Invesco BulletShares 2032 Corporate Bond ETF
$19.700.00 (0.00%)
- 0.10%
- $1.5B
- −1.2%
- 4.98%
- 0.4M sh
- $19.68
- low $19.55high $21.24
The ETF.net BSCW Grade
B
Score 63 out of 100
- 20 of 43
Score 63 of 100 falls in the B 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 100Rank 12 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 26 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B66 out of 100Rank 11 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 21 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 22 of 43
Our read on BSCW
BA rung of a bond ladder in ETF form. BSCW holds investment-grade corporate bonds maturing in 2032, then winds down and terminates on or about Dec. 15, 2032, paying out net assets in cash.
The Fund invests primarily in US dollar-denominated, investment-grade corporate bonds whose effective maturities are in 2032.
Why people hold it
- Behaves like a bond, not a perpetual fund: holdings mature, the fund terminates on or about Dec. 15, 2032, and shareholders receive a cash distribution of net assets.sec.govinvesco.com
- About 300 US dollar investment-grade corporate issues, so no single borrower carries the outcome. Income is paid monthly.
- 0.10% expense ratio on a multi-billion-dollar fund that trades with steady volume, so building or unwinding a ladder rung is straightforward.
- Hugs its Nasdaq BulletShares 2032 index tightly, one of the stronger implementations among target-maturity bond ETFs.
Worth knowing
- No predetermined payout. The fund does not target a set amount of cash at maturity, so the final distribution depends on what the bonds are worth as they mature.sec.gov
- In the final six months the matured bonds roll into cash and equivalents such as T-bills and commercial paper, so the portfolio drifts toward cash before the end date.sec.gov
- The fee matches the category median rather than undercutting it; some rival rungs (VBCB, IBTJ) list lower, and corporate credit brings downgrade and default risk Treasury ladders do not.
BSCW Holdings
- Bonds
- 327
- 10%
- Meta Platforms Inc 4.60% 11/15/2032
Sectors
- Financials100.0%
Geography
- United States90.32%
- Canada5.26%
- Ireland1.31%
- Japan1.05%
- Netherlands0.64%
- Luxembourg0.58%
- France0.42%
- United Kingdom0.41%
BSCW Performance
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.
BSCW$9,883
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.
| Period | BSCW |
|---|---|
| Year to date | −2.2% |
| 1 month | −0.6% |
| 3 months | −2.3% |
| 1 year | −1.2% |
| 3 years | +6.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BSCW |
|---|---|---|
| 2026 YTD | −2.2% | |
| 2025 | +9.0% | |
| 2024 | +2.2% | |
| 2023 | +9.3% | |
| 2022 | +0.3% |
BSCW in the news
BSCW Dividends
- 4.98%
- $0.98
- $0.08 per share
- Monthly
Distribution history
BSCW Risk
- 6.6%
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.
- 0.21
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.
- −8.3%
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.
- 1.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BSCW Cost
0.10%
BSCW0.10%
- 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.
Other funds in Defined-Maturity Investment Grade Corporate
- BIBDYiShares iBonds Dec 2033 Term Corporate ETFExpense ratio 0.10%1 year return −1.3%
- BVBCEVanguard Target Maturity 2031 Corporate Bond ETFExpense ratio 0.08%1 year return —
- BVBCIVanguard Target Maturity 2035 Corporate Bond ETFExpense ratio 0.08%1 year return —
- BBSCQInvesco BulletShares 2026 Corporate Bond ETFExpense ratio 0.10%1 year return +3.9%
- BBSCXInvesco BulletShares 2033 Corporate Bond ETFExpense ratio 0.10%1 year return −1.6%