APCB vs BSCU
ActivePassive Core Bond ETF vs Invesco BulletShares 2030 Corporate Bond ETF
Which is better, APCB or BSCU?
Nearly the same fund. BSCU costs less.
BSCU has a lower expense ratio. BSCU led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | APCB | BSCU |
|---|---|---|
| Expense Ratio | 0.36% | 0.10%Best |
| AUM | $989M | $2.8B |
| Dividend Yield | 4.44% | 4.71% |
| Holdings | 3,770 | 901 |
| YTD Return | -2.08% | -0.80%Best |
| 1Y Return | -1.94% | -0.09%Best |
| 3Y Return (annualized) | +3.95% | +6.31%Best |
| 5Y Return (annualized) | - | +0.34% |
| Volatility (annualized) | 5.2%Best | 5.3% |
| Max Drawdown | -6.4% | -6.2%Best |
| $10,000 over 3.4 years | $10,632 | $11,441Best |
| Fund Family | Envestnet Asset Management | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Inception | May 3, 2023 | Sep 16, 2020 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Oct 14, 2026 (3.4 years).
APCB vs BSCU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
APCB vs BSCU Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an ETF from Invesco (US). Over the past year APCB returned -1.94% while BSCU returned -0.09%. Year to date, APCB is down 2.08% versus a loss of 0.80% for BSCU.
Over three years, APCB compounded at +3.95% per year against +6.31% for BSCU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSCU has been the more volatile fund, with annualized monthly volatility of 5.3% compared with 5.2% for APCB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.4% for APCB and -6.2% for BSCU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
APCB charges 0.36% per year while BSCU charges 0.10%. On a $10,000 position that is $36 vs $10 annually, a gap of $26 per year that compounds over a long holding period. On income, APCB currently yields 4.44% against 4.71% for BSCU.
Holdings Overlap
We hold position weights for 1,221 holdings in APCB and 401 in BSCU, totalling 75.9% and 87.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 19 positions appear in both.
19 positions in common, counted across the 1,221 positions we hold weights for in APCB and 401 in BSCU, against full books of 3,770 and 901.
Top Shared Holdings
| Stock | Weight in APCB | Weight in BSCU | Difference |
|---|---|---|---|
| BA 5.15 05/01/30The Boeing Co 5.150 May 01 30 | 0.07% | 1.23% | 1.16% |
| COP 4.7 01/15/30Conocophillips Co. 4.7% | 0.30% | 0.36% | 0.06% |
| NEE 2.25 06/01/30Nextera Energy Capital Holdings In 2.25 Jun 01, 2030 | 0.08% | 0.43% | 0.35% |
| CVS 5.125 02/21/30Cvs Health Corp 5.13% 21Feb2030 | 0.02% | 0.40% | 0.38% |
| VTRS 2.7 06/22/30Viatris I 2.7% 06/22/30 | 0.06% | 0.35% | 0.29% |
| SUMIBK 5.71 01/13/30Sumitomo Mitsui Financial Group Inc 5.71 01/13/2030 | 0.03% | 0.37% | 0.34% |
| ET 6.4 12/01/30Energy Transfer Lp Regd 6.40000000 | 0.05% | 0.28% | 0.23% |
| DTE 5.2 04/01/30Dte Energy Company 5.2 01/04/2030 | 0.02% | 0.30% | 0.28% |
| GM 5.85 04/06/30General Motors Financial Co Inc 5.850% 4/6/2030 | 0.00% | 0.28% | 0.28% |
| BPLN 1.749 08/10/30BP Capital Markets America Inc 1.75 08/10/2030 | 0.04% | 0.24% | 0.20% |
You are not choosing between two funds in isolation.
Whichever of APCB and BSCU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APCB or BSCU?
APCB has an expense ratio of 0.36% while BSCU charges 0.10%. BSCU is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, APCB or BSCU?
Over the past year APCB returned -1.94% vs -0.09% for BSCU, so BSCU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APCB or BSCU?
BSCU has been the more volatile fund at 5.3% annualized versus 5.2% for APCB. Worst drawdown: APCB -6.4% vs BSCU -6.2%.
Should I hold both APCB and BSCU?
APCB and BSCU have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, APCB or BSCU?
APCB yields 4.44% while BSCU yields 4.71%, so BSCU currently pays the higher dividend yield.
Is BSCU better than APCB?
BSCU has a lower expense ratio. BSCU led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.