets
Year to date
+$2.5M
Each day
Net creations of LVLN by day, Sep 21, 2026 to Oct 19, 2026
DayNet flow
Oct 19, 2026$0
Oct 16, 2026$0
Oct 15, 2026$0
Oct 14, 2026$0
Oct 13, 2026$0
Oct 12, 2026$0
Oct 9, 2026$0
Oct 8, 2026$0
Oct 7, 2026$0
Oct 6, 2026$0
Oct 5, 2026$0
Oct 2, 2026$0
Oct 1, 2026$0
Sep 30, 2026$0
Sep 29, 2026$0
Sep 28, 2026+$2.5M
Sep 25, 2026$0
Sep 24, 2026$0
Sep 23, 2026$0
Sep 22, 2026$0
Sep 21, 2026$0

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

Jun 2026
$0
latest reported month
Latest 3 months
$0
0.0% of assets
Latest 12 months
—
Nov 2025: +$50M+$50MNovDec 2025: $0DecJan 2026: $0JanFeb 2026: −$4.9M−$4.9MFebMar 2026: $0MarApr 2026: $0AprMay 2026: $0MayJun 2026: $0Jun
View as a table
Net flows of LVLN by month, Nov 2025 to Jun 2026
MonthNet flow
Jun 2026$0
May 2026$0
Apr 2026$0
Mar 2026$0
Feb 2026−$4.9M
Jan 2026$0
Dec 2025$0
Nov 2025+$50M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 8 months ago

Similar funds
FundOverlapFeeAssets1Y
JAAAJanus Henderson AAA CLO ETF—0.20%$32.6B−0.0%compare
PAAAPGIM AAA CLO ETF—0.19%$10.2B+0.1%compare
BKLNInvesco Senior Loan ETF—0.65%$6.2B−2.2%compare
SRLNState Street Blackstone Senior Loan ETF—0.70%$5.4B−3.3%compare
CLOABlackRock ETF Trust II iShares AAA CLO Active ETF—0.20%$2.8B+0.1%compare

The largest other funds in the Bank Loans & CLOs category.

Under the hood
fiscal year to Dec 31, 2025SEC census
Authorized participants
5 active
of 41 with agreements; top 3 did 60%
Created · redeemed
$50M · $0
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
100,000
shares
Securities lending
authorized, none lent
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-21
Holdings
198
AUM
$51.5M
Provider
SPDR (State Street)
Inception
2025-11-17
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.40%
Dividend Yield
6.05%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-01 2026-10-06 $0.1370 CD
2026-09-01 2026-09-04 $0.1494 CD
2026-08-03 2026-08-06 $0.1401 CD
2026-07-01 2026-07-07 $0.1466 CD
2026-06-01 2026-06-04 $0.1524 CD
2026-05-01 2026-05-06 $0.1383 CD
Asset Allocation
Top Holdings
top 50 of 198 holdings
Symbol Name Weight % Asset Class Country
— Osaic Holdings, Inc Term B-1 Loans 07/30/2032 1.42% Corporate Bond —
— Delta 2 (Lux) S.a.r.l. Term Loan B 09/30/2031 0.96% Corporate Bond —
— IS An03 LLC Commitments 11/15/2030 0.96% Corporate Bond —
— Mister Car Wash Holdings, Inc. 2026 Term Loans 09/23/2033 0.96% Corporate Bond —
— MRP BUYER LLC Amendment No. 3 Incremental Term Loan Commitment 06/04/2032 0.96% Corporate Bond —
— Gainwell Acquisition Corp Term B 08/19/2031 0.96% Corporate Bond —
— TK Elevator Midco GmbH Term Loan B-1 04/30/2030 0.96% Corporate Bond —
— CLEARLIGHT ENERGY HOLDINGS LP Closing Term Loan 09/19/2033 0.96% Corporate Bond —
— Great Outdoors Group, LLC Term Loan B 01/23/2032 0.96% Corporate Bond —
— Amneal Pharmaceuticals LLC 2026 TERM LOAN B 08/02/2032 0.96% Corporate Bond —
— Student Transportation of America Holdings, Inc. 2026-2 Refinance Term Loan 06/24/2032 0.96% Corporate Bond —
— FERTITTA ENTERTAINMENT, LLC Initial B Term Loan 01/29/2029 0.95% Corporate Bond —
— MRP BUYER LLC Closing Date Term Loan 06/04/2032 0.95% Corporate Bond —
— Hunter Douglas Inc Tranche B-1 Term Loan 01/16/2032 0.95% Corporate Bond —
— Mavis Tire Express Services Topco, Corp. 2026-1 First Lien Incremental Term Loan 05/06/2033 0.95% Corporate Bond —
— Clover Holdings 2 LLC Initial Floating Rate Term Loans 12/09/2031 0.95% Corporate Bond —
— Zelis Payments Buyer Inc Amendment No. 5 Term Loans 11/26/2031 0.94% Corporate Bond —
— Trident TPI Holdings, Inc. TRANCHE B-7 TERM LOAN 09/15/2028 0.92% Corporate Bond —
— South Field Energy LLC TLB 08/29/2031 0.91% Corporate Bond —
— Truist Insurance Holdings Inc Initial Term Loan 05/06/2032 0.91% Corporate Bond —
— US Fertility Enterprises, LLC Initial Term Loans 12/30/2032 0.91% Corporate Bond —
— CLOUD SOFTWARE GROUP INC Initial Dollar Term B Loans 08/16/2032 0.90% Corporate Bond —
— Nouryon Finance B.V. 2026 Dollar Term Loan 07/08/2031 0.89% Corporate Bond —
— Polaris Newco LLC Dollar Term Loan 06/02/2028 0.89% Corporate Bond —
— Savor Acquisition Inc. Initial Term Loan 02/19/2032 0.87% Corporate Bond —
— McAfee Corp Tranche B-1 Term Loans 03/01/2029 0.87% Corporate Bond —
— Asurion, LLC New B-14 Term Loan 02/23/2033 0.85% Corporate Bond —
— Star Parent Inc Term Loan 09/27/2030 0.85% Corporate Bond —
— Naples US Holdco Inc Term Loan 09/16/2033 0.84% Corporate Bond —
— First Eagle Holdings, Inc. Initial Term Loans 08/16/2032 0.82% Corporate Bond —
— Scientific Games Holdings LP 2024 Refinancing Dollar Term Loans 04/04/2029 0.81% Corporate Bond —
— Resurge Buyer LLC Initial Term Loans 09/30/2033 0.80% Corporate Bond —
— Albion Financing 3 SARL 2025 Amended US Dollar Term Loans 05/21/2031 0.77% Corporate Bond —
— Acrisure, LLC Term B6 11/06/2030 0.76% Corporate Bond —
— BCPE HIPH Parent, Inc. Initial Term Loan 07/05/2033 0.70% Corporate Bond —
— Hudson River Trading LLC Term B-2 Loan 03/18/2030 0.67% Corporate Bond —
— Project Alpha Intermediate Holding, Inc. Second Amendment Refinancing Term Loans 10/28/2030 0.65% Corporate Bond —
— Curium BidCo S.A.R.L 2025 Additional Term Loan 08/06/2031 0.57% Corporate Bond —
— KASEYA INC. Initial Term Loans 03/21/2033 0.54% Corporate Bond —
— Clydesdale Acquisition Holdings Inc Term B Loans 04/01/2032 0.54% Corporate Bond —
— Columbus McKinnon Corporation Term Loan B 02/03/2033 0.51% Corporate Bond —
— Catawba Nation Gaming Authority Initial Term B Loans 03/29/2032 0.49% Corporate Bond —
— OakEagle AcquireCo Inc Tranche B-1 Term Loans 08/04/2033 0.48% Corporate Bond —
— Clean Energy Future - Trumbull, LLC Term B Advance 04/29/2033 0.48% Corporate Bond —
— TULIP HOLDCO DE LLC Term Loan B 08/04/2033 0.48% Corporate Bond —
— AEA International Holdings (Luxembourg) S.a.r.l Initial Term Loan 07/29/2033 0.48% Corporate Bond —
— WH Borrower LLC Term Loan B 02/20/2032 0.48% Corporate Bond —
— Pioneer OpCo, LLC Term Loan B 05/16/2033 0.48% Corporate Bond —
— Saratoga Food Specialties LLC Additional Term Facility 13 09/13/2032 0.48% Corporate Bond —
— Cushman & Wakefield U.S. Borrower, LLC Amendment No.14 Term Loan 06/13/2033 0.48% Corporate Bond —
Non-Equity Breakdown
State Street(R) SPDR(R) S&P(R) Leveraged Loan ETF · NPORT-P period 2026-06-30 (filed 2026-08-28)
Net assets: $44M · 189 total positions · equity 0.00% · non-equity 104.24%
Non-equity holdings — 189 positions, 104.24% of NAV
Category Weight Value Positions
Corporate 98.88% $43.9M 178
Short-term investment 2.95% $1.3M 3
Corporate 1.86% $824412 7
Loan 0.56% $249141 1
Chart
Seasonality
'25'26Avg
Jan---0.04%-0.04%
Feb---1.93%-1.93%
Mar--1.02%1.02%
Apr--1.10%1.10%
May--0.57%0.57%
Jun---0.16%-0.16%
Jul--0.28%0.28%
Aug--1.32%1.32%
Sep---0.08%-0.08%
Oct--0.08%*0.08%
Nov0.04%--0.04%
Dec0.81%--0.81%
Total0.85%2.14%1.50%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.62
SMA 50: $24.74
SMA 200: $24.76
Current: $24.61
EMA 12: $24.59
EMA 26: $24.64
MACD: -0.0547 | Signal: 0.0026
BEARISH
ADX (14): 17.83
RANGE
+DI: 23.91
−DI: 21.79

Momentum Oscillators

RSI (14): 44.79
NEUTRAL
Stoch %K: 23.55
Stoch %D: 19.32
Williams %R: -42.86

Volume & Volatility

BB Upper: $24.77
BB Lower: $24.47
NEUTRAL
OBV: -224,380
Vol SMA 20: 3,662
Vol ROC: 806.22%
ATR: $0.07
True Range: $0.09
HV 20: 2.4%
HV 30: 2.2%
HV 60: 2.8%

Data Summary

Data Points: 231
Last Updated:
Date Range: 2025-11-18T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All LVLN news →

LVLN Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.0617
Alpha: -3.04%
Correlation: 0.2706
R-Squared: 7.3%
Stock Volatility: 2.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 230
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

LVLN Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

3 filers92,268 shares$2.27M value
# Filer Shares Value % of Total % of Float Period
1 Jane Street Group, LLC Custodian 51,921 $1.28M 56.27% — 2026-06-30
2 ZEGA Investments, LLC 28,332 $698.11K 30.71% — 2026-06-30
3 Authentikos Wealth Advisory, LLC 12,015 $296.05K 13.02% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month