PlainIndex
Menu

ETF comparison

CWB vs SCHZ

US Corporate Bond vs US Aggregate Bond.

State Street SPDR Bloomberg Convertible Securities ETF · Schwab U.S. Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

1 positions appear in both funds. Buying equal dollars of CWB and SCHZ would leave roughly 0.1% of each dollar exposed to the same underlying securities.

CWB only 99.5% Shared 0.1% SCHZ only 98.6%
In CWB only
333 positions
Shared
1 positions
In SCHZ only
12,081 positions

Side by side

CWB

State Street SPDR Bloomberg Convertible Securities ETF

State Street · US Corporate Bond

71 composite / 100
Expense ratio
0.40%
Net assets
$6.20B
TTM yield
1.43%
Top-10 conc.
18.7%
SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.60B
TTM yield
4.16%
Top-10 conc.
5.4%

Sub-score comparison

60
Cost
97
58
Tax efficiency
52
91
Liquidity
100
88
Concentration
100
—
Tracking quality
—
CWB sub-score SCHZ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHZ is 37 bps cheaper than CWB. On a $100,000 position that's about $370/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 the cost calculator pre-filled with CWB vs SCHZ.

Top shared holdings

1 shared in total
# Holding In CWB In SCHZ Overlap
1 State Street Global Advisors 0.10% 0.07% 0.07%

Only in CWB

333 total
  • WESTERN DIGITAL CORP 3.36%
  • BOEING CO/THE 2.11%
  • ALIBABA GROUP HOLDING 2.03%
  • LUMENTUM HOLDINGS INC 1.66%
  • LUMENTUM HOLDINGS INC 1.60%
  • LUMENTUM HOLDINGS INC 1.32%
  • ORACLE CORP 1.31%
  • WELLS FARGO & COMPANY 1.28%
  • Bank of America Corp 1.07%
  • ALBEMARLE CORP 0.90%

Only in SCHZ

12,081 total
  • United States Treasury 0.44%
  • United States Treasury 0.39%
  • United States Treasury 0.38%
  • United States Treasury 0.38%
  • United States Treasury 0.38%
  • United States Treasury 0.38%
  • United States Treasury 0.38%
  • United States Treasury 0.37%
  • United States Treasury 0.36%
  • United States Treasury 0.36%

Open CWB or SCHZ at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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