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CORP vs. BSCR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CORP vs. BSCR - Performance Comparison

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

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Returns By Period

In the year-to-date period, CORP achieves a -0.47% return, which is significantly lower than BSCR's 1.78% return.


CORP

1D
-0.20%
1M
-1.49%
6M
-0.82%
YTD
-0.47%
1Y
2.13%
3Y*
5.11%
5Y*
0.17%
10Y*
2.46%
ALL TIME*
3.46%

BSCR

1D
0.00%
1M
0.25%
6M
1.42%
YTD
1.78%
1Y
3.86%
3Y*
5.40%
5Y*
1.29%
10Y*
ALL TIME*
3.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$11.43M$10.64M$11.91M
$6.28M$6.24M$6.70M

CORP vs. BSCR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CORP
PIMCO Investment Grade Corporate Bond Index ETF
-0.47%7.96%2.47%9.13%-14.96%-1.18%9.70%14.80%-3.29%0.95%
BSCR
Invesco BulletShares 2027 Corporate Bond ETF
1.78%5.77%4.52%6.41%-9.56%-1.72%9.68%14.88%-2.63%0.81%

Correlation

The correlation between CORP and BSCR is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.57

Correlation (3Y)
Balances recent behavior with more history.

0.74

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.82

Correlation (All Time)
Calculated using the full available price history since Sep 27, 2017

0.76

The correlation between CORP and BSCR shifts across timeframes, from 0.57 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

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Return for Risk

CORP vs. BSCR — Risk / Return Rank

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

CORP
CORP Risk / Return Rank: 3030
Overall Rank
CORP Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
CORP Sortino Ratio Rank: 2828
Sortino Ratio Rank
CORP Omega Ratio Rank: 2626
Omega Ratio Rank
CORP Calmar Ratio Rank: 3232
Calmar Ratio Rank
CORP Martin Ratio Rank: 3232
Martin Ratio Rank

BSCR
BSCR Risk / Return Rank: 9898
Overall Rank
BSCR Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
BSCR Sortino Ratio Rank: 9898
Sortino Ratio Rank
BSCR Omega Ratio Rank: 9898
Omega Ratio Rank
BSCR Calmar Ratio Rank: 9898
Calmar Ratio Rank
BSCR Martin Ratio Rank: 9898
Martin Ratio Rank
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.

CORP vs. BSCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Corporate Bond Index ETF (CORP) 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.

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.


CORPBSCRDifference
Sharpe ratioReturn per unit of total volatility

-3.63

Sortino ratioReturn per unit of downside risk

-7.07

Omega ratioGain probability vs. loss probability

1.12

2.19

-1.07

Calmar ratioReturn relative to maximum drawdown

1.03

10.30

-9.26

Martin ratioReturn relative to average drawdown

2.92

45.60

-42.68

CORP vs. BSCR - Sharpe Ratio Comparison

The current CORP Sharpe Ratio is 0.72, which is lower than the BSCR Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of CORP and BSCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

CORP vs. BSCR - Drawdown Comparison

The maximum CORP drawdown since its inception was -21.21%, which is greater than BSCR's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for CORP and BSCR.


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Drawdown Indicators


CORPBSCRDifference

Max Drawdown

Largest peak-to-trough decline

-21.21%

-17.26%

-3.95%

Max Drawdown (1Y)

Largest decline over 1 year

-2.88%

-0.42%

-2.46%

Max Drawdown (3Y)

Largest decline over 3 years

-4.96%

-2.27%

-2.69%

Max Drawdown (5Y)

Largest decline over 5 years

-21.21%

-14.83%

-6.38%

Max Drawdown (10Y)

Largest decline over 10 years

-21.21%

Current Drawdown

Current decline from peak

-2.08%

0.00%

-2.08%

Average Drawdown

Average peak-to-trough decline

-3.59%

-3.28%

-0.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.01%

0.09%

+0.92%

Volatility

CORP vs. BSCR - Volatility Comparison

PIMCO Investment Grade Corporate Bond Index ETF (CORP) has a higher volatility of 1.12% compared to Invesco BulletShares 2027 Corporate Bond ETF (BSCR) at 0.14%. This indicates that CORP's price experiences larger fluctuations and is considered to be riskier than BSCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CORPBSCRDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.12%

0.14%

+0.98%

Volatility (6M)

Calculated over the trailing 6-month period

3.23%

0.60%

+2.63%

Volatility (1Y)

Calculated over the trailing 1-year period

4.13%

0.99%

+3.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.89%

4.07%

+2.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.08%

5.30%

+1.78%

CORP vs. BSCR - Expense Ratio Comparison

CORP has a 0.20% expense ratio, which is higher than BSCR's 0.10% 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

CORP vs. BSCR - Dividend Comparison

CORP's dividend yield for the trailing twelve months is around 4.94%, more than BSCR's 4.27% yield.


PositionTTM20252024202320222021202020192018201720162015
BSCR
Invesco BulletShares 2027 Corporate Bond ETF
4.27%4.26%4.27%3.74%2.65%2.12%2.46%3.11%3.35%0.78%0.00%0.00%
CORP
PIMCO Investment Grade Corporate Bond Index ETF
4.53%4.77%4.74%4.12%3.28%2.51%2.90%3.25%3.18%3.08%2.91%3.14%

Frequently Asked Questions


CORP and BSCR have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CORP has higher volatility (1.12%) compared to BSCR (0.14%). In terms of maximum drawdown, CORP dropped -21.21% vs BSCR's -17.26%.

On 5-year performance, BSCR leads with 1.29% vs 0.17% for CORP. On fees, BSCR is cheaper at 0.10% per year. On volatility, BSCR has been the lower-risk option at 0.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BSCR has performed better with a 1.29% return vs 0.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BSCR is cheaper with a 0.10% expense ratio, compared with 0.20% for CORP.

CORP has the higher dividend yield at 4.53%, compared with 4.27% for BSCR.

CORP tracks ICE BofA US Corporate, while BSCR tracks NASDAQ Bulletshares® USD Corporate Bond 2027 Index. They also come from different issuers: PIMCO and Invesco. Their fees differ too: 0.20% for CORP and 0.10% for BSCR.

BSCR currently has the higher Sharpe Ratio (4.35 vs 0.72), 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.

Portfolio Optimizer

Find the right allocation for CORP and BSCR

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