BSCT vs MGOV
Invesco BulletShares 2029 Corporate Bond ETF vs First Trust Intermediate Government Opportunities ETF
Which is better, BSCT or MGOV?
BSCT has been ahead.
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | MGOV |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.50% |
| AUM | $3.1B | $97M |
| Dividend Yield | 4.59% | 5.00% |
| Holdings | 981 | 406 |
| YTD Return | +0.29%Best | -2.85% |
| 1Y Return | +1.06%Best | -3.14% |
| 3Y Return (annualized) | +6.23%Best | +4.89% |
| 5Y Return (annualized) | +0.98% | - |
| Volatility (annualized) | 4.3%Best | 6.7% |
| Max Drawdown | -3.7%Best | -6.3% |
| $10,000 over 3.2 years | $11,808Best | $11,133 |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 12, 2019 | Aug 2, 2023 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 3, 2023 to Oct 14, 2026 (3.2 years).
BSCT vs MGOV 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 3.2 years both funds cover.
BSCT vs MGOV Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US) and First Trust Intermediate Government Opportunities ETF (MGOV) is an ETF from First Trust Portfolios (US). Over the past year BSCT returned +1.06% while MGOV returned -3.14%. Year to date, BSCT is up 0.29% versus a loss of 2.85% for MGOV.
Over three years, BSCT compounded at +6.23% per year against +4.89% for MGOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGOV has been the more volatile fund, with annualized monthly volatility of 6.7% compared with 4.3% 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 -3.7% for BSCT and -6.3% for MGOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. 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 MGOV charges 0.50%. On a $10,000 position that is $10 vs $50 annually, a gap of $40 per year that compounds over a long holding period. On income, BSCT currently yields 4.59% against 5.00% for MGOV.
Holdings Overlap
We hold position weights for 408 holdings in BSCT and 10 in MGOV, totalling 81.7% and 10.2% 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 408 positions we hold weights for in BSCT and 10 in MGOV, against full books of 981 and 406.
You are not choosing between two funds in isolation.
Whichever of BSCT and MGOV 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 MGOV?
BSCT has an expense ratio of 0.10% while MGOV charges 0.50%. BSCT is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, BSCT or MGOV?
Over the past year BSCT returned +1.06% vs -3.14% for MGOV, so BSCT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCT or MGOV?
MGOV has been the more volatile fund at 6.7% annualized versus 4.3% for BSCT. Worst drawdown: BSCT -3.7% vs MGOV -6.3%.
Should I hold both BSCT and MGOV?
BSCT and MGOV have a monthly-return correlation of 0.93, 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 MGOV?
BSCT yields 4.59% while MGOV yields 5.00%, so MGOV currently pays the higher dividend yield.
Is MGOV better than BSCT?
BSCT has a lower expense ratio. BSCT led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.