ducovest

CWB:ARCA-SPDR Bloomberg Barclays Convertible Securities (USD)

ETF | Convertibles | NYSE Arca

Last Closing

USD 76.59

Change

0.00 (0.00)%

Market Cap

USD 2.87B

Volume

0.51M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays U.S. Convertible Bond >$500MM Index. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or 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 with outstanding issue sizes greater than $500 million. It is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 14/04/2009

Primary Benchmark: BBgBarc US Cnvt Lq Bond TR USD

Primary Index: Morningstar Mod Tgt Risk TR USD

Gross Expense Ratio: 0.4%

Management Expense Ratio: 0.40 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
NEE-PR Nextera Energy Inc 0.75 %
AATRL Amg Cap Tr Ii 0.13 %
TTWO Take-Two Interactive Software Inc 0.00 %
SO Southern Company 0.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-30 )

Largest Industry Peers for Convertibles

ETFs Containing CWB

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

-0.02 (0%)

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

+0.09 (+0%)

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

+0.02 (+0%)

 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 (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.15% 50% F 45% F
Dividend Return 1.17% 50% F 23% F
Total Return 7.33% 50% F 39% F
Trailing 12 Months  
Capital Gain 13.62% 50% F 44% F
Dividend Return 1.93% 50% F 27% F
Total Return 15.55% 50% F 41% F
Trailing 5 Years  
Capital Gain 48.26% 50% F 68% D+
Dividend Return 13.45% 50% F 48% F
Total Return 61.71% 50% F 68% D+
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 2.87B 50% F 71% 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:

There is nothing we particularly like

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.