SCHR vs. BSCN
Compare and contrast key facts about Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Invesco BulletShares 2023 Corporate Bond ETF (BSCN).
SCHR and BSCN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHR is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (3-10 Y). It was launched on Aug 5, 2010. BSCN is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2023 TR Index. It was launched on Sep 17, 2014. Both SCHR and BSCN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHR or BSCN.
Key characteristics
| SCHR | BSCN |
|---|
Correlation
The correlation between SCHR and BSCN is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SCHR vs. BSCN - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SCHR vs. BSCN - Expense Ratio Comparison
SCHR has a 0.05% expense ratio, which is lower than BSCN's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SCHR vs. BSCN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Invesco BulletShares 2023 Corporate Bond ETF (BSCN). 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.
Dividends
SCHR vs. BSCN - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.45%, while BSCN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.45% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% | 1.44% | 1.07% |
BSCN Invesco BulletShares 2023 Corporate Bond ETF | 2.87% | 3.69% | 1.51% | 1.56% | 2.36% | 2.92% | 2.88% | 2.67% | 2.88% | 2.88% | 0.72% | 0.00% |
Drawdowns
SCHR vs. BSCN - Drawdown Comparison
Volatility
SCHR vs. BSCN - Volatility Comparison
Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a higher volatility of 1.14% compared to Invesco BulletShares 2023 Corporate Bond ETF (BSCN) at 0.00%. This indicates that SCHR's price experiences larger fluctuations and is considered to be riskier than BSCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.