Invesco Exchange-Traded Self-Indexed Fund Trust Invesco BulletShares 2032 Corporate Bond ETF
Top 10 Holdings
What is BSCW?
The Invesco BulletShares 2032 Corporate Bond ETF is based on the Nasdaq BulletShares USD Corporate Bond 2032 Index. The Fund will invest at least 80% of its total assets in corporate bonds that comprise the index. The Index seeks to measure the performance of a portfolio of US dollar denominated, investment grade corporate bonds with effective maturities in 2032.
ETFs related toBSCW
ETFs correlated to BSCW include IBDX, BSCU, IBDW
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Composer's Picks, Investing for the Long-Term
Getting Defensive, Diversification
Create your own algorithmic trading strategy with BSCW using Composer
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.