Invesco BulletShares 2030 Municipal Bond ETF (BSMU)

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The chart shows the growth of an initial investment of $10,000 in Invesco BulletShares 2030 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.

Invesco BulletShares 2030 Municipal Bond ETF (BSMU) has returned -0.30% so far this year and 3.98% over the past 12 months.

Based on dividend-adjusted daily data since Oct 12, 2020, BSMU's average daily return is 0.00%, while the average monthly return is +0.04%. At this rate, your investment would double in approximately 144.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +6.2%, while the worst month was Mar 2022 at -4.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BSMU closed higher 46% of trading days. The best single day was Nov 19, 2020 with a return of +2.8%, while the worst single day was Jun 13, 2022 at -3.5%.

Invesco BulletShares 2030 Municipal Bond ETF has an annualized alpha of -0.25%, beta of 0.04, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since October 13, 2020.

• This ETF participated in 40.90% of S&P 500 Index downside but only 18.37% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.04 may look defensive, but with R² of 0.02 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 0.02 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.

BSMU has an expense ratio of 0.18%, which is considered low.

BSMU ranks 58 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Invesco BulletShares 2030 Municipal Bond ETF (BSMU) and compare them to a chosen benchmark (S&P 500 Index).

Invesco BulletShares 2030 Municipal Bond ETF provided a 2.82% dividend yield over the last twelve months, with an annual payout of $0.62 per share.

The table displays the monthly dividend distributions for Invesco BulletShares 2030 Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Invesco BulletShares 2030 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 2030 Municipal Bond ETF was 19.48%, occurring on Oct 31, 2022. The portfolio has not yet recovered.

The current Invesco BulletShares 2030 Municipal Bond ETF drawdown is 5.64%.

The chart below shows the rolling one-month volatility.