State Street SPDR Bloomberg Convertible Securities ETF
State Street SPDR Bloomberg Convertible Securities ETF (CWB) is a passive ETF from SPDR ETFs, ISIN US78464A3591.
Passive
United States
Fund size (GBP) £4.5B
The State Street SPDR Bloomberg Convertible Securities ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities markets.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+15.5%Q1
1 year return
+45.3%Q1
3 year return
+33.5%Q1
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month+1.1%
3 months−5.8%
Volatility, 3 years12.6%
Ongoing charge (OCF)
Fund size (GBP)£4.5B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 5 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 5 Oct 2026.
Technology41.1%
Finance15.0%
Consumer Cyclical11.4%
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 5 Oct 2026.
USA88.4%
Netherlands4.7%
Cayman Islands4.2%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 5 Oct 2026.
US Fixed Interest71.1%
Preference Shares13.6%
Dutch Fixed Interest4.7%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 5 Jul 2026.
1. WESTERN DIGITAL CORPORATION 3% CNV BDS 15/11/28 USD10005.4%
2. BOEING CO2.0%
3. ALIBABA GROUP HOLDING LIMITED 0.5% CNV BDS 01/06/31 USD10001.7%
4. ORACLE CORP1.6%
5. LUMENTUM 0.375% 15-03-32 CV1.4%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years12.6%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)1.35
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−15.2%
Alpha, 3 years (FE)
−4.98
Beta, 3 years (FE)
1.83
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 5 Jul 2026.
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
US78464A3591
Management company
SSGA Funds Management, Inc.
Depositary
State Street Global Advisors Funds Management Inc.
Benchmark
Bloomberg U.S. Convertible Liquid Bond Index
Ongoing charge
Share class launch date
16 Apr 2009
Domicile
US
Fund type
open-ended fund
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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