SPDR Bloomberg Barclays Convertible Securities ETF (CWB) belongs to the 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 is 1 ETF in the Convertible Bonds category with a lower expense ratio, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Convertible Bond ETF | 0.20% | 7.19B | Jun 2015 | CWB vs ICVT | |
| Advent Convertible Bond ETF | 0.65% | 30.82M | Apr 2025 | CWB vs ACVT | |
| Calamos Convertible Equity Alternative ETF | 0.69% | 31.20M | Oct 2023 | CWB vs CVRT | |
| First Trust SSI Strategic Convertible Securities E... | 0.95% | 100.83M | Nov 2015 | CWB vs FCVT |
Best Risk-Adjusted Alternatives to CWB
CWB has a PortfoliosLab risk / return rank of 55. There are 3 ETFs in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Equity Alternative ETF | 78 | 31.20M | Oct 2023 | CWB vs CVRT | |
| iShares Convertible Bond ETF | 60 | 7.19B | Jun 2015 | CWB vs ICVT | |
| Advent Convertible Bond ETF | 59 | 30.82M | Apr 2025 | CWB vs ACVT | |
| First Trust SSI Strategic Convertible Securities E... | 54 | 100.83M | Nov 2015 | CWB vs FCVT |
Top Performing CWB Alternatives (YTD)
CWB is at 15.00% YTD. There are 2 ETFs in the Convertible Bonds category with higher YTD returns, going as high as 25.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Equity Alternative ETF | 25.14% | 31.20M | Oct 2023 | CWB vs CVRT | |
| iShares Convertible Bond ETF | 15.73% | 7.19B | Jun 2015 | CWB vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | 14.79% | 100.83M | Nov 2015 | CWB vs FCVT | |
| Advent Convertible Bond ETF | 6.12% | 30.82M | Apr 2025 | CWB vs ACVT |
Lowest Volatility Alternatives to CWB
CWB has 16.61% 1-year volatility. There is 1 ETF in the Convertible Bonds category with lower 1-year volatility, going as low as 5.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advent Convertible Bond ETF | 5.93% | 30.82M | Apr 2025 | CWB vs ACVT | |
| iShares Convertible Bond ETF | 17.19% | 7.19B | Jun 2015 | CWB vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | 19.11% | 100.83M | Nov 2015 | CWB vs FCVT | |
| Calamos Convertible Equity Alternative ETF | 24.03% | 31.20M | Oct 2023 | CWB vs CVRT |
Lowest Drawdown Alternatives to CWB
CWB has a 1-year max drawdown of -11.08%. There is 1 ETF in the Convertible Bonds category with a shallower 1-year drawdown, going as shallow as -4.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advent Convertible Bond ETF | -4.81% | 30.82M | Apr 2025 | CWB vs ACVT | |
| iShares Convertible Bond ETF | -11.65% | 7.19B | Jun 2015 | CWB vs ICVT | |
| First Trust SSI Strategic Convertible Securities E... | -13.87% | 100.83M | Nov 2015 | CWB vs FCVT | |
| Calamos Convertible Equity Alternative ETF | -15.77% | 31.20M | Oct 2023 | CWB vs CVRT |
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 $789B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 67 | 10.13% | 789.06B | Jan 1993 | CWB vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 30 | -6.25% | 130.32B | Nov 2004 | CWB vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 55 | 22.09% | 115.56B | Dec 1998 | CWB vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 43 | 10.06% | 51.09B | Sep 2000 | CWB vs SPYG | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 68 | 10.15% | 160.81B | Nov 2005 | CWB vs SPYM | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 78 | 16.95% | 8.75B | Oct 2015 | CWB vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 76 | 35.03% | 38.64B | Dec 1998 | CWB vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 31 | -6.13% | 27.37B | Jun 2018 | CWB vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 21 | 5.28% | 23.07B | Dec 1998 | CWB vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 2.08% | 47.03B | May 2007 | CWB vs BIL |
Often Compared With CWB
Investors most often compare CWB with PFF, ANGL, BGT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare CWB with Any Fund or Stock
Compare CWB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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