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BSCQ vs. ICSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BSCQICSH
YTD Return4.17%4.82%
1Y Return7.29%5.91%
3Y Return (Ann)0.37%3.77%
5Y Return (Ann)1.91%2.67%
Sharpe Ratio3.5013.57
Sortino Ratio5.8537.95
Omega Ratio1.818.52
Calmar Ratio0.9985.78
Martin Ratio29.36525.87
Ulcer Index0.25%0.01%
Daily Std Dev2.11%0.44%
Max Drawdown-16.50%-3.94%
Current Drawdown-0.74%-0.04%

Correlation

-0.50.00.51.00.3

The correlation between BSCQ and ICSH is 0.25, 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. ICSH - Performance Comparison

In the year-to-date period, BSCQ achieves a 4.17% return, which is significantly lower than ICSH's 4.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
3.46%
2.86%
BSCQ
ICSH

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BSCQ vs. ICSH - Expense Ratio Comparison

BSCQ has a 0.10% expense ratio, which is higher than ICSH's 0.08% 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%.


BSCQ
Invesco BulletShares 2026 Corporate Bond ETF
Expense ratio chart for BSCQ: 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 ICSH: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

BSCQ vs. ICSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and iShares Ultra Short-Term Bond ETF (ICSH). 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.


BSCQ
Sharpe ratio
The chart of Sharpe ratio for BSCQ, currently valued at 3.50, compared to the broader market-2.000.002.004.006.003.50
Sortino ratio
The chart of Sortino ratio for BSCQ, currently valued at 5.85, compared to the broader market-2.000.002.004.006.008.0010.0012.005.85
Omega ratio
The chart of Omega ratio for BSCQ, currently valued at 1.81, compared to the broader market1.001.502.002.503.001.81
Calmar ratio
The chart of Calmar ratio for BSCQ, currently valued at 0.99, compared to the broader market0.005.0010.0015.000.99
Martin ratio
The chart of Martin ratio for BSCQ, currently valued at 29.36, compared to the broader market0.0020.0040.0060.0080.00100.0029.36
ICSH
Sharpe ratio
The chart of Sharpe ratio for ICSH, currently valued at 13.57, compared to the broader market-2.000.002.004.006.0013.57
Sortino ratio
The chart of Sortino ratio for ICSH, currently valued at 37.95, compared to the broader market-2.000.002.004.006.008.0010.0012.0037.95
Omega ratio
The chart of Omega ratio for ICSH, currently valued at 8.52, compared to the broader market1.001.502.002.503.008.52
Calmar ratio
The chart of Calmar ratio for ICSH, currently valued at 85.78, compared to the broader market0.005.0010.0015.0085.78
Martin ratio
The chart of Martin ratio for ICSH, currently valued at 525.87, compared to the broader market0.0020.0040.0060.0080.00100.00525.87

BSCQ vs. ICSH - Sharpe Ratio Comparison

The current BSCQ Sharpe Ratio is 3.50, which is lower than the ICSH Sharpe Ratio of 13.57. The chart below compares the historical Sharpe Ratios of BSCQ and ICSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.0014.00JuneJulyAugustSeptemberOctoberNovember
3.50
13.57
BSCQ
ICSH

Dividends

BSCQ vs. ICSH - Dividend Comparison

BSCQ's dividend yield for the trailing twelve months is around 3.97%, less than ICSH's 5.27% yield.


TTM2023202220212020201920182017201620152014
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%
ICSH
iShares Ultra Short-Term Bond ETF
5.27%4.78%1.66%0.42%1.22%2.60%2.19%1.36%0.88%0.54%0.46%

Drawdowns

BSCQ vs. ICSH - Drawdown Comparison

The maximum BSCQ drawdown since its inception was -16.50%, which is greater than ICSH's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for BSCQ and ICSH. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.74%
-0.04%
BSCQ
ICSH

Volatility

BSCQ vs. ICSH - Volatility Comparison

Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) has a higher volatility of 0.37% compared to iShares Ultra Short-Term Bond ETF (ICSH) at 0.13%. This indicates that BSCQ's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.10%0.20%0.30%0.40%0.50%0.60%JuneJulyAugustSeptemberOctoberNovember
0.37%
0.13%
BSCQ
ICSH