CWB Performance — State Street(R) SPDR(R) Bloomberg Convertible Securities ETF
Data updated: 2026-09-11
CWB returned +21.59% year to date and +32.40% over one year to Jun 2026. Annualised returns are +17.67% over 3 years and +6.50% over 5 years. The fund beat its Preferred & Convertible category average: $100 invested three years ago grew to $163, against $155 for the category, and to $132 over one year, against $128. Volatility over the past three years was 11.88% a year. In the 12 months to Jun 2026 the fund took in a net $1.0B, and assets reached $6.20B.
CWB Growth of $100
What $100 invested in State Street(R) SPDR(R) Bloomberg Convertible Securities ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Preferred & Convertible category average over the same months.
| Period | CWB | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $132 | $128 |
| 3 years (Jul 2023 – Jun 2026) | $163 | $155 |
| 5 years (Jul 2021 – Jun 2026) | $137 | $137 |
| Since data start (Jul 2019 – Jun 2026) | $238 | $209 |
CWB Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.59% |
| 1 year | +32.40% |
| 3 years (annualised) | +17.67% |
| 5 years (annualised) | +6.50% |
CWB Annual Returns
Calendar-year total returns of State Street(R) SPDR(R) Bloomberg Convertible Securities ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +21.59% |
| 2025 | +16.56% |
| 2024 | +10.09% |
| 2023 | +14.30% |
| 2022 | −20.60% |
| 2021 | +2.25% |
| 2020 | +53.35% |
| 2019 (Jul–Dec) | +7.10% |
CWB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.6% | +1.2% | −2.8% | +10.6% | +6.9% | 0.0% | — | — | — | — | — | — |
| 2025 | +2.9% | −1.3% | −2.8% | +1.3% | +3.0% | +3.9% | +2.7% | +1.9% | +5.0% | +3.0% | −2.5% | −1.3% |
| 2024 | −1.3% | +0.9% | +2.0% | −3.6% | +2.0% | +1.0% | +1.6% | +1.6% | +3.0% | +0.6% | +6.3% | −4.1% |
| 2023 | +6.0% | −1.6% | +0.2% | −1.4% | +1.0% | +5.1% | +2.7% | −2.7% | −2.5% | −4.0% | +5.4% | +5.9% |
| 2022 | −7.1% | −0.5% | +0.8% | −7.3% | −3.5% | −5.9% | +5.1% | +0.4% | −6.1% | +2.7% | +2.2% | −2.6% |
| 2021 | +2.4% | +2.9% | −4.1% | +2.9% | −1.3% | +3.0% | −1.1% | +1.8% | −2.1% | +3.3% | −4.5% | −0.4% |
| 2020 | +3.3% | −3.5% | −13.3% | +11.8% | +7.1% | +5.9% | +7.9% | +9.5% | −2.7% | −0.1% | +13.6% | +7.2% |
| 2019 | — | — | — | — | — | — | +1.5% | −1.5% | −0.4% | +1.7% | +2.7% | +3.0% |
CWB Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.88%
- 3-year Sharpe ratio: 1.11 (vs 4.5% risk-free rate)
- Best month: +10.57% (Apr 2026)
- Worst month: −4.08% (Dec 2024)
CWB Fund Flows
Monthly money in and out of State Street(R) SPDR(R) Bloomberg Convertible Securities ETF, from SEC Form N-PORT.
- 12-month net flow: $1.0B
- 12-month gross sales (incl. reinvestments): $2.7B
- Sales ÷ redemptions: 1.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $173.5M | $193.7M | −$20.3M |
| May 2026 | $232.1M | $92.2M | $139.9M |
| Apr 2026 | $863.0M | $103.0M | $760.0M |
| Mar 2026 | $178.7M | $710.9M | −$532.2M |
| Feb 2026 | $159.6M | $103.5M | $56.1M |
| Jan 2026 | $282.0M | $0 | $282.0M |
| Dec 2025 | $71.6M | $171.8M | −$100.1M |
| Nov 2025 | $136.8M | $90.6M | $46.2M |
| Oct 2025 | $111.2M | $64.6M | $46.5M |
| Sep 2025 | $80.6M | $78.7M | $1.9M |
| Aug 2025 | $127.6M | $34.2M | $93.5M |
| Jul 2025 | $263.3M | $0 | $263.3M |
CWB Assets Under Management
Net assets of State Street(R) SPDR(R) Bloomberg Convertible Securities ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $6.20B |
| 2026-03-31 | $4.46B |
| 2025-12-31 | $4.55B |
| 2025-09-30 | $4.62B |
| 2025-06-30 | $3.88B |
| 2025-03-31 | $3.83B |
| 2024-12-31 | $4.33B |
| 2024-09-30 | $3.62B |
| 2024-06-30 | $3.42B |
| 2024-03-31 | $3.69B |
| 2023-12-31 | $3.68B |
| 2023-09-30 | $4.43B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.