BSCT vs OVB
Invesco BulletShares 2029 Corporate Bond ETF vs Overlay Shares Core Bond ETF
Which is better, BSCT or OVB?
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 | OVB |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.79% |
| AUM | $3.1B | $47M |
| Dividend Yield | 4.59% | 7.91% |
| Holdings | 981 | 16 |
| YTD Return | +0.29%Best | -4.97% |
| 1Y Return | +1.06%Best | -5.85% |
| 3Y Return (annualized) | +6.23%Best | +4.18% |
| 5Y Return (annualized) | +0.98%Best | -1.34% |
| Volatility (annualized) | 7.2%Best | 7.4% |
| Max Drawdown | -19.5%Best | -21.7% |
| $10,000 over 5 years | $10,500Best | $9,348 |
| Fund Family | Invesco (US) | Overlay Shares |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 12, 2019 | Sep 30, 2019 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2019 to Oct 14, 2026 (7 years).
BSCT vs OVB 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.
BSCT vs OVB Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US) and Overlay Shares Core Bond ETF (OVB) is an ETF from Overlay Shares. Over the past year BSCT returned +1.06% while OVB returned -5.85%. Year to date, BSCT is up 0.29% versus a loss of 4.97% for OVB.
Over three years, BSCT compounded at +6.23% per year against +4.18% for OVB; over five years the annualized figures are +0.98% and -1.34% respectively. Across the full 7-year window we track, BSCT has the edge at +1.55% annualized vs +0.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OVB has been the more volatile fund, with annualized monthly volatility of 7.4% compared with 7.2% 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 -19.5% for BSCT and -21.7% for OVB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSCT charges 0.10% per year while OVB charges 0.79%. On a $10,000 position that is $10 vs $79 annually, a gap of $69 per year that compounds over a long holding period. On income, BSCT currently yields 4.59% against 7.91% for OVB.
Holdings Overlap
We hold position weights for 408 holdings in BSCT and 2 in OVB, totalling 81.7% and 100.2% 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 2 in OVB, against full books of 981 and 16.
You are not choosing between two funds in isolation.
Whichever of BSCT and OVB 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 OVB?
BSCT has an expense ratio of 0.10% while OVB charges 0.79%. BSCT is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, BSCT or OVB?
Over the past year BSCT returned +1.06% vs -5.85% for OVB, so BSCT leads on 1-year performance. Over the longest common window we track (7 years), BSCT annualized +1.55% vs +0.46% for OVB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCT or OVB?
OVB has been the more volatile fund at 7.4% annualized versus 7.2% for BSCT. Worst drawdown: BSCT -19.5% vs OVB -21.7%.
Should I hold both BSCT and OVB?
BSCT and OVB have a monthly-return correlation of 0.78, 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 OVB?
BSCT yields 4.59% while OVB yields 7.91%, so OVB currently pays the higher dividend yield.
Is OVB 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.