BSCS vs SHM

Comparison between INVESCO BULLETSHARES 2028 CORPORATE BOND ETF (BSCS, ETF) and SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM, ETF).

5-Year PerformanceBSCS has outperformed SHM, delivering a return of +1.5% compared to +0.9%

BSCS vs SHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSCS(ETF)	SHM(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	0.10%	0.20%
Max Drawdown	20.35%	11.61%
Sharpe Ratio	0.66	0.01
5Y Beta	0.03	0.01
5Y Dividends CAGR	10.32%	19.21%

Net Assets

BSCS

$3.40B

SHM

$3.40B

Expense Ratio

Winner

BSCS

0.10%

SHM

0.20%

Max Drawdown

BSCS

20.35%

Winner

SHM

11.61%

Sharpe Ratio

Winner

BSCS

0.66

SHM

0.01

5Y Beta

BSCS

0.03

Winner

SHM

0.01

5Y Dividends CAGR

BSCS

10.32%

Winner

SHM

19.21%

BSCS vs SHM - Historical Returns

Returns include dividend reinvestment.

Period	BSCS	SHM
1 month	+0.26%	-0.05%
3 months	+0.16%	-0.37%
6 months	+1.52%	+1.05%
1 year	+5.08%	+3.75%
5 years(CAGR)	+1.45%	+0.87%
10 years(CAGR)	N/A	+1.15%
Max(CAGR)	+3.73%	+1.79%

Winner

BSCS

+0.26%

SHM

-0.05%

Winner

BSCS

+0.16%

SHM

-0.37%

Winner

BSCS

+1.52%

SHM

+1.05%

Winner

BSCS

+5.08%

SHM

+3.75%

5Y(CAGR)

Winner

BSCS

+1.45%

SHM

+0.87%

10Y(CAGR)

BSCS

N/A

SHM

+1.15%

Max(CAGR)

Winner

BSCS

+3.73%

SHM

+1.79%

BSCS vs SHM - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BSCS	SHM
2026	+0.63%	+0.45%
2025	+6.93%	+3.86%
2024	+4.31%	+1.22%
2023	+7.23%	+2.81%
2022	-10.92%	-3.80%
2021	-1.72%	-0.37%
2020	+10.08%	+2.53%
2019	+15.10%	+3.60%
2018	-0.39%	+1.42%
2017	N/A	+1.01%
2016	N/A	-0.49%
2015	N/A	+1.13%
2014	N/A	+1.01%
2013	N/A	+1.27%
2012	N/A	+1.32%
2011	N/A	+3.76%
2010	N/A	+1.19%
2009	N/A	+4.28%
2008	N/A	+5.83%
2007	N/A	+1.61%

BSCS vs SHM Drawdown Comparison

The maximum drawdown for BSCS was -18.40%, occurring on Mar 20, 2020. Recovery took 67 trading sessions.

The maximum drawdown for SHM was -11.61%, occurring on Mar 19, 2020. Recovery took 50 trading sessions.

The current BSCS drawdown is -0.11%. The current SHM drawdown is -0.65%.

Rank	BSCS	SHM
#1	-18.40% Mar 4, 2020 - Jun 9, 2020	-11.61% Mar 9, 2020 - May 19, 2020
#2	-17.63% Aug 2, 2021 - Jun 4, 2025	-6.97% Sep 23, 2008 - Dec 5, 2008
#3	-4.47% Dec 31, 2020 - Aug 2, 2021	-6.67% Aug 3, 2021 - Sep 5, 2024
#4	-2.88% Aug 22, 2018 - Jan 11, 2019	-3.50% Aug 31, 2010 - May 6, 2011
#5	-2.52% Aug 28, 2019 - Oct 4, 2019	-3.07% Feb 13, 2008 - Mar 18, 2008
#6	-1.54% Aug 6, 2020 - Nov 18, 2020	-2.70% Aug 22, 2016 - Aug 2, 2017
#7	-1.43% Oct 4, 2019 - Dec 3, 2019	-2.63% Apr 23, 2013 - Oct 23, 2013
#8	-1.11% Jul 3, 2019 - Aug 1, 2019	-2.07% Sep 5, 2017 - Jan 11, 2019
#9	-1.09% Jun 10, 2020 - Jun 15, 2020	-1.87% Feb 13, 2009 - Apr 16, 2009
#10	-1.08% Feb 27, 2026 - Mar 26, 2026	-1.75% Mar 18, 2008 - Aug 15, 2008
#11	-0.92% Jun 17, 2020 - Jul 2, 2020	-1.67% Sep 6, 2011 - Jan 11, 2012
#12	-0.68% Dec 11, 2019 - Dec 27, 2019	-1.67% Apr 4, 2025 - Jun 12, 2025
#13	-0.63% Mar 27, 2019 - Apr 10, 2019	-1.31% Oct 3, 2024 - Feb 25, 2025
#14	-0.54% Feb 26, 2019 - Mar 7, 2019	-1.24% Sep 17, 2008 - Sep 23, 2008
#15	-0.50% Apr 26, 2019 - May 7, 2019	-1.13% Feb 26, 2026 - Mar 24, 2026

Correlation

Correlation between BSCS and SHM is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2007 - 2026)

BSCS vs SHM dividend yield comparison.

Year	BSCS	SHM
2026	1.43%	0.89%
2025	4.46%	2.61%
2024	4.54%	2.06%
2023	3.90%	1.15%
2022	2.72%	0.69%
2021	2.13%	0.86%
2020	2.51%	1.24%
2019	3.04%	1.40%
2018	1.42%	1.23%
2017	0.00%	1.06%
2016	0.00%	0.94%
2015	0.00%	0.92%
2014	0.00%	0.93%
2013	0.00%	0.97%
2012	0.00%	1.40%
2011	0.00%	1.60%
2010	0.00%	1.91%
2009	0.00%	2.03%
2008	0.00%	2.59%
2007	0.00%	0.72%