BSCP vs. FTABX

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco BulletShares 2025 Corporate Bond ETF (BSCP) and Fidelity Tax-Free Bond Fund (FTABX).

BSCP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2025 Index. It was launched on Oct 7, 2015. FTABX is managed by Fidelity. It was launched on Apr 10, 2001.

Performance

BSCP vs. FTABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2025 Corporate Bond ETF (BSCP) and Fidelity Tax-Free Bond Fund (FTABX). The values are adjusted to include any dividend payments, if applicable.

BSCP vs. FTABX - 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%
FTABX Fidelity Tax-Free Bond Fund	-0.77%	5.60%	1.54%	7.51%	-10.74%	2.20%	4.80%	8.58%	0.67%	6.45%

Returns By Period

BSCP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTABX

• 1D: 0.18%
• 1M: -2.93%
• YTD: -0.77%
• 6M: 0.87%
• 1Y: 4.33%
• 3Y*: 3.49%
• 5Y*: 0.93%
• 10Y*: 2.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCP vs. FTABX - Expense Ratio Comparison

BSCP has a 0.10% expense ratio, which is lower than FTABX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FTABX

Fidelity Tax-Free Bond Fund

BSCP

Invesco BulletShares 2025 Corporate Bond ETF

Return for Risk

BSCP vs. FTABX — Risk / Return Rank

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

FTABX

FTABX Risk / Return Rank: 56
FTABX Sharpe Ratio Rank: 62
FTABX Sortino Ratio Rank: 56
FTABX Omega Ratio Rank: 78
FTABX Calmar Ratio Rank: 47
FTABX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSCP vs. FTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 Corporate Bond ETF (BSCP) and Fidelity Tax-Free Bond Fund (FTABX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSCP	FTABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.04	—

Correlation

The correlation between BSCP and FTABX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BSCP vs. FTABX - Dividend Comparison

BSCP's dividend yield for the trailing twelve months is around 2.97%, less than FTABX's 3.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCP Invesco BulletShares 2025 Corporate Bond ETF	2.97%	3.99%	3.96%	3.39%	2.24%	1.93%	2.42%	3.12%	3.26%	2.93%	2.94%	0.75%
FTABX Fidelity Tax-Free Bond Fund	3.21%	4.18%	2.81%	2.90%	2.16%	2.27%	2.64%	2.94%	3.01%	3.49%	4.22%	3.29%

Drawdowns

Drawdown Indicators

	BSCP	FTABX	Difference
Max Drawdown Largest peak-to-trough decline	—	-16.14%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.14%	—
Current Drawdown Current decline from peak	—	-2.93%	—
Average Drawdown Average peak-to-trough decline	—	-2.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.36%	—

Volatility

Volatility by Period

	BSCP	FTABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.84%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.12%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.27%	—