BSCW vs. QCON

Last updated Jun 4, 2026

BSCW (Invesco BulletShares 2032 Corporate Bond ETF) and QCON (American Century Quality Convertible Securities ETF) are both Corporate Bonds funds. BSCW is passively managed, while QCON is actively managed. BSCW charges 0.10%/yr vs 0.32%/yr for QCON.

Performance

BSCW vs. QCON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2032 Corporate Bond ETF (BSCW) and American Century Quality Convertible Securities ETF (QCON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSCW

• 1D: -0.17%
• 1M: 0.17%
• YTD: 0.16%
• 6M: 0.15%
• 1Y: 5.82%
• 3Y*: 5.57%
• 5Y*: —
• 10Y*: —

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSCW vs. QCON - Yearly Performance Comparison

	2026 (YTD)
BSCW Invesco BulletShares 2032 Corporate Bond ETF	-0.43%
QCON American Century Quality Convertible Securities ETF	0.00%

BSCW vs. QCON - Sectors Allocation Comparison

Sectors	BSCW	QCON
Technology	12.4%	-
Financial Services	10.6%	7.9%
Healthcare	10.4%	-
Consumer Cyclical	9.5%	-
Communication Services	8.8%	-
Consumer Defensive	6.3%	-
Industrials	5.9%	1.0%
Real Estate	4.8%	-
Energy	4.6%	-
Utilities	3.7%	1.5%
Basic Materials	2.3%	-

Return for Risk

BSCW vs. QCON — Risk / Return Rank

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

BSCW

BSCW Risk / Return Rank: 44
BSCW Sharpe Ratio Rank: 44
BSCW Sortino Ratio Rank: 46
BSCW Omega Ratio Rank: 42
BSCW Calmar Ratio Rank: 43
BSCW Martin Ratio Rank: 43

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.

BSCW vs. QCON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) and American Century Quality Convertible Securities ETF (QCON). 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.

	BSCW	QCON	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.08	—	—
Martin ratio: Return relative to average drawdown	6.80	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BSCW	QCON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	—	—

Drawdowns

BSCW vs. QCON - Drawdown Comparison

The maximum BSCW drawdown since its inception was -8.32%, which is greater than QCON's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BSCW and QCON.

Drawdown Indicators

	BSCW	QCON	Difference
Max Drawdown Largest peak-to-trough decline	-8.32%	0.00%	-8.32%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.24%	—	—
Current Drawdown Current decline from peak	-1.42%	0.00%	-1.42%
Average Drawdown Average peak-to-trough decline	-1.82%	0.00%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	—	—

Volatility

Volatility by Period

	BSCW	QCON	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	0.00%	+3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.24%	0.00%	+7.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.24%	0.00%	+7.24%

BSCW vs. QCON - Expense Ratio Comparison

BSCW has a 0.10% expense ratio, which is lower than QCON's 0.32% expense ratio.

Dividends

BSCW vs. QCON - Dividend Comparison

BSCW's dividend yield for the trailing twelve months is around 4.83%, while QCON has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BSCW Invesco BulletShares 2032 Corporate Bond ETF	4.83%	4.81%	5.06%	4.80%	1.12%
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BSCW or QCON?

On fees, BSCW is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSCW or QCON?

BSCW is cheaper with a 0.10% expense ratio, compared with 0.32% for QCON.

Which ETF pays a higher dividend yield, BSCW or QCON?

BSCW has the higher dividend yield at 4.83%, compared with 0.00% for QCON.

What is the main difference between BSCW and QCON?

They also come from different issuers: Invesco and American Century. Their fees differ too: 0.10% for BSCW and 0.32% for QCON.