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CWB vs BRLN

State Street SPDR Bloomberg Convertible Securities ETF vs iShares Floating Rate Loan Active ETF

CWB

State Street SPDR Bloomberg Convertible Securities ETF

Annual cost

0.40%

Fund size

$6.2B

BRLN

iShares Floating Rate Loan Active ETF

Annual cost

0.55%

Fund size

$54M

Key differences

Both CWB and BRLN are fixed income ETFs. CWB charges 0.40% a year and BRLN 0.55%. The main difference: CWB follows a index tracking strategy; BRLN uses active selection.

  • CWB follows a index tracking strategy; BRLN uses active selection.
  • CWB costs 0.15% less per year.
  • CWB is much larger than BRLN. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CWB has delivered higher annualized returns.
  • CWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CWBBRLN
Annual cost (TER)0.40%0.55%
Fund size (AUM)$6.2B$54M
Since20092022
Dividend yield1.37%6.40%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+29.3%+4.8%
CAGR 3Y+17.2%+7.4%
CAGR 5Y+6.5%N/A
Sharpe 3Y1.101.07
Volatility 1Y14.77%3.14%
Max drawdown-32.06%-3.85%

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

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