iShares Broad USD Floating Rate Loan ETF

iShares Broad USD Floating Rate Loan ETF

About

iShares Broad USD Floating Rate Loan ETF (US46438G2324) is a US-listed bond ETF tracking the Morningstar LSTA US Leveraged Loan Broad Select Index. With a expense ratio of 0.4%, it is moderately priced, paying distributions. The fund holds 294 positions across 4 regions with 23M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.8 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.8
Liquidity (25%) 4.1 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker USLN
ISIN
Fund Size $22.7M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Mar 2026
Base Currency USD
Index Morningstar LSTA US Leveraged Loan Broad Select Index
Asset Class Bonds

Costs

7.8
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.40%

Cumulative Returns

Performance across different time periods.
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
YTD
Since Inception

Holdings

This fund invests into 294 individual investments.
#1
BLK CSH FND TREASURY SL AGENCY
6.66%
#2
ISHARES IBOXX $ HIGH YIELD CORPORA
3.96%
#3
ISHARES BROAD USD HIGH YIELD CORPO
3.94%
#4
UKG (UKG INC) TL-B
1.06%
#5
BASS PRO (GREAT OUTDOORS GROUP LLC TL-B3
0.99%
#6
SS&C (SS&C TECHNOLOGIES INC) TL-B8
0.99%
#7
GAINWELL / MILANO ACQUISITION CORP TL-B
0.97%
#8
BROADSTREET(BROADSTREET PARTNERS) TL-B4
0.96%
#9
PROOFPOINT (PROOFPOINT INC) TL-B
0.95%
#10
MCAFEE (MCAFEE CORP) TL-B1
0.89%
View all holdings (50)
# Holding Ticker Weight
1 BLK CSH FND TREASURY SL AGENCY 665.97%
2 ISHARES IBOXX $ HIGH YIELD CORPORA 396.21%
3 ISHARES BROAD USD HIGH YIELD CORPO 393.95%
4 UKG (UKG INC) TL-B 106.05%
5 BASS PRO (GREAT OUTDOORS GROUP LLC TL-B3 99.29%
6 SS&C (SS&C TECHNOLOGIES INC) TL-B8 99.13%
7 GAINWELL / MILANO ACQUISITION CORP TL-B 97.44%
8 BROADSTREET(BROADSTREET PARTNERS) TL-B4 96.47%
9 PROOFPOINT (PROOFPOINT INC) TL-B 95.23%
10 MCAFEE (MCAFEE CORP) TL-B1 89.37%
11 CREATIVE ARTISTS AGY LLC TL 88.13%
12 HUNTER DOUGLAS (HUNTER DOUGLAS INC TL-B1 87.91%
13 ATHENA (ATHENAHEALTH GROUP INC) TL-B 87.39%
14 HOWDEN GROUP (HYPERION REFINANCE S TL-B 83.25%
15 CLARIOS (CLARIOS GLOBAL LP) TL-B 77.04%
16 JD POWER (PROJ BOOST PUR LLC 1L) TL 75.50%
17 CAESARS ENTERTAINMENT INC TL-B 75.10%
18 ALERA GROUP INC TL-B 73.13%
19 CULLIGAN (AI AQUA MERGER SUB INC) TL-B 66.17%
20 ARGUS MEDIA (FLEET US BIDCO INC) TL-B2 66.16%
21 TRANSDIGM (TRANSDIGM INC) TL-M 66.07%
22 ALLIED UNIVERSAL (ALD UNVRSL HLDC TL-B 66.05%
23 TRANSDIGM (TRANSDIGM INC) TL-K 66.03%
24 HUB INTERNATIONAL (HUB INTERNATION TL-B1 66.02%
25 BELRON FINANCE 2019 LLC (BELRON) TL-B 65.99%
26 GFL ENVIRONMENTAL SERVICES (GFL E) TL-B 65.91%
27 POINTCLICKCARE (POINTCLICKCARE TCH TL-B 65.74%
28 COLONIAL PIPELINE (COLO ACQUI LLC) TL-B 65.71%
29 SEDGWICK CLAIMS MANAGEMENT SERVICE TL-B 65.67%
30 FRONERI(FRONERI LUX FINCO SARL)USD TL-B 65.53%
31 AMWINS (AMWINS GROUP INC) TL-B 64.96%
32 FOCUS FIN (FCS FINC PTNRS LL) INCR TL-B 64.65%
33 TRIDENT TPI HOLDINGS INC TL-B7 63.34%
34 DAYFORCE (DAWN BIDCO LLC) TL-B 61.86%
35 ACRISURE LLC TL 61.65%
36 PERATON CORP TL-B 59.63%
37 TK ELEVATOR (TK ELEVATOR US NEWCO TL-B 55.29%
38 PAREXEL (PAREXEL INTERNATIONAL INC TL-B 55.08%
39 RESTAURANT BRANDS (1011778 BC UNLM TL-B6 55.00%
40 WESTINGHOUSE (WEC HLDGS INC) TL-B 54.99%
41 BCPE EMPIRE HOLDINGS INC TL 54.94%
42 TKO (TKO WORLDWIDE HOLDINGS LLC) TL-B 54.94%
43 CPI HOLDCO B LLC TL 54.92%
44 JANE STREET (JANE STREET GROUP LLC TL-B 54.64%
45 ASURION (ASURION LLC) TL-B14 53.36%
46 BMC SOFTWARE (BOXER PARENT COMPANY TL-B 50.83%
47 VANTOR (GALILEO PARENT INC) TL-B 44.15%
48 VARSITY BRANDS (VARSITY BRAND LLC) TL 44.06%
49 RED ROCK RESORTS (STION CSNO LLC) TL-B 44.05%
50 CHAMBERLAIN GROUP (CHARIOT BUYER L TL-B 44.01%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 9809.00%
Corporate Bonds 159.00%
Health Care 22.00%
Consumer Discretionary 10.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 9809.00%
United States 147.00%
Canada 22.00%
Denmark 11.00%
MULT 11.00%

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