Data as of Oct 28, 2026.

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BSCT vs SPIB: Differences, Returns & Fees

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BSCT's duration was 2.7 years on May 31, 2026 and SPIB's 4.2 on Jun 30, 2026; SPIB charges 0.04% to BSCT's 0.10%.

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Net assets on Oct 27, 2026: $3.1bn for Invesco BulletShares 2029 Corporate Bond ETF and $11.6bn for State Street SPDR Portfolio Intermediate Term Corporate Bond ETF.

At a glance
+1.3%
BSCT total return, 1 year
−0.1%
SPIB total return, 1 year
0.10%
BSCT expense ratio
0.04%
SPIB expense ratio

Pair scorecard

SPIB costs 0.06 points a year less; their one-year returns differ by 1.4 points; SPIB is 3.7 times larger.

BSCT vs SPIB: Differences, Returns & Fees
MeasureBSCTSPIB
Return
Total return, 1 year+1.3%−0.1%
Benchmark
What it tracksInvesco BulletShares USD Corporate Bond 2029 IndexBloomberg U.S. Intermediate Corporate Bond Index
Cost and size
Expense ratio0.10%0.04%
Net assets, as of Oct 27, 2026$3.1bn$11.6bn
Holdings
Holdings in common8%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026. Method

Risk and return

Sep 20, 2019 to Oct 23, 2026 · 370 weekly returns · each against AGG
BSCT SPIB
Return
Total return edge SPIB (slight) +16.3% +17.0%
Annualized edge SPIB (slight) +2.1% +2.2%
Price return edge SPIB −9.0% −7.5%
Risk
Volatility edge SPIB 8.6% 6.7%
Max drawdown edge SPIB −18.8% −14.3%
Downside capture 95.9% 74.8%
Beta 1.16 0.92
Risk-adjusted
Sharpe edge BSCT −0.05 −0.07
Sortino edge BSCT −0.06 −0.09
Treynor −0.003 −0.005
Calmar edge SPIB 0.11 0.16
Against the benchmark
Alpha +2.0% a year +1.5% a year
Alpha t-stat 1.04 1.01
Information ratio 0.32 0.42
Tracking error 5.2% 3.9%
Reading

SPIB returned slightly more: +17.0% to +16.3%. SPIB swung less: 6.7% to 8.6%. SPIB fell less at its worst: −14.3% to −18.8%.

Full scorecard

19 measures, with how each is measured
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Risk and return: BSCT vs SPIB: Differences, Returns & Fees
MeasureBSCTSPIBAGGEdgeHow it is measured
Return
Total return+16.3%+17.0%SPIB (slight)Price change plus distributions, reinvested.
Annualized+2.1%+2.2%SPIB (slight)Total return as a yearly rate.
Price return−9.0%−7.5%SPIBPrice change alone, distributions left out.
Risk
Volatility8.6%6.7%SPIBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.4%4.9%SPIBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−18.8%−14.3%SPIBDeepest fall from a high to the low after it.
Upside capture105.0%81.0%100.0%BSCTShare of its benchmark's rise caught in the weeks it rose.
Downside capture95.9%74.8%100.0%SPIBShare of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.160.921.00SPIB lowerHow far it moves for each 1% its benchmark moves.
R squared0.640.671.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe−0.05−0.07BSCTReturn above Treasury bills per unit of volatility.
Sortino−0.06−0.09BSCTReturn above Treasury bills per unit of downside deviation.
Treynor−0.003−0.005−0.021BSCTReturn above Treasury bills per unit of beta.
Calmar0.110.16SPIBAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkAGGAGGAGGThe ETF each fund is measured against.
Alpha+2.0% a year+1.5% a year0.0%Not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat1.041.01Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.8% to +5.8%−1.4% to +4.3%Both include zeroThe 95% range for the yearly alpha.
Information ratio0.320.42SPIBReturn against its benchmark per unit of tracking error.
Tracking error5.2%3.9%0.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 370 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

8%

By the books each fund has filed, BSCT and SPIB hold 8% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first BSCT SPIB
Amazon.com, Inc., due Mar 13, 2029 0.73% 0.19%
Union Pacific Corp., due Mar 1, 2029 0.18% 0.13%
Anheuser Busch InBev Worldwide Inc., due Jan 23, 2029 0.72% 0.12%
Abbott Laboratories, due Mar 9, 2029 0.54% 0.11%
Fidelity National Information Services, Inc., due Mar 10, 2029 0.56% 0.10%
AbbVie Inc., due Nov 21, 2029 1.27% 0.10%
Walt Disney Co. (The), due Mar 14, 2029 0.24% 0.10%
AbbVie Inc., due Mar 15, 2029 0.62% 0.09%
Oracle Corp., due Sep 27, 2029 0.36% 0.09%
Ford Motor Credit Co. LLC, due May 3, 2029 0.36% 0.07%
Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc., due Mar 11, 2029 0.09% 0.07%
Ford Motor Credit Co. LLC, due Nov 7, 2029 0.31% 0.07%
Only in one fund ↓
Only in BSCT
Centene Corp., due Dec 15, 2029 0.77%
AT&T Inc., due Mar 1, 2029 0.73%
Broadcom Inc., due Jul 12, 2029 0.56%
Ford Motor Credit Co. LLC, due Mar 8, 2029 0.40%
SBA Communications Corp., due Feb 1, 2029 0.35%
HCA Inc., due Feb 1, 2029 0.25%
Royal Bank of Canada, due Feb 1, 2029 0.25%
Novartis Capital Corp., due Sep 18, 2029 0.24%
Only in SPIB
Morgan Stanley Bank NA, due Jan 12, 2029 0.54%
Salesforce Inc, due Sep 15, 2031 0.26%
National Bank of Canada, due Jun 4, 2032 0.26%
JPMorgan Chase & Co, due Jul 23, 2036 0.26%
Charles Schwab Corp/The, due Nov 17, 2029 0.24%
Goldman Sachs Group Inc/The, due Jan 21, 2029 0.23%
AT&T Inc, due Feb 15, 2028 0.23%
Morgan Stanley Private Bank NA, due Jul 6, 2028 0.22%
Check overlap with more funds →

Side by side

BSCT Invesco BulletShares 2029 Corporate Bond ETF SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year +1.3% −0.1%
Its benchmark over the same days −1.4% (AGG) −1.4% (AGG)
Gap to its benchmark +2.7 pts vs AGG +1.3 pts vs AGG
Expense ratio 0.10% 0.04%
Holdings 509 5398
Net assets, as of Oct 27, 2026 $3.1bn $11.6bn

BSCT and SPIB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-5E9B3C08FA

BSCT and SPIB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. BSCT follows Invesco BulletShares USD Corporate Bond 2029 Index and SPIB follows Bloomberg U.S. Intermediate Corporate Bond Index.
  2. Holdings in common. 8% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
  3. Number of holdings. BSCT holds 509 positions and SPIB holds 5398.

Data as of Oct 28, 2026.

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About each fund
BSCT

BSCT tracks an index. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.10% a year.

SPIB

SPIB tracks an index. Over the year to Oct 28, 2026 it returned −0.1% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, BSCT or SPIB?
In the year to Oct 28, 2026, with distributions reinvested, BSCT returned +1.3% and SPIB −0.1%.
Which is cheaper, BSCT or SPIB?
SPIB is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BSCT against SPIB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bsct-vs-spib

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