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

Invesco BulletShares 2028 Corporate Bond ETF

$20.39-0.00% today
202152-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 2028 (collectively, "2028 Bonds").

Price & daily flows
20.620.520.320.39DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$822M OVER THIS RANGE

The desk’s read

Money is leaving — −$48M walked out over the past month, about 1.4% of the fund's asset base, while the price has returned -1.1% so far this year. At 0.10% a year it is not the cheapest way in — SLQD runs the same ground at 0.06%.

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

$3.5Bassets under management
0.10%expense ratio · $10 per $10,000 a year
−$48Mnet flow, trailing month
709Kavg daily volume, 30 days
368holdings · US-domiciled
2018listed August 8, 2018 · beta 0.04
The book at a glance
1.2%0.9%0.9%0.8%0.8%0.8%0.7%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%0.4%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%0.4%0.4%0.4%0.4%

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

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1CVS 4.3 03/25/281.16%
2Amgen Inc0.90%
3CIGNA COR 4.375% 10/15/280.89%
4AERCAP IR 3.% 10/29/280.84%
5Salesforce Inc0.82%
6NVIDIA CORP SR UNSECURED 06/28 4.250.81%
7RTX 4 1/8 11/16/280.70%
8SPRINT CAPITAL CORPORATION0.61%
9Citibank NA0.61%
10AMAZON.COM INC SR UNSECURED 11/28 3.90.58%
11Apple Inc0.55%
12AMAZON.COM INC SR UNSECURED 03/28 3.850.53%
13Apple Inc0.50%
14AT&T INC 1.65 2/1/20280.50%
15AMAZON.CO 1.65% 05/12/280.50%

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Sector weights
Other100%
Cash & Others100%
Corporate99.7%
Industrial68.11%
Financial26.71%
Utility4.48%
Government Agency0.7%
Mutual fund0.3%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week0.0%
1 month+0.6%
3 months+0.2%
6 months-1.3%
YTD-1.1%
1 year-0.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$18M
1 month−$48M
3 months+$54M
YTD+$730M
1 year+$822M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
1%realized volatility, 30 days (annualized)
2%realized volatility, 1 year
-2.0%deepest fall from a peak, 1 year
-1.4%where it sits vs. that peak today

The top holding is 1.2% of the book; the top ten carry 8%. Spread across 250+ names, it behaves like roughly 201 equally-weighted positions.

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

The case against BSCS

Due diligence cuts both ways. These funds sit on the same shelf and beat BSCS 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 · 5× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-6bp on fee · 11× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-5bp on fee · 36× 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 · 7× 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 · 5× 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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