(CWB) Bloomberg Convertible - NYSE

ETF Category: Convertibles | Exchange: NYSE (USA) | Market Cap: 6.237m USD | Total Return: 29.7% in 12m

Convertible Bonds, Preferred Stock
Total Rating 61
Safety 40
Buy Signal -0.39
Convertibles
Category Rotation: -14.2
TER: 0.40%
AUM: 6.24B
Avg Turnover: 93.6M
Risk 3d forecast
Volatility21.9%
VaR 5th Pctl4.12%
VaR vs Median4.64%
Reward TTM
Sharpe Ratio1.54
Rel. Str. IBD64.9
Rel. Str. Peer Group25
Character TTM
Beta0.779
Beta Downside0.703
Hurst Exponent0.376
Drawdowns 3y
Max DD11.92%
CAGR/Max DD1.43
CAGR/Mean DD7.93

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality

Coming soon
Description: CWB Bloomberg Convertible

The SPDR® Bloomberg Convertible Securities ETF (CWB) tracks the performance of the U.S. convertible securities market, including convertible bonds and preferred stocks. The fund maintains a policy of investing at least 80% of its assets in securities that mirror the underlying indexs economic profile. Convertible securities function as hybrid instruments, offering fixed-income protection through coupon payments while allowing investors to participate in equity upside if the underlying stock price rises above a predetermined strike price.

This asset class is frequently utilized by mid-cap companies seeking lower interest rates than traditional debt by offering lenders potential equity ownership. Because these instruments sit between debt and equity in the capital structure, they often exhibit lower volatility than common stocks while providing higher yields. Investors may find it useful to evaluate how these holdings align with broader market trends on ValueRay. Since its inception in 2009, CWB has served as a primary liquid vehicle for accessing this specific niche of the credit market.

Headlines to Watch Out For
  • Equity market volatility increases demand for hybrid convertible security structures
  • Federal Reserve interest rate pivots impact underlying corporate bond valuations
  • Technology and healthcare sector concentration drives performance of convertible issuers
  • Corporate issuance volume scales as companies seek lower-cost debt financing
What is the price of CWB shares?

As of June 29, 2026, the stock is trading at USD 105.50 with a total of 1,030,040 shares traded. Over the past week, the price has changed by -4.59%, over one month by -1.92%, over three months by +18.94% and over the past year by +29.70%.

Current recommended Stop Loss: 99.80 (which is 5.4% or 2.5 ATR below the current price).

Is CWB a buy, sell or hold?

Bloomberg Convertible has no consensus analysts rating.