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CWB vs IBND

State Street SPDR Bloomberg Convertible Securities ETF vs State Street SPDR Bloomberg International Corporate Bond ETF

CWB

State Street SPDR Bloomberg Convertible Securities ETF

Annual cost

0.40%

Fund size

$6.2B

IBND

State Street SPDR Bloomberg International Corporate Bond ETF

Annual cost

0.50%

Fund size

$470M

Key differences

Both CWB and IBND are fixed income ETFs. CWB charges 0.40% a year and IBND 0.50%. The main difference: CWB covers North America; IBND covers global markets excluding the US.

  • CWB covers North America; IBND covers global markets excluding the US.
  • CWB costs 0.10% less per year.
  • CWB is much larger than IBND. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CWB has delivered higher annualized returns.

Side-by-side comparison

CWBIBND
Annual cost (TER)0.40%0.50%
Fund size (AUM)$6.2B$470M
Since20092010
Dividend yield1.37%2.67%
Asset classfixed incomefixed income
Regionnorth americaglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+1.8%
CAGR 3Y+17.2%+6.5%
CAGR 5Y+6.5%-1.5%
Sharpe 3Y1.100.37
Volatility 1Y14.77%7.96%
Max drawdown-32.06%-35.63%

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

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