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BSCN vs. IBDO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BSCNIBDO

Correlation

0.52
-1.001.00

The correlation between BSCN and IBDO is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BSCN vs. IBDO - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


28.50%29.00%29.50%30.00%30.50%OctoberOct 08Oct 15Oct 22Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24
30.02%
29.77%
BSCN
IBDO

Compare stocks, funds, or ETFs


Invesco BulletShares 2023 Corporate Bond ETF

iShares iBonds Dec 2023 Term Corporate ETF

BSCN vs. IBDO - Expense Ratio Comparison

Both BSCN and IBDO have an expense ratio of 0.10%.

BSCN
Invesco BulletShares 2023 Corporate Bond ETF
0.50%1.00%1.50%2.00%0.10%
0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

BSCN vs. IBDO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and iShares iBonds Dec 2023 Term Corporate ETF (IBDO). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
IBDO
iShares iBonds Dec 2023 Term Corporate ETF

BSCN vs. IBDO - Sharpe Ratio Comparison

The current BSCN Sharpe Ratio is 5.62, which roughly equals the IBDO Sharpe Ratio of 6.38. The chart below compares the 12-month rolling Sharpe Ratio of BSCN and IBDO.


Rolling 12-month Sharpe Ratio5.005.506.006.507.00OctoberOct 08Oct 15Oct 22Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24
5.62
6.38
BSCN
IBDO

Dividends

BSCN vs. IBDO - Dividend Comparison

Neither BSCN nor IBDO has paid dividends to shareholders.


TTM202220212020201920182017201620152014
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
3.11%1.51%1.56%2.36%2.92%2.88%2.67%2.88%2.88%0.72%
IBDO
iShares iBonds Dec 2023 Term Corporate ETF
3.15%1.85%1.80%2.47%3.01%3.10%2.91%3.01%2.39%0.00%

Drawdowns

BSCN vs. IBDO - Drawdown Comparison


-0.40%-0.30%-0.20%-0.10%0.00%OctoberOct 08Oct 15Oct 22Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24
-0.38%
0
BSCN
IBDO

Volatility

BSCN vs. IBDO - Volatility Comparison

Invesco BulletShares 2023 Corporate Bond ETF (BSCN) has a higher volatility of 0.51% compared to iShares iBonds Dec 2023 Term Corporate ETF (IBDO) at 0.16%. This indicates that BSCN's price experiences larger fluctuations and is considered to be riskier than IBDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%OctoberOct 08Oct 15Oct 22Oct 29Nov 05Nov 12Nov 19Nov 26Dec 03Dec 10Dec 17Dec 24
0.51%
0.16%
BSCN
IBDO