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CWB vs ACVT

State Street SPDR Bloomberg Convertible Securities ETF vs Advent Convertible Bond ETF

CWB

State Street SPDR Bloomberg Convertible Securities ETF

Annual cost

0.40%

Fund size

$6.2B

ACVT

Advent Convertible Bond ETF

Annual cost

0.65%

Fund size

$32M

Key differences

Both CWB and ACVT are fixed income ETFs. CWB charges 0.40% a year and ACVT 0.65%. The main difference: CWB follows a index tracking strategy; ACVT uses active selection.

  • CWB follows a index tracking strategy; ACVT uses active selection.
  • CWB costs 0.25% less per year.
  • CWB is much larger than ACVT. Larger funds are usually more liquid and less likely to close.
  • CWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CWBACVT
Annual cost (TER)0.40%0.65%
Fund size (AUM)$6.2B$32M
Since20092025
Dividend yield1.37%1.46%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+29.3%+9.9%
CAGR 3Y+17.2%N/A
CAGR 5Y+6.5%N/A
Sharpe 3Y1.10N/A
Volatility 1Y14.77%5.68%
Max drawdown-32.06%-4.81%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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