State Street(R) SPDR(R) Bloomberg Convertible Securities ETF

$109.66

Key Metrics

TER 40.00% per year
Distribution policy Distributing
Fund size USD 4,464 M
Inception date April 14, 2009
Holdings 337
Fund currency USD
Fund domicile US
Provider SPDR
For full official fund details, factsheets, and holdings, visit ssga.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF CWB
Fund Size
$4.6B
Dividend
1.4%
Fees
40.00%

Historical Return

Last updated: Jun 01, 2026
1 Year +35.5% +1.4% Div
3 Years (avg.) +17.3% +1.4% Div
5 Years (avg.) +5.1% +1.4% Div

Risk & Analysis Metrics

Last updated: Jun 01, 2026

Volatility

13.05% 1 Year
11.18% 3 Years
12.66% 5 Years
14.42% 10 Years

Max Drawdown

-7.59% 1 Year
-12.62% 3 Years
-29.73% 5 Years
-32.16% 10 Years

Sharpe Ratio

1.83 1 Year
1.03 3 Years
0.11 5 Years
0.39 10 Years

Return Triangle (Heatmap)

Last updated: Jun 01, 2026
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 -12.2% -1.8% 3.5% 2.7% 0.6% 1.5% 2.8% 1.3% 3.1% 6.9% 6.3% 3.6% 4.2% 4.6% 5.2%
2012 9.8% 12.3% 8.2% 4.0% 4.5% 5.5% 3.4% 5.2% 9.2% 8.3% 5.1% 5.7% 6.0% 6.5%
2013 14.8% 7.5% 2.1% 3.2% 4.7% 2.3% 4.5% 9.1% 8.2% 4.7% 5.4% 5.7% 6.3%
2014 0.6% -3.6% -0.4% 2.3% 0.0% 2.9% 8.4% 7.4% 3.6% 4.5% 4.9% 5.6%
2015 -7.7% -0.9% 2.9% -0.2% 3.3% 9.7% 8.4% 4.0% 4.9% 5.3% 6.1%
2016 6.4% 8.7% 2.5% 6.3% 13.6% 11.3% 5.8% 6.6% 6.8% 7.6%
2017 11.0% 0.6% 6.3% 15.4% 12.3% 5.7% 6.6% 6.9% 7.7%
2018 -8.8% 4.0% 17.0% 12.7% 4.6% 5.9% 6.3% 7.3%
2019 18.7% 32.5% 20.9% 8.3% 9.1% 9.1% 9.8%
2020 47.9% 22.1% 5.1% 6.9% 7.3% 8.4%
2021 0.7% -11.4% -4.1% -1.0% 1.9%
2022 -22.2% -6.4% -1.6% 2.2%
2023 12.5% 10.7% 11.9%
2024 8.8% 11.6%
2025 14.4%

Distributions

*by ETF Portfolio Weight Last updated: Jun 01, 2026

Profit Margin Distribution

< 0%
31%
1y 3y N/A N/A
0 - 5%
18%
1y 3y N/A N/A
5 - 10%
10%
1y 3y N/A N/A
10 - 15%
18%
1y 3y N/A N/A
15 - 20%
10%
1y 3y N/A N/A
20 - 30%
9%
1y 3y N/A N/A
30 - 40%
0%
1y 3y N/A N/A
> 40%
5%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
27%
1y 3y N/A N/A
0 - 10
5%
1y 3y N/A N/A
10 - 15
6%
1y 3y N/A N/A
15 - 20
6%
1y 3y N/A N/A
20 - 25
12%
1y 3y N/A N/A
25 - 35
9%
1y 3y N/A N/A
35 - 50
5%
1y 3y N/A N/A
> 50
30%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
0.2%
1y 3y N/A N/A
Small Cap
5.1%
1y 3y N/A N/A
Mid Cap
24.5%
1y 3y N/A N/A
Large Cap
65.8%
1y 3y N/A N/A
Mega Cap
4.3%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jun 01, 2026
11.3% Top 5 Holdings
16.4% Top 10 Holdings
43.6% Top 50 Holdings
64.3% Top 100 Holdings
Top 5 Companies
BA Boeing Co.
2.9%
BABA Alibaba Group Holding Ltd
2.9%
WDC Western Digital Corp.
2.8%
BAC Bank Of America Corp.
1.5%
LITE Lumentum Holdings Inc
1.3%

Latest News

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For most of 2026, investors have been focused on interest rates, tariffs, and whether the U.S.

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Stocks That Failed The Core Earnings Test In 2Q2026

As Ben Hogan said:

Average metrics of all companies in portfolio

Last updated: May 31, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $54.5B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 0.81% 2.02%
Beta Indicates the relationship between the price performance of a share and the market. 1.44 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 55.17 29.69
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -99.26 -
Profitable Companies 72% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 221.14 17.06
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 23.38 7.44
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 6.95 11.28
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT -6.45 21.27
Enterprise Value to Revenue Enterprise value divided by revenue 17.11 8.71
Total Debt to Enterprise Value Total debt divided by enterprise value 0.3 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. - 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 44.68% 21.08%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - -107.0%
Return on Equity Equity divided by market cap. 42.40% 3.50%
Return on Assets Indicates a company's profitability in relation to its total assets. 6.69% 4.45%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. -25.18% 4.22%

Sectors

Manufacturing 33.4%
Information 18.8%
Utilities 9.3%
Professional, Scientific, and Technical Services 3.3%
Retail Trade 3.0%
Finance and Insurance 2.8%
Mining, Quarrying, and Oil and Gas Extraction 1.7%
Construction 0.7%
Wholesale Trade 0.5%
Transportation and Warehousing 0.4%
Financial Services 0.4%
Accommodation and Food Services 0.4%
Arts, Entertainment, and Recreation 0.3%
Health Care and Social Assistance 0.3%
Real Estate 0.2%
Educational Services 0.2%
Administrative and Support and Waste Management and Remediation Services 0.2%
Real Estate and Rental and Leasing 0.1%
Technology 0.0%
Other 24.1%

Countries

United States 85.0%
Netherlands 4.2%
China 2.9%
Israel 1.7%
Australia 1.5%
Singapore 1.1%
Cayman Islands 1.0%
Bermuda 1.0%
Canada 0.6%
Other 0.4%
India 0.3%
United Kingdom 0.3%
Switzerland 0.2%
Monaco 0.1%

Stock Screener

Select filters to narrow down the 176 investments below

176 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap $183.1B
P/E Ratio 28.3
Dividends 0.1%
Total Investment $150.02M
Weight 3.36%

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Market Cap $182.22B
P/E Ratio 83.4
Dividends 0.0%
Total Investment $94.38M
Weight 2.11%

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Market Cap $289.94B
P/E Ratio 2.5
Dividends 1.6%
Total Investment $90.81M
Weight 2.03%

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Market Cap $66.52B
P/E Ratio 139.0
Dividends 0.0%
Total Investment $74.1M
Weight 1.66%

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Market Cap $66.52B
P/E Ratio 139.0
Dividends 0.0%
Total Investment $71.65M
Weight 1.60%

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Market Cap $66.52B
P/E Ratio 139.0
Dividends 0.0%
Total Investment $58.93M
Weight 1.32%

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Market Cap $649.44B
P/E Ratio 39.8
Dividends 0.9%
Total Investment $58.4M
Weight 1.31%

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Market Cap $366.18B
P/E Ratio 11.8
Dividends 2.1%
Total Investment $47.59M
Weight 1.07%

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Market Cap $20.81B
P/E Ratio -89.3
Dividends 0.9%
Total Investment $40.24M
Weight 0.90%

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Market Cap $66.52B
P/E Ratio 139.0
Dividends 0.0%
Total Investment $40.22M
Weight 0.90%

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Market Cap $81.07B
P/E Ratio 13310.7
Dividends 0.0%
Total Investment $33.51M
Weight 0.75%

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Market Cap $69.41B
P/E Ratio 75.0
Dividends 0.0%
Total Investment $32.91M
Weight 0.74%

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Market Cap $21.74B
P/E Ratio 49.9
Dividends 0.0%
Total Investment $32.31M
Weight 0.72%

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Market Cap $21.9B
P/E Ratio 66.8
Dividends 0.3%
Total Investment $29.79M
Weight 0.67%

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Market Cap $85.51B
P/E Ratio -983.5
Dividends 0.0%
Total Investment $28.65M
Weight 0.64%

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Market Cap $181.45B
P/E Ratio 22.2
Dividends 2.7%
Total Investment $28.63M
Weight 0.64%

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Market Cap $103.77B
P/E Ratio 23.7
Dividends 3.2%
Total Investment $26.68M
Weight 0.60%

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