Skip to content
etf.net

BSCA vs VBCB

INVESCO BULLETSHARES 2036 CORPORATE BOND ETF

BSCADNasdaq

Vanguard Target Maturity 2028 Corporate Bond ETF

VBCBANasdaq

Overlap

No data

Expense ratio

VBCB −0.02pt a year

BSCA0.10%VBCB0.08%

Avg volume · 30D

BSCA 2.1×the volume

BSCA56.5KVBCB26.8K

BSCA vs VBCB Performance

Aug 7, 2026 – Nov 9, 2026

−0.9%BSCA+0.5%VBCB

Aug 7, 2026 to Nov 9, 2026. BSCA −0.9%. VBCB +0.5%. Use the arrow keys to read each point.−4%−3%−2%0%Aug 2026Sep 2026Nov 2026
Expense ratio
BSCA 0.10%
VBCB 0.08%, better
Fund size
BSCA $44M
VBCB $117M
Holdings
BSCA 265
VBCB 667
Avg volume (30D)
BSCA 56.5K sh, better
VBCB 26.8K sh
NAV per share
BSCA $19.36
VBCB $75.01
52W range

ETF.net Grade

BSCA: Cost 50, Risk 17, Mission not scored, Tradability 33, Holdings 38, Durability 16. VBCB: Cost 89, Risk 88, Mission 100, Tradability 40, Holdings 84, Durability 54.
Pillar letters and Scores for BSCA, VBCB, with each pillar’s weight
PillarBSCAVBCB
Cost30% weightC50A89Higher
Mission25% weightNot scoredA100
Risk15% weightF17A88Higher
Tradability15% weightD33C40Higher
Holdings10% weightD38A84Higher
Durability5% weightF16C54Higher

Rank among Defined-Maturity Investment Grade Corporate funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BSCA and VBCB are both graded against the same 42 Defined-Maturity Investment Grade Corporate funds, so their Grades compare head to head.

Defined-Maturity Investment Grade Corporate⁠

Category · 42 funds
See all 42 ›

VBCB ranks 1st and BSCA 38th of 42 funds in the Defined-Maturity Investment Grade Corporate Category.

  1. Rank 1AVBCBVanguard Target Maturity 2028 Corporate Bond ETFScore 81
  2. Rank 2AVBCCVanguard Target Maturity 2029 Corporate Bond ETFScore 78
  3. Rank 37DMYCOState Street My2035 Corporate Bond ETFScore 37
  4. Rank 38DBSCAINVESCO BULLETSHARES 2036 CORPORATE BOND ETFScore 36
  5. Rank 39DMYCHState Street My2028 Corporate Bond ETFScore 35

Our read on each fund

ETF.net Research

BSCADINVESCO BULLETSHARES 2036 CORPORATE BOND ETF

VBCBAVanguard Target Maturity 2028 Corporate Bond ETF

In short

BSCA The 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.

VBCB Vanguard finally showed up to the bond-ladder party. VBCB owns U.S. investment-grade corporate bonds that all mature in 2028, and it undercuts the typical target-maturity rung on fees.

Stated mandate

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

VBCB The fund seeks to track a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds that mature in 2028.

Why people hold it

  • BSCA Real 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
  • Fee runs 0.10%, level with the typical target-maturity corporate bond ETF and the same sticker Invesco puts on shorter rungs like BSCR.
  • Callable 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
  • A 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
  • VBCB Charges 0.08% a year, below the 0.10% typical for target-maturity bond funds and below the iBonds and BulletShares rungs (IBDU, BSCT, BSCU) it lines up against.
  • Every bond in the index is dollar-denominated investment grade maturing in 2028: one rung of a bond ladder in one ticker, with income paid quarterly.
  • A plain market-weighted ICE index run through Vanguard's index plumbing, and one of the stronger builds in the target-maturity bond group.

Worth knowing

  • BSCA The 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
  • A 2036 bullet carries about a decade of interest-rate and corporate credit exposure before that cash distribution arrives.
  • Launched in 2026, it is still small and thinly traded next to the long-established short rungs, so bid-ask spreads can run wider.
  • VBCB Launched in 2026 and still small, it trades thinly, so spreads can run wider than on the long-established corporate ladders.
  • Corporate credit, not Treasuries. Investment grade lowers the odds of trouble, but downgrades and defaults stay in the mix.
  • One maturity year, not a whole curve. This is a rung, not a stand-in for a broad bond fund.

Full BSCA profile⁠

Full VBCB profile⁠

BSCA vs VBCB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BSCA vs VBCB Cost

Overpaying BSCA vs VBCB

$417

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BSCA 0.10%

    $2,106

  • VBCB 0.08%

    $1,689

$10,000
30 years

Cost over time

  • BSCA 0.10%
  • VBCB 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530BSCA $2,106VBCB $1,689

Year by year

YearBSCAVBCBOverpaying
10$183$147$36
20$717$575$142
30$2,106$1,689$417

Expense ratio

  • 0.10%BSCA
  • 0.08%VBCB, cheaper
  • Middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

VBCB cheapest of 42 funds

BSCA 11th cheapest of 42 funds

BSCA vs VBCB Dividends

Last 12 months to Nov 9, 2026
Last payment
BSCA $0.08
VBCB $0.26
Ex-dividend
BSCA Oct 19, 2026
VBCB Nov 2, 2026
Paid on
BSCA Oct 23, 2026
VBCB Nov 4, 2026
Frequency
BSCA Monthly
VBCB Monthly

Distribution history

Per share, 2026, same scale for both

BSCAMonthly · 4 paymentsAll BSCA payments⁠
One bar per payment. 4 payments in 2026 YTD. Jul 20, 2026 $0.12; Aug 24, 2026 $0.09; Sep 21, 2026 $0.09; Oct 19, 2026 $0.08. Use the arrow keys to read each point.$0$0.252026YTD
VBCBMonthly · 7 paymentsAll VBCB payments⁠
One bar per payment. 7 payments in 2026 YTD. May 1, 2026 $0.07; Jun 1, 2026 $0.24; Jul 1, 2026 $0.22; Aug 3, 2026 $0.24; Sep 1, 2026 $0.20; Oct 1, 2026 $0.26; Nov 2, 2026 $0.26. Use the arrow keys to read each point.$0$0.252026YTD

BSCA vs VBCB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
BSCA 0.19VBCB 0.05

BSCA and VBCB in the news

All news⁠

Popular comparisons

  • BSCADvsVBCCA

    INVESCO BULLETSHARES 2036 CORPORATE BOND ETF · Vanguard Target Maturity 2029 Corporate Bond ETF

    Expense ratio
    0.10% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBCBAvsVBCCA

    Vanguard Target Maturity 2028 Corporate Bond ETF · Vanguard Target Maturity 2029 Corporate Bond ETF

    Expense ratio
    0.08% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BSCADvsIBDTA

    INVESCO BULLETSHARES 2036 CORPORATE BOND ETF · iShares iBonds Dec 2028 Term Corporate ETF

    Expense ratio
    0.10% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBCBAvsIBDTA

    Vanguard Target Maturity 2028 Corporate Bond ETF · iShares iBonds Dec 2028 Term Corporate ETF

    Expense ratio
    0.08% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BSCADvsVBCAA

    INVESCO BULLETSHARES 2036 CORPORATE BOND ETF · Vanguard Target Maturity 2027 Corporate Bond ETF

    Expense ratio
    0.10% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VBCBAvsVBCAA

    Vanguard Target Maturity 2028 Corporate Bond ETF · Vanguard Target Maturity 2027 Corporate Bond ETF

    Expense ratio
    0.08% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.