Snapshot*
Top 10 Holdings
What is CWB?
The SPDR Bloomberg Barclays Convertible Securities ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg US Convertible Liquid Bond Index (the "Index"). Seeks to provide exposure to the market of U.S. convertible securities with an issue amount of at least $350 million and a par amount outstanding of at least $250 million.
CWBPerformance Measures**
for the time period Apr 16, 2009 to Dec 4, 2025
1M Trailing Return: -0.7%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 5.8%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -32.1%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 13.0%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.88
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.35
The annualized return divided by the max drawdown for the selected time period.
ETFs related toCWB
ETFs correlated to CWB include ICVT, IWP, VOT
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toCWB
The Monster
Category
Risk-on/risk-off, trend-following, mean reversion, volatility hedging, leveraged ETFs, rates-aware, multi-asset
OOS Cumulative Return
72.1%
Hidden Obsidian Simple 2.0 (K-1 Free)
Category
Regime switching, Tactical asset allocation, Trend following, Mean reversion, Volatility filter, Crash protection, Leveraged ETFs, Hedging, K-1 free, Multi-asset, Dynamic risk management
OOS Cumulative Return
51.49%
Create your own algorithmic trading strategy with CWB using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.