Invesco BulletShares 2035 Corporate Bond ETF(BSCZ · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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BSCZ
Snapshot
Info

Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) ETF

Exchange
XNAS
Inception
2025-06-11
Has Options
No
ETF Profile
holdings as of 2026-07-22
Holdings
315
AUM
$269.4M
Provider
Invesco
Inception
2025-06-11
Exchange
XNAS
Data As Of
2026-07-22
Expense Ratio
Dividend Yield
4.62%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-07-20 2026-07-24 $0.0911 CD
2026-06-22 2026-06-26 $0.0869 CD
2026-05-18 2026-05-22 $0.0861 CD
2026-04-20 2026-04-24 $0.0837 CD
2026-03-23 2026-03-27 $0.0768 CD
2026-02-23 2026-02-27 $0.0670 CD
Asset Allocation
Top Holdings
top 50 of 315 holdings
Symbol Name Weight % Asset Class Country
META Meta Platforms Inc 2.23% Corporate Bond
ORCL Oracle Corp 1.31% Corporate Bond
GOOGL Alphabet Inc 1.21% Corporate Bond
AMZN Amazon.com Inc 1.20% Corporate Bond
AVGO Broadcom Inc 0.88% Corporate Bond
ABBV AbbVie Inc 0.86% Corporate Bond
SNPS Synopsys Inc 0.85% Corporate Bond
T AT&T Inc 0.84% Corporate Bond
VZ Verizon Communications Inc 0.80% Corporate Bond
VZ Verizon Communications Inc 0.76% Corporate Bond
CHTR Charter Communications Operating LLC / Charter Communications Operating Capital 0.71% Corporate Bond
MRSH Marsh & McLennan Cos Inc 0.71% Corporate Bond
MDT Medtronic Inc 0.66% Corporate Bond
MRK Merck & Co Inc 0.62% Corporate Bond
CAT Caterpillar Inc 0.62% Corporate Bond
GPN Global Payments Inc 0.61% Corporate Bond
ORCL Oracle Corp 0.59% Corporate Bond
ABBV AbbVie Inc 0.58% Corporate Bond
TACHEM Takeda US Financing Inc 0.58% Corporate Bond
HCA HCA Inc 0.55% Corporate Bond
CVS CVS Health Corp 0.55% Corporate Bond
MPLX MPLX LP 0.54% Corporate Bond
WM Waste Management Inc 0.54% Corporate Bond
WMT Walmart Inc 0.54% Corporate Bond
AJG Arthur J Gallagher & Co 0.53% Corporate Bond
MRK Merck & Co Inc 0.52% Corporate Bond
V Visa Inc 0.51% Corporate Bond
MSFT Microsoft Corp 0.49% Corporate Bond
WMT Walmart Inc 0.49% Corporate Bond
F Ford Motor Credit Co LLC 0.46% Corporate Bond
JNJ Johnson & Johnson 0.46% Corporate Bond
ET Energy Transfer LP 0.46% Corporate Bond
LLY Eli Lilly & Co 0.46% Corporate Bond
PEP PepsiCo Inc 0.46% Corporate Bond
CSCO Cisco Systems Inc 0.45% Corporate Bond
T AT&T Inc 0.45% Corporate Bond
UPS United Parcel Service Inc 0.45% Corporate Bond
DE Deere & Co 0.45% Corporate Bond
PEP PepsiCo Inc 0.45% Corporate Bond
CRHID CRH America Finance Inc 0.45% Corporate Bond
LLY Eli Lilly & Co 0.45% Corporate Bond
WELL Welltower OP LLC 0.45% Corporate Bond
CB Chubb INA Holdings LLC 0.44% Corporate Bond
MSCI MSCI Inc 0.44% Corporate Bond
FANG Diamondback Energy Inc 0.44% Corporate Bond
PFE Pfizer Inc 0.44% Corporate Bond
COP ConocoPhillips Co 0.44% Corporate Bond
SANTAN Banco Santander SA 0.44% Corporate Bond
TD Toronto-Dominion Bank/The 0.44% Corporate Bond
UBER Uber Technologies Inc 0.43% Corporate Bond
Non-Equity Breakdown
Invesco Investment Grade Defensive ETF · NPORT-P period 2026-08-31 (filed 2026-04-28)
Net assets: $31M · 165 total positions · equity 0.00% · non-equity 103.17%
Non-equity holdings — 165 positions, 103.17% of NAV
Category Weight Value Positions
Corporate 98.85% $30.8M 162
Short-term investment 4.32% $1.3M 3
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -0.43% 1
Feb +1.20% 1
Mar -1.96% 1
Apr -0.07% 1
May +0.02% 1
Jun +0.88% 2
Jul -1.29% 2
Aug -0.27% 1
Sep +1.47% 1
Oct -0.36% 1
Nov +0.96% 1
Dec -0.14% 1
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: $20.33
SMA 50: $20.39
SMA 200: $20.68
Current: $20.00
EMA 12: $20.22
EMA 26: $20.32
MACD: -0.0918 | Signal: -0.0333
BEARISH
ADX (14): 23.08
WEAK TREND
+DI: 17.85
−DI: 49.64
Momentum Oscillators
RSI (14): 29.88
OVERSOLD
Stoch %K: 2.32
Stoch %D: 6.24
Williams %R: -96.95
Volume & Volatility
BB Upper: $20.63
BB Lower: $20.04
OVERSOLD
OBV: 1,516,708
Vol SMA 20: 94,587
Vol ROC: 113.90%
ATR: $0.08
True Range: $0.10
HV 20: 4.9%
HV 30: 5.7%
HV 60: 5.7%

Data Summary
Data Points: 280
Last Updated:
Date Range: 2025-06-11T00:00:00 – 2026-07-23T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
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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:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which 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
pts EXTREME
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

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
Beta (1Y vs SPY)
0.17
Correlation (SPY)
41.4%
0.17
Ann. Volatility
5.2%
SPY Volatility
12.7%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month