BSCW vs. VCLT
Compare and contrast key facts about Invesco BulletShares 2032 Corporate Bond ETF (BSCW) and Vanguard Long-Term Corporate Bond ETF (VCLT).
BSCW and VCLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCW is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Corporate Bond 2032 Index. It was launched on Sep 8, 2022. VCLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 10+ Year Corporate Index. It was launched on Nov 19, 2009. Both BSCW and VCLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BSCW vs. VCLT - Performance Comparison
Loading graphics...
BSCW vs. VCLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BSCW Invesco BulletShares 2032 Corporate Bond ETF | -0.23% | 9.00% | 2.20% | 9.31% | 0.31% |
VCLT Vanguard Long-Term Corporate Bond ETF | -0.63% | 7.18% | -1.90% | 11.17% | -2.35% |
Returns By Period
In the year-to-date period, BSCW achieves a -0.23% return, which is significantly higher than VCLT's -0.63% return.
BSCW
- 1D
- 0.58%
- 1M
- -1.81%
- YTD
- -0.23%
- 6M
- 0.93%
- 1Y
- 6.07%
- 3Y*
- 5.16%
- 5Y*
- —
- 10Y*
- —
VCLT
- 1D
- 0.78%
- 1M
- -2.90%
- YTD
- -0.63%
- 6M
- -1.22%
- 1Y
- 4.03%
- 3Y*
- 3.07%
- 5Y*
- -1.73%
- 10Y*
- 2.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSCW vs. VCLT - Expense Ratio Comparison
BSCW 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%.
Return for Risk
BSCW vs. VCLT — Risk / Return Rank
BSCW
VCLT
BSCW vs. VCLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) 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.
| BSCW | VCLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.40 | +0.91 |
Sortino ratioReturn per unit of downside risk | 1.80 | 0.59 | +1.20 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.11 | 0.82 | +1.29 |
Martin ratioReturn relative to average drawdown | 7.69 | 1.92 | +5.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BSCW | VCLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.40 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.14 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.39 | +0.39 |
Correlation
The correlation between BSCW and VCLT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BSCW vs. VCLT - Dividend Comparison
BSCW's dividend yield for the trailing twelve months is around 4.85%, less than VCLT's 5.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCW Invesco BulletShares 2032 Corporate Bond ETF | 4.85% | 4.81% | 5.06% | 4.80% | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCLT Vanguard Long-Term Corporate Bond ETF | 5.62% | 5.51% | 5.19% | 4.67% | 4.44% | 3.07% | 3.16% | 3.81% | 4.55% | 4.01% | 4.33% | 4.68% |
Drawdowns
BSCW vs. VCLT - Drawdown Comparison
The maximum BSCW drawdown since its inception was -8.32%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for BSCW and VCLT.
Loading graphics...
Drawdown Indicators
| BSCW | VCLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.32% | -34.31% | +25.99% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -5.39% | +2.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.31% | — |
Current DrawdownCurrent decline from peak | -1.81% | -15.73% | +13.92% |
Average DrawdownAverage peak-to-trough decline | -1.84% | -8.08% | +6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 2.32% | -1.50% |
Volatility
BSCW vs. VCLT - Volatility Comparison
The current volatility for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is 1.86%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 3.98%. This indicates that BSCW 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.
Loading graphics...
Volatility by Period
| BSCW | VCLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.86% | 3.98% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 5.62% | -3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.67% | 10.22% | -5.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.36% | 12.81% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.36% | 12.84% | -5.48% |