BSCU vs. BND
Compare and contrast key facts about Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Vanguard Total Bond Market ETF (BND).
BSCU and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCU is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2030 Index. It was launched on Sep 16, 2020. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both BSCU and BND 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: BSCU or BND.
Key characteristics
| BSCU | BND | |
|---|---|---|
| YTD Return | 2.94% | 1.59% |
| 1Y Return | 10.24% | 7.87% |
| 3Y Return (Ann) | -1.69% | -2.37% |
| Sharpe Ratio | 1.87 | 1.34 |
| Sortino Ratio | 2.85 | 1.98 |
| Omega Ratio | 1.34 | 1.24 |
| Calmar Ratio | 0.62 | 0.50 |
| Martin Ratio | 8.01 | 4.75 |
| Ulcer Index | 1.28% | 1.65% |
| Daily Std Dev | 5.47% | 5.84% |
| Max Drawdown | -22.34% | -18.84% |
| Current Drawdown | -7.89% | -9.17% |
Correlation
The correlation between BSCU and BND is 0.93, 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.
Performance
BSCU vs. BND - Performance Comparison
In the year-to-date period, BSCU achieves a 2.94% return, which is significantly higher than BND's 1.59% 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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BSCU vs. BND - Expense Ratio Comparison
BSCU has a 0.10% expense ratio, which is higher than BND'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%.
Risk-Adjusted Performance
BSCU vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
BSCU vs. BND - Dividend Comparison
BSCU's dividend yield for the trailing twelve months is around 4.63%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCU Invesco BulletShares 2030 Corporate Bond ETF | 4.63% | 4.08% | 3.06% | 1.94% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
BSCU vs. BND - Drawdown Comparison
The maximum BSCU drawdown since its inception was -22.34%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BSCU and BND. For additional features, visit the drawdowns tool.
Volatility
BSCU vs. BND - Volatility Comparison
The current volatility for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is 1.47%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.77%. This indicates that BSCU experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.