BSCZ vs. SOXQ

Last updated Aug 4, 2026

BSCZ (Invesco BulletShares 2035 Corporate Bond ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - BSCZ is a Corporate Bonds fund tracking the BulletShares® USD Corporate Bond 2035 Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past year, BSCZ returned 2.08% vs 107.64% for SOXQ. Their 0.21 correlation means their historical movements had little consistent relationship. BSCZ charges 0.10%/yr vs 0.19%/yr for SOXQ.

Performance

BSCZ vs. SOXQ - Performance Comparison

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

Returns By Period

In the year-to-date period, BSCZ achieves a -0.82% return, which is significantly lower than SOXQ's 61.64% return.

BSCZ

• 1D: 0.34%
• 1M: -1.51%
• 6M: -0.81%
• YTD: -0.82%
• 1Y: 2.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.19%

SOXQ

• 1D: 1.04%
• 1M: -9.38%
• 6M: 40.74%
• YTD: 61.64%
• 1Y: 107.64%
• 3Y*: 46.52%
• 5Y*: 28.30%
• 10Y*: —
• ALL TIME*: 29.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	$2.07M	$1.98M	$1.86M
SOXQ Invesco PHLX Semiconductor ETF	$211.18M	$220.46M	$283.01M

BSCZ vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	-0.82%	5.67%
SOXQ Invesco PHLX Semiconductor ETF	61.64%	35.57%

Correlation

The correlation between BSCZ and SOXQ is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	0.21

Return for Risk

BSCZ vs. SOXQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BSCZ

BSCZ Risk / Return Rank: 20
BSCZ Sharpe Ratio Rank: 20
BSCZ Sortino Ratio Rank: 18
BSCZ Omega Ratio Rank: 17
BSCZ Calmar Ratio Rank: 21
BSCZ Martin Ratio Rank: 22

SOXQ

SOXQ Risk / Return Rank: 88
SOXQ Sharpe Ratio Rank: 93
SOXQ Sortino Ratio Rank: 84
SOXQ Omega Ratio Rank: 85
SOXQ Calmar Ratio Rank: 89
SOXQ Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BSCZ vs. SOXQ - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BSCZ	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	0.43	2.50	-2.07
Sortino ratio: Return per unit of downside risk	0.63	2.80	-2.16
Omega ratio: Gain probability vs. loss probability	1.07	1.38	-0.30
Calmar ratio: Return relative to maximum drawdown	0.64	3.79	-3.15
Martin ratio: Return relative to average drawdown	1.68	15.50	-13.82

BSCZ vs. SOXQ - Sharpe Ratio Comparison

The current BSCZ Sharpe Ratio is 0.43, which is lower than the SOXQ Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of BSCZ and SOXQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BSCZ vs. SOXQ - Drawdown Comparison

The maximum BSCZ drawdown since its inception was -3.28%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for BSCZ and SOXQ.

Drawdown Indicators

	BSCZ	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.28%	-46.01%	+42.73%
Max Drawdown (1Y) Largest decline over 1 year	-3.28%	-28.56%	+25.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-39.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.01%	—
Current Drawdown Current decline from peak	-2.44%	-21.83%	+19.39%
Average Drawdown Average peak-to-trough decline	-0.88%	-12.92%	+12.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.24%	6.97%	-5.73%

Volatility

BSCZ vs. SOXQ - Volatility Comparison

The current volatility for Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) is 1.34%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 16.48%. This indicates that BSCZ experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSCZ	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.34%	16.48%	-15.14%
Volatility (6M) Calculated over the trailing 6-month period	3.94%	37.48%	-33.54%
Volatility (1Y) Calculated over the trailing 1-year period	4.91%	43.45%	-38.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.97%	38.30%	-33.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.97%	37.92%	-32.95%

BSCZ vs. SOXQ - Expense Ratio Comparison

BSCZ has a 0.10% expense ratio, which is lower than SOXQ's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BSCZ vs. SOXQ - Dividend Comparison

BSCZ's dividend yield for the trailing twelve months is around 4.62%, more than SOXQ's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	4.62%	2.18%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.32%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both BSCZ and SOXQ in my portfolio?

BSCZ and SOXQ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSCZ or SOXQ?

SOXQ has higher volatility (16.48%) compared to BSCZ (1.34%). In terms of maximum drawdown, BSCZ dropped -3.28% vs SOXQ's -46.01%.

Which ETF is better, BSCZ or SOXQ?

On 1-year performance, SOXQ leads with 107.64% vs 2.08% for BSCZ. On fees, BSCZ is cheaper at 0.10% per year. On volatility, BSCZ has been the lower-risk option at 1.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSCZ or SOXQ?

Over the 1-year period, SOXQ has performed better with a 107.64% return vs 2.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSCZ or SOXQ?

BSCZ is cheaper with a 0.10% expense ratio, compared with 0.19% for SOXQ.

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

BSCZ has the higher dividend yield at 4.62%, compared with 0.32% for SOXQ.

What is the main difference between BSCZ and SOXQ?

BSCZ is categorized as Corporate Bonds, while SOXQ is Semiconductors. BSCZ tracks BulletShares® USD Corporate Bond 2035 Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.10% for BSCZ and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (2.50 vs 0.43), 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.