BSCV vs. FIBUX

Last updated Jun 18, 2026

BSCV (Invesco BulletShares 2031 Corporate Bond ETF) and FIBUX (Fidelity Flex U.S. Bond Index Fund) are both funds - BSCV is a Corporate Bonds fund tracking the Invesco BulletShares Corporate Bond 2031 Index, while FIBUX is a Total Bond Market fund managed by Fidelity. Over the past 3 years, BSCV returned 5.70%/yr vs 4.08%/yr for FIBUX. Their correlation of 0.89 suggests significant overlap in exposure. BSCV charges 0.10%/yr vs 0.00%/yr for FIBUX.

Performance

BSCV vs. FIBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Fidelity Flex U.S. Bond Index Fund (FIBUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCV achieves a -0.09% return, which is significantly lower than FIBUX's 0.57% return.

BSCV

• 1D: -0.52%
• 1M: 0.43%
• YTD: -0.09%
• 6M: 0.26%
• 1Y: 4.69%
• 3Y*: 5.70%
• 5Y*: —
• 10Y*: —

FIBUX

• 1D: 0.11%
• 1M: 1.35%
• YTD: 0.57%
• 6M: 0.91%
• 1Y: 4.93%
• 3Y*: 4.08%
• 5Y*: 0.00%
• 10Y*: —

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

BSCV vs. FIBUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BSCV Invesco BulletShares 2031 Corporate Bond ETF	-0.09%	9.04%	2.62%	9.16%	-16.90%	-1.46%
FIBUX Fidelity Flex U.S. Bond Index Fund	0.57%	7.20%	1.31%	5.46%	-13.41%	-1.18%

Correlation

The correlation between BSCV and FIBUX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.89

The correlation between BSCV and FIBUX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

BSCV vs. FIBUX — Risk / Return Rank

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

BSCV

BSCV Risk / Return Rank: 41
BSCV Sharpe Ratio Rank: 41
BSCV Sortino Ratio Rank: 44
BSCV Omega Ratio Rank: 40
BSCV Calmar Ratio Rank: 40
BSCV Martin Ratio Rank: 40

FIBUX

FIBUX Risk / Return Rank: 24
FIBUX Sharpe Ratio Rank: 24
FIBUX Sortino Ratio Rank: 26
FIBUX Omega Ratio Rank: 24
FIBUX Calmar Ratio Rank: 25
FIBUX Martin Ratio Rank: 21

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.

BSCV vs. FIBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Fidelity Flex U.S. Bond Index Fund (FIBUX). 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.

	BSCV	FIBUX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.35	+0.03
Sortino ratio: Return per unit of downside risk	2.10	2.02	+0.07
Omega ratio: Gain probability vs. loss probability	1.25	1.24	+0.01
Calmar ratio: Return relative to maximum drawdown	1.91	1.79	+0.12
Martin ratio: Return relative to average drawdown	6.03	5.06	+0.96

BSCV vs. FIBUX - Sharpe Ratio Comparison

The current BSCV Sharpe Ratio is 1.38, which is comparable to the FIBUX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of BSCV and FIBUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BSCV vs. FIBUX - Drawdown Comparison

The maximum BSCV drawdown since its inception was -23.28%, which is greater than FIBUX's maximum drawdown of -19.76%. Use the drawdown chart below to compare losses from any high point for BSCV and FIBUX.

Drawdown Indicators

	BSCV	FIBUX	Difference
Max Drawdown Largest peak-to-trough decline	-23.28%	-19.76%	-3.52%
Max Drawdown (1Y) Largest decline over 1 year	-2.47%	-2.97%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-6.75%	-6.09%	-0.66%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.40%	—
Current Drawdown Current decline from peak	-1.40%	-3.33%	+1.93%
Average Drawdown Average peak-to-trough decline	-9.48%	-5.78%	-3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	1.05%	-0.27%

Volatility

BSCV vs. FIBUX - Volatility Comparison

Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Fidelity Flex U.S. Bond Index Fund (FIBUX) have volatilities of 1.15% and 1.15%, 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.

Volatility by Period

	BSCV	FIBUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	1.15%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.54%	2.87%	-0.33%
Volatility (1Y) Calculated over the trailing 1-year period	3.41%	3.94%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.34%	6.04%	+1.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.34%	5.11%	+2.23%

BSCV vs. FIBUX - Expense Ratio Comparison

BSCV has a 0.10% expense ratio, which is higher than FIBUX's 0.00% 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%.

Dividends

BSCV vs. FIBUX - Dividend Comparison

BSCV's dividend yield for the trailing twelve months is around 4.70%, more than FIBUX's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCV Invesco BulletShares 2031 Corporate Bond ETF	4.70%	4.65%	4.87%	4.47%	3.43%	0.57%	0.00%	0.00%	0.00%	0.00%
FIBUX Fidelity Flex U.S. Bond Index Fund	4.07%	3.95%	3.65%	2.93%	1.62%	1.18%	2.32%	2.96%	2.70%	2.45%

Frequently Asked Questions

Can I hold both BSCV and FIBUX in my portfolio?

BSCV and FIBUX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSCV or FIBUX?

FIBUX has higher volatility (1.15%) compared to BSCV (1.15%). In terms of maximum drawdown, BSCV dropped -23.28% vs FIBUX's -19.76%.

Which has better risk-adjusted returns?

BSCV currently has the higher Sharpe Ratio (1.38 vs 1.35), 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.