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Invesco BulletShares 2032 Corporate Bond ETF (BSCW...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46139W8588
CUSIP
46139W858
Issuer
Invesco
Inception Date
Sep 8, 2022
Leveraged
1x (No leverage)
Index Tracked
Invesco BulletShares Corporate Bond 2032 Index
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco BulletShares 2032 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.


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S&P 500 Index

Returns By Period

Invesco BulletShares 2032 Corporate Bond ETF (BSCW) has returned -0.23% so far this year and 6.07% over the past 12 months.


Invesco BulletShares 2032 Corporate Bond ETF

1D
0.58%
1M
-1.81%
YTD
-0.23%
6M
0.93%
1Y
6.07%
3Y*
5.16%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 8, 2022, BSCW's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 65% of months were positive and 35% 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 50% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.31%1.29%-1.81%-0.23%
20250.56%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%
20234.45%-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 3.65%, beta of 0.15, and R² of 0.11 versus S&P 500 Index. Calculated based on daily prices since September 09, 2022.

  • This ETF participated in 46.51% of S&P 500 Index downside but only 35.94% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.15 may look defensive, but with R² of 0.11 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 0.11 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
3.65%
Beta
0.15
0.11
Upside Capture
35.94%
Downside Capture
46.51%

Expense Ratio

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


Return for Risk

Risk / Return Rank

BSCW ranks 71 for risk / return — better than 71% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


BSCW Risk / Return Rank: 7171
Overall Rank
BSCW Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
BSCW Sortino Ratio Rank: 6969
Sortino Ratio Rank
BSCW Omega Ratio Rank: 6565
Omega Ratio Rank
BSCW Calmar Ratio Rank: 7777
Calmar Ratio Rank
BSCW Martin Ratio Rank: 7272
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 2032 Corporate Bond ETF (BSCW) and compare them to a chosen benchmark (S&P 500 Index).


BSCWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.30

0.90

+0.41

Sortino ratio

Return per unit of downside risk

1.80

1.39

+0.41

Omega ratio

Gain probability vs. loss probability

1.25

1.21

+0.04

Calmar ratio

Return relative to maximum drawdown

2.11

1.40

+0.71

Martin ratio

Return relative to average drawdown

7.69

6.61

+1.09

Explore BSCW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Invesco BulletShares 2032 Corporate Bond ETF provided a 4.85% dividend yield over the last twelve months, with an annual payout of $1.00 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.002022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$1.00$1.00$1.02$0.99$0.22

Dividend yield

4.85%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.08$0.08$0.08$0.24
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.


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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 1.81%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.32%Feb 3, 2023179Oct 19, 202333Dec 6, 2023212
-7.49%Sep 12, 202229Oct 20, 202219Nov 16, 202248
-4.7%Sep 18, 202480Jan 13, 202598Jun 4, 2025178
-4.23%Dec 28, 202375Apr 16, 202455Jul 5, 2024130
-3.85%Dec 15, 202211Dec 30, 20228Jan 12, 202319

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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