BSCT vs FLCB
Invesco BulletShares 2029 Corporate Bond ETF vs Franklin US Core Bond ETF
Which is better, BSCT or FLCB?
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 | BSCT | FLCB |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.15% |
| AUM | $3.1B | $3.1B |
| Dividend Yield | 4.59% | 4.50% |
| Holdings | 981 | 642 |
| YTD Return | +0.29%Best | -2.14% |
| 1Y Return | +1.06%Best | -2.11% |
| 3Y Return (annualized) | +6.23%Best | +4.58% |
| 5Y Return (annualized) | +0.98%Best | -0.62% |
| Volatility (annualized) | 7.1% | 5.7%Best |
| Max Drawdown | -19.5%Best | -20.4% |
| $10,000 over 5 years | $10,500Best | $9,694 |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 12, 2019 | Sep 17, 2019 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2019 to Oct 14, 2026 (7.1 years).
BSCT vs FLCB 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.
BSCT vs FLCB Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US) and Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US). Over the past year BSCT returned +1.06% while FLCB returned -2.11%. Year to date, BSCT is up 0.29% versus a loss of 2.14% for FLCB.
Over three years, BSCT compounded at +6.23% per year against +4.58% for FLCB; over five years the annualized figures are +0.98% and -0.62% respectively. Across the full 7-year window we track, BSCT has the edge at +1.70% annualized vs -0.06%.
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 5.7% for FLCB. 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 -19.5% for BSCT and -20.4% for FLCB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSCT charges 0.10% per year while FLCB charges 0.15%. On a $10,000 position that is $10 vs $15 annually, a gap of $5 per year that compounds over a long holding period. On income, BSCT currently yields 4.59% against 4.50% for FLCB.
Holdings Overlap
We hold position weights for 408 holdings in BSCT and 342 in FLCB, totalling 81.7% and 61.0% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 6 positions appear in both.
6 positions in common, counted across the 408 positions we hold weights for in BSCT and 342 in FLCB, against full books of 981 and 642.
Top Shared Holdings
| Stock | Weight in BSCT | Weight in FLCB | Difference |
|---|---|---|---|
| IQV 6.25 02/01/29Iqvia Inc 6.25% 01Feb2029 | 0.29% | 0.15% | 0.14% |
| GM 4.3 04/06/29Gen Motors Fin 4.3 04/06/2029 | 0.25% | 0.16% | 0.09% |
| RCICN 5 02/15/29Rogers Communications In Regd 5.00000000 | 0.28% | 0.11% | 0.17% |
| BWP 4.8 05/03/29Boardwalk Pipelines Lp 4.8%29 4.800 % 5/3/29 | 0.12% | 0.11% | 0.01% |
| ICLR 5.849 05/08/29Icon Investments Six Dac Corp. Note | 0.17% | 0.03% | 0.14% |
| RGA 3.9 05/15/29Reinsurance Group of America, Inc., 3.90%, Due 05/15/2029 | 0.14% | 0.06% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of BSCT and FLCB 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, BSCT or FLCB?
BSCT has an expense ratio of 0.10% while FLCB charges 0.15%. BSCT is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, BSCT or FLCB?
Over the past year BSCT returned +1.06% vs -2.11% for FLCB, so BSCT leads on 1-year performance. Over the longest common window we track (7 years), BSCT annualized +1.70% vs -0.06% for FLCB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCT or FLCB?
BSCT has been the more volatile fund at 7.1% annualized versus 5.7% for FLCB. Worst drawdown: BSCT -19.5% vs FLCB -20.4%.
Should I hold both BSCT and FLCB?
BSCT and FLCB have a monthly-return correlation of 0.85, 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, BSCT or FLCB?
BSCT yields 4.59% while FLCB yields 4.50%, so BSCT currently pays the higher dividend yield.
Is FLCB better than BSCT?
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.