BSCQ vs. BKLN
Compare and contrast key facts about Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and Invesco Senior Loan ETF (BKLN).
BSCQ and BKLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2026 Index. It was launched on Sep 14, 2016. BKLN is a passively managed fund by Invesco that tracks the performance of the S&P/LSTA U.S. Leveraged Loan 100 Index. It was launched on Mar 3, 2011. Both BSCQ and BKLN 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: BSCQ or BKLN.
Key characteristics
| BSCQ | BKLN | |
|---|---|---|
| YTD Return | 4.17% | 7.48% |
| 1Y Return | 7.29% | 9.80% |
| 3Y Return (Ann) | 0.37% | 5.82% |
| 5Y Return (Ann) | 1.91% | 4.49% |
| Sharpe Ratio | 3.50 | 4.25 |
| Sortino Ratio | 5.85 | 6.54 |
| Omega Ratio | 1.81 | 2.17 |
| Calmar Ratio | 0.99 | 5.92 |
| Martin Ratio | 29.36 | 50.14 |
| Ulcer Index | 0.25% | 0.20% |
| Daily Std Dev | 2.11% | 2.32% |
| Max Drawdown | -16.50% | -24.17% |
| Current Drawdown | -0.74% | -0.05% |
Correlation
The correlation between BSCQ and BKLN is 0.16, 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.
Performance
BSCQ vs. BKLN - Performance Comparison
In the year-to-date period, BSCQ achieves a 4.17% return, which is significantly lower than BKLN's 7.48% return. 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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BSCQ vs. BKLN - Expense Ratio Comparison
BSCQ has a 0.10% expense ratio, which is lower than BKLN's 0.65% expense ratio.
Risk-Adjusted Performance
BSCQ vs. BKLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and Invesco Senior Loan ETF (BKLN). 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
BSCQ vs. BKLN - Dividend Comparison
BSCQ's dividend yield for the trailing twelve months is around 3.97%, less than BKLN's 8.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 3.97% | 3.54% | 2.54% | 1.91% | 2.43% | 3.18% | 3.33% | 2.91% | 0.69% | 0.00% | 0.00% | 0.00% |
BKLN Invesco Senior Loan ETF | 8.64% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.51% | 3.51% | 4.55% | 4.11% | 4.12% | 4.39% |
Drawdowns
BSCQ vs. BKLN - Drawdown Comparison
The maximum BSCQ drawdown since its inception was -16.50%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for BSCQ and BKLN. For additional features, visit the drawdowns tool.
Volatility
BSCQ vs. BKLN - Volatility Comparison
The current volatility for Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is 0.37%, while Invesco Senior Loan ETF (BKLN) has a volatility of 0.50%. This indicates that BSCQ experiences smaller price fluctuations and is considered to be less risky than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.