BSCQ vs BSCS

BSCQ vs BSCS

Which is better, BSCQ or BSCS?

Each has led over a different period.

BSCQ led over 1Y, 5Y and the full window, BSCS over 3Y. The two have moved almost in lockstep, correlation 0.97.

Lower Fees: TiedHigher Returns: split

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

MetricBSCQBSCS
Expense Ratio0.10%Tie0.10%Tie
AUM$3.2B$3.5B
Dividend Yield4.04%4.47%
Holdings256971
YTD Return+2.94%Best+1.26%
1Y Return+3.90%Best+2.24%
3Y Return (annualized)+5.51%+6.13%Best
5Y Return (annualized)+1.77%Best+1.33%
Volatility (annualized)4.7%Best6.5%
Max Drawdown-16.5%Best-18.4%
$10,000 over 5 years$10,917Best$10,683
Fund FamilyInvesco (US)Invesco (US)
CategoryFixed IncomeFixed Income
StyleLong Term Mid QualityLong Term Mid Quality
InceptionSep 13, 2016Aug 9, 2018

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Aug 9, 2018 to Oct 14, 2026 (8.2 years).

BSCQ vs BSCS 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 8.2 years both funds cover.

Compare BSCQ against instead:BSCQ vs SPYBSCQ vs QQQBSCQ vs VOOBSCQ vs VTIBSCS against:BSCS vs VXUS

BSCQ vs BSCS Performance

Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an ETF from Invesco (US) and Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is an ETF from Invesco (US). Over the past year BSCQ returned +3.90% while BSCS returned +2.24%. Year to date, BSCQ is up 2.94% versus a gain of 1.26% for BSCS.

Over three years, BSCQ compounded at +5.51% per year against +6.13% for BSCS; over five years the annualized figures are +1.77% and +1.33% respectively. Across the full 8-year window we track, BSCQ has the edge at +2.82% annualized vs +2.68%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BSCS has been the more volatile fund, with annualized monthly volatility of 6.5% compared with 4.7% for BSCQ. 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 -16.5% for BSCQ and -18.4% for BSCS. 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

BSCQ charges 0.10% per year while BSCS charges 0.10%. On a $10,000 position that is $10 vs $10 annually. On income, BSCQ currently yields 4.04% against 4.47% for BSCS.

Holdings Overlap

BSCQ already in BSCS55.8%

At least 55.8% of BSCQ's money is in holdings BSCS also owns.

Stated as a floor: for BSCS, our book for it covers 84.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

The two portfolios partly overlap.

1 positions in common, counted across the 82 positions we hold weights for in BSCQ and 415 in BSCS, against full books of 256 and 971.

Top Shared Holdings

StockWeight in BSCQWeight in BSCSDifference
AGPXXInvesco Government & Agency Portfolio, Institutional Class55.80%0.01%55.79%

55.8% of BSCQ is already inside BSCS.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BSCQBSCS

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Frequently Asked Questions

Which is cheaper, BSCQ or BSCS?

BSCQ has an expense ratio of 0.10% while BSCS charges 0.10%. At the precision these are quoted to, they cost the same.

Which performed better, BSCQ or BSCS?

Over the past year BSCQ returned +3.90% vs +2.24% for BSCS, so BSCQ leads on 1-year performance. Over the longest common window we track (8 years), BSCQ annualized +2.82% vs +2.68% for BSCS. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BSCQ or BSCS?

BSCS has been the more volatile fund at 6.5% annualized versus 4.7% for BSCQ. Worst drawdown: BSCQ -16.5% vs BSCS -18.4%.

Should I hold both BSCQ and BSCS?

BSCQ and BSCS 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 BSCQ and BSCS?

At least 55.8% of BSCQ's money is in holdings BSCS also owns. Our book for BSCS is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 82 positions we hold weights for in BSCQ and 415 in BSCS.

Which pays a higher dividend, BSCQ or BSCS?

BSCQ yields 4.04% while BSCS yields 4.47%, so BSCS currently pays the higher dividend yield.

Is BSCS better than BSCQ?

BSCQ led over 1Y, 5Y and the full window, BSCS over 3Y. 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.