BSCN Performance — Invesco BulletShares 2023 Corporate Bond ETF
Data updated: 2024-01-29
BSCN returned +5.11% over one year to Nov 2023. The annualised 3-year return is +1.33%. The fund trailed its Ultrashort Government Bond category average: $100 invested three years ago grew to $104, against $105 for the category, and to $105 over one year, against $106. Volatility over the past three years was 1.06% a year. In the 12 months to Nov 2023 the fund lost a net $1.0B, and assets reached $1.67B.
BSCN Growth of $100
What $100 invested in Invesco BulletShares 2023 Corporate Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Government Bond category average over the same months.
| Period | BSCN | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $105 | $106 |
| 3 years (Dec 2020 – Nov 2023) | $104 | $105 |
| Since data start (Sep 2019 – Nov 2023) | $110 | $114 |
BSCN Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.11% |
| 3 years (annualised) | +1.33% |
BSCN Annual Returns
Calendar-year total returns of Invesco BulletShares 2023 Corporate Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | +4.63% |
| 2022 | −0.71% |
| 2021 | −0.12% |
| 2020 | +5.40% |
| 2019 (Sep–Dec) | +0.78% |
BSCN Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +0.4% | +0.2% | +0.4% | +0.4% | +0.4% | +0.5% | +0.4% | +0.5% | +0.4% | +0.4% | +0.5% | — |
| 2022 | −0.5% | −0.3% | −0.5% | −0.3% | +0.3% | −0.4% | +0.3% | 0.0% | −0.3% | +0.1% | +0.4% | +0.5% |
| 2021 | 0.0% | 0.0% | −0.1% | +0.2% | +0.1% | −0.1% | +0.1% | 0.0% | 0.0% | −0.2% | −0.2% | 0.0% |
| 2020 | +1.1% | +0.8% | −3.9% | +3.4% | +1.6% | +0.9% | +0.7% | +0.2% | −0.1% | +0.2% | +0.4% | +0.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.1% | +0.5% | 0.0% | +0.4% |
BSCN Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 1.06%
- 3-year Sharpe ratio: -2.99 (vs 4.5% risk-free rate)
- Best month: +0.50% (Aug 2023)
- Worst month: −0.55% (Mar 2022)
BSCN Fund Flows
Monthly money in and out of Invesco BulletShares 2023 Corporate Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$1.0B
- 12-month gross sales (incl. reinvestments): $170.4M
- Sales ÷ redemptions: 0.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $0 | $366.8M | −$366.8M |
| Oct 2023 | $0 | $114.8M | −$114.8M |
| Sep 2023 | $0 | $105.2M | −$105.2M |
| Aug 2023 | $0 | $70.0M | −$70.0M |
| Jul 2023 | $9.5M | $124.0M | −$114.5M |
| Jun 2023 | $0 | $92.1M | −$92.1M |
| May 2023 | $0 | $142.7M | −$142.7M |
| Apr 2023 | $60.2M | $50.7M | $9.6M |
| Mar 2023 | $0 | $82.1M | −$82.1M |
| Feb 2023 | $9.5M | $0 | $9.5M |
| Jan 2023 | $3.2M | $44.1M | −$41.0M |
| Dec 2022 | $88.0M | $0 | $88.0M |
BSCN Assets Under Management
Net assets of Invesco BulletShares 2023 Corporate Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $1.67B |
| 2023-08-31 | $2.26B |
| 2023-05-31 | $2.52B |
| 2023-02-28 | $2.73B |
| 2022-11-30 | $2.65B |
| 2022-08-31 | $2.49B |
| 2022-05-31 | $2.37B |
| 2022-02-28 | $2.28B |
| 2021-11-30 | $2.24B |
| 2021-08-31 | $2.11B |
| 2021-05-31 | $1.95B |
| 2021-02-28 | $1.72B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.