BSCZ vs. IGHG

Last updated Jun 4, 2026

BSCZ (Invesco BulletShares 2035 Corporate Bond ETF) and IGHG (ProShares Investment Grade-Interest Rate Hedged) are both Corporate Bonds funds - BSCZ tracks the BulletShares® USD Corporate Bond 2035 Index while IGHG tracks the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. Both are passively managed. At a 0.16 correlation, their price movements are largely independent. BSCZ charges 0.10%/yr vs 0.30%/yr for IGHG.

Performance

BSCZ vs. IGHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and ProShares Investment Grade-Interest Rate Hedged (IGHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSCZ achieves a 0.18% return, which is significantly lower than IGHG's 2.17% return.

BSCZ

• 1D: -0.24%
• 1M: 0.42%
• YTD: 0.18%
• 6M: -0.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGHG

• 1D: 0.05%
• 1M: 0.76%
• YTD: 2.17%
• 6M: 2.54%
• 1Y: 5.77%
• 3Y*: 8.57%
• 5Y*: 5.24%
• 10Y*: 4.72%

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

BSCZ vs. IGHG - Yearly Performance Comparison

	2026 (YTD)	2025
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	0.18%	5.67%
IGHG ProShares Investment Grade-Interest Rate Hedged	2.17%	3.66%

Correlation

The correlation between BSCZ and IGHG is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.16

Return for Risk

BSCZ vs. IGHG — Risk / Return Rank

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

IGHG

IGHG Risk / Return Rank: 56
IGHG Sharpe Ratio Rank: 48
IGHG Sortino Ratio Rank: 52
IGHG Omega Ratio Rank: 50
IGHG Calmar Ratio Rank: 66
IGHG Martin Ratio Rank: 64

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. IGHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and ProShares Investment Grade-Interest Rate Hedged (IGHG). 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	IGHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.05	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.54	+0.68

Drawdowns

BSCZ vs. IGHG - Drawdown Comparison

The maximum BSCZ drawdown since its inception was -3.28%, smaller than the maximum IGHG drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for BSCZ and IGHG.

Drawdown Indicators

	BSCZ	IGHG	Difference
Max Drawdown Largest peak-to-trough decline	-3.28%	-25.16%	+21.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.16%	—
Current Drawdown Current decline from peak	-1.46%	-0.11%	-1.35%
Average Drawdown Average peak-to-trough decline	-0.75%	-2.30%	+1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.50%	—

Volatility

Volatility by Period

	BSCZ	IGHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.98%	3.44%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.98%	5.02%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.98%	7.46%	-2.48%

BSCZ vs. IGHG - Expense Ratio Comparison

BSCZ has a 0.10% expense ratio, which is lower than IGHG's 0.30% expense ratio.

Dividends

BSCZ vs. IGHG - Dividend Comparison

BSCZ's dividend yield for the trailing twelve months is around 4.09%, less than IGHG's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	4.09%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGHG ProShares Investment Grade-Interest Rate Hedged	5.11%	5.14%	5.06%	4.99%	3.55%	2.50%	2.79%	3.48%	4.13%	3.36%	3.37%	3.65%

Frequently Asked Questions

Can I hold both BSCZ and IGHG in my portfolio?

BSCZ and IGHG have a correlation of 0.16, 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 IGHG?

On fees, BSCZ 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, BSCZ or IGHG?

BSCZ is cheaper with a 0.10% expense ratio, compared with 0.30% for IGHG.

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

IGHG has the higher dividend yield at 5.11%, compared with 4.09% for BSCZ.

What is the main difference between BSCZ and IGHG?

BSCZ tracks BulletShares® USD Corporate Bond 2035 Index, while IGHG tracks Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.10% for BSCZ and 0.30% for IGHG.