BSCR vs SCHI
Invesco BulletShares 2027 Corporate Bond ETF vs Schwab 5-10 Year Corporate Bond ETF
Which is better, BSCR or SCHI?
Each has led over a different period.
SCHI has a lower expense ratio. BSCR led over 1Y, 5Y and the full window, SCHI over 3Y. The two have moved almost in lockstep, correlation 0.92.
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 | BSCR | SCHI |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $4.6B | $10.8B |
| Dividend Yield | 4.26% | 5.29% |
| Holdings | 975 | 2,375 |
| YTD Return | +2.40%Best | -2.71% |
| 1Y Return | +3.37%Best | -2.24% |
| 3Y Return (annualized) | +5.95% | +6.08%Best |
| 5Y Return (annualized) | +1.60%Best | +0.40% |
| Volatility (annualized) | 5.7%Best | 7.6% |
| Max Drawdown | -17.3%Best | -20.7% |
| $10,000 over 5 years | $10,826Best | $10,202 |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 26, 2017 | Oct 10, 2019 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Oct 14, 2026 (7 years).
BSCR vs SCHI 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 years both funds cover.
BSCR vs SCHI Performance
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an ETF from Invesco (US) and Schwab 5-10 Year Corporate Bond ETF (SCHI) is an ETF from Charles Schwab Asset Management. Over the past year BSCR returned +3.37% while SCHI returned -2.24%. Year to date, BSCR is up 2.40% versus a loss of 2.71% for SCHI.
Over three years, BSCR compounded at +5.95% per year against +6.08% for SCHI; over five years the annualized figures are +1.60% and +0.40% respectively. Across the full 7-year window we track, BSCR has the edge at +1.96% annualized vs +1.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHI has been the more volatile fund, with annualized monthly volatility of 7.6% compared with 5.7% for BSCR. 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 -17.3% for BSCR and -20.7% for SCHI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSCR charges 0.10% per year while SCHI charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, BSCR currently yields 4.26% against 5.29% for SCHI.
Holdings Overlap
We hold position weights for 441 holdings in BSCR and 539 in SCHI, totalling 92.9% and 24.4% 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 441 positions we hold weights for in BSCR and 539 in SCHI, against full books of 975 and 2,375.
You are not choosing between two funds in isolation.
Whichever of BSCR and SCHI 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, BSCR or SCHI?
BSCR has an expense ratio of 0.10% while SCHI charges 0.03%. SCHI is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BSCR or SCHI?
Over the past year BSCR returned +3.37% vs -2.24% for SCHI, so BSCR leads on 1-year performance. Over the longest common window we track (7 years), BSCR annualized +1.96% vs +1.13% for SCHI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCR or SCHI?
SCHI has been the more volatile fund at 7.6% annualized versus 5.7% for BSCR. Worst drawdown: BSCR -17.3% vs SCHI -20.7%.
Should I hold both BSCR and SCHI?
BSCR and SCHI have a monthly-return correlation of 0.92, 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, BSCR or SCHI?
BSCR yields 4.26% while SCHI yields 5.29%, so SCHI currently pays the higher dividend yield.
Is SCHI better than BSCR?
SCHI has a lower expense ratio. BSCR led over 1Y, 5Y and the full window, SCHI over 3Y. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.