BSCY vs SCHD
Invesco BulletShares 2034 Corporate Bond ETF vs Schwab US Dividend Equity ETF
Which is better, BSCY or SCHD?
Investment Grade Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. BSCY is less concentrated, with 9.0% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BSCY | SCHD |
|---|---|---|
| Expense Ratio | 0.10% | 0.06%Best |
| AUM | $596M | $112.1B |
| Dividend Yield | 4.95% | 3.00% |
| Holdings | 296 | 103 |
| YTD Return | -1.82% | +23.60%Best |
| 1Y Return | -0.82% | +28.29%Best |
| 3Y Return (annualized) | - | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 4.8%Best | 13.5% |
| Max Drawdown | -5.1%Best | -16.1% |
| $10,000 over 2.3 years | $11,022 | $14,256Best |
| Top 10 Weight | 9.0%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Value |
| Inception | Jun 12, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 12, 2024 to Sep 21, 2026 (2.3 years).
BSCY vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
BSCY vs SCHD Performance
Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BSCY returned -0.82% while SCHD returned +28.29%. Year to date, BSCY is down 1.82% versus a gain of 23.60% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 4.8% for BSCY. 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 -5.1% for BSCY and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BSCY 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, BSCY currently yields 4.95% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 289 holdings in BSCY and 100 in SCHD, totalling 97.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 289 positions we hold weights for in BSCY and 100 in SCHD, against full books of 296 and 103.
What only one of them owns
Measured across the 289 and 100 positions we hold weights for.
SCHD holds 99 positions BSCY does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of BSCY and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSCY or SCHD?
BSCY has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, BSCY or SCHD?
Over the past year BSCY returned -0.82% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), BSCY annualized +4.32% vs +16.67% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSCY or SCHD?
SCHD has been the more volatile fund at 13.5% annualized versus 4.8% for BSCY. Worst drawdown: BSCY -5.1% vs SCHD -16.1%.
Should I hold both BSCY and SCHD?
BSCY and SCHD have a monthly-return correlation of 0.46, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BSCY or SCHD?
BSCY yields 4.95% while SCHD yields 3.00%, so BSCY currently pays the higher dividend yield.
Is SCHD better than BSCY?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. BSCY is less concentrated, with 9.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.