BSCQ vs. VCLT

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and Vanguard Long-Term Corporate Bond ETF (VCLT).

BSCQ and VCLT 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. VCLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 10+ Year Corporate Index. It was launched on Nov 19, 2009. Both BSCQ and VCLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BSCQ vs. VCLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and Vanguard Long-Term Corporate Bond ETF (VCLT). The values are adjusted to include any dividend payments, if applicable.

BSCQ vs. VCLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	0.74%	5.02%	4.86%	5.71%	-8.31%	-1.68%	9.41%	13.94%	-2.40%	5.93%
VCLT Vanguard Long-Term Corporate Bond ETF	-0.48%	7.18%	-1.90%	11.17%	-25.50%	-1.73%	13.27%	23.89%	-7.04%	11.70%

Returns By Period

In the year-to-date period, BSCQ achieves a 0.74% return, which is significantly higher than VCLT's -0.48% return.

BSCQ

• 1D: -0.05%
• 1M: 0.18%
• YTD: 0.74%
• 6M: 1.84%
• 1Y: 4.39%
• 3Y*: 4.73%
• 5Y*: 1.58%
• 10Y*: —

VCLT

• 1D: 0.16%
• 1M: -2.31%
• YTD: -0.48%
• 6M: -1.46%
• 1Y: 3.64%
• 3Y*: 3.12%
• 5Y*: -1.70%
• 10Y*: 2.47%

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

BSCQ vs. VCLT - Expense Ratio Comparison

BSCQ has a 0.10% expense ratio, which is higher than VCLT's 0.04% 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

VCLT

Vanguard Long-Term Corporate Bond ETF

Return for Risk

BSCQ vs. VCLT — Risk / Return Rank

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

BSCQ

BSCQ Risk / Return Rank: 99
BSCQ Sharpe Ratio Rank: 99
BSCQ Sortino Ratio Rank: 99
BSCQ Omega Ratio Rank: 99
BSCQ Calmar Ratio Rank: 99
BSCQ Martin Ratio Rank: 99

VCLT

VCLT Risk / Return Rank: 23
VCLT Sharpe Ratio Rank: 21
VCLT Sortino Ratio Rank: 19
VCLT Omega Ratio Rank: 19
VCLT Calmar Ratio Rank: 31
VCLT Martin Ratio Rank: 24

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.

BSCQ vs. VCLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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	VCLT	Difference
Sharpe ratio Return per unit of total volatility	5.25	0.36	+4.89
Sortino ratio Return per unit of downside risk	8.88	0.54	+8.33
Omega ratio Gain probability vs. loss probability	2.74	1.07	+1.67
Calmar ratio Return relative to maximum drawdown	10.85	0.78	+10.07
Martin ratio Return relative to average drawdown	72.51	1.80	+70.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSCQ vs. VCLT - Sharpe Ratio Comparison

The current BSCQ Sharpe Ratio is 5.25, which is higher than the VCLT Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of BSCQ and VCLT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BSCQ	VCLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.25	0.36	+4.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	-0.13	+0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.39	+0.20

Correlation

The correlation between BSCQ and VCLT is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BSCQ vs. VCLT - Dividend Comparison

BSCQ's dividend yield for the trailing twelve months is around 4.15%, less than VCLT's 5.64% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.15%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%	0.00%
VCLT Vanguard Long-Term Corporate Bond ETF	5.64%	5.51%	5.19%	4.67%	4.44%	3.07%	3.16%	3.81%	4.55%	4.01%	4.33%	4.68%

Drawdowns

BSCQ vs. VCLT - Drawdown Comparison

The maximum BSCQ drawdown since its inception was -16.50%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for BSCQ and VCLT.

Drawdown Indicators

	BSCQ	VCLT	Difference
Max Drawdown Largest peak-to-trough decline	-16.50%	-34.31%	+17.81%
Max Drawdown (1Y) Largest decline over 1 year	-0.41%	-5.39%	+4.98%
Max Drawdown (5Y) Largest decline over 5 years	-13.02%	-34.31%	+21.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.31%	—
Current Drawdown Current decline from peak	-0.05%	-15.60%	+15.55%
Average Drawdown Average peak-to-trough decline	-2.90%	-8.09%	+5.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	2.33%	-2.27%

Volatility

BSCQ vs. VCLT - Volatility Comparison

The current volatility for Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is 0.22%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 3.99%. This indicates that BSCQ experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSCQ	VCLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.22%	3.99%	-3.77%
Volatility (6M) Calculated over the trailing 6-month period	0.45%	5.62%	-5.17%
Volatility (1Y) Calculated over the trailing 1-year period	0.84%	10.21%	-9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.32%	12.80%	-9.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.81%	12.84%	-8.03%