WOBDX vs. BSCS

Last updated Jun 4, 2026

WOBDX (JPMorgan Core Bond Fund) and BSCS (Invesco BulletShares 2028 Corporate Bond ETF) are both funds - WOBDX is a Intermediate Core Bond fund managed by JPMorgan, while BSCS is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2028 TR Index. Over the past 5 years, WOBDX returned 0.52%/yr vs 1.39%/yr for BSCS. A 0.79 correlation means they provide meaningful diversification when combined. WOBDX charges 0.50%/yr vs 0.10%/yr for BSCS.

Performance

WOBDX vs. BSCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Core Bond Fund (WOBDX) and Invesco BulletShares 2028 Corporate Bond ETF (BSCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WOBDX achieves a 0.35% return, which is significantly lower than BSCS's 0.76% return.

WOBDX

• 1D: 0.00%
• 1M: 0.34%
• YTD: 0.35%
• 6M: 0.11%
• 1Y: 5.34%
• 3Y*: 4.21%
• 5Y*: 0.52%
• 10Y*: 1.91%

BSCS

• 1D: -0.05%
• 1M: 0.25%
• YTD: 0.76%
• 6M: 1.17%
• 1Y: 4.61%
• 3Y*: 5.45%
• 5Y*: 1.39%
• 10Y*: —

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

WOBDX vs. BSCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WOBDX JPMorgan Core Bond Fund	0.35%	7.38%	1.97%	5.79%	-12.35%	-1.11%	8.13%	8.34%	1.50%
BSCS Invesco BulletShares 2028 Corporate Bond ETF	0.76%	7.04%	3.87%	7.62%	-11.24%	-1.89%	10.17%	15.41%	-0.40%

Correlation

The correlation between WOBDX and BSCS is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Aug 10, 2018	0.79

The correlation between WOBDX and BSCS shifts across timeframes, from 0.76 (1 year) to 0.87 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

WOBDX vs. BSCS — Risk / Return Rank

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

WOBDX

WOBDX Risk / Return Rank: 22
WOBDX Sharpe Ratio Rank: 23
WOBDX Sortino Ratio Rank: 24
WOBDX Omega Ratio Rank: 21
WOBDX Calmar Ratio Rank: 22
WOBDX Martin Ratio Rank: 20

BSCS

BSCS Risk / Return Rank: 87
BSCS Sharpe Ratio Rank: 84
BSCS Sortino Ratio Rank: 93
BSCS Omega Ratio Rank: 90
BSCS Calmar Ratio Rank: 81
BSCS Martin Ratio Rank: 86

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.

WOBDX vs. BSCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Core Bond Fund (WOBDX) and Invesco BulletShares 2028 Corporate Bond ETF (BSCS). 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.

	WOBDX	BSCS	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.75	-1.39
Sortino ratio: Return per unit of downside risk	2.03	4.60	-2.57
Omega ratio: Gain probability vs. loss probability	1.24	1.58	-0.34
Calmar ratio: Return relative to maximum drawdown	1.76	4.29	-2.53
Martin ratio: Return relative to average drawdown	5.29	18.35	-13.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WOBDX vs. BSCS - Sharpe Ratio Comparison

The current WOBDX Sharpe Ratio is 1.36, which is lower than the BSCS Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of WOBDX and BSCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WOBDX	BSCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.75	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.28	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	0.60	+0.58

Drawdowns

WOBDX vs. BSCS - Drawdown Comparison

The maximum WOBDX drawdown since its inception was -16.65%, smaller than the maximum BSCS drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for WOBDX and BSCS.

Drawdown Indicators

	WOBDX	BSCS	Difference
Max Drawdown Largest peak-to-trough decline	-16.65%	-18.40%	+1.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.99%	-1.08%	-1.91%
Max Drawdown (3Y) Largest decline over 3 years	-5.96%	-3.14%	-2.82%
Max Drawdown (5Y) Largest decline over 5 years	-16.65%	-17.63%	+0.98%
Max Drawdown (10Y) Largest decline over 10 years	-16.65%	—	—
Current Drawdown Current decline from peak	-1.70%	-0.10%	-1.60%
Average Drawdown Average peak-to-trough decline	-1.90%	-4.20%	+2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	0.25%	+0.74%

Volatility

WOBDX vs. BSCS - Volatility Comparison

JPMorgan Core Bond Fund (WOBDX) has a higher volatility of 1.29% compared to Invesco BulletShares 2028 Corporate Bond ETF (BSCS) at 0.37%. This indicates that WOBDX's price experiences larger fluctuations and is considered to be riskier than BSCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WOBDX	BSCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.29%	0.37%	+0.92%
Volatility (6M) Calculated over the trailing 6-month period	2.76%	1.01%	+1.75%
Volatility (1Y) Calculated over the trailing 1-year period	3.89%	1.68%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.69%	4.92%	+0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	6.24%	-1.53%

WOBDX vs. BSCS - Expense Ratio Comparison

WOBDX has a 0.50% expense ratio, which is higher than BSCS's 0.10% expense ratio.

Dividends

WOBDX vs. BSCS - Dividend Comparison

WOBDX's dividend yield for the trailing twelve months is around 4.07%, less than BSCS's 4.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSCS Invesco BulletShares 2028 Corporate Bond ETF	4.46%	4.46%	4.54%	3.90%	2.72%	2.14%	2.50%	3.04%	1.42%	0.00%	0.00%	0.00%
WOBDX JPMorgan Core Bond Fund	4.07%	3.97%	3.95%	3.51%	2.68%	2.82%	4.00%	3.23%	2.91%	2.88%	2.84%	2.54%

Frequently Asked Questions

Can I hold both WOBDX and BSCS in my portfolio?

WOBDX and BSCS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WOBDX or BSCS?

WOBDX has higher volatility (1.29%) compared to BSCS (0.37%). In terms of maximum drawdown, WOBDX dropped -16.65% vs BSCS's -18.40%.

Which has better risk-adjusted returns?

BSCS currently has the higher Sharpe Ratio (2.75 vs 1.36), 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.