CWB vs LVHI

Comparison between SPDR(R) BLOOMBERG CONVERTIBLE SECURITIES ETF (CWB, ETF) and FRANKLIN INTERNATIONAL LOW VOLATILITY HIGH DIVIDEND INDEX ETF (LVHI, ETF).

5-Year PerformanceLVHI has outperformed CWB, delivering a return of +15.8% compared to +6.8%

CWB vs LVHI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWB(ETF)	LVHI(ETF)
Net Assets	$4.50B	$4.60B
Expense Ratio	0.40%	0.40%
Max Drawdown	32.16%	35.87%
Sharpe Ratio	2.09	2.63
5Y Beta	0.60	0.46
5Y Dividends CAGR	-3.19%	11.18%

Net Assets

CWB

$4.50B

Winner

LVHI

$4.60B

Expense Ratio

CWB

0.40%

LVHI

0.40%

Max Drawdown

Winner

CWB

32.16%

LVHI

35.87%

Sharpe Ratio

CWB

2.09

Winner

LVHI

2.63

5Y Beta

CWB

0.60

Winner

LVHI

0.46

5Y Dividends CAGR

CWB

-3.19%

Winner

LVHI

11.18%

CWB vs LVHI - Historical Returns

Returns include dividend reinvestment.

Period	CWB	LVHI
1 month	+8.73%	-1.77%
3 months	+10.59%	+1.50%
6 months	+14.92%	+15.72%
1 year	+34.91%	+32.18%
5 years(CAGR)	+6.80%	+15.76%
10 years(CAGR)	+12.67%	+11.17%
Max(CAGR)	+11.81%	+11.17%

Winner

CWB

+8.73%

LVHI

-1.77%

Winner

CWB

+10.59%

LVHI

+1.50%

CWB

+14.92%

Winner

LVHI

+15.72%

Winner

CWB

+34.91%

LVHI

+32.18%

5Y(CAGR)

CWB

+6.80%

Winner

LVHI

+15.76%

10Y(CAGR)

Winner

CWB

+12.67%

LVHI

+11.17%

Max(CAGR)

Winner

CWB

+11.81%

LVHI

+11.17%

CWB vs LVHI - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	CWB	LVHI
2026	+16.16%	+9.26%
2025	+16.44%	+26.94%
2024	+10.97%	+14.48%
2023	+14.90%	+15.59%
2022	-20.52%	+3.08%
2021	+2.71%	+17.22%
2020	+52.07%	-9.74%
2019	+22.44%	+18.02%
2018	-3.35%	-5.49%
2017	+15.84%	+10.01%
2016	+11.56%	+5.46%
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 LVHI Drawdown Comparison

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

The maximum drawdown for LVHI was -32.30%, occurring on Mar 16, 2020. Recovery took 327 trading sessions.

The current CWB drawdown is -0.92%. The current LVHI drawdown is -2.06%.

Rank	CWB	LVHI
#1	-32.06% Feb 19, 2020 - Jun 8, 2020	-32.30% Feb 20, 2020 - Jun 8, 2021
#2	-29.86% Feb 12, 2021 - Jul 16, 2025	-11.99% Mar 25, 2025 - May 15, 2025
#3	-17.09% May 2, 2011 - Oct 18, 2012	-11.29% Jun 7, 2022 - Nov 30, 2022
#4	-15.95% Jun 1, 2015 - Jul 22, 2016	-9.72% Jan 9, 2018 - Mar 13, 2019
#5	-13.79% Jun 20, 2018 - Feb 25, 2019	-8.11% Feb 9, 2022 - Apr 19, 2022
#6	-10.76% Apr 26, 2010 - Oct 5, 2010	-6.39% Jul 22, 2024 - Aug 23, 2024
#7	-9.06% Sep 5, 2014 - Mar 20, 2015	-6.09% Jul 3, 2019 - Sep 11, 2019
#8	-7.61% Sep 1, 2020 - Oct 9, 2020	-6.07% Feb 27, 2026 - Mar 20, 2026
#9	-7.58% Jan 19, 2010 - Mar 8, 2010	-5.65% Sep 20, 2023 - Nov 17, 2023
#10	-7.52% Oct 29, 2025 - Jan 13, 2026	-5.03% Mar 6, 2023 - Apr 10, 2023
#11	-7.36% Jan 26, 2018 - Mar 12, 2018	-4.85% Apr 22, 2019 - Jun 20, 2019
#12	-6.76% Jan 28, 2026 - Apr 8, 2026	-4.50% Jul 31, 2023 - Sep 14, 2023
#13	-6.52% May 21, 2013 - Jul 22, 2013	-4.48% Aug 16, 2021 - Dec 23, 2021
#14	-6.24% May 3, 2019 - Jul 12, 2019	-4.33% May 4, 2022 - May 26, 2022
#15	-5.36% Mar 12, 2018 - May 30, 2018	-4.02% May 10, 2017 - Dec 8, 2017

Correlation

Correlation between CWB and LVHI is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2009 - 2026)

CWB vs LVHI dividend yield comparison.

Year	CWB	LVHI
2026	0.44%	0.39%
2025	1.69%	4.92%
2024	1.85%	3.98%
2023	1.97%	8.12%
2022	2.21%	7.74%
2021	1.97%	4.13%
2020	2.34%	3.97%
2019	3.03%	6.67%
2018	6.17%	10.67%
2017	4.25%	3.38%
2016	4.60%	2.02%
2015	7.52%	0.00%
2014	7.37%	0.00%
2013	3.66%	0.00%
2012	3.84%	0.00%
2011	4.97%	0.00%
2010	4.59%	0.00%
2009	3.88%	0.00%