AVIG vs BSCT
Avantis Core Fixed Income ETF vs Invesco BulletShares 2029 Corporate Bond ETF
Which is better, AVIG or BSCT?
Nearly the same fund. BSCT costs less.
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y 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 | AVIG | BSCT |
|---|---|---|
| Expense Ratio | 0.15% | 0.10%Best |
| AUM | $2.0B | $3.1B |
| Dividend Yield | 4.54% | 4.59% |
| Holdings | 1,720 | 981 |
| YTD Return | -3.03% | +0.29%Best |
| 1Y Return | -2.70% | +1.06%Best |
| 3Y Return (annualized) | +4.63% | +6.23%Best |
| 5Y Return (annualized) | -0.64% | +0.98%Best |
| Volatility (annualized) | 6.6% | 6.2%Best |
| Max Drawdown | -19.7% | -19.2%Best |
| $10,000 over 5 years | $9,684 | $10,500Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Sep 12, 2019 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 15, 2020 to Oct 14, 2026 (6 years).
AVIG vs BSCT 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 6 years both funds cover.
AVIG vs BSCT Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US). Over the past year AVIG returned -2.70% while BSCT returned +1.06%. Year to date, AVIG is down 3.03% versus a gain of 0.29% for BSCT.
Over three years, AVIG compounded at +4.63% per year against +6.23% for BSCT; over five years the annualized figures are -0.64% and +0.98% respectively. Across the full 6-year window we track, BSCT has the edge at +0.72% annualized vs -0.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 6.6% compared with 6.2% for BSCT. 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 -19.7% for AVIG and -19.2% for BSCT. 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
AVIG charges 0.15% per year while BSCT charges 0.10%. On a $10,000 position that is $15 vs $10 annually, a gap of $5 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 4.59% for BSCT.
Holdings Overlap
At least 1.2% of AVIG's money is in holdings BSCT also owns.
Stated as a floor: for BSCT, our book for it covers 81.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
AVIG and BSCT share little of their money.
21 positions in common, counted across the 739 positions we hold weights for in AVIG and 408 in BSCT, against full books of 1,720 and 981.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in BSCT | Difference |
|---|---|---|---|
| VZ 4.016 12/03/29Verizon Communications Inc 4.016% 12/03/2029 | 0.01% | 0.67% | 0.66% |
| HCA 4.125 06/15/29Hca Inc | 0.06% | 0.44% | 0.38% |
| TOYOTA 4.55 08/09/29Aercap Ireland Capital Dac 4.63% Sep 10, 2029 | 0.15% | 0.23% | 0.08% |
| ET 5.25 04/15/29Energy Transfer Operating Lp | 0.02% | 0.35% | 0.33% |
| AON 5.15 03/01/29Aon North America Inc 5.15% 01Mar2029 | 0.08% | 0.23% | 0.15% |
| WY 4 11/15/29Weyerhaeuser Co 4% 11/15/2029 | 0.10% | 0.17% | 0.07% |
| TD 4.994 04/05/29 GMToronto Dominion Bank Sr Unsecured 04/29 4.994 | 0.05% | 0.21% | 0.16% |
| RVTY 3.3 09/15/29Revvity Inc 3.3% 2029-09-15 | 0.07% | 0.18% | 0.11% |
| HIG 2.8 08/19/29Hartford Insurance Group Inc 2.8% Aug 19, 2029 | 0.10% | 0.13% | 0.03% |
| TMO 2.6 10/01/29Thermo Fisher Scientific Inc. 2.6% Oct 1 2029 | 0.04% | 0.19% | 0.15% |
You are not choosing between two funds in isolation.
Whichever of AVIG and BSCT 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, AVIG or BSCT?
AVIG has an expense ratio of 0.15% while BSCT charges 0.10%. BSCT is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AVIG or BSCT?
Over the past year AVIG returned -2.70% vs +1.06% for BSCT, so BSCT leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.70% vs +0.72% for BSCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or BSCT?
AVIG has been the more volatile fund at 6.6% annualized versus 6.2% for BSCT. Worst drawdown: AVIG -19.7% vs BSCT -19.2%.
Should I hold both AVIG and BSCT?
AVIG and BSCT 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.
What is the holdings overlap between AVIG and BSCT?
At least 1.2% of AVIG's money is in holdings BSCT also owns. Our book for BSCT is partial, so the real figure is this or higher. They hold 21 positions in common, counted across the 739 positions we hold weights for in AVIG and 408 in BSCT.
Which pays a higher dividend, AVIG or BSCT?
AVIG yields 4.54% while BSCT yields 4.59%, so BSCT currently pays the higher dividend yield.
Is BSCT better than AVIG?
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y 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.