CWB ETF Analysis: Bloomberg Convertible | NYSE
Convertibles | NYSE, USA | Market Cap: 5.810m USD | 12M Return: 24.2% | US78464A3591 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 63.2M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The SPDR Bloomberg Convertible Securities ETF (CWB) tracks an index designed to represent the U.S. convertible securities market, primarily including convertible bonds and convertible preferred stock. The fund invests at least 80% of its total assets in securities that make up the index or in holdings with substantially identical economic characteristics. Convertible securities are hybrid instruments that combine features of both debt and equity, typically allowing holders to convert their bonds or preferred shares into a predetermined number of common stock shares.
- Treasury yields rise pressuring convertible bond valuations
- Equity market rally boosts equity-linked convertible upside
- High yield credit spreads widen as risk appetite fades
- Convertible issuance surges amid low rate refinancing demand
As of August 21, 2026, the stock is trading at USD 103.57 with a total of 664,917 shares traded. Over the past week, the price has changed by -2.66%, over one month by +1.93%, over three months by +0.88% and over the past year by +24.24%.
Current recommended Stop Loss: 100.90 (which is 2.6% or 1.3 ATR below the current price).
Bloomberg Convertible has no consensus analysts rating.