BSCZ vs. BSCR

Last updated Jun 3, 2026

BSCZ (Invesco BulletShares 2035 Corporate Bond ETF) and BSCR (Invesco BulletShares 2027 Corporate Bond ETF) are both Corporate Bonds funds from Invesco - BSCZ tracks the BulletShares® USD Corporate Bond 2035 Index while BSCR tracks the NASDAQ Bulletshares® USD Corporate Bond 2027 Index. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.

Performance

BSCZ vs. BSCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCZ achieves a 0.43% return, which is significantly lower than BSCR's 1.27% return.

BSCZ

• 1D: 0.05%
• 1M: 0.33%
• YTD: 0.43%
• 6M: 0.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCR

• 1D: 0.00%
• 1M: 0.34%
• YTD: 1.27%
• 6M: 1.74%
• 1Y: 4.56%
• 3Y*: 5.18%
• 5Y*: 1.47%
• 10Y*: —

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

BSCZ vs. BSCR - Yearly Performance Comparison

	2026 (YTD)	2025
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	0.43%	5.67%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	1.27%	3.17%

Correlation

The correlation between BSCZ and BSCR is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.58

BSCZ vs. BSCR - Sectors Allocation Comparison

Sectors	BSCZ	BSCR
Healthcare	12.1%	10.4%
Communication Services	10.8%	4.0%
Technology	10.5%	10.1%
Financial Services	9.8%	20.9%
Energy	8.9%	3.9%
Consumer Cyclical	7.4%	12.1%
Industrials	7.3%	6.6%
Utilities	5.0%	3.3%
Consumer Defensive	4.6%	5.1%
Real Estate	3.5%	3.0%
Basic Materials	1.7%	0.9%

Return for Risk

BSCZ vs. BSCR — Risk / Return Rank

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

BSCR

BSCR Risk / Return Rank: 97
BSCR Sharpe Ratio Rank: 96
BSCR Sortino Ratio Rank: 98
BSCR Omega Ratio Rank: 98
BSCR Calmar Ratio Rank: 97
BSCR Martin Ratio Rank: 97

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.

BSCZ vs. BSCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSCZ	BSCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.26	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	0.59	+0.68

Drawdowns

BSCZ vs. BSCR - Drawdown Comparison

The maximum BSCZ drawdown since its inception was -3.28%, smaller than the maximum BSCR drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for BSCZ and BSCR.

Drawdown Indicators

	BSCZ	BSCR	Difference
Max Drawdown Largest peak-to-trough decline	-3.28%	-17.26%	+13.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.87%	—
Current Drawdown Current decline from peak	-1.22%	0.00%	-1.22%
Average Drawdown Average peak-to-trough decline	-0.74%	-3.35%	+2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.10%	—

Volatility

Volatility by Period

	BSCZ	BSCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.99%	1.08%	+3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.99%	4.09%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.99%	5.35%	-0.36%

BSCZ vs. BSCR - Expense Ratio Comparison

Both BSCZ and BSCR have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BSCZ vs. BSCR - Dividend Comparison

BSCZ's dividend yield for the trailing twelve months is around 4.08%, less than BSCR's 4.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCR Invesco BulletShares 2027 Corporate Bond ETF	4.29%	4.26%	4.27%	3.74%	2.65%	2.12%	2.46%	3.11%	3.35%	0.78%
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	4.08%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSCZ and BSCR in my portfolio?

BSCZ and BSCR have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSCZ or BSCR?

Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSCZ or BSCR?

BSCZ and BSCR have the same expense ratio: 0.10% per year.

Which ETF pays a higher dividend yield, BSCZ or BSCR?

BSCR has the higher dividend yield at 4.29%, compared with 4.08% for BSCZ.

What is the main difference between BSCZ and BSCR?

BSCZ tracks BulletShares® USD Corporate Bond 2035 Index, while BSCR tracks NASDAQ Bulletshares® USD Corporate Bond 2027 Index.