BSCP vs. FBND
BSCP (Invesco BulletShares 2025 Corporate Bond ETF) and FBND (Fidelity Total Bond ETF) are both exchange-traded funds - BSCP is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2025 Index, while FBND is a Intermediate Core-Plus Bond fund actively managed by Fidelity. BSCP is passively managed, while FBND is actively managed. A 0.58 correlation means they provide meaningful diversification when combined. BSCP charges 0.10%/yr vs 0.36%/yr for FBND.
Performance
BSCP vs. FBND - Performance Comparison
Loading charts...
Returns By Period
BSCP
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FBND
- 1D
- -0.26%
- 1M
- 0.58%
- YTD
- 0.61%
- 6M
- 0.71%
- 1Y
- 4.87%
- 3Y*
- 4.69%
- 5Y*
- 0.78%
- 10Y*
- 2.53%
BSCP vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSCP Invesco BulletShares 2025 Corporate Bond ETF | 0.00% | 4.19% | 5.06% | 5.11% | -5.99% | -1.37% | 8.10% | 12.76% | -1.90% | 5.75% |
FBND Fidelity Total Bond ETF | 0.61% | 7.57% | 2.13% | 6.81% | -12.54% | -0.43% | 9.41% | 9.82% | -0.57% | 3.52% |
Correlation
The correlation between BSCP and FBND is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2015 | 0.58 |
Over the past year, the correlation between BSCP and FBND has dropped to 0.02 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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
BSCP vs. FBND — Risk / Return Rank
BSCP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FBND
BSCP vs. FBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 Corporate Bond ETF (BSCP) and Fidelity Total Bond ETF (FBND). 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.
| BSCP | FBND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.83 | — |
| Martin ratioReturn relative to average drawdown | — | 5.27 | — |
Loading charts...
Drawdowns
BSCP vs. FBND - Drawdown Comparison
Loading charts...
Drawdown Indicators
| BSCP | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -17.25% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.66% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.25% | — |
Current DrawdownCurrent decline from peak | — | -1.32% | — |
Average DrawdownAverage peak-to-trough decline | — | -3.34% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.93% | — |
Volatility
BSCP vs. FBND - Volatility Comparison
Loading charts...
Volatility by Period
| BSCP | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.85% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 3.83% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 5.93% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 6.10% | — |
BSCP vs. FBND - Expense Ratio Comparison
BSCP has a 0.10% expense ratio, which is lower than FBND's 0.36% expense ratio.
Dividends
BSCP vs. FBND - Dividend Comparison
BSCP's dividend yield for the trailing twelve months is around 2.27%, less than FBND's 4.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCP Invesco BulletShares 2025 Corporate Bond ETF | 2.27% | 3.99% | 3.96% | 3.39% | 2.24% | 1.93% | 2.42% | 3.12% | 3.26% | 2.93% | 2.94% | 0.75% |
FBND Fidelity Total Bond ETF | 4.70% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
Frequently Asked Questions
BSCP and FBND have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BSCP is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BSCP is cheaper with a 0.10% expense ratio, compared with 0.36% for FBND.
FBND has the higher dividend yield at 4.70%, compared with 2.27% for BSCP.
BSCP is categorized as Corporate Bonds, while FBND is Intermediate Core-Plus Bond. They also come from different issuers: Invesco and Fidelity. Their fees differ too: 0.10% for BSCP and 0.36% for FBND.
Find the right allocation for BSCP and FBND
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