BSCR vs. BSCQ

Last updated Jun 5, 2026

BSCR (Invesco BulletShares 2027 Corporate Bond ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds from Invesco - BSCR tracks the NASDAQ Bulletshares® USD Corporate Bond 2027 Index while BSCQ tracks the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. Over the past 5 years, BSCR returned 1.41%/yr vs 1.47%/yr for BSCQ. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.

Performance

BSCR vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2027 Corporate Bond ETF (BSCR) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCR achieves a 1.27% return, which is significantly lower than BSCQ's 1.55% return.

BSCR

• 1D: 0.00%
• 1M: 0.36%
• YTD: 1.27%
• 6M: 1.66%
• 1Y: 4.46%
• 3Y*: 5.23%
• 5Y*: 1.41%
• 10Y*: —

BSCQ

• 1D: 0.00%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.92%
• 1Y: 4.39%
• 3Y*: 5.05%
• 5Y*: 1.47%
• 10Y*: —

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

BSCR vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCR Invesco BulletShares 2027 Corporate Bond ETF	1.27%	5.77%	4.52%	6.41%	-9.56%	-1.72%	9.68%	14.88%	-2.63%	0.81%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.55%	5.02%	4.86%	5.71%	-8.31%	-1.68%	9.41%	13.94%	-2.40%	0.53%

Correlation

The correlation between BSCR and BSCQ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017	0.81

Over the past year, the correlation between BSCR and BSCQ has dropped to 0.25 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

BSCR vs. BSCQ - Sectors Allocation Comparison

Sectors	BSCR	BSCQ
Financial Services	20.9%	32.7%
Consumer Cyclical	12.1%	6.1%
Healthcare	10.4%	7.4%
Technology	10.1%	10.8%
Industrials	6.6%	6.0%
Consumer Defensive	5.1%	3.9%
Communication Services	4.0%	1.5%
Energy	3.9%	3.0%
Utilities	3.3%	3.5%
Real Estate	3.0%	2.9%
Basic Materials	0.9%	0.5%

Return for Risk

BSCR vs. BSCQ — Risk / Return Rank

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

BSCR

BSCR Risk / Return Rank: 97
BSCR Sharpe Ratio Rank: 96
BSCR Sortino Ratio Rank: 98
BSCR Omega Ratio Rank: 98
BSCR Calmar Ratio Rank: 97
BSCR Martin Ratio Rank: 97

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

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.

BSCR vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 Corporate Bond ETF (BSCR) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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.

	BSCR	BSCQ	Difference
Sharpe ratio: Return per unit of total volatility	4.20	7.01	-2.82
Sortino ratio: Return per unit of downside risk	7.83	15.13	-7.30
Omega ratio: Gain probability vs. loss probability	2.10	3.43	-1.33
Calmar ratio: Return relative to maximum drawdown	10.69	42.97	-32.28
Martin ratio: Return relative to average drawdown	46.31	178.56	-132.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSCR vs. BSCQ - Sharpe Ratio Comparison

The current BSCR Sharpe Ratio is 4.20, which is lower than the BSCQ Sharpe Ratio of 7.01. The chart below compares the historical Sharpe Ratios of BSCR and BSCQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSCR	BSCQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.20	7.01	-2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.45	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.60	-0.01

Drawdowns

BSCR vs. BSCQ - Drawdown Comparison

The maximum BSCR drawdown since its inception was -17.26%, roughly equal to the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for BSCR and BSCQ.

Drawdown Indicators

	BSCR	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-17.26%	-16.50%	-0.76%
Max Drawdown (1Y) Largest decline over 1 year	-0.42%	-0.10%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-2.41%	-1.13%	-1.28%
Max Drawdown (5Y) Largest decline over 5 years	-14.87%	-13.02%	-1.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.34%	-2.85%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.10%	0.02%	+0.08%

Volatility

BSCR vs. BSCQ - Volatility Comparison

Invesco BulletShares 2027 Corporate Bond ETF (BSCR) has a higher volatility of 0.19% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.17%. This indicates that BSCR's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSCR	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.19%	0.17%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	0.59%	0.43%	+0.16%
Volatility (1Y) Calculated over the trailing 1-year period	1.07%	0.63%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.09%	3.30%	+0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.35%	4.77%	+0.58%

BSCR vs. BSCQ - Expense Ratio Comparison

Both BSCR and BSCQ have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BSCR vs. BSCQ - Dividend Comparison

BSCR's dividend yield for the trailing twelve months is around 4.29%, more than BSCQ's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.12%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	4.29%	4.26%	4.27%	3.74%	2.65%	2.12%	2.46%	3.11%	3.35%	0.78%	0.00%

Frequently Asked Questions

Can I hold both BSCR and BSCQ in my portfolio?

BSCR and BSCQ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSCR or BSCQ?

BSCR has higher volatility (0.19%) compared to BSCQ (0.17%). In terms of maximum drawdown, BSCR dropped -17.26% vs BSCQ's -16.50%.

Which ETF is better, BSCR or BSCQ?

On 5-year performance, BSCQ leads with 1.47% vs 1.41% for BSCR. Both ETFs have the same 0.10% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSCR or BSCQ?

Over the 5-year period, BSCQ has performed better with a 1.47% return vs 1.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSCR or BSCQ?

BSCR and BSCQ have the same expense ratio: 0.10% per year.

Which ETF pays a higher dividend yield, BSCR or BSCQ?

BSCR has the higher dividend yield at 4.29%, compared with 4.12% for BSCQ.

What is the main difference between BSCR and BSCQ?

BSCR tracks NASDAQ Bulletshares® USD Corporate Bond 2027 Index, while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index.

Which has better risk-adjusted returns?

BSCQ currently has the higher Sharpe Ratio (7.01 vs 4.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.