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BSCT vs. IBDT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSCT and IBDT 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.


Performance

BSCT vs. IBDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and iShares iBonds Dec 2028 Term Corporate ETF (IBDT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BSCT:

1.76

IBDT:

2.29

Sortino Ratio

BSCT:

2.56

IBDT:

3.43

Omega Ratio

BSCT:

1.33

IBDT:

1.45

Calmar Ratio

BSCT:

0.79

IBDT:

0.97

Martin Ratio

BSCT:

6.65

IBDT:

10.28

Ulcer Index

BSCT:

1.03%

IBDT:

0.67%

Daily Std Dev

BSCT:

3.93%

IBDT:

3.02%

Max Drawdown

BSCT:

-19.14%

IBDT:

-17.79%

Current Drawdown

BSCT:

-1.85%

IBDT:

-0.41%

Returns By Period

The year-to-date returns for both investments are quite close, with BSCT having a 2.50% return and IBDT slightly higher at 2.60%.


BSCT

YTD

2.50%

1M

1.48%

6M

2.44%

1Y

7.06%

5Y*

1.61%

10Y*

N/A

IBDT

YTD

2.60%

1M

1.03%

6M

2.58%

1Y

7.08%

5Y*

1.97%

10Y*

N/A

*Annualized

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BSCT vs. IBDT - Expense Ratio Comparison

Both BSCT and IBDT 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%.


Risk-Adjusted Performance

BSCT vs. IBDT — Risk-Adjusted Performance Rank

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

BSCT
The Risk-Adjusted Performance Rank of BSCT is 8989
Overall Rank
The Sharpe Ratio Rank of BSCT is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BSCT is 9494
Sortino Ratio Rank
The Omega Ratio Rank of BSCT is 9292
Omega Ratio Rank
The Calmar Ratio Rank of BSCT is 7878
Calmar Ratio Rank
The Martin Ratio Rank of BSCT is 8989
Martin Ratio Rank

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

BSCT vs. IBDT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and iShares iBonds Dec 2028 Term Corporate ETF (IBDT). 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 current BSCT Sharpe Ratio is 1.76, which is comparable to the IBDT Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of BSCT and IBDT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BSCT vs. IBDT - Dividend Comparison

BSCT's dividend yield for the trailing twelve months is around 4.56%, less than IBDT's 4.62% yield.


TTM2024202320222021202020192018
BSCT
Invesco BulletShares 2029 Corporate Bond ETF
4.56%4.51%3.89%2.65%1.94%2.24%0.86%0.00%
IBDT
iShares iBonds Dec 2028 Term Corporate ETF
4.62%4.67%4.10%3.25%2.45%2.80%3.32%1.47%

Drawdowns

BSCT vs. IBDT - Drawdown Comparison

The maximum BSCT drawdown since its inception was -19.14%, which is greater than IBDT's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for BSCT and IBDT. For additional features, visit the drawdowns tool.


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Volatility

BSCT vs. IBDT - Volatility Comparison

Invesco BulletShares 2029 Corporate Bond ETF (BSCT) has a higher volatility of 1.47% compared to iShares iBonds Dec 2028 Term Corporate ETF (IBDT) at 0.92%. This indicates that BSCT's price experiences larger fluctuations and is considered to be riskier than IBDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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