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Launched

INVESCO BULLETSHARES 2036 CORPORATE BOND ETF

BSCANasdaqD

$19.050.00 (+0.02%)

At close: Oct 13, 2026, 4:00 PM

D35/ 100

Rank 40 of 43 in Defined-Maturity Investment Grade Corporate

D35/100Rank 40 of 43inDefined-Maturity Investment Grade Corporate
Intraday session: up, 36 prints from 19.04 to 19.05. Range 19.03 to 19.08. Use the arrow keys to read each point.19.0319.0619.0719.0810 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$34M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
258
Avg volume · 30D
0M sh
NAV per share
$18.99
52W range
low $18.81high $20.33
Launched

The ETF.net BSCA Grade

Based on 5 of 6 pillars

D

Score 35 out of 100

Category
Defined-Maturity Investment Grade Corporate⁠
Rank
40 of 43
Six-pillar profile for BSCA. Scores out of 100: Cost 49, Risk 18, Mission not scored, Tradability 34, Holdings 36, Durability 13. Strongest: Cost (49). Weakest: Durability (13). Based on 5 of 6 pillars.

Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C49 out of 100
    Rank 12 of 43

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F18 out of 100
    Rank 43 of 43

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D34 out of 100
    Rank 33 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 32 of 42

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F13 out of 100
    Rank 43 of 43

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 Oct 12, 2026
Asset class
Bonds
Holdings
258
Top-10 weight
17%
Largest holding
Meta Platforms Inc 5.25% 05/15/20362.2%
The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Meta Platforms Inc 5.25% 05/15/20362.16%792,000$737K13
002—Amazon.com Inc 4.88% 03/13/20362.13%792,000$729K18
003—Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.70% 02/01/20361.89%704,000$645K11
004—Oracle Corp 5.70% 02/04/20361.69%661,000$579K24
005—Alphabet Inc 5.45% 08/15/20361.69%600,000$578K17
006—Salesforce Inc 5.55% 03/15/20361.66%600,000$569K20
007—Amazon.com Inc 5.30% 07/09/20361.66%599,000$568K15
008—Alphabet Inc 4.80% 02/15/20361.51%561,000$516K13
009—NVIDIA Corp 4.95% 06/15/20361.43%528,000$488K12
010—Abbott Laboratories 4.65% 03/15/20361.34%499,000$456K10
011—USD Pending Dividends1.20%0$411K241
012—Honeywell Aerospace Inc 4.95% 03/16/20361.18%434,000$403K17
013—Home Depot Inc/The 5.88% 12/16/20361.16%396,000$397K14
014—Aon North America Inc / Aon Global Holdings Plc 5.95% 09/17/20361.03%360,000$353K10
015—Intel Corp 5.30% 05/15/20360.82%300,000$280K19

Showing 1–15 of 258 holdings

BSCA Performance

Launched Jun 10, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
BSCA$9,653
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. BSCA $9,653. SPY $10,332. Use the arrow keys to read each point.$9,521$9,964$10,406Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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−1.2%
3 months−3.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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−3.5%

Since listing, Jun 10, 2026

BSCA in the news

Filtered to BSCA · Defined-Maturity Investment Grade Corporate

BSCA Dividends

Last payment
$0.09 per share
Paid 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, 2026Sep 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.

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