Data as of Oct 28, 2026.

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BSCU vs SPIB: Differences, Returns & Fees

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BSCU's duration was 3.6 years on May 31, 2026 and SPIB's 4.2 on Jun 30, 2026; SPIB charges 0.04% to BSCU's 0.10%.

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Net assets on Oct 27, 2026: $2.8bn for Invesco BulletShares 2030 Corporate Bond ETF and $11.6bn for State Street SPDR Portfolio Intermediate Term Corporate Bond ETF.

At a glance
+0.3%
BSCU total return, 1 year
−0.1%
SPIB total return, 1 year
0.10%
BSCU expense ratio
0.04%
SPIB expense ratio

Pair scorecard

SPIB costs 0.06 points a year less; their one-year returns differ by 0.4 points; SPIB is 4.1 times larger.

BSCU vs SPIB: Differences, Returns & Fees
MeasureBSCUSPIB
Return
Total return, 1 year+0.3%−0.1%
Benchmark
What it tracksInvesco BulletShares USD Corporate Bond 2030 IndexBloomberg U.S. Intermediate Corporate Bond Index
Cost and size
Expense ratio0.10%0.04%
Net assets, as of Oct 27, 2026$2.8bn$11.6bn
Holdings
Holdings in common6%

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

Risk and return

Sep 25, 2020 to Oct 23, 2026 · 317 weekly returns · each against AGG
BSCU SPIB
Return
Total return edge SPIB +3.1% +9.4%
Annualized edge SPIB +0.5% +1.5%
Price return edge SPIB −17.7% −11.3%
Risk
Volatility edge SPIB 6.1% 4.0%
Max drawdown edge SPIB −22.0% −14.3%
Downside capture 99.8% 66.4%
Beta 1.06 0.71
Risk-adjusted
Sharpe edge Tie −0.42 −0.42
Sortino edge Tie −0.57 −0.57
Treynor −0.024 −0.024
Calmar edge SPIB 0.02 0.10
Against the benchmark
Alpha +1.1% a year +0.8% a year
Alpha t-stat 1.33 1.62
Information ratio 0.44 0.91
Tracking error 2.1% 2.0%
Reading

SPIB returned more: +9.4% to +3.1%. SPIB swung less: 4.0% to 6.1%. SPIB fell less at its worst: −14.3% to −22.0%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: BSCU vs SPIB: Differences, Returns & Fees
MeasureBSCUSPIBAGGEdgeHow it is measured
Return
Total return+3.1%+9.4%SPIBPrice change plus distributions, reinvested.
Annualized+0.5%+1.5%SPIBTotal return as a yearly rate.
Price return−17.7%−11.3%SPIBPrice change alone, distributions left out.
Risk
Volatility6.1%4.0%SPIBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation4.5%3.0%SPIBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−22.0%−14.3%SPIBDeepest fall from a high to the low after it.
Upside capture106.7%71.5%100.0%BSCUShare of its benchmark's rise caught in the weeks it rose.
Downside capture99.8%66.4%100.0%SPIBShare of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.060.711.00SPIB lowerHow far it moves for each 1% its benchmark moves.
R squared0.880.911.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe−0.42−0.42TieReturn above Treasury bills per unit of volatility.
Sortino−0.57−0.57TieReturn above Treasury bills per unit of downside deviation.
Treynor−0.024−0.024−0.035TieReturn above Treasury bills per unit of beta.
Calmar0.020.10SPIBAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkAGGAGGAGGThe ETF each fund is measured against.
Alpha+1.1% a year+0.8% a year0.0%Not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat1.331.62Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.5% to +2.8%−0.2% to +1.7%Both include zeroThe 95% range for the yearly alpha.
Information ratio0.440.91SPIBReturn against its benchmark per unit of tracking error.
Tracking error2.1%2.0%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, 317 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

6%

By the books each fund has filed, BSCU and SPIB hold 6% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first BSCU SPIB
Broadcom Inc., due Feb 15, 2030 0.40% 0.15%
Novartis Capital Corp., due Nov 5, 2030 0.46% 0.14%
Boeing Co. (The), due May 1, 2030 1.22% 0.07%
Sumitomo Mitsui Financial Group, Inc., due Jan 13, 2030 0.37% 0.06%
Meta Platforms, Inc., due Nov 15, 2030 1.05% 0.06%
Microchip Technology Inc., due Feb 15, 2030 0.27% 0.06%
Smith & Nephew PLC, due Oct 14, 2030 0.21% 0.06%
Pioneer Natural Resources Co., due Aug 15, 2030 0.26% 0.05%
Cisco Systems, Inc., due Feb 24, 2030 0.27% 0.05%
Shell Finance US Inc., due Nov 6, 2030 0.26% 0.05%
Oracle Corp., due Sep 26, 2030 0.78% 0.05%
Johnson & Johnson, due Mar 1, 2030 0.27% 0.05%
Only in one fund ↓
Only in BSCU
Pacific Gas and Electric Co., due Jul 1, 2030 0.82%
Centene Corp., due Oct 15, 2030 0.53%
Exxon Mobil Corp., due Oct 15, 2030 0.50%
Centene Corp., due Feb 15, 2030 0.49%
Otis Worldwide Corp., due Feb 15, 2030 0.37%
Coca-Cola Co. (The), due Jun 1, 2030 0.36%
Enterprise Products Operating LLC, due Jan 31, 2030 0.31%
Chevron U.S.A. Inc., due Apr 15, 2030 0.30%
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

BSCU Invesco BulletShares 2030 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 +0.3% −0.1%
Its benchmark over the same days −1.4% (AGG) −1.4% (AGG)
Gap to its benchmark +1.7 pts vs AGG +1.3 pts vs AGG
Expense ratio 0.10% 0.04%
Holdings 450 5398
Net assets, as of Oct 27, 2026 $2.8bn $11.6bn

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

Client brief · page 1 of 2 Report BR-D9E53301D2

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

  1. What each follows. BSCU follows Invesco BulletShares USD Corporate Bond 2030 Index and SPIB follows Bloomberg U.S. Intermediate Corporate Bond Index.
  2. Holdings in common. 6% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
  3. Number of holdings. BSCU holds 450 positions and SPIB holds 5398.

Data as of Oct 28, 2026.

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About each fund
BSCU

BSCU tracks an index. Over the year to Oct 28, 2026 it returned +0.3% 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, BSCU or SPIB?
In the year to Oct 28, 2026, with distributions reinvested, BSCU returned +0.3% and SPIB −0.1%.
Which is cheaper, BSCU 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, BSCU against SPIB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bscu-vs-spib

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