BSCU vs SCHZ
Invesco BulletShares 2030 Corporate Bond ETF vs Schwab US Aggregate Bond ETF
Which is better, BSCU or SCHZ?
Nearly the same fund. SCHZ costs less.
SCHZ has a lower expense ratio. BSCU 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 | BSCU | SCHZ |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $2.8B | $10.6B |
| Dividend Yield | 4.71% | 4.33% |
| Holdings | 901 | 24,843 |
| YTD Return | -0.80%Best | -2.13% |
| 1Y Return | -0.09%Best | -1.99% |
| 3Y Return (annualized) | +6.31%Best | +4.41% |
| 5Y Return (annualized) | +0.34%Best | -0.63% |
| Volatility (annualized) | 7.3% | 6.1%Best |
| Max Drawdown | -22.5% | -18.8%Best |
| $10,000 over 5 years | $10,171Best | $9,689 |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 16, 2020 | 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 17, 2020 to Oct 14, 2026 (6.1 years).
BSCU 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 6.1 years both funds cover.
BSCU vs SCHZ Performance
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) 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 BSCU returned -0.09% while SCHZ returned -1.99%. Year to date, BSCU is down 0.80% versus a loss of 2.13% for SCHZ.
Over three years, BSCU compounded at +6.31% per year against +4.41% for SCHZ; over five years the annualized figures are +0.34% and -0.63% respectively. Across the full 6-year window we track, BSCU has the edge at +0.10% annualized vs -0.88%.
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 6.1% 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 -22.5% for BSCU and -18.8% 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 0.96. 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 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, BSCU currently yields 4.71% against 4.33% for SCHZ.
Holdings Overlap
We hold position weights for 401 holdings in BSCU and 10,307 in SCHZ, totalling 87.6% 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 401 positions we hold weights for in BSCU and 10,307 in SCHZ, against full books of 901 and 24,843.
Top Shared Holdings
| Stock | Weight in BSCU | Weight in SCHZ | Difference |
|---|---|---|---|
| BA 5.15 05/01/30The Boeing Co 5.150 May 01 30 | 1.23% | 0.01% | 1.22% |
| PCG 4.55 07/01/30Pacific Gas & Electric 4.55 07/01/2030 | 0.81% | 0.01% | 0.80% |
| AMGN 5.25 03/02/30Amgen Inc 5.25 03/02/2030 | 0.74% | 0.01% | 0.73% |
| C 4.914 05/29/30 .Citibank Na 4.91% May 29, 2030 | 0.68% | 0.01% | 0.67% |
| TACHEM 2.05 03/31/30Takeda Pharmaceutical Co Ltd 2.05 Mar 31, 2030 | 0.61% | 0.01% | 0.60% |
| PM 5.125 02/15/30Philip Morris International Inc 5.13% 02/15/2030 | 0.59% | 0.01% | 0.58% |
| SNPS 4.85 04/01/30Synopsys Inc 4.85% | 0.54% | 0.01% | 0.53% |
| GOOGL 1.1 08/15/30Alphabet Inc 1.1 Aug 15, 2030 | 0.52% | 0.01% | 0.51% |
| XOM 2.61 10/15/30Exxon Mobil Corp 2.61% Oct 15, 2030 | 0.50% | 0.01% | 0.49% |
| AMZN 1.5 06/03/30Amazon.com Inc 01.5000 06/03/2030 | 0.47% | 0.01% | 0.46% |
You are not choosing between two funds in isolation.
Whichever of BSCU 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, BSCU or SCHZ?
BSCU 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, BSCU or SCHZ?
Over the past year BSCU returned -0.09% vs -1.99% for SCHZ, so BSCU leads on 1-year performance. Over the longest common window we track (6 years), BSCU annualized +0.10% vs -0.88% for SCHZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCU or SCHZ?
BSCU has been the more volatile fund at 7.3% annualized versus 6.1% for SCHZ. Worst drawdown: BSCU -22.5% vs SCHZ -18.8%.
Should I hold both BSCU and SCHZ?
BSCU and SCHZ 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, BSCU or SCHZ?
BSCU yields 4.71% while SCHZ yields 4.33%, so BSCU currently pays the higher dividend yield.
Is SCHZ better than BSCU?
SCHZ has a lower expense ratio. BSCU 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.