Which returned more over the last year, BSCW or SPBO?

In the year to Oct 9, 2026, with distributions reinvested, BSCW returned −1.1% and SPBO −1.8%.

Which is cheaper, BSCW or SPBO?

SPBO is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

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BSCW vs SPBO: Differences, Returns & Fees

BSCW's duration was 5.1 years on May 31, 2026 and SPBO's 6.9 on Jun 30, 2026; SPBO charges 0.03% to BSCW's 0.10%. Net assets: $1.5bn on Oct 9, 2026 for Invesco BulletShares 2032 Corporate Bond ETF, and $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF.

SPBO costs 0.07 points a year less; their one-year returns differ by 0.7 points; SPBO is 1.4 times larger.

BSCW vs SPBO: Differences, Returns & Fees
	BSCW	SPBO
Expense ratio	0.10%	0.03%
Net assets, as of Oct 8, 2026	$1.5bn	$2.1bn
Total return, 1 year	−1.1%	−1.8%
What it tracks	Invesco BulletShares USD Corporate Bond 2032 Index	Bloomberg U.S. Corporate Bond Index ?
Holdings in common	3%
Below its high	3.8%, high on Feb 27, 2026	4.0%, high on Feb 26, 2026

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

−1.1%

BSCW total return, 1 year

−1.8%

SPBO total return, 1 year

0.10%

BSCW expense ratio

0.03%

SPBO expense ratio

What they hold in common

By the books each fund has filed, BSCW and SPBO hold 3% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

half

3% in common

Positions both hold, largest shared weight first

Holding BSCW SPBO

Meta Platforms, Inc., due Nov 15, 2032 1.42% 0.12%

UBS Americas Inc., due Jul 15, 2032 0.30% 0.10%

PepsiCo, Inc., due Jul 23, 2032 0.31% 0.09%

Apple Inc., due May 12, 2032 0.36% 0.08%

Broadcom Inc., due Jul 15, 2032 0.63% 0.08%

Sumitomo Mitsui Financial Group, Inc., due Jan 15, 2032 0.22% 0.07%

Mastercard Inc., due Jan 15, 2032 0.41% 0.07%

GE HealthCare Technologies Inc., due Nov 22, 2032 0.66% 0.07%

Johnson & Johnson, due Mar 1, 2032 0.46% 0.06%

Baxter International Inc., due Feb 1, 2032 0.47% 0.06%

Sprint Capital Corp., due Mar 15, 2032 0.85% 0.06%

Toyota Motor Credit Corp., due Sep 3, 2032 0.25% 0.06%

Only in BSCW

Verizon Communications Inc., due Mar 15, 2032 1.38%

Amazon.com, Inc., due Dec 1, 2032 0.81%

Ford Motor Co., due Feb 12, 2032 0.80%

Block, Inc., due May 15, 2032 0.73%

Broadcom Inc., due Nov 15, 2032 0.70%

Ford Motor Co., due Aug 19, 2032 0.64%

Philip Morris International Inc., due Nov 17, 2032 0.56%

Altria Group, Inc., due Feb 4, 2032 0.55%

Only in SPBO

Bank of America Corp, due Jul 21, 2028 0.27%

Bank of America Corp, due May 14, 2038 0.22%

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20%

BAT Capital Corp, due Aug 2, 2043 0.18%

Bank of America Corp, due Mar 5, 2029 0.16%

Bank of America Corp, due Dec 20, 2028 0.16%

CVS Health Corp, due Jun 1, 2044 0.16%

JPMorgan Chase & Co, due Jul 23, 2036 0.15%

Check overlap with more funds →

On the same fields

BSCW

Invesco BulletShares 2032 Corporate Bond ETF

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Invesco State Street

What it is Tracks an index Tracks an index

Total return, 1 year −1.1% −1.8%

Its benchmark over the same days not published −1.9% (VTC)

Gap to its benchmark not available +0.1 pts vs VTC

Expense ratio 0.10% 0.03%

Holdings 327 4403

Net assets, BSCW as of Oct 9, 2026 and SPBO as of Oct 8, 2026 $1.5bn $2.1bn

BSCW and SPBO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About BSCW

BSCW tracks an index. Over the year to Oct 9, 2026 it returned −1.1% with distributions reinvested. The prospectus expense ratio is 0.10% a year. It sat 3.8% below its high of Feb 27, 2026 on Oct 9, 2026.

About SPBO

SPBO tracks an index. Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Corporate Bond Index ?. The prospectus expense ratio is 0.03% a year. It sat 4.0% below its high of Feb 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, BSCW or SPBO?: In the year to Oct 9, 2026, with distributions reinvested, BSCW returned −1.1% and SPBO −1.8%.
Which is cheaper, BSCW or SPBO?: SPBO is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BSCW vs IBDX BSCW vs CORP BSCW vs VTC BSCW vs UCON SPBO vs VTC CORP vs SPBO IGEB vs SPBO IBDX vs SPBO

BSCW on its own →SPBO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

BSCW filings on SEC EDGAR ↗BSCW prospectus with the expense ratio (SEC) ↗Invesco page for BSCW ↗SPBO filings on SEC EDGAR ↗SPBO prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BSCW against SPBO, data as of Oct 9, 2026. https://etfiq.com/compare/any/bscw-vs-spbo

Open data

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