BSCZ vs VBCC

BSCZBInvesco BulletShares 2035 Corporate Bond ETF

VBCCAVanguard Target Maturity 2029 Corporate Bond ETF

In short

BSCZ One rung of a bond ladder in a single ticker: roughly 300 investment-grade corporate bonds that all come due in 2035, wrapped in an ETF that charges 0.10% and pays monthly.

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

BSCZ The fund tracks an index of US-dollar-denominated, investment-grade corporate bonds whose effective maturities are in 2035.

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

• BSCZ Every bond in it matures in the same year, so the portfolio's sensitivity to rate swings winds down as 2035 approaches. Bond-like maturity math, ETF-like access.
• Charges 0.10% a year, right at the going rate for target-maturity bond funds, and spreads the credit risk across roughly 300 investment-grade corporate issues.
• Pays monthly and sits inside Invesco's BulletShares lineup, where nearer rungs like BSCT (2029) and BSCU (2030) make a multi-year ladder buildable from one issuer.
• Tracks its 2035 maturity index closely and lands in the upper half of a crowded target-maturity field on cost, structure and execution.

• 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

• BSCZ A 2035 maturity carries about a decade of rate and credit exposure, so it swings more on rate moves than the short rungs of the same lineup.
• Launched in 2025, so there is only a short record to judge how it tracks and trades across a full rate cycle.
• Corporate credit, not Treasuries: issuers can be downgraded or default. Trading is moderate, so spreads are worth a look on larger orders.

• 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 BSCZ profile⁠

Full VBCC profile⁠