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BSCV vs. VCLT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BSCV vs. VCLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Vanguard Long-Term Corporate Bond ETF (VCLT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BSCV achieves a 0.13% return, which is significantly lower than VCLT's 0.99% return.


BSCV

1D
-0.09%
1M
0.19%
YTD
0.13%
6M
0.29%
1Y
5.33%
3Y*
5.70%
5Y*
10Y*

VCLT

1D
-0.35%
1M
1.49%
YTD
0.99%
6M
-0.04%
1Y
7.69%
3Y*
4.34%
5Y*
-1.78%
10Y*
2.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCV vs. VCLT - Yearly Performance Comparison


2026 (YTD)20252024202320222021
BSCV
Invesco BulletShares 2031 Corporate Bond ETF
0.13%9.04%2.62%9.16%-16.90%-1.62%
VCLT
Vanguard Long-Term Corporate Bond ETF
0.99%7.18%-1.90%11.17%-25.50%-1.89%

Correlation

The correlation between BSCV and VCLT is 0.84, 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

0.84

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

0.91

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2021

0.91

The correlation between BSCV and VCLT has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

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Return for Risk

BSCV vs. VCLT — Risk / Return Rank

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

BSCV
BSCV Risk / Return Rank: 4545
Overall Rank
BSCV Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
BSCV Sortino Ratio Rank: 4848
Sortino Ratio Rank
BSCV Omega Ratio Rank: 4444
Omega Ratio Rank
BSCV Calmar Ratio Rank: 4444
Calmar Ratio Rank
BSCV Martin Ratio Rank: 4444
Martin Ratio Rank

VCLT
VCLT Risk / Return Rank: 2727
Overall Rank
VCLT Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
VCLT Sortino Ratio Rank: 2626
Sortino Ratio Rank
VCLT Omega Ratio Rank: 2525
Omega Ratio Rank
VCLT Calmar Ratio Rank: 3030
Calmar Ratio Rank
VCLT Martin Ratio Rank: 2626
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.

BSCV vs. VCLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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.


BSCVVCLTDifference
Sharpe ratioReturn per unit of total volatility

+0.58

Sortino ratioReturn per unit of downside risk

+0.95

Omega ratioGain probability vs. loss probability

1.28

1.17

+0.11

Calmar ratioReturn relative to maximum drawdown

2.17

1.47

+0.70

Martin ratioReturn relative to average drawdown

7.18

3.62

+3.55

BSCV vs. VCLT - Sharpe Ratio Comparison

The current BSCV Sharpe Ratio is 1.55, which is higher than the VCLT Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of BSCV and VCLT, 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


BSCVVCLTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.55

0.97

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.00

0.39

-0.39

Drawdowns

BSCV vs. VCLT - Drawdown Comparison

The maximum BSCV drawdown since its inception was -23.28%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for BSCV and VCLT.


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Drawdown Indicators


BSCVVCLTDifference

Max Drawdown

Largest peak-to-trough decline

-23.28%

-34.31%

+11.03%

Max Drawdown (1Y)

Largest decline over 1 year

-2.47%

-5.25%

+2.78%

Max Drawdown (3Y)

Largest decline over 3 years

-6.75%

-13.03%

+6.28%

Max Drawdown (5Y)

Largest decline over 5 years

-34.31%

Max Drawdown (10Y)

Largest decline over 10 years

-34.31%

Current Drawdown

Current decline from peak

-1.19%

-14.36%

+13.17%

Average Drawdown

Average peak-to-trough decline

-9.56%

-8.16%

-1.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.74%

2.13%

-1.39%

Volatility

BSCV vs. VCLT - Volatility Comparison

The current volatility for Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is 1.02%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 2.31%. This indicates that BSCV experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BSCVVCLTDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.02%

2.31%

-1.29%

Volatility (6M)

Calculated over the trailing 6-month period

2.44%

5.75%

-3.31%

Volatility (1Y)

Calculated over the trailing 1-year period

3.44%

7.92%

-4.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.36%

12.78%

-5.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.36%

12.84%

-5.48%

BSCV vs. VCLT - Expense Ratio Comparison

BSCV has a 0.10% expense ratio, which is higher than VCLT's 0.04% 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. VCLT - Dividend Comparison

BSCV's dividend yield for the trailing twelve months is around 4.69%, less than VCLT's 5.55% yield.


PositionTTM20252024202320222021202020192018201720162015
BSCV
Invesco BulletShares 2031 Corporate Bond ETF
4.69%4.65%4.87%4.47%3.43%0.57%0.00%0.00%0.00%0.00%0.00%0.00%
VCLT
Vanguard Long-Term Corporate Bond ETF
5.55%5.51%5.19%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%

Frequently Asked Questions


BSCV and VCLT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VCLT has higher volatility (2.31%) compared to BSCV (1.02%). In terms of maximum drawdown, BSCV dropped -23.28% vs VCLT's -34.31%.

On 3-year performance, BSCV leads with 5.70% vs 4.34% for VCLT. On fees, VCLT is cheaper at 0.04% per year. On volatility, BSCV has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, BSCV has performed better with a 5.70% return vs 4.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VCLT is cheaper with a 0.04% expense ratio, compared with 0.10% for BSCV.

VCLT has the higher dividend yield at 5.55%, compared with 4.69% for BSCV.

BSCV tracks Invesco BulletShares Corporate Bond 2031 Index, while VCLT tracks Barclays U.S. 10+ Year Corporate Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.10% for BSCV and 0.04% for VCLT.

BSCV currently has the higher Sharpe Ratio (1.55 vs 0.97), 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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