BSCT vs QQQ
Invesco BulletShares 2029 Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
BSCT has a lower expense ratio. QQQ delivered stronger 1-year returns. BSCT offers more diversification with 412 holdings.
Side-by-Side Comparison
| Metric | BSCT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.18% | |
| AUM | $2.9B | $455.8B | |
| Dividend Yield | 4.57% | 0.41% | |
| Holdings | 457 | 108 | |
| YTD Return | +1.22% | +19.68% | |
| 1Y Return | +3.36% | +26.75% | |
| 3Y Return (annualized) | +6.09% | +26.25% | |
| 5Y Return (annualized) | +0.98% | +15.39% | |
| Volatility (annualized) | 7.2% | 30.6% | |
| Max Drawdown | -19.5% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 12, 2019 | Mar 10, 1999 |
BSCT vs QQQ Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSCT returned +3.36% while QQQ returned +26.75%. Year to date, BSCT is up 1.22% versus a gain of 19.68% for QQQ.
Over three years, BSCT compounded at +6.09% per year against +26.25% for QQQ; over five years the annualized figures are +0.98% and +15.39% respectively. Across the full 7-year window we track, QQQ has the edge at +13.15% annualized vs +1.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 7.2% for BSCT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.5% for BSCT and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSCT charges 0.10% per year while QQQ charges 0.18%. On a $10,000 position that is $10 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, BSCT currently yields 4.57% against 0.41% for QQQ.
Holdings Overlap
BSCT and QQQ share 1 holdings out of 514 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BSCT | Weight in QQQ | Difference |
|---|---|---|---|
| KDP | 0.24% | 0.19% | 0.05% |
Frequently Asked Questions
Which is cheaper, BSCT or QQQ?
BSCT has an expense ratio of 0.10% while QQQ charges 0.18%. BSCT is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, BSCT or QQQ?
Over the past year BSCT returned +3.36% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), BSCT annualized +1.87% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, BSCT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 7.2% for BSCT. Worst drawdown: BSCT -19.5% vs QQQ -83.0%.
Should I hold both BSCT and QQQ?
BSCT and QQQ have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSCT and QQQ?
BSCT and QQQ share 1 common holdings with a 0.2% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, BSCT or QQQ?
BSCT yields 4.57% while QQQ yields 0.41%, so BSCT currently pays the higher dividend yield.
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