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BSCU vs. RSP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BSCU vs. RSP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Invesco S&P 500 Equal Weight ETF (RSP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BSCU achieves a 0.32% return, which is significantly lower than RSP's 9.70% return.


BSCU

1D
-0.09%
1M
0.18%
YTD
0.32%
6M
0.52%
1Y
5.00%
3Y*
5.53%
5Y*
0.84%
10Y*

RSP

1D
-0.38%
1M
3.77%
YTD
9.70%
6M
10.18%
1Y
19.50%
3Y*
15.23%
5Y*
8.33%
10Y*
11.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCU vs. RSP - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
BSCU
Invesco BulletShares 2030 Corporate Bond ETF
0.32%8.24%3.12%8.66%-15.08%-3.02%2.07%
RSP
Invesco S&P 500 Equal Weight ETF
9.70%11.21%12.79%13.70%-11.62%29.41%15.67%

Correlation

The correlation between BSCU and RSP is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.33

Correlation (5Y)
Calculated over the trailing 5-year period

0.28

Correlation (All Time)
Calculated using the full available price history since Sep 18, 2020

0.26

The correlation between BSCU and RSP shifts across timeframes, from 0.26 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

BSCU vs. RSP - Sectors Allocation Comparison


Sectors
BSCU
RSP

Healthcare

14.1%
11.0%

Financial Services

12.6%
14.5%

Technology

10.4%
19.6%

Consumer Cyclical

9.7%
9.9%

Energy

8.0%
4.5%

Consumer Defensive

6.5%
6.5%

Industrials

6.4%
14.1%

Utilities

4.1%
6.1%

Real Estate

3.7%
6.0%

Communication Services

3.7%
3.7%

Basic Materials

1.8%
4.1%

Healthcare

BSCU
14.1%
RSP
11.0%

Financial Services

BSCU
12.6%
RSP
14.5%

Technology

BSCU
10.4%
RSP
19.6%

Consumer Cyclical

BSCU
9.7%
RSP
9.9%

Energy

BSCU
8.0%
RSP
4.5%

Consumer Defensive

BSCU
6.5%
RSP
6.5%

Industrials

BSCU
6.4%
RSP
14.1%

Utilities

BSCU
4.1%
RSP
6.1%

Real Estate

BSCU
3.7%
RSP
6.0%

Communication Services

BSCU
3.7%
RSP
3.7%

Basic Materials

BSCU
1.8%
RSP
4.1%

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Return for Risk

BSCU vs. RSP — Risk / Return Rank

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

BSCU
BSCU Risk / Return Rank: 5050
Overall Rank
BSCU Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
BSCU Sortino Ratio Rank: 5353
Sortino Ratio Rank
BSCU Omega Ratio Rank: 4848
Omega Ratio Rank
BSCU Calmar Ratio Rank: 4848
Calmar Ratio Rank
BSCU Martin Ratio Rank: 5050
Martin Ratio Rank

RSP
RSP Risk / Return Rank: 4949
Overall Rank
RSP Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
RSP Sortino Ratio Rank: 4949
Sortino Ratio Rank
RSP Omega Ratio Rank: 4646
Omega Ratio Rank
RSP Calmar Ratio Rank: 5050
Calmar Ratio Rank
RSP Martin Ratio Rank: 5454
Martin Ratio Rank
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. RSP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) and Invesco S&P 500 Equal Weight ETF (RSP). 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.


BSCURSPDifference
Sharpe ratioReturn per unit of total volatility

-0.01

Sortino ratioReturn per unit of downside risk

+0.11

Omega ratioGain probability vs. loss probability

1.31

1.30

+0.01

Calmar ratioReturn relative to maximum drawdown

2.42

2.49

-0.07

Martin ratioReturn relative to average drawdown

8.29

9.48

-1.18

BSCU vs. RSP - Sharpe Ratio Comparison

The current BSCU Sharpe Ratio is 1.69, which is comparable to the RSP Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of BSCU and RSP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


BSCURSPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.69

1.70

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.52

-0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.57

-0.51

Drawdowns

BSCU vs. RSP - Drawdown Comparison

The maximum BSCU drawdown since its inception was -22.34%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for BSCU and RSP.


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Drawdown Indicators


BSCURSPDifference

Max Drawdown

Largest peak-to-trough decline

-22.34%

-59.92%

+37.58%

Max Drawdown (1Y)

Largest decline over 1 year

-2.07%

-7.85%

+5.78%

Max Drawdown (3Y)

Largest decline over 3 years

-5.66%

-17.81%

+12.15%

Max Drawdown (5Y)

Largest decline over 5 years

-21.74%

-21.38%

-0.36%

Max Drawdown (10Y)

Largest decline over 10 years

-39.04%

Current Drawdown

Current decline from peak

-0.91%

-0.38%

-0.53%

Average Drawdown

Average peak-to-trough decline

-8.04%

-6.65%

-1.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.60%

2.06%

-1.46%

Volatility

BSCU vs. RSP - Volatility Comparison

The current volatility for Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is 0.85%, while Invesco S&P 500 Equal Weight ETF (RSP) has a volatility of 2.56%. This indicates that BSCU experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BSCURSPDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.85%

2.56%

-1.71%

Volatility (6M)

Calculated over the trailing 6-month period

2.11%

8.29%

-6.18%

Volatility (1Y)

Calculated over the trailing 1-year period

2.97%

11.56%

-8.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.62%

16.18%

-9.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.47%

18.35%

-11.88%

BSCU vs. RSP - Expense Ratio Comparison

BSCU has a 0.10% expense ratio, which is lower than RSP's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

BSCU vs. RSP - Dividend Comparison

BSCU's dividend yield for the trailing twelve months is around 4.62%, more than RSP's 1.49% yield.


PositionTTM20252024202320222021202020192018201720162015
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%0.00%0.00%
RSP
Invesco S&P 500 Equal Weight ETF
1.49%1.64%1.52%1.64%1.82%1.28%1.64%1.69%2.02%1.52%1.20%1.70%

Frequently Asked Questions


BSCU and RSP have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RSP has higher volatility (2.56%) compared to BSCU (0.85%). In terms of maximum drawdown, BSCU dropped -22.34% vs RSP's -59.92%.

On 5-year performance, RSP leads with 8.33% vs 0.84% for BSCU. On fees, BSCU is cheaper at 0.10% per year. On volatility, BSCU has been the lower-risk option at 0.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, RSP has performed better with a 8.33% return vs 0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BSCU is cheaper with a 0.10% expense ratio, compared with 0.20% for RSP.

BSCU has the higher dividend yield at 4.62%, compared with 1.49% for RSP.

BSCU is categorized as Corporate Bonds, while RSP is S&P 500. BSCU tracks NASDAQ BulletShares USD Corporate Bond 2030 Index, while RSP tracks S&P 500 Equal Weight Index. Their fees differ too: 0.10% for BSCU and 0.20% for RSP.

RSP currently has the higher Sharpe Ratio (1.70 vs 1.69), 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.

Portfolio Optimizer

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