PCI vs. BSCQ

Last updated Jun 6, 2026

PCI (PGIM Corporate Bond 5-10 Year ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds. PCI is actively managed, while BSCQ is passively managed. At a 0.04 correlation, their price movements are largely independent. PCI charges 0.25%/yr vs 0.10%/yr for BSCQ.

Performance

PCI vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Corporate Bond 5-10 Year ETF (PCI) 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, PCI achieves a 0.25% return, which is significantly lower than BSCQ's 1.55% return.

PCI

• 1D: -0.57%
• 1M: -0.79%
• YTD: 0.25%
• 6M: 0.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCQ

• 1D: 0.00%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.92%
• 1Y: 4.39%
• 3Y*: 5.06%
• 5Y*: 1.47%
• 10Y*: —

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

PCI vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025
PCI PGIM Corporate Bond 5-10 Year ETF	0.25%	2.96%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.55%	1.98%

Correlation

The correlation between PCI and BSCQ is 0.04, 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 (All Time) Calculated using the full available price history since Aug 4, 2025	0.04

Return for Risk

PCI vs. BSCQ — Risk / Return Rank

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

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.

PCI vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 5-10 Year ETF (PCI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PCI	BSCQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	7.01	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.60	+0.32

Drawdowns

PCI vs. BSCQ - Drawdown Comparison

The maximum PCI drawdown since its inception was -3.04%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for PCI and BSCQ.

Drawdown Indicators

	PCI	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.04%	-16.50%	+13.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.02%	—
Current Drawdown Current decline from peak	-1.40%	0.00%	-1.40%
Average Drawdown Average peak-to-trough decline	-0.58%	-2.85%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.02%	—

Volatility

Volatility by Period

	PCI	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.17%	0.63%	+3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.17%	3.29%	+0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.17%	4.77%	-0.60%

PCI vs. BSCQ - Expense Ratio Comparison

PCI has a 0.25% expense ratio, which is higher than BSCQ's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PCI vs. BSCQ - Dividend Comparison

PCI's dividend yield for the trailing twelve months is around 4.60%, 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%
PCI PGIM Corporate Bond 5-10 Year ETF	4.60%	2.18%	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 PCI and BSCQ in my portfolio?

PCI and BSCQ have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PCI or BSCQ?

On fees, BSCQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PCI or BSCQ?

BSCQ is cheaper with a 0.10% expense ratio, compared with 0.25% for PCI.

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

PCI has the higher dividend yield at 4.60%, compared with 4.12% for BSCQ.

What is the main difference between PCI and BSCQ?

They also come from different issuers: PGIM and Invesco. Their fees differ too: 0.25% for PCI and 0.10% for BSCQ.