SPDR Bloomberg Convertible Securities ETF

CWB

Market cap $4.54B

Overview Fund Activity

90.10 USD

+0.87

0.98%

At close Updated Sep 18, 4:00 PM EDT

Pre-market

After hours

90.13

+0.03

0.03%

1 day

0.98%

5 days

1.7%

1 month

5.27%

3 months

11.86%

6 months

16.51%

Year to date

15.51%

1 year

20.52%

5 years

31.76%

10 years

96%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

29% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 18 (+4) [Q2]

28% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 36

3% more capital invested

Capital invested by funds: $2.53B [Q1] → $2.62B (+$85.6M) [Q2]

0.68% more ownership

Funds ownership: 66.03% [Q1] → 66.72% (+0.68%) [Q2]

0% more funds holding

Funds holding: 456 [Q1] → 456 (+0) [Q2]

32% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 181

90% less call options, than puts

Call options by funds: $645K | Put options by funds: $6.33M

See Fund Rankings

Financial journalist opinion

CWB: Bond Index ETF With A Taste Of Equities

The SPDR Bloomberg Barclays Convertible Securities ETF holds a portfolio of 300 convertible securities, mostly without credit rating. CWB has a stronger correlation with stocks than with bonds and should be handled like a low-volatility equity ETF. CWB is the oldest and best-performing ETF among its peers.

CWB: Bond Index ETF With A Taste Of Equities

CWB: A Hybrid With Attractive Upside Potential

Convertible securities blend traits of bonds and stocks. They are worth considering given the way they balance growth with income. CWB's sector allocation highlights its approach of mixing income with growth.

CWB: A Hybrid With Attractive Upside Potential

Caliber and Nasdaq to Host Webinar on Distressed Commercial Real Estate Assets on October 23, 2024

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber will host a webinar with the Nasdaq stock exchange on “Growing Opportunities in Distressed Commercial Real Estate Assets” on Wed., Oct. 23.

Caliber and Nasdaq to Host Webinar on Distressed Commercial Real Estate Assets on October 23, 2024

CWB: A Useful Tactical Allocation Instrument

SPDR® Bloomberg Convertible Securities ETF holds a portfolio of convertible securities and is well-diversified. The CWB ETF is a hybrid asset with characteristics of both equity and fixed income, and its behavior is closer to a stock index than a bond index. CWB doesn't look attractive as a long-term investment, but it is a good instrument for tactical allocation in a rotational model.

CWB: Solid Convertible Bond ETF For Total Return Or A Small Cap Alternative

CWB offers investors a way to access innovative companies but with historically lower risk than small cap stock ETFs like IWM. Convertible bonds have a favorable reward/risk profile over many years, with equity-like returns alongside payment of principal built into these securities. Credit markets' future refinancing needs, the so-called maturity wall, bode well for convertible demand as an alternative to traditional bonds' higher interest expense.

See News Rankings

Charts implemented using Lightweight Charts™