ETF comparison

CWBvsICVT

Both US Corporate Bond.

State Street SPDR Bloomberg Convertible Securities ETF · iShares Convertible Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
67.9%

264 positions appear in both funds. Buying equal dollars of CWB and ICVT would leave roughly67.9%of each dollar exposed to the same underlying securities.

CWB only 31.6%Shared 67.9%ICVT only 30.3%
In CWB only
80 positions
Shared
264 positions
In ICVT only
95 positions

Side by side

CWB

State Street SPDR Bloomberg Convertible Securities ETF

State Street · US Corporate Bond

71composite / 100
Expense ratio
0.40%
Net assets
$5.61B
TTM yield
1.55%
Top-10 conc.
19.3%
ICVT

iShares Convertible Bond ETF

iShares · US Corporate Bond

81composite / 100
Expense ratio
0.20%
Net assets
$7.81B
TTM yield
1.40%
Top-10 conc.
17.9%

Sub-score comparison

60
Cost
80
57
Tax efficiency
58
89
Liquidity
95
87
Concentration
89
Tracking quality
CWBsub-scoreICVT

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

ICVT is 20 bps cheaper than CWB. On a $100,000 position that's about $200/yr more in fees for CWB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with CWB vs ICVT.

Top shared holdings

264 shared in total
#HoldingIn CWBIn ICVTOverlap
1WESTERN DIGITAL CORP5.54%5.19%5.19%
2LUMENTUM HOLDINGS INC1.44%1.75%1.44%
3ALIBABA GROUP HOLDING1.42%2.07%1.42%
4LUMENTUM HOLDINGS INC1.38%1.67%1.38%
5BLOOM ENERGY CORP1.12%1.23%1.12%
6MKS INC1.01%0.80%0.80%
7COREWEAVE INC0.73%0.95%0.73%
8NEBIUS GROUP NV1.08%0.72%0.72%
9SEAGATE HDD CAYMAN0.70%0.90%0.70%
10WELLTOWER OP LLC0.61%0.65%0.61%
11NEBIUS GROUP NV0.82%0.59%0.59%
12NEBIUS GROUP NV0.84%0.58%0.58%

Only in CWB

80 total
  • BOEING CO/THE1.87%
  • WELLS FARGO & COMPANY1.10%
  • ORACLE CORP1.10%
  • ALPHABET INC0.93%
  • Bank of America Corp0.93%
  • ALPHABET INC0.92%
  • HP ENTERPRISE CO0.84%
  • GAMESTOP CORP0.68%
  • DOORDASH INC0.66%
  • IREN LTD0.63%

Only in ICVT

95 total
  • LUMENTUM HOLDINGS INC2.16%
  • LUMENTUM HOLDINGS INC1.13%
  • GAMESTOP CORP0.82%
  • DOORDASH INC0.73%
  • CLOUDFLARE INC0.65%
  • AKAMAI TECHNOLOGIES INC0.65%
  • SUPER MICRO COMPUTER INC0.52%
  • SOUTHERN CO0.48%
  • ADVANCED ENERGY IND0.46%
  • FIRSTENERGY CORP0.41%

Open CWB or ICVT at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.