PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BSCN vs. SPTM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSCN and SPTM is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.0

Performance

BSCN vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember20250
6.92%
BSCN
SPTM

Key characteristics

Returns By Period


BSCN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SPTM

YTD

1.26%

1M

-2.06%

6M

6.93%

1Y

25.91%

5Y*

13.83%

10Y*

13.21%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BSCN vs. SPTM - Expense Ratio Comparison

BSCN has a 0.10% expense ratio, which is higher than SPTM's 0.03% 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%.


BSCN
Invesco BulletShares 2023 Corporate Bond ETF
Expense ratio chart for BSCN: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for SPTM: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

BSCN vs. SPTM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSCN

SPTM
The Risk-Adjusted Performance Rank of SPTM is 8181
Overall Rank
The Sharpe Ratio Rank of SPTM is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of SPTM is 7979
Sortino Ratio Rank
The Omega Ratio Rank of SPTM is 8181
Omega Ratio Rank
The Calmar Ratio Rank of SPTM is 8282
Calmar Ratio Rank
The Martin Ratio Rank of SPTM is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSCN vs. SPTM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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 ratio
No data
The chart of Calmar ratio for BSCN, currently valued at 0.00, compared to the broader market0.005.0010.0015.000.003.04
BSCN
SPTM


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
-1.00
1.98
BSCN
SPTM

Dividends

BSCN vs. SPTM - Dividend Comparison

BSCN has not paid dividends to shareholders, while SPTM's dividend yield for the trailing twelve months is around 1.27%.


TTM20242023202220212020201920182017201620152014
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
0.00%0.00%3.69%1.51%1.56%2.36%2.92%2.88%2.67%2.88%2.88%0.72%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF
1.27%1.28%1.44%1.69%1.25%1.56%1.71%1.90%1.66%1.91%1.92%2.08%

Drawdowns

BSCN vs. SPTM - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.38%
-2.31%
BSCN
SPTM

Volatility

BSCN vs. SPTM - Volatility Comparison

The current volatility for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) is 0.00%, while SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a volatility of 4.99%. This indicates that BSCN experiences smaller price fluctuations and is considered to be less risky than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember20250
4.99%
BSCN
SPTM
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab