IBDV vs. BSCU
IBDV (iShares iBonds Dec 2030 Term Corporate ETF) and BSCU (Invesco BulletShares 2030 Corporate Bond ETF) are both Corporate Bonds funds - IBDV tracks the Bloomberg December 2030 Maturity Corporate Index while BSCU tracks the NASDAQ BulletShares USD Corporate Bond 2030 Index. Both are passively managed. Over the past 5 years, IBDV returned 0.95%/yr vs 0.84%/yr for BSCU. Their correlation of 0.95 suggests significant overlap in exposure. Both charge a 0.10% expense ratio.
Performance
IBDV vs. BSCU - Performance Comparison
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Returns By Period
In the year-to-date period, IBDV achieves a 0.30% return, which is significantly lower than BSCU's 0.32% return.
IBDV
- 1D
- -0.11%
- 1M
- 0.12%
- YTD
- 0.30%
- 6M
- 0.51%
- 1Y
- 4.91%
- 3Y*
- 5.56%
- 5Y*
- 0.95%
- 10Y*
- —
BSCU
- 1D
- -0.09%
- 1M
- 0.18%
- YTD
- 0.32%
- 6M
- 0.52%
- 1Y
- 5.00%
- 3Y*
- 5.53%
- 5Y*
- 0.84%
- 10Y*
- —
IBDV vs. BSCU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 0.30% | 8.19% | 3.42% | 8.51% | -14.67% | -2.64% | 1.95% |
BSCU Invesco BulletShares 2030 Corporate Bond ETF | 0.32% | 8.24% | 3.12% | 8.66% | -15.08% | -3.02% | 2.07% |
Correlation
The correlation between IBDV and BSCU is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020 | 0.95 |
The correlation between IBDV and BSCU has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
IBDV vs. BSCU — Risk / Return Rank
IBDV
BSCU
IBDV vs. BSCU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2030 Term Corporate ETF (IBDV) and Invesco BulletShares 2030 Corporate Bond ETF (BSCU). 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.
| IBDV | BSCU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 2.42 | -0.04 |
| Martin ratioReturn relative to average drawdown | 8.25 | 8.29 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBDV | BSCU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.69 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.13 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.06 | +0.11 |
Drawdowns
IBDV vs. BSCU - Drawdown Comparison
The maximum IBDV drawdown since its inception was -21.85%, roughly equal to the maximum BSCU drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for IBDV and BSCU.
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Drawdown Indicators
| IBDV | BSCU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.85% | -22.34% | +0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -2.07% | 0.00% |
Max Drawdown (3Y)Largest decline over 3 years | -5.64% | -5.66% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.54% | -21.74% | +0.20% |
Current DrawdownCurrent decline from peak | -0.93% | -0.91% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -8.04% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 0.60% | 0.00% |
Volatility
IBDV vs. BSCU - Volatility Comparison
iShares iBonds Dec 2030 Term Corporate ETF (IBDV) and Invesco BulletShares 2030 Corporate Bond ETF (BSCU) have volatilities of 0.83% and 0.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBDV | BSCU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 0.85% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.98% | 2.11% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.91% | 2.97% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.44% | 6.62% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.27% | 6.47% | -0.20% |
IBDV vs. BSCU - Expense Ratio Comparison
Both IBDV and BSCU 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
IBDV vs. BSCU - Dividend Comparison
IBDV's dividend yield for the trailing twelve months is around 4.60%, which matches BSCU's 4.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BSCU Invesco BulletShares 2030 Corporate Bond ETF | 4.62% | 4.56% | 4.70% | 4.07% | 3.06% | 1.93% | 0.33% |
IBDV iShares iBonds Dec 2030 Term Corporate ETF | 4.60% | 4.57% | 4.69% | 4.09% | 3.02% | 1.99% | 0.90% |
Frequently Asked Questions
With a correlation of 0.96, IBDV and BSCU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BSCU has higher volatility (0.85%) compared to IBDV (0.83%). In terms of maximum drawdown, IBDV dropped -21.85% vs BSCU's -22.34%.
On 5-year performance, IBDV leads with 0.95% vs 0.84% for BSCU. Both ETFs have the same 0.10% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBDV has performed better with a 0.95% return vs 0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDV and BSCU have the same expense ratio: 0.10% per year.
BSCU has the higher dividend yield at 4.62%, compared with 4.60% for IBDV.
IBDV tracks Bloomberg December 2030 Maturity Corporate Index, while BSCU tracks NASDAQ BulletShares USD Corporate Bond 2030 Index. They also come from different issuers: iShares and Invesco.
IBDV currently has the higher Sharpe Ratio (1.69 vs 1.69), 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.
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