VCLT vs. BSCR

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Long-Term Corporate Bond ETF (VCLT) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR).

VCLT and BSCR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 10+ Year Corporate Index. It was launched on Nov 19, 2009. BSCR is a passively managed fund by Invesco that tracks the performance of the NASDAQ Bulletshares® USD Corporate Bond 2027 Index. It was launched on Sep 27, 2017. Both VCLT and BSCR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VCLT vs. BSCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Long-Term Corporate Bond ETF (VCLT) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). The values are adjusted to include any dividend payments, if applicable.

VCLT vs. BSCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VCLT Vanguard Long-Term Corporate Bond ETF	-0.48%	7.18%	-1.90%	11.17%	-25.50%	-1.73%	13.27%	23.89%	-7.04%	3.64%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	0.51%	5.77%	4.52%	6.41%	-9.56%	-1.72%	9.68%	14.88%	-2.63%	0.81%

Returns By Period

In the year-to-date period, VCLT achieves a -0.48% return, which is significantly lower than BSCR's 0.51% return.

VCLT

• 1D: 0.16%
• 1M: -2.31%
• YTD: -0.48%
• 6M: -1.46%
• 1Y: 3.64%
• 3Y*: 3.12%
• 5Y*: -1.70%
• 10Y*: 2.47%

BSCR

• 1D: 0.05%
• 1M: -0.11%
• YTD: 0.51%
• 6M: 1.59%
• 1Y: 4.62%
• 3Y*: 4.86%
• 5Y*: 1.55%
• 10Y*: —

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

VCLT vs. BSCR - Expense Ratio Comparison

VCLT has a 0.04% expense ratio, which is lower than BSCR'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%.

BSCR

Invesco BulletShares 2027 Corporate Bond ETF

VCLT

Vanguard Long-Term Corporate Bond ETF

Return for Risk

VCLT vs. BSCR — Risk / Return Rank

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

VCLT

VCLT Risk / Return Rank: 23
VCLT Sharpe Ratio Rank: 21
VCLT Sortino Ratio Rank: 19
VCLT Omega Ratio Rank: 19
VCLT Calmar Ratio Rank: 31
VCLT Martin Ratio Rank: 24

BSCR

BSCR Risk / Return Rank: 98
BSCR Sharpe Ratio Rank: 98
BSCR Sortino Ratio Rank: 98
BSCR Omega Ratio Rank: 98
BSCR Calmar Ratio Rank: 98
BSCR Martin Ratio Rank: 98

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.

VCLT vs. BSCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond ETF (VCLT) and Invesco BulletShares 2027 Corporate Bond ETF (BSCR). 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.

	VCLT	BSCR	Difference
Sharpe ratio Return per unit of total volatility	0.36	3.14	-2.78
Sortino ratio Return per unit of downside risk	0.54	4.95	-4.41
Omega ratio Gain probability vs. loss probability	1.07	1.80	-0.72
Calmar ratio Return relative to maximum drawdown	0.78	5.68	-4.90
Martin ratio Return relative to average drawdown	1.80	29.17	-27.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VCLT vs. BSCR - Sharpe Ratio Comparison

The current VCLT Sharpe Ratio is 0.36, which is lower than the BSCR Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of VCLT and BSCR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VCLT	BSCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	3.14	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.38	-0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.58	-0.19

Correlation

The correlation between VCLT and BSCR is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

VCLT vs. BSCR - Dividend Comparison

VCLT's dividend yield for the trailing twelve months is around 5.64%, more than BSCR's 4.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VCLT Vanguard Long-Term Corporate Bond ETF	5.64%	5.51%	5.19%	4.67%	4.44%	3.07%	3.16%	3.81%	4.55%	4.01%	4.33%	4.68%
BSCR Invesco BulletShares 2027 Corporate Bond ETF	4.30%	4.26%	4.27%	3.74%	2.65%	2.12%	2.46%	3.11%	3.35%	0.78%	0.00%	0.00%

Drawdowns

VCLT vs. BSCR - Drawdown Comparison

The maximum VCLT drawdown since its inception was -34.31%, which is greater than BSCR's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for VCLT and BSCR.

Drawdown Indicators

	VCLT	BSCR	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-17.26%	-17.05%
Max Drawdown (1Y) Largest decline over 1 year	-5.39%	-0.81%	-4.58%
Max Drawdown (5Y) Largest decline over 5 years	-34.31%	-14.87%	-19.44%
Max Drawdown (10Y) Largest decline over 10 years	-34.31%	—	—
Current Drawdown Current decline from peak	-15.60%	-0.14%	-15.46%
Average Drawdown Average peak-to-trough decline	-8.09%	-3.41%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	0.16%	+2.17%

Volatility

VCLT vs. BSCR - Volatility Comparison

Vanguard Long-Term Corporate Bond ETF (VCLT) has a higher volatility of 3.99% compared to Invesco BulletShares 2027 Corporate Bond ETF (BSCR) at 0.36%. This indicates that VCLT's price experiences larger fluctuations and is considered to be riskier than BSCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCLT	BSCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	0.36%	+3.63%
Volatility (6M) Calculated over the trailing 6-month period	5.62%	0.62%	+5.00%
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	1.48%	+8.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	4.12%	+8.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.84%	5.40%	+7.44%