BSCN vs. SCHR
Compare and contrast key facts about Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR).
BSCN and SCHR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCN is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2023 TR Index. It was launched on Sep 17, 2014. SCHR is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (3-10 Y). It was launched on Aug 5, 2010. Both BSCN and SCHR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSCN or SCHR.
Key characteristics
| BSCN | SCHR |
|---|
Correlation
The correlation between BSCN and SCHR is 0.47, 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. SCHR - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSCN vs. SCHR - Expense Ratio Comparison
BSCN has a 0.10% expense ratio, which is higher than SCHR's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSCN vs. SCHR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). 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.
Dividends
BSCN vs. SCHR - Dividend Comparison
BSCN has not paid dividends to shareholders, while SCHR's dividend yield for the trailing twelve months is around 5.49%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCN Invesco BulletShares 2023 Corporate Bond ETF | 0.85% | 3.69% | 1.51% | 1.56% | 2.36% | 2.92% | 2.88% | 2.67% | 2.88% | 2.88% | 0.72% | 0.00% |
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 5.49% | 5.00% | 3.07% | 1.58% | 2.31% | 3.66% | 3.22% | 2.47% | 2.19% | 1.94% | 2.27% | 1.62% |
Drawdowns
BSCN vs. SCHR - Drawdown Comparison
Volatility
BSCN vs. SCHR - Volatility Comparison
The current volatility for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) is 0.00%, while Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a volatility of 1.35%. This indicates that BSCN experiences smaller price fluctuations and is considered to be less risky than SCHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.