- Issuer
- Invesco
- Inception Date
- Jun 12, 2024
- Category
- Corporate Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Nasdaq BulletShares USD Corporate Bond 2034 Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $553M
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
BSCY Performance Chart
Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is up 0.2% since the beginning of the year. BSCY is currently trading at $21 per share.
Loading charts...
Returns By Period
Invesco BulletShares 2034 Corporate Bond ETF (BSCY) has returned 0.24% so far this year and 5.50% over the past 12 months.
Invesco BulletShares 2034 Corporate Bond ETF
- 1D
- -0.25%
- 1M
- 0.48%
- YTD
- 0.24%
- 6M
- 0.48%
- 1Y
- 5.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BSCY Monthly Returns History
Based on dividend-adjusted daily data since Jun 12, 2024, BSCY's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.
Historically, 68% of months were positive and 32% were negative. The best month was Jul 2024 with a return of +2.6%, while the worst month was Oct 2024 at -2.7%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.
On a daily basis, BSCY closed higher 52% of trading days. The best single day was Jan 15, 2025 with a return of +1.2%, while the worst single day was Apr 8, 2025 at -1.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.25% | 1.36% | -1.97% | 0.48% | 0.50% | -0.35% | 0.24% | ||||||
| 2025 | 0.39% | 2.32% | -0.23% | 0.17% | 0.17% | 2.28% | -0.03% | 1.17% | 1.45% | 0.28% | 1.02% | -0.14% | 9.18% |
| 2024 | -0.30% | 2.63% | 1.80% | 1.53% | -2.74% | 1.54% | -1.96% | 2.41% |
Benchmark Metrics
Invesco BulletShares 2034 Corporate Bond ETF has an annualized alpha of 4.08%, beta of 0.10, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since June 12, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.96%) than losses (20.98%) - typical of diversified or defensive assets.
- Beta of 0.10 may look defensive, but with R2 of 0.09 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 0.09 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
- 4.08%
- Beta
- 0.10
- R²
- 0.09
- Upside Capture
- 24.96%
- Downside Capture
- 20.98%
Expense Ratio
BSCY has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
BSCY ranks 36 for risk / return — below 36% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco BulletShares 2034 Corporate Bond ETF (BSCY) 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.
| BSCY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.78 | -1.01 |
| Martin ratioReturn relative to average drawdown | 5.62 | 12.44 | -6.82 |
Dividends
Dividend History
Invesco BulletShares 2034 Corporate Bond ETF provided a 5.32% dividend yield over the last twelve months, with an annual payout of $1.10 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $1.10 | $1.01 | $0.49 |
Dividend yield | 5.32% | 4.79% | 2.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco BulletShares 2034 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 | $0.09 | $0.09 | $0.50 | ||||||
| 2025 | $0.07 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.08 | $0.08 | $0.08 | $0.08 | $1.01 |
| 2024 | $0.10 | $0.13 | $0.06 | $0.04 | $0.08 | $0.08 | $0.49 |
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 2034 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 2034 Corporate Bond ETF was 5.44%, occurring on Jan 14, 2025. Recovery took 109 trading sessions.
The current Invesco BulletShares 2034 Corporate Bond ETF drawdown is 1.35%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 pullback2025 | -5.44%Jan 2025 | 3mo 28d | 5mo 10d | 9mo 8dSep 2024 - Jun 2025 |
2026 pullback2026 | -3.11%Mar 2026 | 25d | — | 3mo 23dMar 2026 - now |
2025 pullback2025 | -1.46%Nov 2025 | 8d | 1mo 24d | 2mo 2dOct 2025 - Dec 2025 |
2024 pullback2024 | -1.45%Jul 2024 | 11d | 4d | 15dJun 2024 - Jul 2024 |
2024 pullback2024 | -1.34%Aug 2024 | 2d | 7d | 9dAug 2024 - Aug 2024 |
Drawdown Indicators
| BSCY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.44% | -56.78% | +51.34% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -9.10% | +5.99% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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 | -1.35% | -1.80% | +0.45% |
Average DrawdownAverage peak-to-trough decline | -1.23% | -10.71% | +9.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.03% | -1.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BSCY
Add Invesco BulletShares 2034 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 BSCY