PortfoliosLab logoPortfoliosLab logo
BSCW vs. VTC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BSCW vs. VTC - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, BSCW achieves a 0.16% return, which is significantly lower than VTC's 0.60% return.


BSCW

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

VTC

1D
-0.22%
1M
0.63%
YTD
0.60%
6M
0.33%
1Y
5.99%
3Y*
5.22%
5Y*
0.51%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSCW vs. VTC - Yearly Performance Comparison


2026 (YTD)2025202420232022
BSCW
Invesco BulletShares 2032 Corporate Bond ETF
0.16%9.00%2.20%9.31%0.31%
VTC
Vanguard Total Corporate Bond ETF
0.60%7.58%2.15%8.58%-1.08%

Correlation

The correlation between BSCW and VTC is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


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

0.96

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

0.97

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2022

0.96

The correlation between BSCW and VTC has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

BSCW vs. VTC — Risk / Return Rank

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

BSCW
BSCW Risk / Return Rank: 4444
Overall Rank
BSCW Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
BSCW Sortino Ratio Rank: 4646
Sortino Ratio Rank
BSCW Omega Ratio Rank: 4242
Omega Ratio Rank
BSCW Calmar Ratio Rank: 4343
Calmar Ratio Rank
BSCW Martin Ratio Rank: 4343
Martin Ratio Rank

VTC
VTC Risk / Return Rank: 3939
Overall Rank
VTC Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
VTC Sortino Ratio Rank: 3838
Sortino Ratio Rank
VTC Omega Ratio Rank: 3535
Omega Ratio Rank
VTC Calmar Ratio Rank: 4141
Calmar Ratio Rank
VTC Martin Ratio Rank: 4141
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.

BSCW vs. VTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) and Vanguard Total Corporate Bond ETF (VTC). 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.


BSCWVTCDifference
Sharpe ratioReturn per unit of total volatility

+0.13

Sortino ratioReturn per unit of downside risk

+0.23

Omega ratioGain probability vs. loss probability

1.27

1.24

+0.03

Calmar ratioReturn relative to maximum drawdown

2.08

2.09

-0.01

Martin ratioReturn relative to average drawdown

6.80

6.63

+0.17

BSCW vs. VTC - Sharpe Ratio Comparison

The current BSCW Sharpe Ratio is 1.51, which is comparable to the VTC Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of BSCW and VTC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Sharpe Ratios by Period


BSCWVTCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.38

+0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.77

0.32

+0.45

Drawdowns

BSCW vs. VTC - Drawdown Comparison

The maximum BSCW drawdown since its inception was -8.32%, smaller than the maximum VTC drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for BSCW and VTC.


Loading charts...

Drawdown Indicators


BSCWVTCDifference

Max Drawdown

Largest peak-to-trough decline

-8.32%

-22.05%

+13.73%

Max Drawdown (1Y)

Largest decline over 1 year

-2.81%

-2.88%

+0.07%

Max Drawdown (3Y)

Largest decline over 3 years

-7.24%

-6.46%

-0.78%

Max Drawdown (5Y)

Largest decline over 5 years

-22.05%

Current Drawdown

Current decline from peak

-1.42%

-0.99%

-0.43%

Average Drawdown

Average peak-to-trough decline

-1.82%

-5.84%

+4.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.86%

0.90%

-0.04%

Volatility

BSCW vs. VTC - Volatility Comparison

The current volatility for Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is 1.20%, while Vanguard Total Corporate Bond ETF (VTC) has a volatility of 1.43%. This indicates that BSCW experiences smaller price fluctuations and is considered to be less risky than VTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


BSCWVTCDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.20%

1.43%

-0.23%

Volatility (6M)

Calculated over the trailing 6-month period

2.81%

3.22%

-0.41%

Volatility (1Y)

Calculated over the trailing 1-year period

3.87%

4.37%

-0.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.24%

7.08%

+0.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.24%

7.68%

-0.44%

BSCW vs. VTC - Expense Ratio Comparison

BSCW has a 0.10% expense ratio, which is higher than VTC'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

BSCW vs. VTC - Dividend Comparison

BSCW's dividend yield for the trailing twelve months is around 4.83%, less than VTC's 4.93% yield.


PositionTTM202520242023202220212020201920182017
BSCW
Invesco BulletShares 2032 Corporate Bond ETF
4.83%4.81%5.06%4.80%1.12%0.00%0.00%0.00%0.00%0.00%
VTC
Vanguard Total Corporate Bond ETF
4.93%4.76%4.50%3.80%3.13%2.36%2.69%3.34%3.53%0.55%

Frequently Asked Questions


With a correlation of 0.96, BSCW and VTC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

VTC has higher volatility (1.43%) compared to BSCW (1.20%). In terms of maximum drawdown, BSCW dropped -8.32% vs VTC's -22.05%.

On 3-year performance, BSCW leads with 5.57% vs 5.22% for VTC. On fees, VTC is cheaper at 0.04% per year. On volatility, BSCW has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, BSCW has performed better with a 5.57% return vs 5.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

VTC is cheaper with a 0.04% expense ratio, compared with 0.10% for BSCW.

VTC has the higher dividend yield at 4.93%, compared with 4.83% for BSCW.

BSCW tracks Invesco BulletShares Corporate Bond 2032 Index, while VTC tracks Bloomberg Barclays U.S. Corporate Bond Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.10% for BSCW and 0.04% for VTC.

BSCW currently has the higher Sharpe Ratio (1.51 vs 1.38), 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

Find the right allocation for BSCW and VTC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer