BSCX vs VBCC

BSCXBInvesco BulletShares 2033 Corporate Bond ETF

VBCCAVanguard Target Maturity 2029 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.

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

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

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

• 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.

• 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

• 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.

• 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 BSCX profile⁠

Full VBCC profile⁠