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CWB vs IAUM

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG CONVERTIBLE SECURITIES ETF (CWB, ETF) and iShares Gold Trust Micro (IAUM, ETF).

5-Year PerformanceIAUM has outperformed CWB, delivering a return of +17.0% compared to +5.9%

CWB vs IAUM - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CWB
$6.20B
Winner
IAUM
$6.30B
Expense Ratio
CWB
0.40%
Winner
IAUM
0.09%
Max Drawdown
CWB
32.16%
Winner
IAUM
26.31%
Sharpe Ratio
Winner
CWB
1.11
IAUM
0.64
5Y Beta
CWB
0.64
Winner
IAUM
0.23
5Y Dividends CAGR
CWB
-4.71%
IAUM
N/A

CWB vs IAUM - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CWB
-7.17%
IAUM
-8.20%
3M
Winner
CWB
+1.75%
IAUM
-16.98%
6M
Winner
CWB
+8.91%
IAUM
-13.22%
1Y
Winner
CWB
+21.91%
IAUM
+18.79%
5Y(CAGR)
CWB
+5.91%
Winner
IAUM
+16.97%
10Y(CAGR)
CWB
+11.72%
IAUM
N/A
Max(CAGR)
CWB
+11.50%
Winner
IAUM
+17.43%

CWB vs IAUM - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearCWBIAUM
2026+12.93%-8.20%
2025+16.44%+62.10%
2024+10.97%+27.35%
2023+14.90%+12.14%
2022-20.52%+1.05%
2021+2.71%+3.87%
2020+52.07%N/A
2019+22.44%N/A
2018-3.35%N/A
2017+15.84%N/A
2016+11.56%N/A
2015-0.87%N/A
2014+8.01%N/A
2013+19.29%N/A
2012+14.23%N/A
2011-7.95%N/A
2010+12.77%N/A
2009+29.61%N/A

CWB vs IAUM Drawdown Comparison

The maximum drawdown for CWB was -32.06%, occurring on Mar 23, 2020. Recovery took 76 trading sessions.

The maximum drawdown for IAUM was -26.31%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The current CWB drawdown is -8.23%. The current IAUM drawdown is -26.31%.

RankCWBIAUM
#1-32.06%
Feb 19, 2020 - Jun 8, 2020
-26.31%
Jan 29, 2026 - Jul 16, 2026
#2-29.86%
Feb 12, 2021 - Jul 16, 2025
-20.87%
Mar 8, 2022 - Dec 1, 2023
#3-17.09%
May 2, 2011 - Oct 18, 2012
-10.05%
Oct 20, 2025 - Dec 22, 2025
#4-15.95%
Jun 1, 2015 - Jul 22, 2016
-8.09%
Oct 30, 2024 - Jan 30, 2025
#5-13.79%
Jun 20, 2018 - Feb 25, 2019
-7.14%
Apr 21, 2025 - Jun 13, 2025
#6-10.76%
Apr 26, 2010 - Oct 5, 2010
-5.74%
May 20, 2024 - Jul 16, 2024
#7-9.06%
Sep 5, 2014 - Mar 20, 2015
-5.69%
Jul 29, 2021 - Nov 9, 2021
#8-8.23%
Jun 2, 2026 - Jul 16, 2026
-5.25%
Nov 12, 2021 - Feb 14, 2022
#9-7.61%
Sep 1, 2020 - Oct 9, 2020
-4.88%
Mar 31, 2025 - Apr 10, 2025
#10-7.58%
Jan 19, 2010 - Mar 8, 2010
-4.85%
Dec 26, 2025 - Jan 12, 2026
#11-7.52%
Oct 29, 2025 - Jan 13, 2026
-4.79%
Jun 13, 2025 - Aug 29, 2025
#12-7.36%
Jan 26, 2018 - Mar 12, 2018
-4.40%
Dec 1, 2023 - Dec 27, 2023
#13-6.76%
Jan 28, 2026 - Apr 8, 2026
-4.38%
Jul 16, 2024 - Aug 12, 2024
#14-6.52%
May 21, 2013 - Jul 22, 2013
-4.23%
Apr 16, 2024 - May 17, 2024
#15-6.24%
May 3, 2019 - Jul 12, 2019
-4.15%
Dec 27, 2023 - Mar 1, 2024

Correlation

Correlation between CWB and IAUM is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86
-101

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