BSCY vs. BBCB

Last updated Jun 3, 2026

BSCY (Invesco BulletShares 2034 Corporate Bond ETF) and BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds - BSCY tracks the Nasdaq BulletShares USD Corporate Bond 2034 Index while BBCB tracks the Bloomberg US Corporate Investment Grade. Both are passively managed. Over the past year, BSCY returned 6.86% vs 8.59% for BBCB. With a 0.96 correlation, they move nearly in lockstep. BSCY charges 0.10%/yr vs 0.09%/yr for BBCB.

Performance

BSCY vs. BBCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2034 Corporate Bond ETF (BSCY) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCY achieves a 0.52% return, which is significantly lower than BBCB's 2.93% return.

BSCY

• 1D: 0.07%
• 1M: 0.28%
• YTD: 0.52%
• 6M: 0.71%
• 1Y: 6.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBCB

• 1D: 0.04%
• 1M: 0.34%
• YTD: 2.93%
• 6M: 2.96%
• 1Y: 8.59%
• 3Y*: 6.02%
• 5Y*: 0.98%
• 10Y*: —

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

BSCY vs. BBCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BSCY Invesco BulletShares 2034 Corporate Bond ETF	0.52%	9.18%	2.41%
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	2.93%	7.69%	2.12%

Correlation

The correlation between BSCY and BBCB 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 (All Time) Calculated using the full available price history since Jun 13, 2024	0.96

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

BSCY vs. BBCB - Sectors Allocation Comparison

Sectors	BSCY	BBCB
Healthcare	11.0%	8.8%
Technology	10.4%	7.8%
Energy	9.8%	4.9%
Financial Services	9.2%	21.9%
Industrials	8.1%	7.1%
Communication Services	6.7%	6.7%
Consumer Cyclical	5.9%	6.3%
Utilities	5.3%	8.6%
Real Estate	4.5%	3.8%
Consumer Defensive	3.9%	5.1%
Basic Materials	2.6%	1.6%

Return for Risk

BSCY vs. BBCB — Risk / Return Rank

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

BSCY

BSCY Risk / Return Rank: 43
BSCY Sharpe Ratio Rank: 42
BSCY Sortino Ratio Rank: 44
BSCY Omega Ratio Rank: 40
BSCY Calmar Ratio Rank: 43
BSCY Martin Ratio Rank: 44

BBCB

BBCB Risk / Return Rank: 56
BBCB Sharpe Ratio Rank: 50
BBCB Sortino Ratio Rank: 60
BBCB Omega Ratio Rank: 55
BBCB Calmar Ratio Rank: 56
BBCB Martin Ratio Rank: 57

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.

BSCY vs. BBCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2034 Corporate Bond ETF (BSCY) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). 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.

	BSCY	BBCB	Difference
Sharpe ratio Return per unit of total volatility	1.52	1.75	-0.23
Sortino ratio Return per unit of downside risk	2.26	2.86	-0.61
Omega ratio Gain probability vs. loss probability	1.27	1.35	-0.08
Calmar ratio Return relative to maximum drawdown	2.16	2.85	-0.69
Martin ratio Return relative to average drawdown	7.20	10.11	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSCY vs. BBCB - Sharpe Ratio Comparison

The current BSCY Sharpe Ratio is 1.52, which is comparable to the BBCB Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of BSCY and BBCB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSCY	BBCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	1.75	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.46	+0.64

Drawdowns

BSCY vs. BBCB - Drawdown Comparison

The maximum BSCY drawdown since its inception was -5.44%, smaller than the maximum BBCB drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for BSCY and BBCB.

Drawdown Indicators

	BSCY	BBCB	Difference
Max Drawdown Largest peak-to-trough decline	-5.44%	-22.48%	+17.04%
Max Drawdown (1Y) Largest decline over 1 year	-3.11%	-2.95%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.32%	—
Current Drawdown Current decline from peak	-1.08%	-0.24%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.23%	-6.67%	+5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	0.83%	+0.10%

Volatility

BSCY vs. BBCB - Volatility Comparison

Invesco BulletShares 2034 Corporate Bond ETF (BSCY) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) have volatilities of 1.50% and 1.48%, 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

	BSCY	BBCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.50%	1.48%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	4.01%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	4.53%	4.93%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.62%	7.25%	-1.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.62%	7.50%	-1.88%

BSCY vs. BBCB - Expense Ratio Comparison

BSCY has a 0.10% expense ratio, which is higher than BBCB's 0.09% 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

BSCY vs. BBCB - Dividend Comparison

BSCY's dividend yield for the trailing twelve months is around 4.86%, less than BBCB's 7.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	7.14%	5.02%	5.22%	4.22%	3.39%	3.47%	4.59%	5.25%	0.20%
BSCY Invesco BulletShares 2034 Corporate Bond ETF	4.86%	4.79%	2.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSCY and BBCB in my portfolio?

With a correlation of 0.96, BSCY and BBCB 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.

Which is riskier, BSCY or BBCB?

BSCY has higher volatility (1.50%) compared to BBCB (1.48%). In terms of maximum drawdown, BSCY dropped -5.44% vs BBCB's -22.48%.

Which ETF is better, BSCY or BBCB?

On 1-year performance, BBCB leads with 8.59% vs 6.86% for BSCY. On fees, BBCB is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSCY or BBCB?

Over the 1-year period, BBCB has performed better with a 8.59% return vs 6.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSCY or BBCB?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.10% for BSCY.

Which ETF pays a higher dividend yield, BSCY or BBCB?

BBCB has the higher dividend yield at 7.14%, compared with 4.86% for BSCY.

What is the main difference between BSCY and BBCB?

BSCY tracks Nasdaq BulletShares USD Corporate Bond 2034 Index, while BBCB tracks Bloomberg US Corporate Investment Grade. They also come from different issuers: Invesco and JPMorgan. Their fees differ too: 0.10% for BSCY and 0.09% for BBCB.

Which has better risk-adjusted returns?

BBCB currently has the higher Sharpe Ratio (1.75 vs 1.52), 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.