BSCT vs SCHD
Invesco BulletShares 2029 Corporate Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. BSCT offers more diversification with 412 holdings.
Side-by-Side Comparison
| Metric | BSCT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.06% | |
| AUM | $2.9B | $103.7B | |
| Dividend Yield | 4.57% | 3.31% | |
| Holdings | 457 | 104 | |
| YTD Return | +1.06% | +24.26% | |
| 1Y Return | +3.38% | +31.38% | |
| 3Y Return (annualized) | +5.63% | +15.08% | |
| 5Y Return (annualized) | +1.03% | +9.72% | |
| Volatility (annualized) | 7.2% | 13.6% | |
| Max Drawdown | -19.5% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 12, 2019 | Oct 20, 2011 |
BSCT vs SCHD Performance
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BSCT returned +3.38% while SCHD returned +31.38%. Year to date, BSCT is up 1.06% versus a gain of 24.26% for SCHD.
Over three years, BSCT compounded at +5.63% per year against +15.08% for SCHD; over five years the annualized figures are +1.03% and +9.72% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +1.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -33.4% for SCHD. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSCT charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, BSCT currently yields 4.57% against 3.31% for SCHD.
Holdings Overlap
BSCT and SCHD share 0 holdings out of 512 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BSCT or SCHD?
BSCT has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, BSCT or SCHD?
Over the past year BSCT returned +3.38% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), BSCT annualized +1.85% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BSCT or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.2% for BSCT. Worst drawdown: BSCT -19.5% vs SCHD -33.4%.
Should I hold both BSCT and SCHD?
BSCT and SCHD have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSCT and SCHD?
BSCT and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, BSCT or SCHD?
BSCT yields 4.57% while SCHD yields 3.31%, so BSCT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.