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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco BulletShares 2027 Corporate Bond ETF

$19.67+0.03% today
19.5719.7952-WK

The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. The underlying index seeks to measure the performance of a portfolio of U.S. dollar-denominated investment grade corporate bonds with maturities or, in some cases, "effective maturities" in the year 2027 (collectively, "2027 Bonds").

Price & daily flows
19.7419.6819.6219.67DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -0.4% so far this year. At 0.10% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$4.6Bassets under management
0.10%expense ratio · $10 per $10,000 a year
net flow, trailing month
628Kavg daily volume, 30 days
448holdings · US-domiciled
2017listed September 26, 2017 · beta 0.02
The book at a glance
0.9%0.9%0.8%0.7%0.7%0.6%0.6%0.6%0.6%0.6%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.5%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.3%0.3%0.3%0.3%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1MSFT 3.3 02/06/270.89%
2Citigroup Inc0.88%
3AMAZON.COM INC 3.15 8/22/20270.79%
4MORGAN STANLEY 3.625 1/20/20270.68%
5Goldman Sachs Group Inc/The0.68%
6Oracle Corp0.61%
7META PLATFORMS INC MTN0.59%
8Wells Fargo & Co0.56%
9BANK OF AMERICA CORP 3.248 10/21/20270.56%
10AT&T INC SR UNSECURED 06/27 2.30.55%
11ABBVIE INC SR UNSECURED 03/27 4.80.52%
12CITIBANK NA SR UNSECURED 05/27 4.5760.51%
13Oracle Corp0.51%
14Apple Inc0.50%
15CVS Health Corp0.49%

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Sector weights
Cash & Others100%
Other100%
Corporate99.92%
Industrial60.85%
Financial33.79%
Utility5.36%
Mutual fund0.08%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.1%
1 month+0.5%
3 months+0.3%
6 months-0.6%
YTD-0.4%
1 year-0.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
0%realized volatility, 30 days (annualized)
1%realized volatility, 1 year
-1.1%deepest fall from a peak, 1 year
-0.6%where it sits vs. that peak today

The top holding is 0.9% of the book; the top ten carry 7%. Spread across 250+ names, it behaves like roughly 211 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against BSCR

Due diligence cuts both ways. These funds sit on the same shelf and beat BSCR on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-7bp on fee · 3× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-6bp on fee · 8× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-5bp on fee · 28× the assets · +$547M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-6bp on fee · 5× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-6bp on fee · 4× the assets · +$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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