ASHS vs. BSCQ
ASHS (Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - ASHS is a China Equities fund tracking the CSI 500 Index, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. Over the past 5 years, ASHS returned 5.45%/yr vs 1.53%/yr for BSCQ. At a 0.03 correlation, their price movements are largely independent. ASHS charges 0.65%/yr vs 0.10%/yr for BSCQ.
Performance
ASHS vs. BSCQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ASHS achieves a 23.25% return, which is significantly higher than BSCQ's 1.68% return.
ASHS
- 1D
- 2.15%
- 1M
- 4.69%
- YTD
- 23.25%
- 6M
- 27.23%
- 1Y
- 69.26%
- 3Y*
- 17.55%
- 5Y*
- 5.45%
- 10Y*
- 4.33%
BSCQ
- 1D
- -0.03%
- 1M
- 0.25%
- YTD
- 1.68%
- 6M
- 1.81%
- 1Y
- 4.25%
- 3Y*
- 5.17%
- 5Y*
- 1.53%
- 10Y*
- —
ASHS vs. BSCQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF | 23.25% | 39.48% | 2.68% | -10.03% | -24.78% | 17.66% | 28.22% | 24.53% | -35.91% | 7.90% |
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 1.68% | 5.02% | 4.86% | 5.71% | -8.31% | -1.68% | 9.41% | 13.94% | -2.40% | 5.93% |
Correlation
The correlation between ASHS and BSCQ is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016 | 0.03 |
The correlation between ASHS and BSCQ shifts across timeframes, from -0.08 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ASHS vs. BSCQ — Risk / Return Rank
ASHS
BSCQ
ASHS vs. BSCQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ASHS | BSCQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.03 | ||
| Sortino ratioReturn per unit of downside risk | -11.87 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 3.43 | -1.94 |
| Calmar ratioReturn relative to maximum drawdown | 4.96 | 41.77 | -36.81 |
| Martin ratioReturn relative to average drawdown | 15.51 | 181.80 | -166.29 |
Loading charts...
Drawdowns
ASHS vs. BSCQ - Drawdown Comparison
The maximum ASHS drawdown since its inception was -69.90%, which is greater than BSCQ's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for ASHS and BSCQ.
Loading charts...
Drawdown Indicators
| ASHS | BSCQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.90% | -16.50% | -53.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.03% | -0.10% | -13.93% |
Max Drawdown (3Y)Largest decline over 3 years | -34.13% | -1.13% | -33.00% |
Max Drawdown (5Y)Largest decline over 5 years | -47.81% | -13.02% | -34.79% |
Max Drawdown (10Y)Largest decline over 10 years | -47.81% | — | — |
Current DrawdownCurrent decline from peak | -28.86% | -0.03% | -28.83% |
Average DrawdownAverage peak-to-trough decline | -48.49% | -2.84% | -45.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 0.02% | +4.46% |
Volatility
ASHS vs. BSCQ - Volatility Comparison
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) has a higher volatility of 7.65% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.13%. This indicates that ASHS's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ASHS | BSCQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | 0.13% | +7.52% |
Volatility (6M)Calculated over the trailing 6-month period | 17.69% | 0.43% | +17.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.19% | 0.61% | +22.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.57% | 3.29% | +23.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.60% | 4.75% | +20.85% |
ASHS vs. BSCQ - Expense Ratio Comparison
ASHS has a 0.65% expense ratio, which is higher than BSCQ's 0.10% expense ratio.
Dividends
ASHS vs. BSCQ - Dividend Comparison
ASHS has not paid dividends to shareholders, while BSCQ's dividend yield for the trailing twelve months is around 4.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF | 0.00% | 0.00% | 0.69% | 0.65% | 1.90% | 0.76% | 0.43% | 0.57% | 0.00% | 0.00% | 0.00% | 8.34% |
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 4.11% | 4.14% | 4.05% | 3.53% | 2.54% | 1.91% | 2.42% | 2.96% | 3.32% | 2.92% | 0.51% | 0.00% |
Frequently Asked Questions
ASHS and BSCQ have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASHS has higher volatility (7.65%) compared to BSCQ (0.13%). In terms of maximum drawdown, ASHS dropped -69.90% vs BSCQ's -16.50%.
On 5-year performance, ASHS leads with 5.45% vs 1.53% for BSCQ. On fees, BSCQ is cheaper at 0.10% per year. On volatility, BSCQ has been the lower-risk option at 0.13%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ASHS has performed better with a 5.45% return vs 1.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSCQ is cheaper with a 0.10% expense ratio, compared with 0.65% for ASHS.
BSCQ has the higher dividend yield at 4.46%, compared with 0.00% for ASHS.
ASHS is categorized as China Equities, while BSCQ is Corporate Bonds. ASHS tracks CSI 500 Index, while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index. They also come from different issuers: Deutsche Bank and Invesco. Their fees differ too: 0.65% for ASHS and 0.10% for BSCQ.
BSCQ currently has the higher Sharpe Ratio (7.04 vs 3.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ASHS and BSCQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer