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SPDR Bloomberg Barclays Convertible Securities ETF (CWB)

$103.57

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Key data on CWB

AUM

$5.63B

P/E ratio

18.8

Dividend yield

1.4557%

Expense ratio

0.4%

Beta

0.720529

Price on CWB

Previous close

$103.73

Today's open

$103.70

Day's range

$103.07 - $104.43

52 week range

$84.02 - $112.02

Profile about CWB

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

CWB industries and sectors

Bonds

Other

Convertibles

News on CWB

Fixed Income Demand Surges: Bond ETFs Gathered $13.2 Billion Last Week

Investor appetite for fixed income continues to expand, as evidenced by the latest weekly ETF inflows report from TD Securities. For the week ending August 14, 2026, U.S.-listed ETFs gathered $41.0 billion in total weekly net inflows, which included $13.2 billion into fixed income funds.

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ETF Trends • Aug 19, 2026

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AI-driven surge in bond yields could be next risk for markets and growth

Market gauges of inflation-adjusted borrowing costs have shot to their highest in more than a decade across major economies as AI companies and governments ramp up bond sales, raising ​risks for stock markets and the world economy.

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Reuters • Aug 14, 2026

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CWB's 19% YTD Return Shows How Convertible Bonds Bridge Stock Gains and Income Floor

Convertible bonds sit in an odd corner of capital markets: corporate debt with an embedded equity option, paying coupon income while carrying upside tied to the issuer's stock.

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24/7 Wall Street • May 22, 2026

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AI financing fueling a surge in U.S. convertible bond sales

Corporate America is tapping the convertible bond market at a record pace as companies linked to artificial intelligence drive a surge in demand for debt that often ​draws extra investor interest in hot markets because it can convert into equity.

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Reuters • May 20, 2026

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The Iran War Is Changing the Bond Playbook

Investors may be better off looking outside the world's core bond markets right now, Brij Khurana writes in a guest commentary.

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Barrons • Apr 27, 2026

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CWB: Bond ETF Looking Like A Low-Volatility Equity ETF

State Street® SPDR® Bloomberg Convertible Securities ETF offers exposure in hybrid assets labelled as bonds, but with strong correlation to equities. CWB's portfolio has low company risk and is dominated by unrated convertible securities and short maturities. Performance and risk metrics position CWB as more compelling than competitors, though yields are variable and currently unattractive for income-focused investors.

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Seeking Alpha • Dec 31, 2025

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CWB: Rate Cuts Mostly Benefit Large-Cap Tech

CWB has some reflexive stocks and also more traditional exposures that are more macro exposed, meaning an ambiguous effect of the rate cuts motivated by labour market concerns. However, ambiguity does favour the embedded option a bit in convertible bonds. Our thinking is that large cap tech has more to benefit from iffy, but still alright, macro outlook together with a rate cut than the stocks associated to CWB convertibles.

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Seeking Alpha • Sep 22, 2025

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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.

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Seeking Alpha • Mar 30, 2025

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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.

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Seeking Alpha • Nov 1, 2024

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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.

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Business Wire • Oct 2, 2024

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