BSCT vs SCHZ
Invesco BulletShares 2029 Corporate Bond ETF vs Schwab US Aggregate Bond ETF
Which is better, BSCT or SCHZ?
BSCT has been ahead.
SCHZ 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 | SCHZ |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $3.1B | $10.6B |
| Dividend Yield | 4.59% | 4.33% |
| Holdings | 981 | 24,843 |
| YTD Return | +0.29%Best | -2.13% |
| 1Y Return | +1.06%Best | -1.99% |
| 3Y Return (annualized) | +6.23%Best | +4.41% |
| 5Y Return (annualized) | +0.98%Best | -0.63% |
| Volatility (annualized) | 7.1% | 5.9%Best |
| Max Drawdown | -19.5%Best | -19.7% |
| $10,000 over 5 years | $10,500Best | $9,689 |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 12, 2019 | Jul 14, 2011 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 12, 2019 to Oct 14, 2026 (7.1 years).
BSCT vs SCHZ 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 SCHZ Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an ETF from Invesco (US) and Schwab US Aggregate Bond ETF (SCHZ) is an ETF from Charles Schwab Asset Management. Over the past year BSCT returned +1.06% while SCHZ returned -1.99%. Year to date, BSCT is up 0.29% versus a loss of 2.13% for SCHZ.
Over three years, BSCT compounded at +6.23% per year against +4.41% for SCHZ; over five years the annualized figures are +0.98% and -0.63% respectively. Across the full 7-year window we track, BSCT has the edge at +1.69% annualized vs -0.03%.
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 5.9% for SCHZ. 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 -19.7% for SCHZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSCT charges 0.10% per year while SCHZ 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, BSCT currently yields 4.59% against 4.33% for SCHZ.
Holdings Overlap
We hold position weights for 408 holdings in BSCT and 10,307 in SCHZ, totalling 81.7% and 61.5% 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, 382 positions appear in both.
382 positions in common, counted across the 408 positions we hold weights for in BSCT and 10,307 in SCHZ, against full books of 981 and 24,843.
Top Shared Holdings
| Stock | Weight in BSCT | Weight in SCHZ | Difference |
|---|---|---|---|
| ABBV 3.2 11/21/29Abbvie Inc 3.2 11/21/2029 | 1.19% | 0.02% | 1.17% |
| IBM 3.5 05/15/29International Business Machines Corp 3.5 05/15/2029 | 0.74% | 0.01% | 0.73% |
| VZ 4.016 12/03/29Verizon Communications Inc 4.016% 12/03/2029 | 0.67% | 0.01% | 0.66% |
| T 4.35 03/01/29At&T, Inc., Senior, Unsecured, Notes, Callable, 4.350% Mar 1, 2029 | 0.67% | 0.01% | 0.66% |
| FI 3.5 07/01/29Fiserv Inc 3.5% 07/01/2029 | 0.67% | 0.01% | 0.66% |
| ABIBB 4.75 01/23/29Anheuser-Busch Inbev Worldwide Inc. 4.75% | 0.66% | 0.01% | 0.65% |
| CSCO 4.85 02/26/29Cisco Systems Inc 4.85 02/26/2029 | 0.59% | 0.01% | 0.58% |
| WFC 4.15 01/24/29 MTWells Fargo & Co 4.15% 01/24/2029 | 0.58% | 0.01% | 0.57% |
| ABBV 4.8 03/15/29Abbvie Inc Corp. Note 2029-03-15 | 0.58% | 0.01% | 0.57% |
| SUMIBK 3.04 07/16/29Sumitomo Mitsui Financial Group, Inc. 3.04% 07/16/2029 | 0.55% | 0.01% | 0.54% |
You are not choosing between two funds in isolation.
Whichever of BSCT and SCHZ 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 SCHZ?
BSCT has an expense ratio of 0.10% while SCHZ charges 0.03%. SCHZ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BSCT or SCHZ?
Over the past year BSCT returned +1.06% vs -1.99% for SCHZ, so BSCT leads on 1-year performance. Over the longest common window we track (7 years), BSCT annualized +1.69% vs -0.03% for SCHZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCT or SCHZ?
BSCT has been the more volatile fund at 7.1% annualized versus 5.9% for SCHZ. Worst drawdown: BSCT -19.5% vs SCHZ -19.7%.
Should I hold both BSCT and SCHZ?
BSCT and SCHZ have a monthly-return correlation of 0.88, 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 SCHZ?
BSCT yields 4.59% while SCHZ yields 4.33%, so BSCT currently pays the higher dividend yield.
Is SCHZ better than BSCT?
SCHZ 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.