Invesco BulletShares 2028 Corporate Bond ETF (BSCS) Performance
BSCS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.6% since Dec 31, 2025
- 1 year
- +2.4% total return
- 5 years
- +1.6% a year
- Since first price
- +3.7% a year since 2018
BSCS trailing returns vs AGG, TLT, SPY
| Period | BSCS total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.7% | −0.4% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.0% | −1.2% | −1.5% | −3.8% | +7.8% |
| YTD | +1.6% | −2.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.4% | −2.0% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.3%+6.3%/yr | +5.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +8.0%+1.6%/yr | −11.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionAug 9, 2018 | +35.0%+3.7%/yr | +0.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BSCS vs AGG
From Aug 9, 2018: BSCS grew to $13,498, AGG to $11,500.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BSCS returns by calendar year
5 of 7 full years positive. Best 2019 (+15.7%), worst 2022 (−11.2%). 2026 is year to date.
BSCS annual returns table
| Year | BSCS | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.6% | −1.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.0% | −1.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.9% | −2.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.6% | −3.9% | +5.7% | +2.8% | +26.2% |
| 2022 | −11.2% | −15.4% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.9% | −4.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +10.2% | −18.4% | +7.5% | +18.2% | +18.3% |
| 2019 | +15.7% | −2.5% | +8.5% | +14.1% | +31.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BSCS largest drawdowns
Now 0.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 4, 2020 | −18.4% | Mar 20, 2020 | Jun 9, 2020 | 16 days | 3 months |
| Aug 2, 2021 | −17.6% | Oct 20, 2022 | Jun 4, 2025 | 1.2 years | 3.8 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BSCS risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +5.9% | +1.3% | +3.6% |
| Volatility (annualized) | 3.4% | 5.7% | 6.5% |
| Sharpe ratio | 0.43 | -0.39 | 0.18 |
| Sortino ratio | 0.73 | -0.51 | 0.26 |
| Best month | +3.7% | +3.8% | +6.3% |
| Worst month | −1.4% | −3.9% | −8.3% |
| Best 12 months | +11.0% | +11.0% | +17.0% |
| Worst 12 months | +2.2% | −14.7% | −14.7% |
| Positive months | 78% | 62% | 61% |
| Beta vs S&P 500 | 0.13 | 0.24 | — |
| Correlation with S&P 500 | 0.49 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BSCS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 87 | −14.7% | +4.6% | +17.0% | 79% |
| 3-year (a year) | 63 | −3.2% | +1.6% | +8.3% | 54% |
| 5-year (a year) | 39 | +0.6% | +1.5% | +3.6% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
BSCS performance overview
Invesco BulletShares 2028 Corporate Bond ETF (BSCS) returned +2.4% over the past year and +1.6% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +3.7% a year, turning $10,000 into about $13,498. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −18.4%, from Mar 4, 2020 to Mar 20, 2020, and it took 3 months to get back to the old high. BSCS finished 5 of its 7 full calendar years with a gain; the best year was 2019 (+15.7%) and the worst 2022 (−11.2%). Volatility has been 6.5% a year.
Related: BSCS chart, BSCS dividends, BSCS bond profile. See the BSCS overview for the latest quote and fund facts.
BSCS performance FAQ
What is the BSCS return over the past year?
BSCS returned +2.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.0%.
What is the average annual return of BSCS?
BSCS has returned +1.6% a year over 5 years, +3.7% a year since August 9, 2018 (total return, distributions reinvested).
How much would $10,000 invested in BSCS be worth?
$10,000 invested in BSCS at its first recorded close on August 9, 2018 would be worth about $13,498 on October 23, 2026 with distributions reinvested.
What was the worst year for BSCS?
The worst calendar year was 2022, with a total return of −11.2%. The best was 2019 at +15.7%.
What is the biggest drawdown of BSCS?
The largest peak-to-trough decline was −18.4% between March 4, 2020 and March 20, 2020. It recovered to the old high on June 9, 2020, 3 months after the bottom.
How volatile is BSCS?
Over the past 3 years BSCS had an annualized volatility of 3.4% and a Sharpe ratio of 0.43 (excess return over 1–3 month T-bills per unit of risk).