Data as of Oct 28, 2026.

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BSCT vs USTB: Differences, Returns & Fees

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BSCT's duration was 2.7 years on May 31, 2026 and USTB's 1.9 on Jun 30, 2026; BSCT charges 0.10% to USTB's 0.34%.

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Net assets: $3.1bn on Oct 27, 2026 for Invesco BulletShares 2029 Corporate Bond ETF, and $2.2bn on Jun 30, 2026 for VictoryShares Short-Term Bond ETF.

At a glance
+1.3%
BSCT total return, 1 year
+2.7%
USTB total return, 1 year
0.10%
BSCT expense ratio
0.34%
USTB expense ratio

Pair scorecard

BSCT costs 0.24 points a year less; their one-year returns differ by 1.4 points.

BSCT vs USTB: Differences, Returns & Fees
MeasureBSCTUSTB
Return
Total return, 1 year+1.3%+2.7%
Benchmark
What it tracksInvesco BulletShares USD Corporate Bond 2029 IndexNo index, actively managed
Cost and size
Expense ratio0.10%0.34%
Net assets, BSCT as of Oct 27, 2026 and USTB as of Jun 30, 2026$3.1bn$2.2bn
Holdings
Holdings in common2%

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
BSCT USTB
Return
Total return edge USTB +16.3% +27.6%
Annualized edge USTB +2.1% +3.5%
Price return edge USTB −9.0% −1.0%
Risk
Volatility edge USTB 8.6% 2.4%
Max drawdown edge USTB −18.8% −5.2%
Risk-adjusted
Sharpe edge USTB −0.05 0.24
Sortino edge USTB −0.06 0.30
Calmar edge USTB 0.11 0.67
Reading

USTB returned more: +27.6% to +16.3%. USTB swung less: 2.4% to 8.6%. USTB fell less at its worst: −5.2% to −18.8%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BSCT vs USTB: Differences, Returns & Fees
MeasureBSCTUSTBEdgeHow it is measured
Return
Total return+16.3%+27.6%USTBPrice change plus distributions, reinvested.
Annualized+2.1%+3.5%USTBTotal return as a yearly rate.
Price return−9.0%−1.0%USTBPrice change alone, distributions left out.
Risk
Volatility8.6%2.4%USTBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.4%1.9%USTBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−18.8%−5.2%USTBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.050.24USTBReturn above Treasury bills per unit of volatility.
Sortino−0.060.30USTBReturn above Treasury bills per unit of downside deviation.
Calmar0.110.67USTBAnnualized return divided by the max drawdown.

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

2%

By the books each fund has filed, BSCT and USTB hold 2% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

0 half 100%

half

2% in common

Positions both hold · largest shared weight first BSCT USTB
Dell International LLC / EMC Corp., due Feb 15, 2029 0.18% 0.18%
Enact Holdings, Inc., due May 28, 2029 0.19% 0.16%
Canadian Natural Resources Ltd., due Dec 15, 2029 0.18% 0.15%
eBay Inc., due Mar 6, 2029 0.16% 0.13%
AEP Texas Inc., due May 15, 2029 0.13% 0.11%
Centene Corp., due Dec 15, 2029 0.77% 0.11%
Blue Owl Credit Income Corp., due Sep 15, 2029 0.22% 0.10%
Fidelity National Information Services, Inc., due Mar 10, 2029 0.56% 0.10%
Atlassian Corp., due May 15, 2029 0.12% 0.09%
Salesforce, Inc., due Mar 15, 2029 1.04% 0.09%
Public Service Co. of Colorado, due Mar 13, 2029 0.17% 0.09%
Amcor Flexibles North America, Inc., due Mar 8, 2029 0.18% 0.09%
Only in one fund ↓
Only in BSCT
AbbVie Inc., due Nov 21, 2029 1.27%
International Business Machines Corp., due May 15, 2029 0.77%
Verizon Communications Inc., due Dec 3, 2029 0.73%
AT&T Inc., due Mar 1, 2029 0.73%
Amazon.com, Inc., due Mar 13, 2029 0.73%
Oracle Corp., due Feb 4, 2029 0.72%
Anheuser Busch InBev Worldwide Inc., due Jan 23, 2029 0.72%
Fiserv, Inc., due Jul 1, 2029 0.70%
Only in USTB
U S TREASURY NOTE, due Nov 15, 2027 1.75%
U S TREASURY NOTE, due Aug 31, 2030 1.57%
U S TREASURY NOTE, due Dec 31, 2028 1.38%
U S TREASURY NOTE, due Jan 31, 2031 1.25%
U S TREASURY NOTE, due Aug 15, 2029 1.00%
ANTERO RESOURCES CORP 0.98%
U S TREASURY NOTE, due Aug 31, 2027 0.75%
U S TREASURY NOTE, due Dec 15, 2026 0.68%
Check overlap with more funds →

Side by side

BSCT Invesco BulletShares 2029 Corporate Bond ETF USTB VictoryShares Short-Term Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +1.3% +2.7%
Its benchmark over the same days −1.4% (AGG) not measured
Gap to its benchmark +2.7 pts vs AGG not measured
Expense ratio 0.10% 0.34%
Holdings 509 1034
Net assets, BSCT as of Oct 27, 2026 and USTB as of Jun 30, 2026 $3.1bn $2.2bn

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

Client brief · page 1 of 2 Report BR-06A595951B

BSCT and USTB 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 USTB follows No index, actively managed.
  2. Holdings in common. 2% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
  3. Cost. BSCT charges 0.10% of assets a year and USTB 0.34%, a gap of 0.24 points.

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.

USTB

USTB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested. The prospectus expense ratio is 0.34% a year.

Questions people ask

Which returned more over the last year, BSCT or USTB?
In the year to Oct 28, 2026, with distributions reinvested, BSCT returned +1.3% and USTB +2.7%.
Which is cheaper, BSCT or USTB?
BSCT is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BSCT against USTB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bsct-vs-ustb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.