Expense Ratio
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →State Street® SPDR® Bloomberg Convertible Securities ETF
CWBState Street (SPDR)Fixed Income
AI Agents
NAV
$100.57
Net Assets
$5.52B
Expense Ratio
0.40%
YTD
+2.81%
1Y
+21.33%
3Y CAGR
+12.98%
5Y CAGR
+3.93%
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock.
Price History1,255 daily observations
Price History▲ 28.04% over 1Y
Returns PerformanceTrailing total returns
| YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| +2.81% | +21.33% | +12.98% | +3.93% |
Expense Ratio
Net (after waivers)0.40%
Gross (before waivers)0.40%
Net expense ratio reflects fee waivers and reimbursements actually paid by investors. Gross is the full management cost.
Sector Allocation1 sector
Fixed Income / Cash99.74%
Top 10 Holdings ConcentrationWhat share of the fund the largest 10 positions occupy
Top 10 Weight
18.1%
Total Holdings
338
Verdict
broadly diversified
Top Holdings200 of 338 loaded
💡Reading the Holdings Table
The Weight column shows how much of the ETF's assets sit in each constituent. The Allocation bar scales each weight to the largest position so you can see relative concentration at a glance, and the Cumul. column tracks the running total, a fast read on how top-heavy this ETF is. The top 10 holdings account for 18.1% of assets. Click any constituent name to open its US stock detail page.
📖 Learn: Diversification & Asset Allocation →| # | Holding | Sector | Allocation | Weight | Cumul. |
|---|---|---|---|---|---|
| 1 | WESTERN DIGITAL CORP COMPANY GUAR 11/28 3WESTERN DIGITAL CORP COMPANY GUAR 11/28 3 | Fixed Income / Cash | 4.37% | 4.4% | |
| 2 | BOEING CO/THEBOEING CO/THE | Fixed Income / Cash | 2.21% | 6.6% | |
| 3 | ALIBABA GROUP HOLDING SR UNSECURED 06/31 0.5ALIBABA GROUP HOLDING SR UNSECURED 06/31 0.5 | Fixed Income / Cash | 1.88% | 8.5% | |
| 4 | LUMENTUM HOLDINGS INC SR UNSECURED 144A 03/32 0.375LUMENTUM HOLDINGS INC SR UNSECURED 144A 03/32 0.375 | Fixed Income / Cash | 1.78% | 10.2% | |
| 5 | LUMENTUM HOLDINGS INC SR UNSECURED 12/29 1.5LUMENTUM HOLDINGS INC SR UNSECURED 12/29 1.5 | Fixed Income / Cash | 1.68% | 11.9% | |
| 6 | LUMENTUM HOLDINGS INC SR UNSECURED 06/28 0.5LUMENTUM HOLDINGS INC SR UNSECURED 06/28 0.5 | Fixed Income / Cash | 1.55% | 13.5% | |
| 7 | ORACLE CORPORACLE CORP | Fixed Income / Cash | 1.37% | 14.9% | |
| 8 | WELLS FARGO + COMPANYWELLS FARGO + COMPANY | Fixed Income / Cash | 1.26% | 16.1% | |
| 9 | BANK OF AMERICA CORPBANK OF AMERICA CORP | Fixed Income / Cash | 1.00% | 17.1% | |
| 10 | BLOOM ENERGY CORP SR UNSECURED 144A 11/30 0.0000BLOOM ENERGY CORP SR UNSECURED 144A 11/30 0.0000 | Fixed Income / Cash | 0.98% | 18.1% | |
| 11 | ALBEMARLE CORPALBEMARLE CORP | Fixed Income / Cash | 0.98% | 19.1% | |
| 12 | LUMENTUM HOLDINGS INC SR UNSECURED 12/26 0.5LUMENTUM HOLDINGS INC SR UNSECURED 12/26 0.5 | Fixed Income / Cash | 0.90% | 20.0% | |
| 13 | COREWEAVE INC COMPANY GUAR 144A 12/31 1.75COREWEAVE INC COMPANY GUAR 144A 12/31 1.75 | Fixed Income / Cash | 0.76% | 20.7% | |
| 14 | GAMESTOP CORP SR UNSECURED 144A 06/32 0.0000GAMESTOP CORP SR UNSECURED 144A 06/32 0.0000 | Fixed Income / Cash | 0.76% | 21.5% | |
| 15 | SEAGATE HDD CAYMAN COMPANY GUAR 06/28 3.5SEAGATE HDD CAYMAN COMPANY GUAR 06/28 3.5 | Fixed Income / Cash | 0.75% | 22.2% | |
| 16 | MKS INC SR UNSECURED 06/30 1.25MKS INC SR UNSECURED 06/30 1.25 | Fixed Income / Cash | 0.71% | 23.0% | |
| 17 | DOORDASH INC SR UNSECURED 144A 05/30 0.0000DOORDASH INC SR UNSECURED 144A 05/30 0.0000 | Fixed Income / Cash | 0.70% | 23.7% | |
| 18 | MP MATERIALS CORP SR UNSECURED 144A 03/30 3MP MATERIALS CORP SR UNSECURED 144A 03/30 3 | Fixed Income / Cash | 0.69% | 24.3% | |
| 19 | STRATEGY INC SR UNSECURED 12/29 0.00000STRATEGY INC SR UNSECURED 12/29 0.00000 | Fixed Income / Cash | 0.69% | 25.0% | |
| 20 | NEBIUS GROUP NV SR UNSECURED 144A 03/31 1.25NEBIUS GROUP NV SR UNSECURED 144A 03/31 1.25 | Fixed Income / Cash | 0.66% | 25.7% | |
| Total (top 20) | 25.7% | ||||
Check Holdings Overlap
Sign in to see if this ETF's holdings overlap with stocks already in your portfolio. Knowing your total exposure helps avoid accidental over-concentration.
Sign In to Check OverlapInvestment CalculatorSee what investing in CWB might be worth
$
You invest
$10,000
Estimated gain
$4,703
Final value
$14,703
Projections assume returns compound at the chosen CAGR consistently for 10 years, actual returns will vary year-to-year. Past performance is not a guarantee of future results.
Key Concepts to UnderstandFive things that drive ETF performance more than anything else
Net Assets (AUM)
Total money the ETF manages. Larger AUM usually means tighter bid-ask spreads and lower closure risk. ETFs under $50M are sometimes liquidated by the issuer.
Learn more →NAV
Net Asset Value, the per-share value of everything the ETF owns minus what it owes, calculated end-of-day. The trading price can drift slightly above (premium) or below (discount) NAV during the day.
Learn more →Tracking Error
How closely the ETF's returns match its benchmark. Index ETFs aim for near-zero tracking error; high tracking error in an index fund usually signals fees, sampling, or poor management.
Learn more →Total Return
Capital gain + reinvested dividends. The headline price chart only shows the price part, total return is what you actually pocket, and is the only fair way to compare ETFs across asset classes.
Learn more →Similar ETFs
About This ETF
Provider
State Street (SPDR)
Asset Class
Fixed Income
Inception Date
Apr 14, 2009
Top Sector
Fixed Income / Cash (99.7%)
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock.
US ETF data is for educational purposes only. Past performance does not guarantee future returns. Exchange-traded funds carry market risk and may lose value. Read the prospectus and consult a registered investment advisor before investing. Equiscale does not provide investment advice.