CWB Alternatives & Similar ETFs

SPDR Bloomberg Barclays Convertible Securities ETF (CWB) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CWB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CWB

CWB charges 0.40% annually. There are 5 ETFs in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
ICVT	iShares Convertible Bond ETF	0.20%	7.11B	Jun 2015	CWB vs ICVT
PFFD	Global X U.S. Preferred ETF	0.23%	2.17B	Sep 2017	CWB vs PFFD
PFFV	Global X Variable Rate Preferred ETF	0.25%	306.29M	Jun 2020	CWB vs PFFV
QPFF	American Century Quality Preferred ETF	0.33%	78.51M	Feb 2021	CWB vs QPFF
EVPF	Eaton Vance Preferred Securities and Income ETF	0.39%	32.18M	Mar 2026	CWB vs EVPF

Best Risk-Adjusted Alternatives to CWB

CWB has a PortfoliosLab risk / return rank of 83. There are 2 ETFs in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 87.

Symbol	Name	Risk / Return Rank	AUM	Inception
ICVT	iShares Convertible Bond ETF	87	7.11B	Jun 2015	CWB vs ICVT
FCVT	First Trust SSI Strategic Convertible Securities E...	87	122.33M	Nov 2015	CWB vs FCVT
NPFI	Nuveen Preferred And Income ETF	76	166.00M	Mar 2024	CWB vs NPFI
VRP	Invesco Variable Rate Preferred ETF	71	2.86B	May 2014	CWB vs VRP
FPEI	First Trust Institutional Preferred Securities & I...	70	1.88B	Aug 2017	CWB vs FPEI

Top Performing CWB Alternatives (YTD)

CWB is at 23.48% YTD. There are 2 ETFs in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 25.61%.

Symbol	Name	YTD Return	AUM	Inception
FCVT	First Trust SSI Strategic Convertible Securities E...	25.61%	122.33M	Nov 2015	CWB vs FCVT
ICVT	iShares Convertible Bond ETF	25.28%	7.11B	Jun 2015	CWB vs ICVT
PFXF	VanEck Vectors Preferred Securities ex Financials ...	8.54%	2.51B	Jul 2012	CWB vs PFXF
SPFF	Global X SuperIncome Preferred ETF	6.91%	144.35M	Jul 2012	CWB vs SPFF
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	3.08%	2.38B	May 2018	CWB vs PFFA

Lowest Volatility Alternatives to CWB

CWB has 14.10% 1-year volatility. There are 28 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
IPPP	Preferred-Plus ETF	0.00%	11.44M	Dec 2018	CWB vs IPPP
QPFF	American Century Quality Preferred ETF	0.00%	78.51M	Feb 2021	CWB vs QPFF
VRP	Invesco Variable Rate Preferred ETF	2.88%	2.86B	May 2014	CWB vs VRP
NPFI	Nuveen Preferred And Income ETF	2.91%	166.00M	Mar 2024	CWB vs NPFI
FPFD	Fidelity Preferred Securities & Income ETF	2.95%	83.35M	Jun 2021	CWB vs FPFD

Lowest Drawdown Alternatives to CWB

CWB has a 1-year max drawdown of -7.52%. There are 22 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
QTPI	North Square RCIM Tax-Advantaged Preferred and Inc...	-2.11%	74.29M	Dec 2024	CWB vs QTPI
PFLD	AAM Low Duration Preferred and Income Securities E...	-2.23%	487.73M	Nov 2019	CWB vs PFLD
FPFD	Fidelity Preferred Securities & Income ETF	-2.75%	83.35M	Jun 2021	CWB vs FPFD
PREF	Principal Spectrum Preferred Secs Active ETF	-2.88%	1.70B	Jul 2017	CWB vs PREF
VRP	Invesco Variable Rate Preferred ETF	-2.89%	2.86B	May 2014	CWB vs VRP

Other ETFs from State Street

The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $781B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	CWB vs SPY
GLD	SPDR Gold Shares	Gold, Precious Metals	32	2.92%	150.37B	Nov 2004	CWB vs GLD
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	83	36.47%	121.66B	Dec 1998	CWB vs XLK
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	57	13.75%	53.61B	Sep 2000	CWB vs SPYG
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	41	10.34%	7.30B	Oct 2015	CWB vs SPYD
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	63	32.17%	38.95B	Dec 1998	CWB vs XLE
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	32	3.00%	30.87B	Jun 2018	CWB vs GLDM
SPYM	State Street SPDR Portfolio S&P 500 ETF	S&P 500	70	10.98%	146.68B	Nov 2005	CWB vs SPYM
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	19	3.11%	22.40B	Dec 1998	CWB vs XLU
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	Government Bonds, Ultrashort Bond	100	1.49%	45.99B	May 2007	CWB vs BIL

Often Compared With CWB

Investors most often compare CWB with ANGL, PFF, BGT. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ANGL	VanEck Vectors Fallen Angel High Yield Bond ETF	High Yield Bonds	52	1.55%	3.09B	Apr 2012	CWB vs ANGL
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	36	2.93%	13.82B	Mar 2007	CWB vs PFF
BGT	BlackRock Floating Rate Income Trust	Bank Loan	2	-0.49%	—	Aug 2004	CWB vs BGT
VCLT	Vanguard Long-Term Corporate Bond ETF	Corporate Bonds	27	0.99%	8.60B	Nov 2009	CWB vs VCLT
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	CWB vs SCHD
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	Corporate Bonds	42	0.18%	68.10B	Nov 2009	CWB vs VCIT
IVV	iShares Core S&P 500 ETF	S&P 500	70	10.85%	854.92B	May 2000	CWB vs IVV
ZPRC.DE	SPDR Refinitiv Global Convertible Bond UCITS ETF	Convertible Bonds	90	19.73%	—	Oct 2014	CWB vs ZPRC.DE
IHY	VanEck Vectors International High Yield Bond ETF	High Yield Bonds	33	1.16%	43.83M	Apr 2012	CWB vs IHY
VXUS	Vanguard Total International Stock ETF	Global Equities	60	14.25%	629.30B	Jan 2011	CWB vs VXUS
VCSH	Vanguard Short-Term Corporate Bond ETF	Corporate Bonds	74	0.64%	49.50B	Nov 2009	CWB vs VCSH
XGLE.L	Xtrackers Eurozone Government Bond UCITS ETF 1C	European Government Bonds	8	0.00%	3.10B	May 2007	CWB vs XGLE.L
CCD	Calamos Dynamic Convertible and Income Fund		90	27.07%	—	—	CWB vs CCD
JNKS.L	SPDR Bloomberg SASB U.S. High Yield Corporate ESG ...	High Yield Bonds	33	1.31%	232.75M	Sep 2013	CWB vs JNKS.L
MNDO	MIND C.T.I. Ltd		4	-20.17%	—	—	CWB vs MNDO
XLIQ.DE	Xtrackers iBoxx EUR Liquid Covered Swap UCITS ETF	European Corporate Bonds	—	—	—	Nov 2012	CWB vs XLIQ.DE
CCEF	Calamos CEF Income & Arbitrage ETF	Dividend	54	5.73%	32.70M	Jan 2024	CWB vs CCEF
IUS6.DE	iShares Euro Covered Bond UCITS ETF	European Corporate Bonds	14	0.51%	—	Aug 2008	CWB vs IUS6.DE
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	CWB vs QQQ
JHPI	John Hancock Preferred Income ETF	Preferred Stock/Convertible Bonds	68	1.67%	196.57M	Dec 2021	CWB vs JHPI

Compare CWB with Any Fund or Stock

Compare CWB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair CWB with funds that move differently

SPDR Bloomberg Barclays Convertible Securities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CWB.

Explore CWB Diversifiers

SPDR Bloomberg Barclays Convertible Securities ETF (CWB) Alternatives