PCCE vs. BSCQ

Last updated Jul 18, 2026

PCCE (Polen Capital China Growth ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - PCCE is a China Equities fund actively managed by Polen, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. PCCE is actively managed, while BSCQ is passively managed. Over the past year, PCCE returned -3.77% vs 4.29% for BSCQ. At a 0.02 correlation, their price movements are largely independent. PCCE charges 1.00%/yr vs 0.10%/yr for BSCQ.

Performance

PCCE vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Capital China Growth ETF (PCCE) 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, PCCE achieves a -7.14% return, which is significantly lower than BSCQ's 1.99% return.

PCCE

• 1D: -2.26%
• 1M: -2.05%
• 6M: -10.02%
• YTD: -7.14%
• 1Y: -3.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCQ

• 1D: 0.05%
• 1M: 0.31%
• 6M: 1.81%
• YTD: 1.99%
• 1Y: 4.29%
• 3Y*: 5.11%
• 5Y*: 1.50%
• 10Y*: —

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

PCCE vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PCCE Polen Capital China Growth ETF	-7.14%	23.07%	10.79%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.99%	5.02%	4.72%

Correlation

The correlation between PCCE and BSCQ is -0.05, 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	-0.05
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024	0.02

Return for Risk

PCCE vs. BSCQ — Risk / Return Rank

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

PCCE

PCCE Risk / Return Rank: 8
PCCE Sharpe Ratio Rank: 8
PCCE Sortino Ratio Rank: 8
PCCE Omega Ratio Rank: 8
PCCE Calmar Ratio Rank: 8
PCCE Martin Ratio Rank: 8

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.

PCCE vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Capital China Growth ETF (PCCE) 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.

	PCCE	BSCQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	7.13	-7.32
Sortino ratio: Return per unit of downside risk	-0.13	15.94	-16.07
Omega ratio: Gain probability vs. loss probability	0.98	3.48	-2.50
Calmar ratio: Return relative to maximum drawdown	-0.23	42.15	-42.38
Martin ratio: Return relative to average drawdown	-0.44	182.88	-183.31

PCCE vs. BSCQ - Sharpe Ratio Comparison

The current PCCE Sharpe Ratio is -0.19, which is lower than the BSCQ Sharpe Ratio of 7.13. The chart below compares the historical Sharpe Ratios of PCCE 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

PCCE vs. BSCQ - Drawdown Comparison

The maximum PCCE drawdown since its inception was -26.38%, which is greater than BSCQ's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for PCCE and BSCQ.

Drawdown Indicators

	PCCE	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-26.38%	-16.50%	-9.88%
Max Drawdown (1Y) Largest decline over 1 year	-16.59%	-0.10%	-16.49%
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	-15.26%	0.00%	-15.26%
Average Drawdown Average peak-to-trough decline	-10.12%	-2.81%	-7.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.66%	0.02%	+8.64%

Volatility

PCCE vs. BSCQ - Volatility Comparison

Polen Capital China Growth ETF (PCCE) has a higher volatility of 7.03% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.15%. This indicates that PCCE'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

	PCCE	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	0.15%	+6.88%
Volatility (6M) Calculated over the trailing 6-month period	15.19%	0.43%	+14.76%
Volatility (1Y) Calculated over the trailing 1-year period	19.88%	0.60%	+19.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.04%	3.28%	+22.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.04%	4.74%	+21.30%

PCCE vs. BSCQ - Expense Ratio Comparison

PCCE has a 1.00% expense ratio, which is higher than BSCQ's 0.10% expense ratio.

Dividends

PCCE vs. BSCQ - Dividend Comparison

PCCE's dividend yield for the trailing twelve months is around 2.46%, 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%
PCCE Polen Capital China Growth ETF	2.46%	2.29%	1.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PCCE and BSCQ in my portfolio?

PCCE and BSCQ have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PCCE or BSCQ?

PCCE has higher volatility (7.03%) compared to BSCQ (0.15%). In terms of maximum drawdown, PCCE dropped -26.38% vs BSCQ's -16.50%.

Which ETF is better, PCCE or BSCQ?

On 1-year performance, BSCQ leads with 4.29% vs -3.77% for PCCE. 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, PCCE or BSCQ?

Over the 1-year period, BSCQ has performed better with a 4.29% return vs -3.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PCCE or BSCQ?

BSCQ is cheaper with a 0.10% expense ratio, compared with 1.00% for PCCE.

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

BSCQ has the higher dividend yield at 4.10%, compared with 2.46% for PCCE.

What is the main difference between PCCE and BSCQ?

PCCE is categorized as China Equities, while BSCQ is Corporate Bonds. They also come from different issuers: Polen and Invesco. Their fees differ too: 1.00% for PCCE and 0.10% for BSCQ.

Which has better risk-adjusted returns?

BSCQ currently has the higher Sharpe Ratio (7.13 vs -0.19), 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.