VBCE vs. BSCQ

Last updated Jun 4, 2026

VBCE (Vanguard Target Maturity 2031 Corporate Bond ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds - VBCE tracks the ICE 2031 Maturity US Corporate Constrained Index while BSCQ tracks the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. At a 0.07 correlation, their price movements are largely independent. VBCE charges 0.08%/yr vs 0.10%/yr for BSCQ.

Performance

VBCE vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Maturity 2031 Corporate Bond ETF (VBCE) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VBCE

• 1D: -0.14%
• 1M: 0.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCQ

• 1D: 0.08%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.92%
• 1Y: 4.41%
• 3Y*: 5.06%
• 5Y*: 1.47%
• 10Y*: —

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

VBCE vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)
VBCE Vanguard Target Maturity 2031 Corporate Bond ETF	1.32%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	0.90%

Correlation

The correlation between VBCE and BSCQ is 0.07, 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 Mar 27, 2026	0.07

Return for Risk

VBCE 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.

VBCE vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2031 Corporate Bond ETF (VBCE) 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

	VBCE	BSCQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	7.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	0.60	+1.44

Drawdowns

VBCE vs. BSCQ - Drawdown Comparison

The maximum VBCE drawdown since its inception was -1.53%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for VBCE and BSCQ.

Drawdown Indicators

	VBCE	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-1.53%	-16.50%	+14.97%
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	-0.65%	0.00%	-0.65%
Average Drawdown Average peak-to-trough decline	-0.44%	-2.85%	+2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.02%	—

Volatility

Volatility by Period

	VBCE	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	3.60%	0.63%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.60%	3.30%	+0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.60%	4.77%	-1.17%

VBCE vs. BSCQ - Expense Ratio Comparison

VBCE has a 0.08% expense ratio, which is lower than BSCQ'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%.

Dividends

VBCE vs. BSCQ - Dividend Comparison

VBCE's dividend yield for the trailing twelve months is around 0.47%, less 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%
VBCE Vanguard Target Maturity 2031 Corporate Bond ETF	0.47%	0.00%	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 VBCE and BSCQ in my portfolio?

VBCE and BSCQ have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VBCE or BSCQ?

On fees, VBCE is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VBCE or BSCQ?

VBCE is cheaper with a 0.08% expense ratio, compared with 0.10% for BSCQ.

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

BSCQ has the higher dividend yield at 4.12%, compared with 0.47% for VBCE.

What is the main difference between VBCE and BSCQ?

VBCE tracks ICE 2031 Maturity US Corporate Constrained Index, while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.08% for VBCE and 0.10% for BSCQ.