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ACVT vs CWB

Advent Convertible Bond ETF

ACVTCNYSE Arca

State Street SPDR Bloomberg Convertible Securities ETF

CWBANYSE Arca

Overlap

No data

Expense ratio

CWB −0.25pt a year

ACVT0.65%CWB0.40%

Avg volume · 30D

CWB 123.5×the volume

ACVT5.09KCWB629K

ACVT vs CWB Performance

Oct 31, 2025 – Oct 30, 2026

+5.2%ACVT+3.3%CWB

Oct 31, 2025 to Oct 30, 2026. ACVT +5.2%. CWB +3.3%. Use the arrow keys to read each point.−5%10%15%20%Oct 2025Apr 2026Oct 2026
Expense ratio
ACVT 0.65%
CWB 0.40%, better
Fund size
ACVT $43M
CWB $5.46B
1Y total return
ACVT +5.2%, better
CWB +3.3%
Yield (12M)
ACVT 1.66%
CWB 1.68%, better
Holdings
ACVT 63
CWB 365
Avg volume (30D)
ACVT 5.09K sh
CWB 629K sh, better
NAV per share
ACVT $27.70
CWB $96.53
52W range

ETF.net Grade

ACVT: Cost 56, Risk 79, Mission 30, Tradability 32, Holdings 67, Durability 49. CWB: Cost 73, Risk 50, Mission 100, Tradability 77, Holdings 79, Durability 83.
Pillar letters and Scores for ACVT, CWB, with each pillar’s weight
PillarACVTCWB
Cost30% weightB56A73Higher
Mission25% weightD30A100Higher
Risk15% weightA79HigherC50
Tradability15% weightD32A77Higher
Holdings10% weightB67A79Higher
Durability5% weightC49A83Higher

Rank among Convertible Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ACVT and CWB are both graded against the same 7 Convertible Bond funds, so their Grades compare head to head.

Convertible Bond⁠

Category · 7 funds
See all 7 ›

CWB ranks 2nd and ACVT 4th of 7 funds in the Convertible Bond Category.

  1. Rank 1AICVTiShares Convertible Bond ETFScore 83
  2. Rank 2ACWBState Street SPDR Bloomberg Convertible Securities ETFScore 78
  3. Rank 3CCVRTCalamos Convertible Equity Alternative ETFScore 51
  4. Rank 4CACVTAdvent Convertible Bond ETFScore 50
  5. Rank 5CFCVTFirst Trust SSI Strategic Convertible Securities ETFScore 49

Our read on each fund

ETF.net Research

ACVTCAdvent Convertible Bond ETF

CWBAState Street SPDR Bloomberg Convertible Securities ETF

In short

ACVT No data

CWB Convertible bonds are the hybrids of corporate credit: debt that can turn into stock. CWB has packaged them since 2009, tracking a Bloomberg index tilted toward the market's tradable issues, and it pays monthly.

Stated mandate

ACVT No data

CWB The fund seeks to track the price and yield performance of the Bloomberg U.S. Convertible Liquid Bond Index before fees and expenses. It invests in qualifying U.S. convertible securities.

Why people hold it

ACVT No data

  • CWB One holding, two jobs. Convertibles pay a coupon like bonds and convert into shares. You get roughly 400 of them for 0.40% a year, with distributions arriving monthly.
  • The benchmark itself is picky about tradability: the Bloomberg U.S. Convertible Liquid Bond Index, as the name signals, leans toward the liquid end of a thinly traded market.
  • Running since 2009 and now a multi-billion-dollar fund that trades actively. Tracking of its index has been tight, and the plumbing is among the sturdiest in its peer group.

Worth knowing

ACVT No data

  • CWB Filed under fixed income, wired to equities. When the underlying stocks run, convertibles follow them up; when stocks sink, the swings look nothing like a core bond fund's.
  • 0.40% is niche pricing. Broad index trackers in the same cohort run single-digit basis points (SCHK 0.03%, VT 0.06%), so you pay up for the convertible plumbing.
  • Convertibles are a small corner of US credit. The investable pool is narrow (roughly 400 positions), so a handful of large issuers can shape the ride.

Full ACVT profile⁠

Full CWB profile⁠

ACVT vs CWB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ACVT vs CWB Cost

Overpaying ACVT vs CWB

$4,627

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ACVT 0.65%

    $12,717

  • CWB 0.40%

    $8,090

$10,000
30 years

Cost over time

  • ACVT 0.65%
  • CWB 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ACVT $12,717CWB $8,090

Year by year

YearACVTCWBOverpaying
10$1,163$723$440
20$4,440$2,793$1,647
30$12,717$8,090$4,627

Expense ratio

  • 0.65%ACVT
  • 0.40%CWB, cheaper
  • Middle half of Convertible Bond funds
  • Median 0.69%

CWB 2nd cheapest of 7 funds

ACVT 3rd cheapest of 7 funds

ACVT vs CWB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ACVT 1.66%
CWB 1.68%, better
Payout (12M)
ACVT $0.46
CWB $1.59
Last payment
ACVT $0.03
CWB $0.09
Ex-dividend
ACVT Oct 27, 2026
CWB Oct 1, 2026
Paid on
ACVT Oct 28, 2026
CWB Oct 6, 2026
Frequency
ACVT Monthly
CWB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

ACVTMonthly · 18 paymentsAll ACVT payments⁠
One bar per payment. 18 payments from 2023 to 2026 YTD. Jun 2, 2025 $0.03; Jul 1, 2025 $0.04; Aug 1, 2025 $0.04; Sep 2, 2025 $0.02; Oct 1, 2025 $0.04; Nov 3, 2025 $0.03; Dec 1, 2025 $0.04; Dec 30, 2025 $0.08; Jan 29, 2026 $0.04; Feb 26, 2026 $0.03; Mar 30, 2026 $0.04; Apr 28, 2026 $0.04; May 28, 2026 $0.03; Jun 29, 2026 $0.03; Jul 28, 2026 $0.03; Aug 27, 2026 $0.03; Sep 28, 2026 $0.03; Oct 27, 2026 $0.03. Use the arrow keys to read each point.$0$0.2520232026YTD
CWBMonthly · 45 paymentsAll CWB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.06; Mar 1, 2023 $0.15; Apr 3, 2023 $0.11; May 1, 2023 $0.05; Jun 1, 2023 $0.14; Jul 3, 2023 $0.09; Aug 1, 2023 $0.08; Sep 1, 2023 $0.16; Oct 2, 2023 $0.12; Nov 1, 2023 $0.12; Dec 1, 2023 $0.13; Dec 18, 2023 $0.21; Feb 1, 2024 $0.09; Mar 1, 2024 $0.13; Apr 1, 2024 $0.10; May 1, 2024 $0.08; Jun 3, 2024 $0.13; Jul 1, 2024 $0.08; Aug 1, 2024 $0.11; Sep 3, 2024 $0.13; Oct 1, 2024 $0.07; Nov 1, 2024 $0.11; Dec 2, 2024 $0.14; Dec 19, 2024 $0.28; Feb 3, 2025 $0.10; Mar 3, 2025 $0.16; Apr 1, 2025 $0.10; May 1, 2025 $0.14; Jun 2, 2025 $0.16; Jul 1, 2025 $0.09; Aug 1, 2025 $0.12; Sep 2, 2025 $0.15; Oct 1, 2025 $0.08; Nov 3, 2025 $0.13; Dec 1, 2025 $0.14; Dec 18, 2025 $0.16; Feb 2, 2026 $0.09; Mar 2, 2026 $0.15; Apr 1, 2026 $0.10; May 1, 2026 $0.12; Jun 1, 2026 $0.16; Jul 1, 2026 $0.09; Aug 3, 2026 $0.21; Sep 1, 2026 $0.15; Oct 1, 2026 $0.09. Use the arrow keys to read each point.$0$0.2520232026YTD

ACVT vs CWB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ACVT 5.9%since May 2025CWB 12.8%
Return per unit of riskSharpe ratio, 3 years
ACVT 0.78since May 2025CWB 0.85
Worst fallMax drawdown, 5 years
ACVT −4.8%since Apr 2025CWB −28.4%
Market sensitivityBeta, 5 years
ACVT 0.44CWB 1.09

Popular comparisons

  • ACVTCvsICVTA

    Advent Convertible Bond ETF · iShares Convertible Bond ETF

    Expense ratio
    0.65% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CWBAvsICVTA

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

    Expense ratio
    0.40% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACVTCvsCVRTC

    Advent Convertible Bond ETF · Calamos Convertible Equity Alternative ETF

    Expense ratio
    0.65% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CWBAvsCVRTC

    State Street SPDR Bloomberg Convertible Securities ETF · Calamos Convertible Equity Alternative ETF

    Expense ratio
    0.40% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACVTCvsFCVTC

    Advent Convertible Bond ETF · First Trust SSI Strategic Convertible Securities ETF

    Expense ratio
    0.65% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CWBAvsFCVTC

    State Street SPDR Bloomberg Convertible Securities ETF · First Trust SSI Strategic Convertible Securities ETF

    Expense ratio
    0.40% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.