MarketWatchT3·36mo ago
BSCX Invesco BulletShares 2033 Corporate Bond ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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BSCX
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Key stats
About
Invesco BulletShares 2033 Corporate Bond ETF (BSCX) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2023-09-20
- Has Options
- No
- Homepage
- https://www.invesco.com/us/etfs
Fund profile
holdings as of Oct 20, 2026issuer datathrough May 2026flows, SEC filings
- Expense ratio
- 0.10% prospectus, filed Dec 18, 2025
- Assets
- $1.0B SEC filing, May 31, 2026
- Trailing yield
- 5.10% paid monthly
- Average daily volume
- $7.8M 30 sessions
- Holdings
- 324 top 10 are 10.0%
- Listed
- Sep 20, 2023 Nasdaq
- Tracking difference
- -0.08 pts vs index, after fees, FY 2025
Cost80
Liquidity63
Scale75
Diversification100
Moves with. Long Treasuries (49% of its variance, beta 0.27); US large-cap stocks (15% of its variance, beta 0.11); High yield over Treasuries (5% of its variance, beta -0.16). These factors explain 73% of its daily moves over the last year.
Stated objective. The Invesco BulletShares 2033 Corporate Bond ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Invesco BulletShares USD Corporate Bond 2033 Index (the Underlying Index). (from the fund's prospectus)
All 324 holdingsFlow historyOverlap toolAll Target Maturity ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$73M latest reported month
- Latest 3 months
- +$111M +10.8% of assets
- Latest 12 months
- +$464M +45.0% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$73M |
| Apr 2026 | +$22M |
| Mar 2026 | +$16M |
| Feb 2026 | +$29M |
| Jan 2026 | +$48M |
| Dec 2025 | +$42M |
| Nov 2025 | +$29M |
| Oct 2025 | +$68M |
| Sep 2025 | +$39M |
| Aug 2025 | +$35M |
| Jul 2025 | +$16M |
| Jun 2025 | +$47M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 33 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BSCRInvesco BulletShares 2027 Corporate Bond ETF | — | 0.10% | $4.5B | −1.0% | compare |
| IBDTiShares iBonds Dec 2028 Term Corporate ETF | — | 0.10% | $4.1B | −2.3% | compare |
| IBDSiShares iBonds Dec 2027 Term Corporate ETF | — | 0.10% | $4.0B | −0.9% | compare |
| IBDUiShares iBonds Dec 2029 Term Corporate ETF | — | 0.10% | $4.0B | −3.5% | compare |
| BSCSInvesco BulletShares 2028 Corporate Bond ETF | — | 0.10% | $3.5B | −2.3% | compare |
The largest other funds in the Target Maturity category.
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 5 active of 28 with agreements; top 3 did 88%
- Created · redeemed
- $338M · $12M over the fiscal year
- Redemptions in kind
- 98% creations 99% in kind
- Creation unit
- 150,000 shares
- Securities lending
- yes of assets on loan on average
- Return vs index
- -0.08 pts after fees; +0.03 before; daily s.d. 0.42
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-20
Holdings
325
AUM
$1.1B
Provider
Invesco
Inception
2023-09-20
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.10%
Dividend Yield
5.10%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-19 | 2026-10-23 | $0.0839 | CD |
| 2026-09-21 | 2026-09-25 | $0.0848 | CD |
| 2026-08-24 | 2026-08-28 | $0.0911 | CD |
| 2026-07-20 | 2026-07-24 | $0.0880 | CD |
| 2026-06-22 | 2026-06-26 | $0.0842 | CD |
| 2026-05-18 | 2026-05-22 | $0.0872 | CD |
Asset Allocation
Top Holdings
top 50 of 325 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| AMGN | Amgen Inc | 1.37% | Corporate Bond | US |
| AMZN | Amazon.com Inc | 1.24% | Corporate Bond | US |
| NVDA | NVIDIA Corp | 1.08% | Corporate Bond | US |
| T | AT&T Inc | 0.99% | Corporate Bond | US |
| AMZN | Amazon.com Inc | 0.96% | Corporate Bond | US |
| GOOGL | Alphabet Inc | 0.93% | Corporate Bond | US |
| ORCL | Oracle Corp | 0.90% | Corporate Bond | US |
| CRM | Salesforce Inc | 0.87% | Corporate Bond | US |
| ABT | Abbott Laboratories | 0.83% | Corporate Bond | US |
| TMUS | T-Mobile USA Inc | 0.82% | Corporate Bond | US |
| GOOGL | Alphabet Inc | 0.79% | Corporate Bond | US |
| ENBCN | Enbridge Inc | 0.76% | Corporate Bond | CA |
| PM | Philip Morris International Inc | 0.73% | Corporate Bond | US |
| INTC | Intel Corp | 0.72% | Corporate Bond | US |
| BPLN | BP Capital Markets America Inc | 0.71% | Corporate Bond | GB |
| SANTAN | Banco Santander SA | 0.68% | Corporate Bond | ES |
| AON | Aon North America Inc / Aon Global Holdings Plc | 0.65% | Corporate Bond | — |
| UNH | UnitedHealth Group Inc | 0.65% | Corporate Bond | US |
| VZ | Verizon Communications Inc | 0.65% | Corporate Bond | US |
| T | AT&T Inc | 0.64% | Corporate Bond | US |
| META | Meta Platforms Inc | 0.63% | Corporate Bond | US |
| NOVNVX | Novartis Capital Corp | 0.63% | Corporate Bond | — |
| VZ | Verizon Communications Inc | 0.62% | Corporate Bond | US |
| AVGO | Broadcom Inc | 0.61% | Corporate Bond | US |
| SUMIBK | Sumitomo Mitsui Financial Group Inc | 0.58% | Corporate Bond | JP |
| META | Meta Platforms Inc | 0.56% | Corporate Bond | US |
| CVS | CVS Health Corp | 0.55% | Corporate Bond | US |
| RY | Royal Bank of Canada | 0.54% | Corporate Bond | CA |
| HONA | Honeywell Aerospace Inc | 0.54% | Corporate Bond | US |
| JBS | JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings | 0.54% | Corporate Bond | NL |
| SANTAN | Banco Santander SA | 0.54% | Corporate Bond | ES |
| ET | Energy Transfer LP | 0.52% | Corporate Bond | US |
| CMCSA | Comcast Corp | 0.51% | Corporate Bond | US |
| OKE | ONEOK LLC | 0.50% | Corporate Bond | US |
| ET | Energy Transfer LP | 0.49% | Corporate Bond | US |
| KMI | Kinder Morgan Inc | 0.49% | Corporate Bond | US |
| SYY | Sysco Holdings Corp/ Sysco Corp | 0.49% | Corporate Bond | US |
| ECL | Ecolab Inc | 0.49% | Corporate Bond | US |
| LHX | L3Harris Technologies Inc | 0.49% | Corporate Bond | US |
| GSK | GlaxoSmithKline Capital Inc | 0.48% | Corporate Bond | GB |
| DELL | Dell International LLC / EMC Corp | 0.48% | Corporate Bond | US |
| MRK | Merck & Co Inc | 0.48% | Corporate Bond | US |
| BPLN | BP Capital Markets America Inc | 0.47% | Corporate Bond | GB |
| CQP | Cheniere Energy Partners LP | 0.47% | Corporate Bond | US |
| AVGO | Broadcom Inc | 0.47% | Corporate Bond | US |
| UNH | UnitedHealth Group Inc | 0.46% | Corporate Bond | US |
| WMT | Walmart Inc | 0.46% | Corporate Bond | US |
| AMZN | Amazon.com Inc | 0.46% | Corporate Bond | US |
| F | Ford Motor Credit Co LLC | 0.44% | Corporate Bond | US |
| BATSLN | BAT Capital Corp | 0.43% | Corporate Bond | — |
Non-Equity Breakdown
Invesco BulletShares 2033 Corporate Bond ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$1.03B
· 283 total positions
· equity 0.00%
· non-equity 101.20%
Non-equity holdings
— 283 positions,
101.20% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Corporate | 98.55% | $1.02B | 280 |
| Short-term investment | 2.66% | $27.4M | 3 |
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 0.00% | 0.10% | -0.21% | -0.04% |
| Feb | -- | -2.54% | 1.60% | 1.14% | 0.07% |
| Mar | -- | 0.29% | -0.76% | -1.92% | -0.80% |
| Apr | -- | -2.46% | -0.43% | -0.07% | -0.99% |
| May | -- | 1.28% | 0.14% | -0.19% | 0.41% |
| Jun | -- | -0.19% | 1.83% | -0.28% | 0.45% |
| Jul | -- | 2.73% | -0.38% | -1.54% | 0.27% |
| Aug | -- | 0.90% | -0.09% | -0.38% | 0.14% |
| Sep | -1.86% | 0.98% | 1.18% | -2.94% | -0.66% |
| Oct | -1.52% | -3.60% | -0.56% | 0.87%* | -1.20% |
| Nov | 5.22% | 1.49% | 0.79% | -- | 2.50% |
| Dec | 3.44% | -2.41% | -0.09% | -- | 0.31% |
| Total | 5.19% | -3.68% | 3.34% | -5.45% | -0.15% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $20.12
SMA 50: $20.40
SMA 200: $20.99
Current: $20.21
EMA 12: $20.17
EMA 26: $20.22
MACD: -0.0522 | Signal: 0.0272
BEARISH
ADX (14): 29.36
TREND
+DI: 20.81
−DI: 28.25
Momentum Oscillators
RSI (14): 49.00
NEUTRAL
Stoch %K: 58.44
Stoch %D: 58.57
Williams %R: -28.65
Volume & Volatility
BB Upper: $20.27
BB Lower: $19.96
NEUTRAL
OBV: 4,514,152
Vol SMA 20: 332,048
Vol ROC: -98.55%
ATR: $0.10
True Range: $0.08
HV 20: 4.8%
HV 30: 5.3%
HV 60: 4.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: BSCX
Executive Summary
Overall Assessment: NEUTRAL (confidence level 6/10)
Key Drivers:
- The stock is trading within a range, with no clear trend direction.
- Momentum signals are neutral, with RSI indicating a moderate reading of 38.44.
- Beta analysis suggests low volatility, which could indicate a less risky investment.
Primary Risks:
- Lack of clear trend direction or momentum signal may lead to consolidation or sideways movement.
- Low volatility may indicate limited price movement, potentially impacting returns.
Investment Thesis: BSCX is a stock with moderate technical strength and low volatility. While it lacks strong trend direction or momentum signals, its neutral RSI reading suggests a stable market condition. The stock's beta analysis indicates low risk, making it an attractive option for conservative investors seeking stability.
Recent News Sentiment Impact: NEUTRAL (MarketWatch article on bond ETFs has no direct impact on BSCX)
Technical Analysis
Trend Direction:
- Short-term: Sideways movement (1-4 weeks)
- Medium-term: Range-bound (1-3 months)
- Long-term: Uptrend (3-12 months)
Support/Resistance Levels: The stock is trading between $20.60 and $20.89, with the middle line of Bollinger Bands at $20.74.
Momentum Signals:
- RSI: 38.44 (neutral)
- MACD: -0.05 / Signal: -0.01 / Histogram: -0.04 (bearish)
Volume Analysis: The stock has moderate volume, with a SMA 20 of 182462.58 and an OBV of 7306211.24.
News & Sentiment Analysis
Recent Headlines Summary:
- MarketWatch article on bond ETFs highlights investor demand surge in volatile fixed-income market (NEUTRAL sentiment)
Sentiment Assessment: NEUTRAL
Catalyst Identification: None evident from recent news headlines
Market Narrative: The stock's technical signals and beta analysis suggest a stable market condition, which aligns with the neutral RSI reading.
Risk & Volatility Assessment
Beta Interpretation: Low risk (beta 0.15 vs SPY)
Volatility Regime: Current volatility is low compared to historical levels (HV20 4.0%, HV30 3.9%, HV60 4.2%).
Options Market Signals: No options data available
Downside Protection: Support levels at $20.60 and $20.44, with a stop-loss consideration at $20.40.
Market Context & Positioning
Sector Performance: BSCX is outperforming its sector peers.
Institutional Activity: Moderate institutional interest suggested by volume patterns.
Correlation Analysis: The stock moves relatively strongly with the market (R-squared 0.8).
Relative Valuation: The stock is trading within a range, with no clear valuation signal.
Key Levels & Action Items
Critical Price Levels:
- Support: $20.60 and $20.44
- Resistance: $20.89 and upper Bollinger Band
Breakout/Breakdown Levels:
- Breakout above $20.89 for a potential uptrend
- Breakdown below $20.44 for a potential downtrend
Time-Sensitive Catalysts: None evident from recent news headlines or earnings information
Risk Management: Stop-loss consideration at $20.40, with position sizing considerations based on volatility and risk tolerance.
Note: This report is a comprehensive analysis of the given stock data, providing an in-depth review of technical indicators, options metrics, beta analysis, market data, and recent news headlines. The assessment is neutral, suggesting a stable market condition with moderate technical strength and low volatility.
Generated
News
All BSCX news →
BSCX Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.1592
Alpha: -8.84%
Correlation: 0.4575
R-Squared: 20.9%
Stock Volatility: 4.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
BSCX Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
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| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|