BSCV vs QQQ

BSCV vs QQQ
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Quick Verdict

BSCV has a lower expense ratio. QQQ delivered stronger 1-year returns. BSCV offers more diversification with 433 holdings.

Lower Fees: BSCVHigher Returns: QQQMore Diversified: BSCV

Side-by-Side Comparison

MetricBSCVQQQWinner
Expense Ratio0.10%0.18%
AUM$1.8B$496.3B
Dividend Yield4.72%0.44%
Holdings433108
YTD Return+0.15%+16.23%
1Y Return+2.52%+26.23%
3Y Return (annualized)+6.62%+25.75%
5Y Return (annualized)+0.00%+14.78%
Volatility (annualized)8.4%30.6%
Max Drawdown-23.3%-83.0%
Fund FamilyInvesco (US)Invesco (US)
CategoryFixed IncomeEquity
InceptionSep 15, 2021Mar 10, 1999

BSCV vs QQQ Performance

Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BSCV returned +2.52% while QQQ returned +26.23%. Year to date, BSCV is up 0.15% versus a gain of 16.23% for QQQ.

Over three years, BSCV compounded at +6.62% per year against +25.75% for QQQ; over five years the annualized figures are +0.00% and +14.78% respectively. Across the full 5-year window we track, QQQ has the edge at +13.02% annualized vs +0.00%. 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 8.4% for BSCV. 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 -23.3% for BSCV 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BSCV 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, BSCV currently yields 4.72% against 0.44% for QQQ.

Holdings Overlap

0.4%overlap

BSCV and QQQ share 2 holdings out of 435 unique holdings combined, representing a 0.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BSCVWeight in QQQDifference
INTU0.14%0.39%0.25%
PYPL0.23%0.22%0.01%

Frequently Asked Questions

Which is cheaper, BSCV or QQQ?

BSCV has an expense ratio of 0.10% while QQQ charges 0.18%. BSCV is the cheaper option. On a $10,000 investment, that is $8 per year of difference.

Which performed better, BSCV or QQQ?

Over the past year BSCV returned +2.52% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), BSCV annualized +0.00% vs +13.02% for QQQ. Past performance does not guarantee future results.

Which is riskier, BSCV or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 8.4% for BSCV. Worst drawdown: BSCV -23.3% vs QQQ -83.0%.

Should I hold both BSCV and QQQ?

BSCV and QQQ have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BSCV and QQQ?

BSCV and QQQ share 2 common holdings with a 0.4% weight overlap. Combined, they hold 435 unique securities.

Which pays a higher dividend, BSCV or QQQ?

BSCV yields 4.72% while QQQ yields 0.44%, so BSCV currently pays the higher dividend yield.

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