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ISIN
US46138J6432
CUSIP
46138J643
Issuer
Invesco
Inception Date
Aug 9, 2018
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
NASDAQ BulletShares USD Corporate Bond 2028 TR Index
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$3B

Share Price Chart


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Performance

BSCS Performance Chart

Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is up 0.8% since the beginning of the year. BSCS is currently trading at $20 per share. Investors who bought $1,000 worth of BSCS shares 5 years ago would now be looking at an investment worth $1,071.


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S&P 500 Index

Returns By Period

Invesco BulletShares 2028 Corporate Bond ETF (BSCS) has returned 0.76% so far this year and 4.61% over the past 12 months.


Invesco BulletShares 2028 Corporate Bond ETF

1D
-0.05%
1M
0.25%
YTD
0.76%
6M
1.17%
1Y
4.61%
3Y*
5.45%
5Y*
1.39%
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCS Monthly Returns History

Based on dividend-adjusted daily data since Aug 9, 2018, BSCS's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, an investment would double in approximately 18.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +6.3%, while the worst month was Mar 2020 at -8.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, BSCS closed higher 51% of trading days. The best single day was Mar 23, 2020 with a return of +5.8%, while the worst single day was Mar 18, 2020 at -4.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.36%0.43%-0.58%0.34%0.30%-0.10%0.76%
20250.72%1.06%0.42%0.72%0.29%0.82%-0.01%1.08%0.47%0.27%0.54%0.44%7.04%
20240.14%-1.08%0.97%-1.36%1.36%0.59%1.86%1.30%1.05%-1.29%0.82%-0.50%3.87%
20233.08%-2.48%2.73%0.72%-1.00%-0.36%0.62%-0.21%-1.32%-0.58%3.73%2.64%7.62%
2022-2.43%-1.16%-3.07%-3.57%1.09%-2.39%3.52%-2.99%-3.94%0.07%3.83%-0.45%-11.24%
2021-0.93%-1.54%-1.48%1.09%0.57%1.18%1.07%-0.35%-0.92%-0.31%-0.43%0.21%-1.89%

Benchmark Metrics

Invesco BulletShares 2028 Corporate Bond ETF has an annualized alpha of 2.60%, beta of 0.09, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since August 10, 2018.

  • This ETF participated in 22.81% of S&P 500 Index downside but only 19.06% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.09 may look defensive, but with R2 of 0.08 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.08 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.60%
Beta
0.09
0.08
Upside Capture
19.06%
Downside Capture
22.81%

Expense Ratio

BSCS has an expense ratio of 0.10%, which is considered low.


Return for Risk

Risk / Return Rank

BSCS ranks 88 for risk / return — in the top 88% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


BSCS Risk / Return Rank: 8888
Overall Rank
BSCS Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
BSCS Sortino Ratio Rank: 9393
Sortino Ratio Rank
BSCS Omega Ratio Rank: 9090
Omega Ratio Rank
BSCS Calmar Ratio Rank: 8383
Calmar Ratio Rank
BSCS Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco BulletShares 2028 Corporate Bond ETF (BSCS) and compare them to S&P 500 Index.


BSCSBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.51

Sortino ratioReturn per unit of downside risk

+1.53

Omega ratioGain probability vs. loss probability

1.58

1.41

+0.18

Calmar ratioReturn relative to maximum drawdown

4.29

2.93

+1.36

Martin ratioReturn relative to average drawdown

18.35

13.52

+4.83

Dividends

Dividend History

Invesco BulletShares 2028 Corporate Bond ETF provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.91 per share. The fund has been increasing its distributions for 4 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$0.91$0.92$0.91$0.79$0.53$0.48$0.59$0.67$0.28

Dividend yield

4.46%4.46%4.54%3.90%2.72%2.14%2.50%3.04%1.42%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco BulletShares 2028 Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.07$0.07$0.07$0.07$0.08$0.00$0.37
2025$0.08$0.07$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.92
2024$0.07$0.07$0.07$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.91
2023$0.06$0.06$0.07$0.06$0.07$0.06$0.07$0.07$0.07$0.07$0.07$0.07$0.79
2022$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.06$0.06$0.53
2021$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.48

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco BulletShares 2028 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 2028 Corporate Bond ETF was 18.40%, occurring on Mar 20, 2020. Recovery took 53 trading sessions.

The current Invesco BulletShares 2028 Corporate Bond ETF drawdown is 0.10%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-18.40%Mar 2020
15d2mo 17d
3mo 2dMar 2020 - Jun 2020
Bear market2022
-17.63%Oct 2022
1y 2mo2y 7mo
3y 10moAug 2021 - Jun 2025
2021 pullback2021
-4.47%Mar 2021
2mo 14d4mo 16d
7moJan 2021 - Aug 2021
Rate-hike selloffLate 2018
-2.88%Nov 2018
2mo 28d1mo 23d
4mo 21dAug 2018 - Jan 2019
2019 pullback2019
-2.52%Sep 2019
8d21d
29dSep 2019 - Oct 2019

Drawdown Indicators


BSCSBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-18.40%

-56.78%

+38.38%

Max Drawdown (1Y)

Largest decline over 1 year

-1.08%

-9.10%

+8.02%

Max Drawdown (3Y)

Largest decline over 3 years

-3.14%

-18.90%

+15.76%

Max Drawdown (5Y)

Largest decline over 5 years

-17.63%

-25.43%

+7.80%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.10%

-0.74%

+0.64%

Average Drawdown

Average peak-to-trough decline

-4.20%

-10.72%

+6.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.25%

1.97%

-1.72%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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