BNDC vs BSCT
Northern Trust Core Bond ETF vs Invesco BulletShares 2029 Corporate Bond ETF
Which is better, BNDC or BSCT?
BSCT has been ahead.
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y and the full window.
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 | BNDC | BSCT |
|---|---|---|
| Expense Ratio | 0.38% | 0.10%Best |
| AUM | $165M | $3.1B |
| Dividend Yield | 4.33% | 4.59% |
| Holdings | 16 | 981 |
| YTD Return | -2.88% | +0.29%Best |
| 1Y Return | -2.81% | +1.06%Best |
| 3Y Return (annualized) | +4.23% | +6.23%Best |
| 5Y Return (annualized) | -0.95% | +0.98%Best |
| Volatility (annualized) | 5.9%Best | 7.1% |
| Max Drawdown | -20.1% | -19.5%Best |
| $10,000 over 5 years | $9,534 | $10,500Best |
| Fund Family | Northern Trust Asset Management | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | Sep 12, 2019 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 12, 2019 to Oct 14, 2026 (7.1 years).
BNDC 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 7.1 years both funds cover.
BNDC vs BSCT Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US). Over the past year BNDC returned -2.81% while BSCT returned +1.06%. Year to date, BNDC is down 2.88% versus a gain of 0.29% for BSCT.
Over three years, BNDC compounded at +4.23% per year against +6.23% for BSCT; over five years the annualized figures are -0.95% and +0.98% respectively. Across the full 7-year window we track, BSCT has the edge at +1.69% annualized vs -0.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSCT has been the more volatile fund, with annualized monthly volatility of 7.1% compared with 5.9% for BNDC. 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 -20.1% for BNDC and -19.5% 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BNDC charges 0.38% per year while BSCT charges 0.10%. On a $10,000 position that is $38 vs $10 annually, a gap of $28 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 4.59% for BSCT.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 408 in BSCT, totalling 99.2% and 81.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in BNDC and 408 in BSCT, against full books of 16 and 981.
You are not choosing between two funds in isolation.
Whichever of BNDC 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, BNDC or BSCT?
BNDC has an expense ratio of 0.38% while BSCT charges 0.10%. BSCT is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, BNDC or BSCT?
Over the past year BNDC returned -2.81% vs +1.06% for BSCT, so BSCT leads on 1-year performance. Over the longest common window we track (7 years), BNDC annualized -0.10% vs +1.69% for BSCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or BSCT?
BSCT has been the more volatile fund at 7.1% annualized versus 5.9% for BNDC. Worst drawdown: BNDC -20.1% vs BSCT -19.5%.
Should I hold both BNDC and BSCT?
BNDC and BSCT have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BNDC or BSCT?
BNDC yields 4.33% while BSCT yields 4.59%, so BSCT currently pays the higher dividend yield.
Is BSCT better than BNDC?
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.