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
Sep 25, 2019
North America (U.S.)
1x
Invesco BulletShares Municipal Bond 2026 Index
Expense Ratio
BSMQ has an expense ratio of 0.18%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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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 2.15% year-to-date (YTD) and 2.56% in the last 12 months.
BSMQ
2.15%
0.21%
1.79%
2.56%
0.81%
N/A
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of BSMQ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.21% | 0.28% | -0.22% | -0.39% | 0.02% | 0.77% | 0.78% | 0.48% | 0.50% | -0.61% | 0.79% | 2.15% | |
| 2023 | 1.94% | -1.93% | 1.84% | -0.47% | -0.72% | 0.63% | 0.08% | -0.43% | -1.25% | -0.40% | 3.11% | 1.26% | 3.60% |
| 2022 | -2.79% | -0.31% | -2.68% | -2.32% | 1.08% | -1.23% | 2.31% | -1.95% | -3.37% | 0.05% | 3.53% | 0.05% | -7.61% |
| 2021 | 0.68% | -1.62% | 0.58% | 1.00% | 0.16% | 0.25% | 0.59% | -0.18% | -0.58% | -0.27% | 0.44% | 0.02% | 1.05% |
| 2020 | 2.25% | 1.29% | -3.88% | -2.72% | 3.46% | 1.47% | 2.11% | -0.12% | -0.29% | -0.22% | 1.50% | 0.50% | 5.25% |
| 2019 | 0.00% | -0.33% | 0.27% | 0.30% | 0.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BSMQ is 51, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
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 provided a 2.52% dividend yield over the last twelve months, with an annual payout of $0.60 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.59 | $0.38 | $0.30 | $0.41 | $0.11 |
Dividend yield | 2.52% | 2.48% | 1.61% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.00 | $0.60 |
| 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 | $0.59 |
| 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 | $0.38 |
| 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 | $0.30 |
| 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 | $0.41 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.11 |
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.
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 2.85%.
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% | Jul 20, 2021 | 321 | Oct 25, 2022 | — | — | — |
| -2% | 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 0.50%, 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.