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CWB vs. VCIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CWB and VCIT is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.0

Performance

CWB vs. VCIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Bloomberg Barclays Convertible Securities ETF (CWB) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
287.88%
87.73%
CWB
VCIT

Key characteristics

Sharpe Ratio

CWB:

0.97

VCIT:

1.50

Sortino Ratio

CWB:

1.39

VCIT:

2.17

Omega Ratio

CWB:

1.18

VCIT:

1.27

Calmar Ratio

CWB:

0.60

VCIT:

0.79

Martin Ratio

CWB:

3.50

VCIT:

5.01

Ulcer Index

CWB:

3.22%

VCIT:

1.68%

Daily Std Dev

CWB:

11.63%

VCIT:

5.58%

Max Drawdown

CWB:

-32.06%

VCIT:

-20.56%

Current Drawdown

CWB:

-8.89%

VCIT:

-2.65%

Returns By Period

In the year-to-date period, CWB achieves a -0.45% return, which is significantly lower than VCIT's 2.67% return. Over the past 10 years, CWB has outperformed VCIT with an annualized return of 8.55%, while VCIT has yielded a comparatively lower 2.69% annualized return.


CWB

YTD

-0.45%

1M

-1.10%

6M

1.14%

1Y

11.76%

5Y*

10.54%

10Y*

8.55%

VCIT

YTD

2.67%

1M

0.65%

6M

2.02%

1Y

8.95%

5Y*

1.25%

10Y*

2.69%

*Annualized

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CWB vs. VCIT - Expense Ratio Comparison

CWB has a 0.40% expense ratio, which is higher than VCIT's 0.04% expense ratio.


Expense ratio chart for CWB: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CWB: 0.40%
Expense ratio chart for VCIT: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCIT: 0.04%

Risk-Adjusted Performance

CWB vs. VCIT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CWB
The Risk-Adjusted Performance Rank of CWB is 7676
Overall Rank
The Sharpe Ratio Rank of CWB is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of CWB is 7878
Sortino Ratio Rank
The Omega Ratio Rank of CWB is 7676
Omega Ratio Rank
The Calmar Ratio Rank of CWB is 6868
Calmar Ratio Rank
The Martin Ratio Rank of CWB is 7777
Martin Ratio Rank

VCIT
The Risk-Adjusted Performance Rank of VCIT is 8585
Overall Rank
The Sharpe Ratio Rank of VCIT is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of VCIT is 9090
Sortino Ratio Rank
The Omega Ratio Rank of VCIT is 8787
Omega Ratio Rank
The Calmar Ratio Rank of VCIT is 7676
Calmar Ratio Rank
The Martin Ratio Rank of VCIT is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CWB vs. VCIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays Convertible Securities ETF (CWB) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for CWB, currently valued at 0.97, compared to the broader market-1.000.001.002.003.004.00
CWB: 0.97
VCIT: 1.50
The chart of Sortino ratio for CWB, currently valued at 1.39, compared to the broader market-2.000.002.004.006.008.00
CWB: 1.39
VCIT: 2.17
The chart of Omega ratio for CWB, currently valued at 1.18, compared to the broader market0.501.001.502.002.50
CWB: 1.18
VCIT: 1.27
The chart of Calmar ratio for CWB, currently valued at 0.60, compared to the broader market0.002.004.006.008.0010.0012.00
CWB: 0.60
VCIT: 0.79
The chart of Martin ratio for CWB, currently valued at 3.50, compared to the broader market0.0020.0040.0060.00
CWB: 3.50
VCIT: 5.01

The current CWB Sharpe Ratio is 0.97, which is lower than the VCIT Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of CWB and VCIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.97
1.50
CWB
VCIT

Dividends

CWB vs. VCIT - Dividend Comparison

CWB's dividend yield for the trailing twelve months is around 1.91%, less than VCIT's 4.45% yield.


TTM20242023202220212020201920182017201620152014
CWB
SPDR Bloomberg Barclays Convertible Securities ETF
1.91%1.85%1.97%2.21%1.97%2.34%3.03%6.17%4.25%4.60%7.52%7.37%
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
4.45%4.43%3.72%3.03%2.87%2.78%3.37%3.61%3.21%3.29%3.34%3.34%

Drawdowns

CWB vs. VCIT - Drawdown Comparison

The maximum CWB drawdown since its inception was -32.06%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for CWB and VCIT. For additional features, visit the drawdowns tool.


-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-8.89%
-2.65%
CWB
VCIT

Volatility

CWB vs. VCIT - Volatility Comparison

SPDR Bloomberg Barclays Convertible Securities ETF (CWB) has a higher volatility of 7.31% compared to Vanguard Intermediate-Term Corporate Bond ETF (VCIT) at 2.83%. This indicates that CWB's price experiences larger fluctuations and is considered to be riskier than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
7.31%
2.83%
CWB
VCIT