BSCU vs. BSCR

Last updated Jun 5, 2026

BSCU (Invesco BulletShares 2030 Corporate Bond ETF) and BSCR (Invesco BulletShares 2027 Corporate Bond ETF) are both Corporate Bonds funds from Invesco - BSCU tracks the NASDAQ BulletShares USD Corporate Bond 2030 Index while BSCR tracks the NASDAQ Bulletshares® USD Corporate Bond 2027 Index. Both are passively managed. Over the past 5 years, BSCU returned 0.85%/yr vs 1.41%/yr for BSCR. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.

Performance

BSCU vs. BSCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCU achieves a 0.35% return, which is significantly lower than BSCR's 1.27% return.

BSCU

• 1D: 0.03%
• 1M: 0.12%
• YTD: 0.35%
• 6M: 0.73%
• 1Y: 4.59%
• 3Y*: 5.57%
• 5Y*: 0.85%
• 10Y*: —

BSCR

• 1D: 0.00%
• 1M: 0.36%
• YTD: 1.27%
• 6M: 1.66%
• 1Y: 4.46%
• 3Y*: 5.23%
• 5Y*: 1.41%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCU vs. BSCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BSCU Invesco BulletShares 2030 Corporate Bond ETF	0.35%	8.24%	3.12%	8.66%	-15.08%	-3.02%	2.07%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	1.27%	5.77%	4.52%	6.41%	-9.56%	-1.72%	1.95%

Correlation

The correlation between BSCU and BSCR is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020	0.88

The correlation between BSCU and BSCR shifts across timeframes, from 0.72 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.

BSCU vs. BSCR - Sectors Allocation Comparison

Sectors	BSCU	BSCR
Healthcare	14.1%	10.4%
Financial Services	12.6%	20.9%
Technology	10.4%	10.1%
Consumer Cyclical	9.7%	12.1%
Energy	8.0%	3.9%
Consumer Defensive	6.5%	5.1%
Industrials	6.4%	6.6%
Utilities	4.1%	3.3%
Real Estate	3.7%	3.0%
Communication Services	3.7%	4.0%
Basic Materials	1.8%	0.9%

Return for Risk

BSCU vs. BSCR — Risk / Return Rank

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

BSCU

BSCU Risk / Return Rank: 46
BSCU Sharpe Ratio Rank: 45
BSCU Sortino Ratio Rank: 49
BSCU Omega Ratio Rank: 45
BSCU Calmar Ratio Rank: 46
BSCU Martin Ratio Rank: 47

BSCR

BSCR Risk / Return Rank: 97
BSCR Sharpe Ratio Rank: 96
BSCR Sortino Ratio Rank: 98
BSCR Omega Ratio Rank: 98
BSCR Calmar Ratio Rank: 97
BSCR Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSCU vs. BSCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). 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.

	BSCU	BSCR	Difference
Sharpe ratio: Return per unit of total volatility	1.56	4.20	-2.63
Sortino ratio: Return per unit of downside risk	2.38	7.83	-5.46
Omega ratio: Gain probability vs. loss probability	1.28	2.10	-0.82
Calmar ratio: Return relative to maximum drawdown	2.22	10.69	-8.47
Martin ratio: Return relative to average drawdown	7.62	46.31	-38.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSCU vs. BSCR - Sharpe Ratio Comparison

The current BSCU Sharpe Ratio is 1.56, which is lower than the BSCR Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of BSCU and BSCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSCU	BSCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	4.20	-2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.35	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.59	-0.53

Drawdowns

BSCU vs. BSCR - Drawdown Comparison

The maximum BSCU drawdown since its inception was -22.34%, which is greater than BSCR's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for BSCU and BSCR.

Drawdown Indicators

	BSCU	BSCR	Difference
Max Drawdown Largest peak-to-trough decline	-22.34%	-17.26%	-5.08%
Max Drawdown (1Y) Largest decline over 1 year	-2.07%	-0.42%	-1.65%
Max Drawdown (3Y) Largest decline over 3 years	-5.66%	-2.41%	-3.25%
Max Drawdown (5Y) Largest decline over 5 years	-21.74%	-14.87%	-6.87%
Current Drawdown Current decline from peak	-0.88%	0.00%	-0.88%
Average Drawdown Average peak-to-trough decline	-8.03%	-3.34%	-4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	0.10%	+0.51%

Volatility

BSCU vs. BSCR - Volatility Comparison

Invesco BulletShares 2030 Corporate Bond ETF (BSCU) has a higher volatility of 0.85% compared to Invesco BulletShares 2027 Corporate Bond ETF (BSCR) at 0.19%. This indicates that BSCU's price experiences larger fluctuations and is considered to be riskier than BSCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSCU	BSCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	0.19%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	2.11%	0.59%	+1.52%
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	1.07%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.61%	4.09%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.47%	5.35%	+1.12%

BSCU vs. BSCR - Expense Ratio Comparison

Both BSCU and BSCR 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%.

Dividends

BSCU vs. BSCR - Dividend Comparison

BSCU's dividend yield for the trailing twelve months is around 4.62%, more than BSCR's 4.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCR Invesco BulletShares 2027 Corporate Bond ETF	4.29%	4.26%	4.27%	3.74%	2.65%	2.12%	2.46%	3.11%	3.35%	0.78%
BSCU Invesco BulletShares 2030 Corporate Bond ETF	4.62%	4.56%	4.70%	4.07%	3.06%	1.93%	0.33%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSCU and BSCR in my portfolio?

BSCU and BSCR have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSCU or BSCR?

BSCU has higher volatility (0.85%) compared to BSCR (0.19%). In terms of maximum drawdown, BSCU dropped -22.34% vs BSCR's -17.26%.

Which ETF is better, BSCU or BSCR?

On 5-year performance, BSCR leads with 1.41% vs 0.85% for BSCU. Both ETFs have the same 0.10% expense ratio. On volatility, BSCR has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSCU or BSCR?

Over the 5-year period, BSCR has performed better with a 1.41% return vs 0.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSCU or BSCR?

BSCU and BSCR have the same expense ratio: 0.10% per year.

Which ETF pays a higher dividend yield, BSCU or BSCR?

BSCU has the higher dividend yield at 4.62%, compared with 4.29% for BSCR.

What is the main difference between BSCU and BSCR?

BSCU tracks NASDAQ BulletShares USD Corporate Bond 2030 Index, while BSCR tracks NASDAQ Bulletshares® USD Corporate Bond 2027 Index.

Which has better risk-adjusted returns?

BSCR currently has the higher Sharpe Ratio (4.20 vs 1.56), 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.