BSCX vs VBCB: Grades, Fees and Holdings Compared

Invesco BulletShares 2033 Corporate Bond ETF

BSCXBNasdaq

Vanguard Target Maturity 2028 Corporate Bond ETF

VBCBANasdaq

Overlap

No data

Expense ratio

VBCB −0.02pt a year

BSCX0.10%VBCB0.08%

Avg volume · 30D

BSCX 10.2×the volume

BSCX264KVBCB25.9K

BSCX vs VBCB Performance

Jul 31, 2026 – Oct 30, 2026

−0.7%BSCX+0.6%VBCB

Expense ratio: BSCX 0.10%; VBCB 0.08%, better
Fund size: BSCX $1.13B; VBCB $117M
1Y total return: BSCX −0.4%; VBCB No data
Yield (12M): BSCX 5.05%; VBCB No data
Holdings: BSCX 324; VBCB 667
Avg volume (30D): BSCX 264K sh, better; VBCB 25.9K sh
NAV per share: BSCX $20.33; VBCB $75.14
52W range

ETF.net Grade

Pillar letters and Scores for BSCX, VBCB, with each pillar’s weight
Pillar	BSCX	VBCB
Cost30% weight	C50	A89Higher
Mission25% weight	A100	A100
Risk15% weight	D29	A88Higher
Tradability15% weight	B63Higher	C40
Holdings10% weight	B55	A84Higher
Durability5% weight	B61Higher	B56

Rank among Defined-Maturity Investment Grade Corporate funds

How we build Categories ›

Same Category. BSCX 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 BSCX 22nd 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 19BVBCIVanguard Target Maturity 2035 Corporate Bond ETFScore 63
Rank 22BBSCXInvesco BulletShares 2033 Corporate Bond ETFScore 62
Rank 23BVBCJVanguard Target Maturity 2036 Corporate Bond ETFScore 61

Our read on each fund

ETF.net Research

BSCXBInvesco BulletShares 2033 Corporate Bond ETF

VBCBAVanguard Target Maturity 2028 Corporate Bond ETF

In short

BSCX A bond ladder rung in one ticker: about 300 investment-grade corporates all pointed at 2033. Built to behave less like an open-ended bond fund and more like a single bond with a date on it.

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

BSCX The Fund seeks to track the performance of the Nasdaq BulletShares USD Corporate Bond 2033 Index before fees and expenses.

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

BSCX Costs 0.10%, right at the target-maturity category median and the same sticker as Invesco's 2029 and 2030 rungs (BSCT, BSCU) and iShares' IBDU.
About 300 investment-grade corporate bonds spanning the US, Canada, Japan and Western Europe, so no single issuer's bad week decides the outcome.
Tracks its Nasdaq BulletShares 2033 index tightly and lands in the top quartile of a crowded target-maturity field.
Pays monthly, and it's a multi-billion-dollar fund that trades with reasonable regularity for a defined-maturity bond product.

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

BSCX A 2033 target is a long runway. Until that date gets close, the price swings with interest rates far more than shorter rungs like BSCT (2029).
This is corporate credit, not government paper. Downgrades and defaults are part of the package in a way Treasury rungs such as IBTJ sidestep.
Launched in 2023, so it carries a shorter live track record than the long-running BulletShares rungs maturing earlier this decade.

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 BSCX profile⁠

Full VBCB profile⁠

BSCX vs VBCB Holdings

How BSCX and VBCB differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile88.6%
Asset classFixed Income100%

Sector

No Sector split for BSCX and VBCB.

Country, concentration and asset class

Country by domicile

Country weights in BSCX and VBCB, widest gap first
Country	More in BSCXMore in VBCB	BSCX	VBCB
United States	BSCX +9.5 points	90.1%	80.6%
United Kingdom	VBCB +4.1 points	0.8%	4.9%
Australia	VBCB +2.0 points	0.0%	2.0%
Japan	VBCB +1.6 points	1.7%	3.3%
Luxembourg	BSCX +1.2 points	1.2%	0.0%
Canada	VBCB +1.0 points	3.8%	4.8%
Germany	VBCB +1.0 points	0.0%	0.9%
Netherlands	VBCB +0.7 points	0.0%	0.7%
Other countries (7)	VBCB +0.4 points	2.4%	2.8%

Concentration

Weight in the 10 largest Holdings

BSCX10.4%
VBCB6.2%

Securities held

BSCX322
VBCB662

Asset class

BSCX: Fixed Income
VBCB: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BSCX holds 322 securities, VBCB 662.

All 322 BSCX holdings⁠All 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.

BSCX vs VBCB Cost

Overpaying BSCX vs VBCB

$417

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

BSCX 0.10%
$2,106
VBCB 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

BSCX 0.10%
VBCB 0.08%
Overpaying

Year by year

Year	BSCX	VBCB	Overpaying
10	$183	$147	$36
20	$717	$575	$142
30	$2,106	$1,689	$417

Expense ratio

0.10%BSCX
0.08%VBCB, cheaper

VBCB0.08%BSCX0.10%

0.08%0.15%

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

VBCB cheapest of 42 funds

BSCX 11th cheapest of 42 funds

BSCX vs VBCB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BSCX 5.05%; VBCB No data
Payout (12M): BSCX $1.03; VBCB No data
Last payment: BSCX $0.08; VBCB $0.26
Ex-dividend: BSCX Oct 19, 2026; VBCB Oct 1, 2026
Paid on: BSCX Oct 23, 2026; VBCB Oct 5, 2026
Frequency: BSCX Monthly; VBCB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSCXMonthly · 37 paymentsAll BSCX payments⁠

VBCBMonthly · 6 paymentsAll VBCB payments⁠

BSCX vs VBCB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BSCX 6.8%VBCB No data
Return per unit of riskSharpe ratio, 3 years: BSCX 0.40VBCB No data
Worst fallMax drawdown, 5 years: BSCX −5.1%since Sep 2023VBCB No data
Market sensitivityBeta, 5 years: BSCX 0.29VBCB 0.05; Market = 1

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