XLVI vs. BSCQ
XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - XLVI is a Derivative Income fund actively managed by State Street, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. XLVI is actively managed, while BSCQ is passively managed. At a 0.02 correlation, their price movements are largely independent. XLVI charges 0.35%/yr vs 0.10%/yr for BSCQ.
Performance
XLVI vs. BSCQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLVI achieves a 2.50% return, which is significantly higher than BSCQ's 1.68% return.
XLVI
- 1D
- 1.53%
- 1M
- 2.15%
- YTD
- 2.50%
- 6M
- 2.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSCQ
- 1D
- 0.00%
- 1M
- 0.25%
- YTD
- 1.68%
- 6M
- 1.78%
- 1Y
- 4.21%
- 3Y*
- 5.17%
- 5Y*
- 1.51%
- 10Y*
- —
XLVI vs. BSCQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 2.50% | 12.41% |
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 1.68% | 2.14% |
Correlation
The correlation between XLVI and BSCQ is 0.02, 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 Jul 30, 2025 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XLVI vs. BSCQ — Risk / Return Rank
XLVI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BSCQ
XLVI vs. BSCQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XLVI | BSCQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 3.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 41.36 | — |
| Martin ratioReturn relative to average drawdown | — | 181.24 | — |
Loading charts...
Drawdowns
XLVI vs. BSCQ - Drawdown Comparison
The maximum XLVI drawdown since its inception was -8.14%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for XLVI and BSCQ.
Loading charts...
Drawdown Indicators
| XLVI | BSCQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.14% | -16.50% | +8.36% |
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 DrawdownCurrent decline from peak | -0.97% | -0.03% | -0.94% |
Average DrawdownAverage peak-to-trough decline | -1.94% | -2.83% | +0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.02% | — |
Volatility
XLVI vs. BSCQ - Volatility Comparison
Loading charts...
Volatility by Period
| XLVI | BSCQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.42% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.06% | 0.61% | +10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.06% | 3.29% | +7.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.06% | 4.75% | +6.31% |
XLVI vs. BSCQ - Expense Ratio Comparison
XLVI has a 0.35% expense ratio, which is higher than BSCQ's 0.10% expense ratio.
Dividends
XLVI vs. BSCQ - Dividend Comparison
XLVI's dividend yield for the trailing twelve months is around 11.17%, more than BSCQ's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 4.11% | 4.14% | 4.05% | 3.53% | 2.54% | 1.91% | 2.42% | 2.96% | 3.32% | 2.92% | 0.51% |
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 11.17% | 5.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLVI and BSCQ have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BSCQ is cheaper with a 0.10% expense ratio, compared with 0.35% for XLVI.
XLVI has the higher dividend yield at 11.17%, compared with 4.11% for BSCQ.
XLVI is categorized as Derivative Income, while BSCQ is Corporate Bonds. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.35% for XLVI and 0.10% for BSCQ.
Find the right allocation for XLVI and BSCQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer