Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)
BSMQ is a passive ETF by Invesco tracking the investment results of the Invesco BulletShares Municipal Bond 2026 Index. BSMQ launched on Sep 25, 2019 and has a 0.18% expense ratio.
ETF Info
| Issuer | Invesco |
|---|---|
| Inception Date | Sep 25, 2019 |
| Region | North America (U.S.) |
| Category | Municipal Bonds |
| Index Tracked | Invesco BulletShares Municipal Bond 2026 Index |
| Asset Class | Bond |
Expense Ratio
The Invesco BulletShares 2026 Municipal Bond ETF features an expense ratio of 0.18%, falling within the medium range.
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 2026 Municipal 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.
Returns By Period
Invesco BulletShares 2026 Municipal Bond ETF had a return of -0.37% year-to-date (YTD) and 1.69% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.37% | 5.29% |
| 1 month | -0.47% | -2.47% |
| 6 months | 3.61% | 16.40% |
| 1 year | 1.69% | 20.88% |
| 5 years (annualized) | N/A | 11.60% |
| 10 years (annualized) | N/A | 10.43% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.21% | 0.27% | -0.22% | |||||||||
| 2023 | -1.26% | -0.40% | 3.11% | 1.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco BulletShares 2026 Municipal Bond ETF(BSMQ)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco BulletShares 2026 Municipal Bond ETF granted a 2.53% dividend yield in the last twelve months. The annual payout for that period amounted to $0.60 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.59 | $0.38 | $0.30 | $0.41 | $0.11 |
Dividend yield | 2.53% | 2.47% | 1.60% | 1.14% | 1.57% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco BulletShares 2026 Municipal 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.05 | $0.05 | |||||||||
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.02 |
| 2019 | $0.04 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco BulletShares 2026 Municipal 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 2026 Municipal Bond ETF was 13.18%, occurring on Mar 23, 2020. Recovery took 169 trading sessions.
The current Invesco BulletShares 2026 Municipal Bond ETF drawdown is 5.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.18% | Mar 11, 2020 | 9 | Mar 23, 2020 | 169 | Nov 19, 2020 | 178 |
| -11.5% | Aug 13, 2021 | 303 | Oct 25, 2022 | — | — | — |
| -1.99% | Feb 12, 2021 | 9 | Feb 25, 2021 | 71 | Jun 8, 2021 | 80 |
| -0.87% | Oct 24, 2019 | 13 | Nov 11, 2019 | 15 | Dec 3, 2019 | 28 |
| -0.81% | Jun 14, 2021 | 8 | Jun 23, 2021 | 17 | Jul 19, 2021 | 25 |
Volatility
Volatility Chart
The current Invesco BulletShares 2026 Municipal Bond ETF volatility is 0.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.