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CWB vs SPBO

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

CWB

State Street SPDR Bloomberg Convertible Securities ETF

Annual cost

0.40%

Fund size

$6.2B

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Annual cost

0.03%

Fund size

$2.0B

Key differences

Both CWB and SPBO are fixed income ETFs. CWB charges 0.40% a year and SPBO 0.03%. The main difference: CWB covers North America; SPBO covers global markets.

  • CWB covers North America; SPBO covers global markets.
  • SPBO costs 0.37% less per year.
  • CWB is much larger than SPBO. 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

CWBSPBO
Annual cost (TER)0.40%0.03%
Fund size (AUM)$6.2B$2.0B
Since20092011
Dividend yield1.37%5.09%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+5.8%
CAGR 3Y+17.2%+5.5%
CAGR 5Y+6.5%+0.8%
Sharpe 3Y1.100.32
Volatility 1Y14.77%4.34%
Max drawdown-32.06%-22.04%

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

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