Invesco BulletShares 2023 Corporate Bond ETF (BSCN)
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
| ISIN | US46138J8669 |
|---|---|
| CUSIP | 46138J866 |
| Issuer | Invesco |
| Inception Date | Sep 17, 2014 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds |
| Leveraged | 1x |
| Index Tracked | NASDAQ BulletShares USD Corporate Bond 2023 TR Index |
| Asset Class | Bond |
Expense Ratio
BSCN has an expense ratio of 0.10%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BSCN vs. HYS, BSCN vs. BSCO, BSCN vs. BSCP, BSCN vs. SJNK, BSCN vs. SCHR, BSCN vs. IBDO, BSCN vs. IBDP, BSCN vs. SPTM, BSCN vs. ANGL, BSCN vs. SHYG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco BulletShares 2023 Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.48% |
| 1 month | N/A | 2.14% |
| 6 months | N/A | 12.76% |
| 1 year | N/A | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BSCN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.41% | 0.23% | 0.42% | 0.39% | 0.42% | 0.45% | 0.46% | 0.40% | 0.46% | 0.44% | 0.50% | 4.80% | |
| 2022 | -0.50% | -0.42% | -0.45% | -0.41% | 0.50% | -0.46% | 0.27% | -0.06% | -0.21% | 0.09% | 0.59% | 0.32% | -0.75% |
| 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% | -0.22% |
| 2020 | 0.99% | 0.54% | -3.54% | 3.29% | 1.63% | 0.66% | 0.75% | 0.14% | -0.19% | 0.27% | 0.40% | 0.35% | 5.28% |
| 2019 | 1.89% | 0.43% | 1.52% | 0.30% | 0.88% | 1.28% | 0.04% | 1.44% | -0.08% | 0.30% | 0.03% | 0.49% | 8.84% |
| 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% | -0.30% |
| 2017 | 0.73% | 0.74% | 0.05% | 1.15% | 0.93% | 0.00% | 1.01% | 0.38% | -0.16% | 0.22% | -0.61% | 0.13% | 4.65% |
| 2016 | 0.60% | 1.19% | 2.54% | 1.30% | 0.14% | 1.96% | 0.96% | 0.22% | 0.07% | -1.07% | -2.44% | 0.48% | 6.01% |
| 2015 | 3.87% | -0.95% | -0.01% | -0.60% | -0.50% | -1.56% | 0.40% | -0.49% | 1.37% | 0.01% | -0.27% | -0.56% | 0.62% |
| 2014 | 0.55% | 1.14% | 0.84% | 5.54% | 8.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco BulletShares 2023 Corporate Bond ETF provided a 0.85% dividend yield over the last twelve months, with an annual payout of $0.18 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.32 | $0.33 | $0.52 | $0.62 | $0.58 | $0.56 | $0.59 | $0.57 | $0.15 |
Dividend yield | 0.85% | 1.51% | 1.56% | 2.36% | 2.92% | 2.88% | 2.67% | 2.88% | 2.88% | 0.72% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco BulletShares 2023 Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.10 | $0.09 | $0.78 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.32 |
| 2021 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.33 |
| 2020 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.52 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.62 |
| 2018 | $0.00 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.07 | $0.06 | $0.04 | $0.05 | $0.08 | $0.58 |
| 2017 | $0.00 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.10 | $0.56 |
| 2016 | $0.00 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.10 | $0.59 |
| 2015 | $0.00 | $0.04 | $0.03 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.04 | $0.10 | $0.57 |
| 2014 | $0.05 | $0.10 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco BulletShares 2023 Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco BulletShares 2023 Corporate Bond ETF was 15.79%, occurring on Mar 19, 2020. Recovery took 46 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.79% | Mar 6, 2020 | 10 | Mar 19, 2020 | 46 | May 26, 2020 | 56 |
| -4.53% | Feb 3, 2015 | 142 | Aug 25, 2015 | 143 | Mar 21, 2016 | 285 |
| -4.34% | Sep 8, 2016 | 70 | Dec 15, 2016 | 104 | May 17, 2017 | 174 |
| -3.56% | Sep 8, 2017 | 174 | May 17, 2018 | 174 | Jan 28, 2019 | 348 |
| -2.56% | Sep 22, 2021 | 184 | Jun 14, 2022 | 206 | Apr 11, 2023 | 390 |
Volatility
Volatility Chart
The current Invesco BulletShares 2023 Corporate Bond ETF volatility is 0.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.