ducovest

CWB:NYE-SPDR® Bloomberg Convertible Securities ETF (USD)

ETF | Convertibles |

Last Closing

USD 76.59

Change

0.00 (0.00)%

Market Cap

USD 3.23B

Volume

0.24M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock.

Company Website : http://www.spdrs.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-28 )

Largest Industry Peers for Convertibles

ETFs Containing CWB

INKM SPDR® SSgA Income Alloca.. 4.11 % 0.39 %

N/A

 USD 0.08B
CDZ:CA iShares S&P/TSX Canadian .. 2.25 % 0.66 %

N/A

 CAD 0.94B
PDN Invesco FTSE RAFI Develop.. 0.00 % 0.49 %

N/A

 N/A
QED 0.00 % 0.76 %

N/A

 N/A
QGTA 0.00 % 0.37 %

N/A

 N/A
DWFI 0.00 % 0.15 %

N/A

 N/A
EXGB:CA 0.00 % 0.95 %

N/A

 N/A
EXGG:CA 0.00 % 0.95 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Convertibles) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.15% 100% F 46% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.15% 100% F 46% F
Trailing 12 Months  
Capital Gain 12.96% 100% F 47% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.96% 100% F 47% F
Trailing 5 Years  
Capital Gain 46.02% 100% F 71% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 46.02% 100% F 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 8.52% N/A N/A 65% D
Dividend Return 10.69% N/A N/A 63% D
Total Return 2.17% N/A N/A 48% F
Risk Return Profile  
Volatility (Standard Deviation) 26.33% N/A N/A 39% F
Risk Adjusted Return 40.58% N/A N/A 57% F
Market Capitalization 3.23B 100% F 72% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike