AVIG vs BSCU
Avantis Core Fixed Income ETF vs Invesco BulletShares 2030 Corporate Bond ETF
Which is better, AVIG or BSCU?
Nearly the same fund. BSCU costs less.
BSCU has a lower expense ratio. BSCU led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | BSCU |
|---|---|---|
| Expense Ratio | 0.15% | 0.10%Best |
| AUM | $2.0B | $2.8B |
| Dividend Yield | 4.54% | 4.71% |
| Holdings | 1,720 | 901 |
| YTD Return | -3.03% | -0.80%Best |
| 1Y Return | -2.70% | -0.09%Best |
| 3Y Return (annualized) | +4.63% | +6.31%Best |
| 5Y Return (annualized) | -0.64% | +0.34%Best |
| Volatility (annualized) | 6.6%Best | 7.3% |
| Max Drawdown | -19.7%Best | -22.5% |
| $10,000 over 5 years | $9,684 | $10,171Best |
| Fund Family | Avantis Investors | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Sep 16, 2020 |
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 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 6 years both funds cover.
AVIG vs BSCU Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an ETF from Invesco (US). Over the past year AVIG returned -2.70% while BSCU returned -0.09%. Year to date, AVIG is down 3.03% versus a loss of 0.80% for BSCU.
Over three years, AVIG compounded at +4.63% per year against +6.31% for BSCU; over five years the annualized figures are -0.64% and +0.34% respectively. Across the full 6-year window we track, BSCU has the edge at +0.18% annualized vs -0.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSCU has been the more volatile fund, with annualized monthly volatility of 7.3% compared with 6.6% for AVIG. 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 -22.5% 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 0.97. 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 BSCU 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 4.71% for BSCU.
Holdings Overlap
At least 4.1% of AVIG's money is in holdings BSCU also owns.
Stated as a floor: for BSCU, our book for it covers 87.6% 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 BSCU share little of their money.
59 positions in common, counted across the 739 positions we hold weights for in AVIG and 401 in BSCU, against full books of 1,720 and 901.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in BSCU | Difference |
|---|---|---|---|
| AMGN 5.25 03/02/30Amgen Inc 5.25 03/02/2030 | 0.02% | 0.74% | 0.72% |
| C 4.914 05/29/30 .Citibank Na 4.91% May 29, 2030 | 0.01% | 0.68% | 0.67% |
| WELL 4.5 07/01/30Welltower Op Llc 4.5 7/30 | 0.26% | 0.26% | 0.00% |
| NEE 2.25 06/01/30Nextera Energy Capital Holdings In 2.25 Jun 01, 2030 | 0.08% | 0.43% | 0.35% |
| AER 6.15 09/30/30AERCAP IRELAND CAPITAL DAC 6.15% Sep 30, 2030 | 0.26% | 0.24% | 0.02% |
| GEHC 5.857 03/15/30Ge Healthcare Technologies Inc 0.85 03-15-2030 | 0.05% | 0.35% | 0.30% |
| MPLX 2.65 08/15/30Mplx Lp 2.65 Aug 15, 2030 | 0.01% | 0.37% | 0.36% |
| AON 2.8 05/15/30Aon Corp 2.8 May 15, 2030 | 0.13% | 0.25% | 0.12% |
| IBM 1.95 05/15/30International Business Machines Co 1.95% 5/15/2030 | 0.04% | 0.33% | 0.29% |
| PWR 2.9 10/01/30Quanta Services, Inc., 2.90%, due 10/01/2030 | 0.12% | 0.25% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of AVIG 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, AVIG or BSCU?
AVIG has an expense ratio of 0.15% while BSCU charges 0.10%. BSCU is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, AVIG or BSCU?
Over the past year AVIG returned -2.70% vs -0.09% for BSCU, so BSCU leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.70% vs +0.18% for BSCU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or BSCU?
BSCU has been the more volatile fund at 7.3% annualized versus 6.6% for AVIG. Worst drawdown: AVIG -19.7% vs BSCU -22.5%.
Should I hold both AVIG and BSCU?
AVIG and BSCU have a monthly-return correlation of 0.97, 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 BSCU?
At least 4.1% of AVIG's money is in holdings BSCU also owns. Our book for BSCU is partial, so the real figure is this or higher. They hold 59 positions in common, counted across the 739 positions we hold weights for in AVIG and 401 in BSCU.
Which pays a higher dividend, AVIG or BSCU?
AVIG yields 4.54% while BSCU yields 4.71%, so BSCU currently pays the higher dividend yield.
Is BSCU better than AVIG?
BSCU has a lower expense ratio. BSCU led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.