SPDR Bloomberg Convertible Securities ETF
Ticker
CWB
ISIN
US78464A359
Price
USD 78.85
Change Today
-0.56 / -0.705 %
Price 1 year ago
64.66 / 21.952 %
Morningstar
4
52 Week Low
65.80
52 Week High
79.94
200 Day Moving Average 72.75
72.75
50-day Moving Average
76.49
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 1.82 |
| Sortino Ratio | 0.76 |
| Maximum Drawdown | -2.48% |
| Maximum Drawdown Date | 2024-01-04 |
| Calmar Ratio | -17.43 |
1 year
| Parameter | Value |
|---|---|
| Return | 2.06 |
| Volatility | 3.423% |
| Alpha | -4.69 |
| Beta | None |
| R Squared | +79.45 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 11.112% |
| Average Annual Volatility | 13.026% |
| Sharpe Ratio | 0.85 |
| Sortino Ratio | 0.80 |
| Maximum Drawdown | -32.0% |
| Maximum Drawdown Date | 2020-03-23 |
| Calmar Ratio | -0.34 |
Company information
Summary
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Convertible Liquid Bond Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock.
Market
US
Category
Convertibles
Expense Ratio
0.40%
Fund family
SPDR State Street Global Advisors
Morningstar
4
Yield
0.041100003
Exchange
PCX
| Sector | Weight |
|---|---|
| Utilities | 89.26% |
| Industrials | 0.19% |
| Healthcare | 0.15% |
| Communication services | 0.08% |
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Financial services | 0.00% |
| Energy | 0.00% |
| Country | Ratio |
|---|---|
| United States | 90.53 |
| Canada | 9.47 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Chile | 0.00 |
| China | 0.00 |
| Colombia | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| AVGOP | Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A | 1.89% |
| WFCPL | Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 1.88% |
| BACPL | Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 1.44% |
| Sea Ltd 2.38% | 1.35% | |
| DHRPA | Danaher Corp PRF CONVERT 15/04/2022 USD - Ser A | 1.12% |
| Palo Alto Networks Inc 0.38% | 1.04% | |
| Southwest Airlines Co. 1.25% | 1.04% | |
| ArcelorMittal S.A. 0% | 1.0% | |
| DHRPB | Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B | 0.99% |
| DISH Network Corporation 3.38% | 0.98% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| BCD | abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF | ISINUS00326 | PCX | 0.29% | 4 | +4.21 | |
| CWB | SPDR Bloomberg Convertible Securities ETF | US78464A359 | PCX | 0.40% | 4 | -4.69 | |
| DJP | iPath Bloomberg Commodity Index Total Return(SM) ETN | US06738C778 | PCX | 0.70% | 5 | ||
| EBND | SPDR Bloomberg Emerging Markets Local Bond ETF | IE00B461338 | PCX | 0.30% | 4 | +5.63 | |
| EMDD.L | SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist) | IE00B461338 | LSE | 0.60% | 4 | +1.52 | |
| FLRN | SPDR Bloomberg Investment Grade Floating Rate ETF | US78468R200 | PCX | 0.15% | 4 | -0.06 | |
| GLTS.L | SPDR Bloomberg 1-5 Year Gilt UCITS ETF | IE00B6YX5K1 | LSE | 0.15% | 4 | ||
| SJNK | SPDR Bloomberg Short Term High Yield Bond ETF | US78468R408 | PCX | 0.40% | 4 | +4.18 | |
| TIPX | SPDR Bloomberg 1-10 Year TIPS ETF | US78468R861 | PCX | 0.15% | 4 | -0.10 | |
| TSY3.L | SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF | IE00BC7GZJ8 | LSE | 0.15% | 4 | -1.87 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.