BSCZ vs. VCLT

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and Vanguard Long-Term Corporate Bond ETF (VCLT).

BSCZ and VCLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCZ is a passively managed fund by Invesco that tracks the performance of the BulletShares® USD Corporate Bond 2035 Index. It was launched on Jun 11, 2025. VCLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 10+ Year Corporate Index. It was launched on Nov 19, 2009. Both BSCZ and VCLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BSCZ vs. VCLT - Performance Comparison

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

BSCZ vs. VCLT - Yearly Performance Comparison

	2026 (YTD)	2025
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	-0.38%	5.67%
VCLT Vanguard Long-Term Corporate Bond ETF	-0.63%	5.42%

Returns By Period

In the year-to-date period, BSCZ achieves a -0.38% return, which is significantly higher than VCLT's -0.63% return.

BSCZ

• 1D: 0.66%
• 1M: -2.01%
• YTD: -0.38%
• 6M: 0.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCLT

• 1D: 0.78%
• 1M: -2.90%
• YTD: -0.63%
• 6M: -1.22%
• 1Y: 4.03%
• 3Y*: 3.07%
• 5Y*: -1.73%
• 10Y*: 2.46%

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

BSCZ vs. VCLT - Expense Ratio Comparison

BSCZ has a 0.10% expense ratio, which is higher than VCLT'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%.

BSCZ

Invesco BulletShares 2035 Corporate Bond ETF

VCLT

Vanguard Long-Term Corporate Bond ETF

Return for Risk

BSCZ vs. VCLT — Risk / Return Rank

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

VCLT

VCLT Risk / Return Rank: 27
VCLT Sharpe Ratio Rank: 25
VCLT Sortino Ratio Rank: 23
VCLT Omega Ratio Rank: 23
VCLT Calmar Ratio Rank: 36
VCLT Martin Ratio Rank: 26

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. VCLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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	VCLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	0.39	+0.95

Correlation

The correlation between BSCZ and VCLT is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BSCZ vs. VCLT - Dividend Comparison

BSCZ's dividend yield for the trailing twelve months is around 3.25%, less than VCLT's 5.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCZ Invesco BulletShares 2035 Corporate Bond ETF	3.25%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCLT Vanguard Long-Term Corporate Bond ETF	5.62%	5.51%	5.19%	4.67%	4.44%	3.07%	3.16%	3.81%	4.55%	4.01%	4.33%	4.68%

Drawdowns

BSCZ vs. VCLT - Drawdown Comparison

The maximum BSCZ drawdown since its inception was -3.28%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for BSCZ and VCLT.

Drawdown Indicators

	BSCZ	VCLT	Difference
Max Drawdown Largest peak-to-trough decline	-3.28%	-34.31%	+31.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.31%	—
Current Drawdown Current decline from peak	-2.01%	-15.73%	+13.72%
Average Drawdown Average peak-to-trough decline	-0.58%	-8.08%	+7.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	BSCZ	VCLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.98%	10.22%	-5.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.98%	12.81%	-7.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.98%	12.84%	-7.86%