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Invesco BulletShares 2023 Corporate Bond ETF (BSCN)

ETF · Currency in USD · Last updated Aug 6, 2022

BSCN is a passive ETF by Invesco tracking the investment results of the NASDAQ BulletShares USD Corporate Bond 2023 TR Index. BSCN launched on Sep 17, 2014 and has a 0.10% expense ratio.

ETF Info

ISINUS46138J8669
CUSIP46138J866
IssuerInvesco
Inception DateSep 17, 2014
RegionDeveloped Markets (Broad)
CategoryCorporate Bonds
Expense Ratio0.10%
Index TrackedNASDAQ BulletShares USD Corporate Bond 2023 TR Index
Asset ClassBond

Trading Data

Previous Close$20.96
Year Range$20.85 - $21.40
EMA (50)$20.95
EMA (200)$21.09
Average Volume$622.26K

BSCNShare Price Chart


Chart placeholderClick Calculate to get results

BSCNPerformance

The chart shows the growth of $10,000 invested in Invesco BulletShares 2023 Corporate Bond ETF in Sep 2014 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,558 for a total return of roughly 35.58%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
-0.93%
-9.64%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

BSCNReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.17%8.19%
6M-1.07%-7.42%
YTD-1.56%-13.03%
1Y-1.96%-5.85%
5Y2.35%10.86%
10Y3.96%9.20%

BSCNMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.50%-0.42%-0.45%-0.41%0.50%-0.46%0.27%-0.10%
2021-0.16%0.05%-0.03%0.09%0.18%-0.06%0.08%0.07%-0.07%-0.20%-0.21%0.06%
20200.99%0.54%-3.54%3.29%1.63%0.66%0.75%0.14%-0.19%0.27%0.40%0.34%
20191.89%0.43%1.52%0.30%0.88%1.28%0.04%1.44%-0.08%0.30%0.03%0.50%
2018-0.89%-0.80%0.06%-0.45%0.33%-0.14%0.48%0.74%-0.22%-0.47%-0.05%1.14%
20170.73%0.74%0.05%1.15%0.93%0.00%1.01%0.38%-0.16%0.22%-0.61%0.13%
20160.60%1.18%2.54%1.30%0.14%1.96%0.96%0.22%0.07%-1.07%-2.44%0.48%
20153.87%-0.95%-0.01%-0.60%-0.50%-1.56%0.40%-0.49%1.37%0.01%-0.27%-0.56%
20140.55%1.14%0.84%5.54%

BSCNSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco BulletShares 2023 Corporate Bond ETF Sharpe ratio is -1.47. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.500.000.501.001.50MarchAprilMayJuneJulyAugust
-1.47
-0.31
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

BSCNDividend History

Invesco BulletShares 2023 Corporate Bond ETF granted a 1.66% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.


PeriodTTM20212020201920182017201620152014
Dividend$0.35$0.39$0.52$0.62$0.58$0.60$0.66$0.60$1.20

Dividend yield

1.66%1.85%2.42%3.08%3.12%3.19%3.69%3.57%7.16%

BSCNDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-2.05%
-13.58%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

BSCNWorst Drawdowns

The table below shows the maximum drawdowns of the Invesco BulletShares 2023 Corporate Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco BulletShares 2023 Corporate Bond ETF is 15.79%, recorded on Mar 19, 2020. It took 46 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.79%Mar 6, 202010Mar 19, 202046May 26, 202056
-4.53%Feb 3, 2015142Aug 25, 2015143Mar 21, 2016285
-4.34%Sep 8, 201670Dec 15, 2016104May 17, 2017174
-3.56%Sep 8, 2017174May 17, 2018174Jan 28, 2019348
-2.56%Sep 22, 2021184Jun 14, 2022
-2.03%Oct 17, 201421Nov 18, 201423Dec 29, 201444
-1.12%Sep 5, 20197Sep 13, 201914Oct 3, 201921
-0.93%May 16, 20163May 18, 201611Jun 3, 201614
-0.78%Jun 9, 20203Jun 11, 202015Jul 2, 202018
-0.73%Jun 27, 20176Jul 5, 20177Jul 14, 201713

BSCNVolatility Chart

Current Invesco BulletShares 2023 Corporate Bond ETF volatility is 1.28%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%MarchAprilMayJuneJulyAugust
1.28%
19.67%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)