IBDU vs. BSCQ

Last updated Jun 4, 2026

IBDU (iShares iBonds Dec 2029 Term Corporate ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds - IBDU tracks the Bloomberg December 2029 Maturity Corporate Index while BSCQ tracks the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. Over the past 5 years, IBDU returned 1.29%/yr vs 1.47%/yr for BSCQ. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.10% expense ratio.

Performance

IBDU vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2029 Term Corporate ETF (IBDU) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBDU achieves a 0.54% return, which is significantly lower than BSCQ's 1.55% return.

IBDU

• 1D: -0.13%
• 1M: 0.12%
• YTD: 0.54%
• 6M: 0.88%
• 1Y: 4.76%
• 3Y*: 5.73%
• 5Y*: 1.29%
• 10Y*: —

BSCQ

• 1D: 0.08%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.92%
• 1Y: 4.41%
• 3Y*: 5.06%
• 5Y*: 1.47%
• 10Y*: —

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

IBDU vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IBDU iShares iBonds Dec 2029 Term Corporate ETF	0.54%	7.59%	3.62%	8.67%	-13.04%	-2.05%	10.38%	2.22%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.55%	5.02%	4.86%	5.71%	-8.31%	-1.68%	9.41%	1.80%

Correlation

The correlation between IBDU and BSCQ is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Sep 20, 2019	0.79

Over the past year, the correlation between IBDU and BSCQ has dropped to 0.12 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

IBDU vs. BSCQ — Risk / Return Rank

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

IBDU

IBDU Risk / Return Rank: 65
IBDU Sharpe Ratio Rank: 63
IBDU Sortino Ratio Rank: 72
IBDU Omega Ratio Rank: 67
IBDU Calmar Ratio Rank: 61
IBDU Martin Ratio Rank: 63

BSCQ

BSCQ Risk / Return Rank: 99
BSCQ Sharpe Ratio Rank: 99
BSCQ Sortino Ratio Rank: 99
BSCQ Omega Ratio Rank: 99
BSCQ Calmar Ratio Rank: 99
BSCQ Martin Ratio Rank: 99

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.

IBDU vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Corporate ETF (IBDU) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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.

	IBDU	BSCQ	Difference
Sharpe ratio Return per unit of total volatility	2.12	7.06	-4.94
Sortino ratio Return per unit of downside risk	3.29	15.22	-11.94
Omega ratio Gain probability vs. loss probability	1.41	3.45	-2.04
Calmar ratio Return relative to maximum drawdown	3.02	43.24	-40.22
Martin ratio Return relative to average drawdown	11.33	179.65	-168.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBDU vs. BSCQ - Sharpe Ratio Comparison

The current IBDU Sharpe Ratio is 2.12, which is lower than the BSCQ Sharpe Ratio of 7.06. The chart below compares the historical Sharpe Ratios of IBDU and BSCQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBDU	BSCQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	7.06	-4.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.45	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.60	-0.28

Drawdowns

IBDU vs. BSCQ - Drawdown Comparison

The maximum IBDU drawdown since its inception was -19.44%, which is greater than BSCQ's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for IBDU and BSCQ.

Drawdown Indicators

	IBDU	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-19.44%	-16.50%	-2.94%
Max Drawdown (1Y) Largest decline over 1 year	-1.59%	-0.10%	-1.49%
Max Drawdown (3Y) Largest decline over 3 years	-4.14%	-1.13%	-3.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.44%	-13.02%	-6.42%
Current Drawdown Current decline from peak	-0.54%	0.00%	-0.54%
Average Drawdown Average peak-to-trough decline	-5.41%	-2.85%	-2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	0.02%	+0.40%

Volatility

IBDU vs. BSCQ - Volatility Comparison

iShares iBonds Dec 2029 Term Corporate ETF (IBDU) has a higher volatility of 0.58% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.17%. This indicates that IBDU's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBDU	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	0.17%	+0.41%
Volatility (6M) Calculated over the trailing 6-month period	1.49%	0.43%	+1.06%
Volatility (1Y) Calculated over the trailing 1-year period	2.26%	0.63%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	3.30%	+2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.32%	4.77%	+2.55%

IBDU vs. BSCQ - Expense Ratio Comparison

Both IBDU and BSCQ have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

IBDU vs. BSCQ - Dividend Comparison

IBDU's dividend yield for the trailing twelve months is around 4.66%, more than BSCQ's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.12%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%
IBDU iShares iBonds Dec 2029 Term Corporate ETF	4.66%	4.67%	4.75%	4.21%	3.34%	2.29%	2.42%	0.74%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBDU and BSCQ in my portfolio?

IBDU and BSCQ have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBDU or BSCQ?

IBDU has higher volatility (0.58%) compared to BSCQ (0.17%). In terms of maximum drawdown, IBDU dropped -19.44% vs BSCQ's -16.50%.

Which ETF is better, IBDU or BSCQ?

On 5-year performance, BSCQ leads with 1.47% vs 1.29% for IBDU. Both ETFs have the same 0.10% expense ratio. On volatility, BSCQ has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBDU or BSCQ?

Over the 5-year period, BSCQ has performed better with a 1.47% return vs 1.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBDU or BSCQ?

IBDU and BSCQ have the same expense ratio: 0.10% per year.

Which ETF pays a higher dividend yield, IBDU or BSCQ?

IBDU has the higher dividend yield at 4.66%, compared with 4.12% for BSCQ.

What is the main difference between IBDU and BSCQ?

IBDU tracks Bloomberg December 2029 Maturity Corporate Index, while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index. They also come from different issuers: iShares and Invesco.

Which has better risk-adjusted returns?

BSCQ currently has the higher Sharpe Ratio (7.06 vs 2.12), 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.