BSCT vs JHCB
Invesco BulletShares 2029 Corporate Bond ETF vs John Hancock Corporate Bond ETF
Which is better, BSCT or JHCB?
Nearly the same fund. BSCT costs less.
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | JHCB |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.29% |
| AUM | $3.1B | $99M |
| Dividend Yield | 4.59% | 5.42% |
| Holdings | 981 | 181 |
| YTD Return | +0.29%Best | -3.09% |
| 1Y Return | +1.06%Best | -3.15% |
| 3Y Return (annualized) | +6.23%Best | +5.71% |
| 5Y Return (annualized) | +0.98%Best | -0.34% |
| Volatility (annualized) | 6.3%Best | 7.9% |
| Max Drawdown | -19.1%Best | -22.6% |
| $10,000 over 5 years | $10,500Best | $9,831 |
| Fund Family | Invesco (US) | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 12, 2019 | Mar 30, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Mar 31, 2021 to Oct 14, 2026 (5.5 years).
BSCT vs JHCB 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 5.5 years both funds cover.
BSCT vs JHCB Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US) and John Hancock Corporate Bond ETF (JHCB) is an ETF from John Hancock Investment Management. Over the past year BSCT returned +1.06% while JHCB returned -3.15%. Year to date, BSCT is up 0.29% versus a loss of 3.09% for JHCB.
Over three years, BSCT compounded at +6.23% per year against +5.71% for JHCB; over five years the annualized figures are +0.98% and -0.34% respectively. Across the full 6-year window we track, BSCT has the edge at +1.46% annualized vs +0.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHCB has been the more volatile fund, with annualized monthly volatility of 7.9% compared with 6.3% for BSCT. 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 -19.1% for BSCT and -22.6% for JHCB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSCT charges 0.10% per year while JHCB charges 0.29%. On a $10,000 position that is $10 vs $29 annually, a gap of $19 per year that compounds over a long holding period. On income, BSCT currently yields 4.59% against 5.42% for JHCB.
Holdings Overlap
We hold position weights for 408 holdings in BSCT and 161 in JHCB, totalling 81.7% and 89.1% 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, 1 positions appear in both.
1 positions in common, counted across the 408 positions we hold weights for in BSCT and 161 in JHCB, against full books of 981 and 181.
Top Shared Holdings
| Stock | Weight in BSCT | Weight in JHCB | Difference |
|---|---|---|---|
| RDN 6.2 05/15/29Radian Group Inc 6.200% May 15, 2029 | 0.15% | 0.49% | 0.34% |
You are not choosing between two funds in isolation.
Whichever of BSCT and JHCB 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 JHCB?
BSCT has an expense ratio of 0.10% while JHCB charges 0.29%. BSCT is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, BSCT or JHCB?
Over the past year BSCT returned +1.06% vs -3.15% for JHCB, so BSCT leads on 1-year performance. Over the longest common window we track (6 years), BSCT annualized +1.46% vs +0.33% for JHCB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCT or JHCB?
JHCB has been the more volatile fund at 7.9% annualized versus 6.3% for BSCT. Worst drawdown: BSCT -19.1% vs JHCB -22.6%.
Should I hold both BSCT and JHCB?
BSCT and JHCB have a monthly-return correlation of 0.96, 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, BSCT or JHCB?
BSCT yields 4.59% while JHCB yields 5.42%, so JHCB currently pays the higher dividend yield.
Is JHCB better than BSCT?
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.