GIGL vs. BSCR

Last updated Jul 17, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and BSCR (Invesco BulletShares 2027 Corporate Bond ETF) are both Corporate Bonds funds. Over the past year, GIGL returned 4.60% vs 4.25% for BSCR. A 0.57 correlation means they provide meaningful diversification when combined. GIGL charges 0.29%/yr vs 0.10%/yr for BSCR.

Performance

GIGL vs. BSCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) 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, GIGL achieves a 0.18% return, which is significantly lower than BSCR's 1.63% return.

GIGL

• 1D: -0.04%
• 1M: -0.66%
• 6M: -0.21%
• YTD: 0.18%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCR

• 1D: 0.00%
• 1M: 0.17%
• 6M: 1.57%
• YTD: 1.63%
• 1Y: 4.25%
• 3Y*: 5.25%
• 5Y*: 1.36%
• 10Y*: —

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

GIGL vs. BSCR - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.18%	3.76%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	1.63%	2.87%

Correlation

The correlation between GIGL and BSCR is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.57

The correlation between GIGL and BSCR has been stable across timeframes, ranging from 0.57 to 0.57 - a consistent structural relationship.

Return for Risk

GIGL vs. BSCR — Risk / Return Rank

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

GIGL

GIGL Risk / Return Rank: 36
GIGL Sharpe Ratio Rank: 37
GIGL Sortino Ratio Rank: 36
GIGL Omega Ratio Rank: 35
GIGL Calmar Ratio Rank: 35
GIGL Martin Ratio Rank: 37

BSCR

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

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.

GIGL vs. BSCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) 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.

	GIGL	BSCR	Difference
Sharpe ratio: Return per unit of total volatility	1.11	4.28	-3.17
Sortino ratio: Return per unit of downside risk	1.60	8.02	-6.42
Omega ratio: Gain probability vs. loss probability	1.19	2.17	-0.97
Calmar ratio: Return relative to maximum drawdown	1.48	10.21	-8.73
Martin ratio: Return relative to average drawdown	4.55	45.12	-40.57

GIGL vs. BSCR - Sharpe Ratio Comparison

The current GIGL Sharpe Ratio is 1.11, which is lower than the BSCR Sharpe Ratio of 4.28. The chart below compares the historical Sharpe Ratios of GIGL 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.

Drawdowns

GIGL vs. BSCR - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum BSCR drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for GIGL and BSCR.

Drawdown Indicators

	GIGL	BSCR	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-17.26%	+14.13%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	-0.42%	-2.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.87%	—
Current Drawdown Current decline from peak	-1.33%	0.00%	-1.33%
Average Drawdown Average peak-to-trough decline	-0.74%	-3.30%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	0.09%	+0.92%

Volatility

GIGL vs. BSCR - Volatility Comparison

Goldman Sachs Corporate Bond ETF (GIGL) has a higher volatility of 1.10% compared to Invesco BulletShares 2027 Corporate Bond ETF (BSCR) at 0.19%. This indicates that GIGL'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.

Volatility by Period

	GIGL	BSCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	0.19%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	0.60%	+2.73%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	1.01%	+3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	4.07%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	5.32%	-1.16%

GIGL vs. BSCR - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is higher than BSCR's 0.10% expense ratio.

Dividends

GIGL vs. BSCR - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 4.20%, less than BSCR's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSCR Invesco BulletShares 2027 Corporate Bond ETF	4.28%	4.26%	4.27%	3.74%	2.65%	2.12%	2.46%	3.11%	3.35%	0.78%
GIGL Goldman Sachs Corporate Bond ETF	4.20%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GIGL and BSCR in my portfolio?

GIGL 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.

Which is riskier, GIGL or BSCR?

GIGL has higher volatility (1.10%) compared to BSCR (0.19%). In terms of maximum drawdown, GIGL dropped -3.13% vs BSCR's -17.26%.

Which ETF is better, GIGL or BSCR?

On 1-year performance, GIGL leads with 4.60% vs 4.25% for BSCR. On fees, BSCR is cheaper at 0.10% per year. On volatility, BSCR has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GIGL or BSCR?

Over the 1-year period, GIGL has performed better with a 4.60% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GIGL or BSCR?

BSCR is cheaper with a 0.10% expense ratio, compared with 0.29% for GIGL.

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

BSCR has the higher dividend yield at 4.28%, compared with 4.20% for GIGL.

What is the main difference between GIGL and BSCR?

They also come from different issuers: Goldman Sachs and Invesco. Their fees differ too: 0.29% for GIGL and 0.10% for BSCR.

Which has better risk-adjusted returns?

BSCR currently has the higher Sharpe Ratio (4.28 vs 1.11), 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.