BSCU vs. IBDV
BSCU (Invesco BulletShares 2030 Corporate Bond ETF) and IBDV (iShares iBonds Dec 2030 Term Corporate ETF) are both Corporate Bonds funds - BSCU tracks the NASDAQ BulletShares USD Corporate Bond 2030 Index while IBDV tracks the Bloomberg December 2030 Maturity Corporate Index. Both are passively managed. Over the past 5 years, BSCU returned 0.66%/yr vs 0.77%/yr for IBDV. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.
Performance
BSCU vs. IBDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSCU achieves a 0.29% return, which is significantly higher than IBDV's 0.25% return.
BSCU
- 1D
- -0.06%
- 1M
- 0.30%
- YTD
- 0.29%
- 6M
- 0.46%
- 1Y
- 4.40%
- 3Y*
- 5.55%
- 5Y*
- 0.66%
- 10Y*
- —
IBDV
- 1D
- -0.16%
- 1M
- 0.26%
- YTD
- 0.25%
- 6M
- 0.39%
- 1Y
- 4.33%
- 3Y*
- 5.61%
- 5Y*
- 0.77%
- 10Y*
- —
BSCU vs. IBDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BSCU Invesco BulletShares 2030 Corporate Bond ETF | 0.29% | 8.24% | 3.12% | 8.66% | -15.08% | -3.02% | 1.43% |
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 0.25% | 8.19% | 3.42% | 8.51% | -14.67% | -2.64% | 1.99% |
Correlation
The correlation between BSCU and IBDV is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2020 | 0.95 |
The correlation between BSCU and IBDV has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSCU vs. IBDV — Risk / Return Rank
BSCU
IBDV
BSCU vs. IBDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and iShares iBonds Dec 2030 Term Corporate ETF (IBDV). 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.
| BSCU | IBDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 2.10 | +0.02 |
| Martin ratioReturn relative to average drawdown | 6.94 | 6.93 | +0.01 |
Loading charts...
Drawdowns
BSCU vs. IBDV - Drawdown Comparison
The maximum BSCU drawdown since its inception was -22.34%, roughly equal to the maximum IBDV drawdown of -21.85%. Use the drawdown chart below to compare losses from any high point for BSCU and IBDV.
Loading charts...
Drawdown Indicators
| BSCU | IBDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.34% | -21.85% | -0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -2.07% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -5.66% | -5.64% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.74% | -21.54% | -0.20% |
Current DrawdownCurrent decline from peak | -0.94% | -0.97% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -7.16% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 0.63% | 0.00% |
Volatility
BSCU vs. IBDV - Volatility Comparison
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and iShares iBonds Dec 2030 Term Corporate ETF (IBDV) have volatilities of 0.89% and 0.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSCU | IBDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 0.87% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.17% | 2.06% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.96% | 2.89% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 6.43% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.45% | 6.25% | +0.20% |
BSCU vs. IBDV - Expense Ratio Comparison
Both BSCU and IBDV 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. IBDV - Dividend Comparison
BSCU's dividend yield for the trailing twelve months is around 5.03%, more than IBDV's 4.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BSCU Invesco BulletShares 2030 Corporate Bond ETF | 5.03% | 4.56% | 4.70% | 4.07% | 3.06% | 1.93% | 0.33% |
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 4.60% | 4.57% | 4.69% | 4.09% | 3.02% | 1.99% | 0.90% |
Frequently Asked Questions
With a correlation of 0.95, BSCU and IBDV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BSCU has higher volatility (0.89%) compared to IBDV (0.87%). In terms of maximum drawdown, BSCU dropped -22.34% vs IBDV's -21.85%.
On 5-year performance, IBDV leads with 0.77% vs 0.66% for BSCU. Both ETFs have the same 0.10% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBDV has performed better with a 0.77% return vs 0.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSCU and IBDV have the same expense ratio: 0.10% per year.
BSCU has the higher dividend yield at 5.03%, compared with 4.60% for IBDV.
BSCU tracks NASDAQ BulletShares USD Corporate Bond 2030 Index, while IBDV tracks Bloomberg December 2030 Maturity Corporate Index. They also come from different issuers: Invesco and iShares.
IBDV currently has the higher Sharpe Ratio (1.51 vs 1.50), 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.
Find the right allocation for BSCU and IBDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer