BSCR vs VBCC

BSCRAInvesco BulletShares 2027 Corporate Bond ETF

VBCCAVanguard Target Maturity 2029 Corporate Bond ETF

In short

BSCR A bond ladder rung in ETF form. BSCR holds roughly 500 investment-grade corporate bonds that all come due in 2027, so it has an end date instead of a portfolio that rolls on forever. Monthly payouts, 0.10% expense ratio.

VBCC Vanguard's version of a single rung on a bond ladder: investment-grade corporates that all mature in 2029, wrapped in an ETF at 0.08% a year, under the typical fee in the target-maturity aisle.

Stated mandate

BSCR The fund tracks an index of US-dollar-denominated, investment-grade corporate bonds whose effective maturities are in 2027.

VBCC The fund seeks to follow a market-weighted index of U.S.-dollar-denominated, investment-grade corporate bonds scheduled to mature in 2029.

Why people hold it

• BSCR Defined maturity: the index only holds US-dollar investment-grade corporate bonds whose effective maturities land in 2027, so the portfolio shortens toward a known date rather than holding a permanent duration.invesco.com
• Roughly 500 bonds behind one ticker, which is diversification most investors cannot assemble buying individual corporate issues. Income is paid monthly.
• 0.10% expense ratio, matching the target-maturity cohort median, on a multi-billion-dollar fund that trades actively and prices tightly against its index.
• Sits in the top quartile of a crowded target-maturity field of more than 100 funds, one of the sturdier builds among dated bond ETFs.

• VBCC At 0.08% a year it undercuts the target-maturity median and the established 2029 corporate rungs from iShares (IBDU) and Invesco (BSCT), both at 0.10%.
• Every bond in the index is scheduled to mature in 2029, so the portfolio has an end date instead of rolling on forever like a standard bond fund.
• Investment-grade US dollar corporates, market-weighted. No high-yield sleeve, no manager leaning on favorite issuers.
• Stacks up among the stronger builds in a crowded target-maturity field, on the back of low cost and a straightforward investment-grade portfolio.

Worth knowing

• BSCR This is corporate credit, not government paper. Issuers can be downgraded or default, a risk a Treasury-based rung like IBTJ does not carry.
• 0.10% is mid-pack, not the floor. Rival ladder rungs run cheaper, including VBCB at 0.08% and IBTJ at 0.07%.
• A dated fund, not a forever holding. As 2027 nears, the portfolio's remaining life shrinks, so a continuing bond allocation means planning the next rung.

• VBCC Launched in 2026, so live history is short and it trades less actively than the long-running iShares and Invesco ladders. Limit orders matter more here.
• Corporate credit, not Treasuries. An investment-grade issuer can still be downgraded or miss a payment, and a 2029 maturity date does not erase that.
• Income is paid quarterly, so cash arrives four times a year rather than monthly.

Full BSCR profile⁠

Full VBCC profile⁠