BSCU vs IBDT: Grades, Fees and Holdings Compared

Invesco BulletShares 2030 Corporate Bond ETF

BSCUBNasdaq

iShares iBonds Dec 2028 Term Corporate ETF

IBDTANYSE Arca

Overlap

No data

Expense ratio

BSCU0.10%IBDT0.10%

Avg volume · 30D

BSCU 1.04×the volume

BSCU754KIBDT723K

5Y return · a year

IBDT +0.9pt

BSCU+0.6%IBDT+1.5%

BSCU vs IBDT Performance

Oct 29, 2021 – Oct 30, 2026

+3.1%BSCU+7.8%IBDT

Expense ratio: BSCU 0.10%; IBDT 0.10%
Fund size: BSCU $2.83B; IBDT $4.15B
1Y total return: BSCU +1.0%; IBDT +2.7%, better
Yield (12M): BSCU 4.67%, better; IBDT 4.52%
Holdings: BSCU 451; IBDT 740
Avg volume (30D): BSCU 754K sh, better; IBDT 723K sh
NAV per share: BSCU $16.31; IBDT $25.05
52W range

ETF.net Grade

Pillar letters and Scores for BSCU, IBDT, with each pillar’s weight
Pillar	BSCU	IBDT
Cost30% weight	C50	C50
Mission25% weight	A100	A100
Risk15% weight	C45	B68Higher
Tradability15% weight	B65	A91Higher
Holdings10% weight	A79	A96Higher
Durability5% weight	B63	A83Higher

Rank among Defined-Maturity Investment Grade Corporate funds

How we build Categories ›

Same Category. BSCU and IBDT 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 ›

IBDT ranks 3rd and BSCU 16th of 42 funds in the Defined-Maturity Investment Grade Corporate Category.

Rank 1AVBCBVanguard Target Maturity 2028 Corporate Bond ETFScore 82
Rank 2AVBCAVanguard Target Maturity 2027 Corporate Bond ETFScore 78
Rank 3AIBDTiShares iBonds Dec 2028 Term Corporate ETFScore 77
Rank 4AVBCCVanguard Target Maturity 2029 Corporate Bond ETFScore 76
Rank 13BVBCGVanguard Target Maturity 2033 Corporate Bond ETFScore 68
Rank 16BBSCUInvesco BulletShares 2030 Corporate Bond ETFScore 67
Rank 17BIBDYiShares iBonds Dec 2033 Term Corporate ETFScore 65

Our read on each fund

ETF.net Research

BSCUBInvesco BulletShares 2030 Corporate Bond ETF

IBDTAiShares iBonds Dec 2028 Term Corporate ETF

In short

BSCU A bond fund with an end date. BSCU tracks an index of investment-grade corporate bonds that mature in 2030, holds about 400 of them, and pays monthly: bond-like maturity behavior with ETF-style diversification.

IBDT Acts more like a bond than a bond fund: roughly 700 investment-grade corporate bonds that all mature in 2028, wrapped in one ticker with a defined end date. Built for ladder rungs, monthly distributions and a known finish line.

Stated mandate

BSCU The fund seeks exposure to the Nasdaq® BulletShares® USD Corporate Bond 2030 Index.

IBDT The fund seeks to track an index of investment-grade corporate bonds maturing in 2028 and is designed to support income generation, bond-ladder construction, and interest-rate-risk management through a defined maturity.

Why people hold it

BSCU Costs 0.10% a year, right at the going rate for target-maturity bond funds. No premium for the defined-maturity plumbing.
Tracks the Nasdaq BulletShares USD Corporate Bond 2030 Index tightly, and it is a billion-dollar-plus fund that trades actively, so entering and exiting is rarely the hard part.
About 400 investment-grade corporate bonds inside, with income paid monthly rather than the lumpy semiannual coupons of a single bond.
One of the stronger builds in a crowded target-maturity field that includes iShares iBonds (IBDU) and Vanguard (VBCB).

IBDT The defined 2028 maturity does the work: one ticker behaves like a ladder rung, no hunting down individual bonds or tracking each one's maturity.ishares.com
About 700 investment-grade corporate bonds inside, so no single issuer carries the outcome the way it would in a handful of hand-picked bonds.
Costs 0.10% a year, right at the typical fee for target-maturity bond funds, and it is one of the more actively traded names in that group.
Launched in 2018 and now a multi-billion-dollar fund, it ranks among the strongest implementations in the target-maturity bond group.

Worth knowing

BSCU This is corporate credit, not government paper. Before maturity, prices move with both interest rates and credit spreads; Treasury-only siblings like IBTJ skip the credit piece.
One rung, not a ladder. A staggered maturity schedule takes several vintages (BSCT covers 2029), each bought separately.
A few cohort peers undercut the 0.10% fee: VBCB at 0.08%, IBTJ at 0.07%, though they target different years and asset types.

IBDT Vanguard's VBCB targets the same 2028 corporate maturity for 0.08%, two basis points cheaper.
This is corporate credit, not Treasuries. The bonds are investment grade, but downgrades and defaults are still part of the picture.
It has a finish line. When the 2028 term ends the strategy is over, so the what-next decision lands back with you.ishares.com

Full BSCU profile⁠

Full IBDT profile⁠

BSCU vs IBDT Holdings

How BSCU and IBDT differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile93.5%
Asset classFixed Income100%

Sector

No Sector split for BSCU.

Country, concentration and asset class

Country by domicile

Country weights in BSCU and IBDT, widest gap first
Country	More in BSCUMore in IBDT	BSCU	IBDT
United States	BSCU +4.9 points	90.2%	85.3%
Canada	IBDT +1.5 points	2.3%	3.8%
United Kingdom	IBDT +1.2 points	1.0%	2.2%
Australia	IBDT +1.3 points	0.0%	1.3%
Japan	BSCU +0.9 points	3.9%	3.0%
Singapore	IBDT +0.7 points	0.0%	0.7%
Other countries (11)	IBDT +1.1 points	2.7%	3.8%

Concentration

Weight in the 10 largest Holdings

BSCU8.1%
IBDT6.2%

Securities held

BSCU449
IBDT737

Asset class

BSCU: Fixed Income
IBDT: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BSCU holds 449 securities, IBDT 737.

All 449 BSCU holdings⁠All 740 IBDT 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.

BSCU vs IBDT Cost

Same expense ratio

$2,106

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

BSCU 0.10%
$2,106
IBDT 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

BSCU 0.10%
IBDT 0.10%

Year by year

Year	BSCU	IBDT
10	$183	$183
20	$717	$717
30	$2,106	$2,106

Expense ratio

0.10%BSCU
0.10%IBDT

BSCU0.10%IBDT0.10%

0.08%0.15%

Middle half of Defined-Maturity Investment Grade Corporate funds
Median 0.10%

BSCU 11th cheapest of 42 funds

IBDT 11th cheapest of 42 funds

BSCU vs IBDT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BSCU 4.67%, better; IBDT 4.52%
Payout (12M): BSCU $0.76; IBDT $1.13
Last payment: BSCU $0.06; IBDT $0.09
Ex-dividend: BSCU Oct 19, 2026; IBDT Oct 1, 2026
Paid on: BSCU Oct 23, 2026; IBDT Oct 6, 2026
Frequency: BSCU Monthly; IBDT Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSCUMonthly · 46 paymentsAll BSCU payments⁠

IBDTMonthly · 45 paymentsAll IBDT payments⁠

BSCU vs IBDT Risk

Fall from peak · 5 years

BSCU
IBDT

Risk facts

VolatilityStd dev, 3 years: BSCU 5.2%IBDT 3.4%, better
Return per unit of riskSharpe ratio, 3 years: BSCU 0.47IBDT 0.57, better
Worst fallMax drawdown, 5 years: BSCU −20.7%IBDT −16.7%, better
Market sensitivityBeta, 5 years: BSCU 0.94IBDT 0.60; Market = 1

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