Invesco BulletShares 2032 High Yield Corporate Bond ETF
$24.34−0.10 (−0.39%)
- 0.42%
- $51M
- +2.3%
- 6.86%
- 0M sh
- $24.33
- low $24.12high $26.00
The ETF.net BSJW Grade
C
Score 48 out of 100
- 15 of 21
Score 48 of 100 falls in the C 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.F23 out of 100Rank 13 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.A87 out of 100Rank 13 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 16 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 9 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 15 of 21Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 13 of 21
Our read on BSJW
CA junk-bond portfolio with an expiration date. BSJW holds roughly 190 high yield corporate bonds maturing in 2032, then unwinds and returns remaining capital on or about Dec. 15 of that year.
The Fund seeks to track the BulletShares USD High Yield Corporate Bond 2032 Index before fees and expenses, investing at least 80% of total assets in the index's corporate bonds.
Why people hold it
- Acts like a bond, trades like a fund: it terminates on or about Dec. 15, 2032 and pays out what is left, instead of rolling its maturities forever.invesco.com
- Spreads high yield credit risk across roughly 190 corporate bonds, rebalanced monthly, with income distributed monthly.invesco.com
- One rung in Invesco's BulletShares high yield ladder, and among the longest dated, so multiple target years can be stacked into a ladder.invesco.com
Worth knowing
- The 0.42% fee runs about four times the 0.10% typical of target-maturity funds, including Invesco's own investment-grade rungs like BSCT and BSCU.
- A small, thinly traded fund, so spreads can widen and large orders can move the price.
- High yield means default risk. What the 2032 payout is worth depends on what the underlying bonds actually repay.invesco.com
BSJW Holdings
- Bonds
- 201
- 17%
- 1261229 BC Ltd 10.00% 04/15/2032
Sectors
- Financials100.0%
BSJW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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BSJW$10,228
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 | BSJW |
|---|---|
| Year to date | −0.6% |
| 1 month | −1.6% |
| 3 months | −1.9% |
| 1 year | +2.3% |
| 3 years | — |
| 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 | BSJW |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +9.8% | |
| 2024 | +3.6% |
BSJW in the news
BSJW Dividends
- 6.86%
- $1.68
- $0.13 per share
- Monthly
Distribution history
BSJW Risk
- 4.7%
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.
- 0.23
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.
- −4.5%
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.
- 0.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BSJW Cost
0.42%
BSJW0.42%
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
12 of the 21 Defined-Maturity High Yield funds charge less.
Other funds in Defined-Maturity High Yield
- CBSJSInvesco BulletShares 2028 High Yield Corporate Bond ETFExpense ratio 0.42%1 year return +4.5%
- CBSJVInvesco BulletShares 2031 High Yield Corporate Bond ETFExpense ratio 0.42%1 year return +1.8%
- CBSJXInvesco BulletShares 2033 High Yield Corporate Bond ETFExpense ratio 0.42%1 year return +2.1%
- CMYHEState Street My2031 High Yield Corporate Bond ETFExpense ratio 0.39%1 year return —
- CMYHAState Street My2027 High Yield Corporate Bond ETFExpense ratio 0.39%1 year return —