BSCR vs. IBDS
Compare and contrast key facts about Invesco BulletShares 2027 Corporate Bond ETF (BSCR) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS).
BSCR and IBDS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCR is a passively managed fund by Invesco that tracks the performance of the NASDAQ Bulletshares® USD Corporate Bond 2027 Index. It was launched on Sep 27, 2017. IBDS is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays December 2027 Maturity Corporate Index. It was launched on Sep 14, 2017. Both BSCR and IBDS 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: BSCR or IBDS.
Key characteristics
| BSCR | IBDS | |
|---|---|---|
| YTD Return | 1.73% | 1.81% |
| 1Y Return | -0.92% | -0.98% |
| 5Y Return (Ann) | 2.89% | 2.85% |
| 10Y Return (Ann) | 2.05% | 1.94% |
| Sharpe Ratio | -0.09 | -0.11 |
| Daily Std Dev | 6.52% | 6.77% |
| Max Drawdown | -17.26% | -16.75% |
Correlation
The correlation between BSCR and IBDS is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BSCR vs. IBDS - Performance Comparison
The year-to-date returns for both investments are quite close, with BSCR having a 1.73% return and IBDS slightly higher at 1.81%. Over the past 10 years, BSCR has outperformed IBDS with an annualized return of 2.05%, while IBDS has yielded a comparatively lower 1.94% annualized 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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BSCR vs. IBDS - Dividend Comparison
BSCR's dividend yield for the trailing twelve months is around 4.13%, more than IBDS's 3.82% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
BSCR Invesco BulletShares 2027 Corporate Bond ETF | 4.13% | 2.65% | 2.18% | 2.61% | 3.68% | 3.77% | 0.91% |
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 3.82% | 2.62% | 2.28% | 2.82% | 3.62% | 4.13% | 1.13% |
BSCR vs. IBDS - Expense Ratio Comparison
BSCR vs. IBDS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 Corporate Bond ETF (BSCR) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BSCR Invesco BulletShares 2027 Corporate Bond ETF | -0.09 | ||||
IBDS iShares iBonds Dec 2027 Term Corporate ETF | -0.11 |
BSCR vs. IBDS - Drawdown Comparison
The maximum BSCR drawdown for the period was -11.60%, roughly equal to the maximum IBDS drawdown of -11.69%. The drawdown chart below compares losses from any high point along the way for BSCR and IBDS
BSCR vs. IBDS - Volatility Comparison
The current volatility for Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is 1.28%, while iShares iBonds Dec 2027 Term Corporate ETF (IBDS) has a volatility of 1.43%. This indicates that BSCR experiences smaller price fluctuations and is considered to be less risky than IBDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.