OTGL vs. BSCQ

Last updated Jul 15, 2026

OTGL (OTG Latin America ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - OTGL is a Latin America Equities fund tracking the Actively Managed, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. Over the past year, OTGL returned 22.80% vs 4.29% for BSCQ. At a correlation of -0.02, they often move in opposite directions. OTGL charges 0.95%/yr vs 0.10%/yr for BSCQ.

Performance

OTGL vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OTG Latin America ETF (OTGL) 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, OTGL achieves a 8.07% return, which is significantly higher than BSCQ's 1.91% return.

OTGL

• 1D: 0.95%
• 1M: -0.09%
• 6M: 3.42%
• YTD: 8.07%
• 1Y: 22.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCQ

• 1D: 0.03%
• 1M: 0.31%
• 6M: 1.83%
• YTD: 1.91%
• 1Y: 4.29%
• 3Y*: 5.14%
• 5Y*: 1.48%
• 10Y*: —

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

OTGL vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025
OTGL OTG Latin America ETF	8.07%	13.64%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.91%	2.33%

Correlation

The correlation between OTGL and BSCQ is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	-0.02

Return for Risk

OTGL vs. BSCQ — Risk / Return Rank

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

OTGL

OTGL Risk / Return Rank: 40
OTGL Sharpe Ratio Rank: 42
OTGL Sortino Ratio Rank: 40
OTGL Omega Ratio Rank: 41
OTGL Calmar Ratio Rank: 41
OTGL Martin Ratio Rank: 37

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.

OTGL vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OTG Latin America ETF (OTGL) 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.

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.

	OTGL	BSCQ	Difference
Sharpe ratio: Return per unit of total volatility	1.21	7.15	-5.94
Sortino ratio: Return per unit of downside risk	1.73	15.94	-14.20
Omega ratio: Gain probability vs. loss probability	1.22	3.48	-2.27
Calmar ratio: Return relative to maximum drawdown	1.69	42.15	-40.45
Martin ratio: Return relative to average drawdown	4.55	182.88	-178.33

OTGL vs. BSCQ - Sharpe Ratio Comparison

The current OTGL Sharpe Ratio is 1.21, which is lower than the BSCQ Sharpe Ratio of 7.15. The chart below compares the historical Sharpe Ratios of OTGL 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.

Drawdowns

OTGL vs. BSCQ - Drawdown Comparison

The maximum OTGL drawdown since its inception was -13.52%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for OTGL and BSCQ.

Drawdown Indicators

	OTGL	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-16.50%	+2.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.52%	-0.10%	-13.42%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.02%	—
Current Drawdown Current decline from peak	-6.87%	-0.03%	-6.84%
Average Drawdown Average peak-to-trough decline	-3.61%	-2.82%	-0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.02%	0.02%	+5.00%

Volatility

OTGL vs. BSCQ - Volatility Comparison

OTG Latin America ETF (OTGL) has a higher volatility of 3.79% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.15%. This indicates that OTGL'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

	OTGL	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	0.15%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	15.44%	0.43%	+15.01%
Volatility (1Y) Calculated over the trailing 1-year period	18.95%	0.60%	+18.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.95%	3.28%	+15.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.95%	4.74%	+14.21%

OTGL vs. BSCQ - Expense Ratio Comparison

OTGL has a 0.95% expense ratio, which is higher than BSCQ's 0.10% expense ratio.

Dividends

OTGL vs. BSCQ - Dividend Comparison

OTGL's dividend yield for the trailing twelve months is around 2.76%, less than BSCQ's 4.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.10%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%
OTGL OTG Latin America ETF	2.76%	1.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OTGL and BSCQ in my portfolio?

OTGL and BSCQ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OTGL or BSCQ?

OTGL has higher volatility (3.79%) compared to BSCQ (0.15%). In terms of maximum drawdown, OTGL dropped -13.52% vs BSCQ's -16.50%.

Which ETF is better, OTGL or BSCQ?

On 1-year performance, OTGL leads with 22.80% vs 4.29% for BSCQ. On fees, BSCQ is cheaper at 0.10% per year. On volatility, BSCQ has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OTGL or BSCQ?

Over the 1-year period, OTGL has performed better with a 22.80% return vs 4.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OTGL or BSCQ?

BSCQ is cheaper with a 0.10% expense ratio, compared with 0.95% for OTGL.

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

BSCQ has the higher dividend yield at 4.10%, compared with 2.76% for OTGL.

What is the main difference between OTGL and BSCQ?

OTGL is categorized as Latin America Equities, while BSCQ is Corporate Bonds. OTGL tracks Actively Managed, while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index. They also come from different issuers: OTG and Invesco. Their fees differ too: 0.95% for OTGL and 0.10% for BSCQ.

Which has better risk-adjusted returns?

BSCQ currently has the higher Sharpe Ratio (7.15 vs 1.21), 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.