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Invesco BulletShares 2023 Corporate Bond ETF (BSCN)

ETF · Currency in USD · Last updated Mar 26, 2023

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.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Invesco BulletShares 2023 Corporate Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,802 for a total return of roughly 38.02%. All prices are adjusted for splits and dividends.


40.00%50.00%60.00%70.00%80.00%90.00%100.00%NovemberDecember2023FebruaryMarch
38.02%
90.92%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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Return

Invesco BulletShares 2023 Corporate Bond ETF had a return of 0.97% year-to-date (YTD) and 1.64% in the last 12 months. Over the past 10 years, Invesco BulletShares 2023 Corporate Bond ETF had an annualized return of 3.88%, while the S&P 500 had an annualized return of 7.94%, indicating that Invesco BulletShares 2023 Corporate Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.42%-0.66%
Year-To-Date0.97%3.42%
6 months1.88%5.67%
1 year1.64%-10.89%
5 years (annualized)3.13%8.95%
10 years (annualized)3.88%7.94%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.41%0.23%
2022-0.21%0.09%0.59%0.32%

Sharpe 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 1.42. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.000.001.002.00NovemberDecember2023FebruaryMarch
1.42
-0.47
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

Dividend History

Invesco BulletShares 2023 Corporate Bond ETF granted a 2.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.


PeriodTTM202220212020201920182017201620152014
Dividend$0.44$0.32$0.39$0.52$0.62$0.58$0.60$0.66$0.60$1.20

Dividend yield

2.09%1.52%1.87%2.45%3.12%3.16%3.23%3.74%3.62%7.26%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.04$0.04
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
2021$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.08
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
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
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
2017$0.00$0.05$0.04$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.04$0.14
2016$0.00$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.17
2015$0.00$0.04$0.03$0.06$0.05$0.05$0.05$0.05$0.05$0.06$0.04$0.13
2014$0.05$1.15

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.29%
-17.21%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)

Worst 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

Volatility Chart

Current Invesco BulletShares 2023 Corporate Bond ETF volatility is 1.12%. 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%NovemberDecember2023FebruaryMarch
1.12%
19.50%
BSCN (Invesco BulletShares 2023 Corporate Bond ETF)
Benchmark (^GSPC)