BSCS vs. SCHD
BSCS (Invesco BulletShares 2028 Corporate Bond ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - BSCS is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2028 TR Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, BSCS returned 1.07%/yr vs 9.54%/yr for SCHD. Their 0.13 correlation means their historical movements had little consistent relationship. BSCS charges 0.10%/yr vs 0.06%/yr for SCHD.
Performance
BSCS vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, BSCS achieves a 1.16% return, which is significantly lower than SCHD's 24.03% return.
BSCS
- 1D
- -0.05%
- 1M
- 0.03%
- 6M
- 0.79%
- YTD
- 1.16%
- 1Y
- 3.41%
- 3Y*
- 5.60%
- 5Y*
- 1.07%
- 10Y*
- —
- ALL TIME*
- 3.70%
SCHD
- 1D
- 0.18%
- 1M
- 3.33%
- 6M
- 14.09%
- YTD
- 24.03%
- 1Y
- 31.54%
- 3Y*
- 14.19%
- 5Y*
- 9.54%
- 10Y*
- 12.76%
- ALL TIME*
- 13.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.44M | $10.96M | $10.54M | |
| $786.88M | $715.86M | $685.58M |
BSCS vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BSCS Invesco BulletShares 2028 Corporate Bond ETF | 1.16% | 7.04% | 3.87% | 7.62% | -11.24% | -1.89% | 10.17% | 15.41% | -0.30% |
SCHD Schwab U.S. Dividend Equity ETF | 24.03% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -8.18% |
Correlation
The correlation between BSCS and SCHD is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2018 | 0.13 |
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Return for Risk
BSCS vs. SCHD — Risk / Return Rank
BSCS
SCHD
BSCS vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2028 Corporate Bond ETF (BSCS) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSCS | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.51 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 6.74 | -3.00 |
| Martin ratioReturn relative to average drawdown | 16.19 | 17.01 | -0.82 |
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Drawdowns
BSCS vs. SCHD - Drawdown Comparison
The maximum BSCS drawdown since its inception was -18.40%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BSCS and SCHD.
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Drawdown Indicators
| BSCS | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.40% | -33.37% | +14.97% |
Max Drawdown (1Y)Largest decline over 1 year | -1.08% | -4.61% | +3.53% |
Max Drawdown (3Y)Largest decline over 3 years | -2.84% | -16.13% | +13.29% |
Max Drawdown (5Y)Largest decline over 5 years | -17.25% | -16.85% | -0.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.37% | — |
Current DrawdownCurrent decline from peak | -0.05% | -1.24% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -3.30% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 1.82% | -1.57% |
Volatility
BSCS vs. SCHD - Volatility Comparison
The current volatility for Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is 0.46%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 4.11%. This indicates that BSCS experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSCS | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 4.11% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 1.14% | 8.11% | -6.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.60% | 11.13% | -9.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.89% | 14.39% | -9.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.18% | 16.72% | -10.54% |
BSCS vs. SCHD - Expense Ratio Comparison
BSCS has a 0.10% expense ratio, which is higher than SCHD's 0.06% 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%.
Dividends
BSCS vs. SCHD - Dividend Comparison
BSCS's dividend yield for the trailing twelve months is around 4.45%, more than SCHD's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCS Invesco BulletShares 2028 Corporate Bond ETF | 4.45% | 4.46% | 4.54% | 3.90% | 2.72% | 2.14% | 2.50% | 3.04% | 1.42% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.13% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
BSCS and SCHD have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHD has higher volatility (4.11%) compared to BSCS (0.46%). In terms of maximum drawdown, BSCS dropped -18.40% vs SCHD's -33.37%.
On 5-year performance, SCHD leads with 9.54% vs 1.07% for BSCS. On fees, SCHD is cheaper at 0.06% per year. On volatility, BSCS has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHD has performed better with a 9.54% return vs 1.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.10% for BSCS.
BSCS has the higher dividend yield at 4.45%, compared with 3.13% for SCHD.
BSCS is categorized as Corporate Bonds, while SCHD is Dividend. BSCS tracks NASDAQ BulletShares USD Corporate Bond 2028 TR Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Invesco and Charles Schwab. Their fees differ too: 0.10% for BSCS and 0.06% for SCHD.
SCHD currently has the higher Sharpe Ratio (2.81 vs 2.52), 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.
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