- ISIN
- US46139W8588
- CUSIP
- 46139W858
- Issuer
- Invesco
- Inception Date
- Sep 8, 2022
- Category
- Corporate Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Invesco BulletShares Corporate Bond 2032 Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $1B
Highlights
- Avg. Volume (1M)
- 286K
- Avg. Volume Value (1M)
- $5.81M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BSCW Performance Chart
Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is down 0.4% since the beginning of the year. BSCW is currently trading at $20 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
Invesco BulletShares 2032 Corporate Bond ETF (BSCW) has returned -0.37% so far this year and 2.29% over the past 12 months.
Invesco BulletShares 2032 Corporate Bond ETF
- 1D
- -0.22%
- 1M
- -0.99%
- 6M
- -0.69%
- YTD
- -0.37%
- 1Y
- 2.29%
- 3Y*
- 5.59%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.17%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
BSCW Monthly Returns History
Based on dividend-adjusted daily data since Sep 8, 2022, BSCW's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, an investment would double in approximately 12.9 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2022 with a return of +7.0%, while the worst month was Sep 2022 at -4.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BSCW closed higher 51% of trading days. The best single day was Nov 10, 2022 with a return of +3.5%, while the worst single day was Apr 7, 2025 at -1.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.31% | 1.29% | -1.81% | 0.45% | 0.24% | 0.14% | -0.97% | -0.37% | |||||
| 2025 | 0.56% | 1.95% | 0.01% | 0.22% | 0.59% | 1.61% | 0.26% | 1.29% | 1.02% | 0.25% | 0.92% | -0.01% | 9.00% |
| 2024 | -0.78% | -1.36% | 1.19% | -2.58% | 2.09% | 0.70% | 2.71% | 1.72% | 1.55% | -2.56% | 1.45% | -1.77% | 2.20% |
| 2023 | 4.45% | -3.83% | 3.99% | 0.67% | -1.63% | 0.21% | 0.25% | -0.77% | -3.07% | -2.08% | 6.78% | 4.57% | 9.31% |
| 2022 | -4.70% | -0.62% | 7.02% | -1.03% | 0.31% |
Benchmark Metrics
Invesco BulletShares 2032 Corporate Bond ETF has an annualized alpha of 2.68%, beta of 0.15, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since September 08, 2022.
- This ETF participated in 47.18% of S&P 500 Index downside but only 31.11% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.15 may look defensive, but with R2 of 0.12 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 0.12 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
- 2.68%
- Beta
- 0.15
- R²
- 0.12
- Upside Capture
- 31.11%
- Downside Capture
- 47.18%
Expense Ratio
BSCW has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
BSCW ranks 32 for risk / return — above 32% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSCW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 2.00 | -0.88 |
| Martin ratioReturn relative to average drawdown | 3.04 | 8.49 | -5.46 |
Dividends
Dividend History
Invesco BulletShares 2032 Corporate Bond ETF provided a 4.87% dividend yield over the last twelve months, with an annual payout of $0.99 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.99 | $1.00 | $1.02 | $0.99 | $0.22 |
Dividend yield | 4.87% | 4.81% | 5.06% | 4.80% | 1.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco BulletShares 2032 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.57 | |||||
| 2025 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $1.00 |
| 2024 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.08 | $0.08 | $0.09 | $1.02 |
| 2023 | $0.09 | $0.08 | $0.08 | $0.08 | $0.09 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.08 | $0.11 | $0.99 |
| 2022 | $0.08 | $0.08 | $0.06 | $0.22 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco BulletShares 2032 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 2032 Corporate Bond ETF was 8.32%, occurring on Oct 19, 2023. Recovery took 33 trading sessions.
The current Invesco BulletShares 2032 Corporate Bond ETF drawdown is 1.95%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-8.32%Oct 2023 | 8mo 18d | 1mo 18d | 10mo 6dFeb 2023 - Dec 2023 | — |
-7.49%Oct 2022 | 1mo 8d | 27d | 2mo 5dSep 2022 - Nov 2022 | Bear market2022 |
-4.70%Jan 2025 | 3mo 27d | 4mo 22d | 8mo 19dSep 2024 - Jun 2025 | — |
-4.23%Apr 2024 | 3mo 20d | 2mo 20d | 6mo 10dDec 2023 - Jul 2024 | — |
-3.85%Dec 2022 | 15d | 13d | 28dDec 2022 - Jan 2023 | Bear market2022 |
Drawdown Indicators
| BSCW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.32% | -56.78% | +48.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -9.10% | +6.29% |
Max Drawdown (3Y)Largest decline over 3 years | -5.94% | -18.90% | +12.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.95% | -1.58% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -1.80% | -10.70% | +8.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.14% | -1.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BSCW
Add Invesco BulletShares 2032 Corporate Bond ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BSCW