BSCU vs RFCI
Invesco BulletShares 2030 Corporate Bond ETF vs ALPS Dynamic Core Income ETF
Which is better, BSCU or RFCI?
Each has led over a different period.
BSCU has a lower expense ratio. BSCU led over 1Y and 3Y, RFCI over 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | BSCU | RFCI |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.51% |
| AUM | $2.8B | $13M |
| Dividend Yield | 4.71% | 4.76% |
| Holdings | 901 | 48 |
| YTD Return | -0.46%Best | -1.04% |
| 1Y Return | +0.24%Best | -0.98% |
| 3Y Return (annualized) | +6.42%Best | +5.13% |
| 5Y Return (annualized) | +0.49% | +1.30%Best |
| Volatility (annualized) | 7.3% | 5.0%Best |
| Max Drawdown | -22.5% | -12.1%Best |
| $10,000 over 5 years | $10,247 | $10,667Best |
| Fund Family | Invesco (US) | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 16, 2020 | Jun 13, 2016 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 17, 2020 to Oct 15, 2026 (6.1 years).
BSCU vs RFCI 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 6.1 years both funds cover.
BSCU vs RFCI Performance
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an ETF from Invesco (US) and ALPS Dynamic Core Income ETF (RFCI) is an ETF from ALPS Advisors. Over the past year BSCU returned +0.24% while RFCI returned -0.98%. Year to date, BSCU is down 0.46% versus a loss of 1.04% for RFCI.
Over three years, BSCU compounded at +6.42% per year against +5.13% for RFCI; over five years the annualized figures are +0.49% and +1.30% respectively. Across the full 6-year window we track, RFCI has the edge at +0.74% annualized vs +0.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSCU has been the more volatile fund, with annualized monthly volatility of 7.3% compared with 5.0% for RFCI. 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 -22.5% for BSCU and -12.1% for RFCI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSCU charges 0.10% per year while RFCI charges 0.51%. On a $10,000 position that is $10 vs $51 annually, a gap of $41 per year that compounds over a long holding period. On income, BSCU currently yields 4.71% against 4.76% for RFCI.
Holdings Overlap
We hold position weights for 401 holdings in BSCU and 37 in RFCI, totalling 87.6% and 83.6% 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, 3 positions appear in both.
3 positions in common, counted across the 401 positions we hold weights for in BSCU and 37 in RFCI, against full books of 901 and 48.
Top Shared Holdings
| Stock | Weight in BSCU | Weight in RFCI | Difference |
|---|---|---|---|
| MCHP 5.05 02/15/30Microchip Technology Incorporated 5.05% Feb 15, 2030 | 0.27% | 1.36% | 1.09% |
| LEN 5.2 07/30/30Len 5.2 07/30/30 5.2% 07/30/2030 | 0.19% | 1.19% | 1.00% |
| HPQ 5.4 04/25/30Hp Inc 5.4% Apr 25, 2030 | 0.14% | 1.20% | 1.06% |
You are not choosing between two funds in isolation.
Whichever of BSCU and RFCI 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, BSCU or RFCI?
BSCU has an expense ratio of 0.10% while RFCI charges 0.51%. BSCU is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, BSCU or RFCI?
Over the past year BSCU returned +0.24% vs -0.98% for RFCI, so BSCU leads on 1-year performance. Over the longest common window we track (6 years), BSCU annualized +0.16% vs +0.74% for RFCI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCU or RFCI?
BSCU has been the more volatile fund at 7.3% annualized versus 5.0% for RFCI. Worst drawdown: BSCU -22.5% vs RFCI -12.1%.
Should I hold both BSCU and RFCI?
BSCU and RFCI have a monthly-return correlation of 0.92, 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, BSCU or RFCI?
BSCU yields 4.71% while RFCI yields 4.76%, so RFCI currently pays the higher dividend yield.
Is RFCI better than BSCU?
BSCU has a lower expense ratio. BSCU led over 1Y and 3Y, RFCI over 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.