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BSCS vs. SPBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSCS and SPBO is 0.19, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

BSCS vs. SPBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2028 Corporate Bond ETF (BSCS) and SPDR Portfolio Corporate Bond ETF (SPBO). The values are adjusted to include any dividend payments, if applicable.

16.00%18.00%20.00%22.00%24.00%26.00%28.00%NovemberDecember2025FebruaryMarchApril
27.78%
19.77%
BSCS
SPBO

Key characteristics

Sharpe Ratio

BSCS:

2.56

SPBO:

1.14

Sortino Ratio

BSCS:

3.89

SPBO:

1.62

Omega Ratio

BSCS:

1.51

SPBO:

1.20

Calmar Ratio

BSCS:

0.97

SPBO:

0.57

Martin Ratio

BSCS:

11.27

SPBO:

3.70

Ulcer Index

BSCS:

0.70%

SPBO:

1.93%

Daily Std Dev

BSCS:

3.09%

SPBO:

6.26%

Max Drawdown

BSCS:

-18.42%

SPBO:

-22.04%

Current Drawdown

BSCS:

-0.54%

SPBO:

-5.70%

Returns By Period

In the year-to-date period, BSCS achieves a 2.70% return, which is significantly higher than SPBO's 1.98% return.


BSCS

YTD

2.70%

1M

0.77%

6M

2.73%

1Y

8.29%

5Y*

1.94%

10Y*

N/A

SPBO

YTD

1.98%

1M

0.33%

6M

1.26%

1Y

7.74%

5Y*

0.54%

10Y*

2.32%

*Annualized

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BSCS vs. SPBO - Expense Ratio Comparison

BSCS has a 0.10% expense ratio, which is higher than SPBO's 0.03% 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%.


Expense ratio chart for BSCS: current value is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BSCS: 0.10%
Expense ratio chart for SPBO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPBO: 0.03%

Risk-Adjusted Performance

BSCS vs. SPBO — Risk-Adjusted Performance Rank

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

BSCS
The Risk-Adjusted Performance Rank of BSCS is 9393
Overall Rank
The Sharpe Ratio Rank of BSCS is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BSCS is 9797
Sortino Ratio Rank
The Omega Ratio Rank of BSCS is 9696
Omega Ratio Rank
The Calmar Ratio Rank of BSCS is 8282
Calmar Ratio Rank
The Martin Ratio Rank of BSCS is 9494
Martin Ratio Rank

SPBO
The Risk-Adjusted Performance Rank of SPBO is 7878
Overall Rank
The Sharpe Ratio Rank of SPBO is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of SPBO is 8282
Sortino Ratio Rank
The Omega Ratio Rank of SPBO is 8080
Omega Ratio Rank
The Calmar Ratio Rank of SPBO is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPBO is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSCS vs. SPBO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2028 Corporate Bond ETF (BSCS) and SPDR Portfolio Corporate Bond ETF (SPBO). 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.


The chart of Sharpe ratio for BSCS, currently valued at 2.56, compared to the broader market-1.000.001.002.003.004.00
BSCS: 2.56
SPBO: 1.14
The chart of Sortino ratio for BSCS, currently valued at 3.89, compared to the broader market-2.000.002.004.006.008.00
BSCS: 3.89
SPBO: 1.62
The chart of Omega ratio for BSCS, currently valued at 1.51, compared to the broader market0.501.001.502.002.50
BSCS: 1.51
SPBO: 1.20
The chart of Calmar ratio for BSCS, currently valued at 0.97, compared to the broader market0.002.004.006.008.0010.0012.00
BSCS: 0.97
SPBO: 0.57
The chart of Martin ratio for BSCS, currently valued at 11.27, compared to the broader market0.0020.0040.0060.00
BSCS: 11.27
SPBO: 3.70

The current BSCS Sharpe Ratio is 2.56, which is higher than the SPBO Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of BSCS and SPBO, 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 Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
2.56
1.14
BSCS
SPBO

Dividends

BSCS vs. SPBO - Dividend Comparison

BSCS's dividend yield for the trailing twelve months is around 4.54%, less than SPBO's 5.24% yield.


TTM20242023202220212020201920182017201620152014
BSCS
Invesco BulletShares 2028 Corporate Bond ETF
4.54%4.54%3.90%2.72%2.14%2.71%3.28%1.88%0.00%0.00%0.00%0.00%
SPBO
SPDR Portfolio Corporate Bond ETF
5.24%5.28%4.73%3.54%2.65%2.75%3.46%3.60%3.15%3.09%3.07%3.21%

Drawdowns

BSCS vs. SPBO - Drawdown Comparison

The maximum BSCS drawdown since its inception was -18.42%, smaller than the maximum SPBO drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for BSCS and SPBO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.54%
-5.70%
BSCS
SPBO

Volatility

BSCS vs. SPBO - Volatility Comparison

The current volatility for Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is 1.50%, while SPDR Portfolio Corporate Bond ETF (SPBO) has a volatility of 3.41%. This indicates that BSCS experiences smaller price fluctuations and is considered to be less risky than SPBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
1.50%
3.41%
BSCS
SPBO