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BSCA

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INVESCO BULLETSHARES 2036 CORPORATE BOND ETF

Target Maturity Bond · Invesco · Inception 2026-06-10

$19.14−0.25 (−1.31%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Jun 10, 2026.History starts Jun 10, 2026.History starts Jun 10, 2026.
Intraday session: down, 28 prints from 19.39 to 19.14. Range 19.12 to 19.33. Use the arrow keys to read each point.$19.10$19.20$19.3010 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$20M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
244
Volume · 30D
0M sh
NAV per share
$19.37
52W range
low $19.32high $20.33

The ETF.net BSCA Grade

D

37/ 100

Rank 39 of 43 in Defined-Maturity Investment Grade Corporate⁠

Confidence Medium

Six-pillar profile for BSCA. Scores out of 100: Cost 49, Risk 19, Mission not scored, Tradability 44, Holdings 35, Durability 12. Strongest: Cost (49). Weakest: Durability (12). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 49
    Category rank12/43 · top 28%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 19
    Category rank43/43 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 44
    Category rank22/43 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 35
    Category rank34/42 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 12
    Category rank43/43 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BSCA

ETF.net Research

DThe far rung of Invesco's BulletShares ladder: a couple hundred investment-grade corporate bonds that all effectively mature in 2036, inside a fund that winds up and pays out cash on or about December 15, 2036.

Stated mandate

The fund seeks to track a portfolio of U.S.-dollar-denominated, investment-grade corporate bonds that mature effectively in 2036.

Why people hold it

  1. 01Real end date: the fund terminates on or about December 15, 2036 and pays its net assets out in cash, giving a maturity date most bond funds never offer.sec.gov
  2. 02Fee runs 0.10%, level with the typical target-maturity corporate bond ETF and the same sticker Invesco puts on shorter rungs like BSCR.
  3. 03Callable bonds are slotted by effective maturity (when the issuer is likely to call), so the basket is built around cash coming back near the target year.sec.gov
  4. 04A ladder piece by design: stack several BulletShares years and you set your own rungs, with this one marking the roughly ten-year end of the line.sec.gov

Worth knowing

  1. 01The final payout is whatever the portfolio is worth. Invesco states the fund does not seek to distribute any predetermined amount of cash at maturity.sec.gov
  2. 02A 2036 bullet carries about a decade of interest-rate and corporate credit exposure before that cash distribution arrives.
  3. 03Launched in 2026, it is still small and thinly traded next to the long-established short rungs, so bid-ask spreads can run wider.

BSCA Holdings

As of Sep 20, 2026, 1:55 PM
Asset class
Bonds
Holdings
244
Top-10 weight
18%
Largest holding
Meta Platforms Inc 5.25% 05/15/20362.3%
The fund’s holdings, weight-ordered — page 1 of 17.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Meta Platforms Inc 5.25% 05/15/20362.29%492,000$467K15
002—Amazon.com Inc 4.88% 03/13/20362.27%492,000$461K18
003—Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.70% 02/01/20361.99%434,000$404K10
004—Oracle Corp 5.70% 02/04/20361.84%411,000$375K24
005—Alphabet Inc 5.45% 08/15/20361.78%370,000$362K16
006—Salesforce Inc 5.55% 03/15/20361.76%370,000$357K20
007—Amazon.com Inc 5.30% 07/09/20361.75%369,000$356K13
008—Alphabet Inc 4.80% 02/15/20361.62%351,000$329K13
009—NVIDIA Corp 4.95% 06/15/20361.52%328,000$308K13
010—Abbott Laboratories 4.65% 03/15/20361.41%309,000$288K12
011—Home Depot Inc/The 5.88% 12/16/20361.23%246,000$250K13
012—Honeywell Aerospace Inc 4.95% 03/16/20361.22%264,000$249K18
013—USD Pending Dividends1.09%0$223K240
014—Broadcom Inc 3.19% 11/15/20360.85%221,000$173K14
015—Intel Corp 5.30% 05/15/20360.84%180,000$171K20

Showing 1–15 of 246 holdings

BSCA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BSCA$9,784
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. BSCA $9,784. SPY $10,415. Use the arrow keys to read each point.$9,659$10,084$10,508Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BSCA. Periods over one year show the average yearly return.
PeriodBSCA
Year to dateFund launched this year—
1 month−0.7%
3 months−2.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BSCA
YearReturn barBSCA
2026 YTD−1.7%

Since listing, Jun 10, 2026

BSCA in the news

BSCA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Upcoming payment
$0.09 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jul 20, 2026 $0.12; Aug 24, 2026 $0.10; Sep 21, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Pays Sep 25, 2026$0.09
Aug 24, 2026Aug 28, 2026$0.10
Jul 20, 2026Jul 24, 2026$0.12

BSCA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.19
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BSCA Cost

Expense ratio0.10%
  • The middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

10 of the 42 Defined-Maturity Investment Grade Corporate funds charge less.

BSCA costs $10.00 a year on $10,000. The median Defined-Maturity Investment Grade Corporate fund costs $10.00.