Industry Distribution: Financial Services, Healthcare, Consumer Goods

Top 3 Markets:

1. USA: approx. 60%
2. Europe: approx. 25%
3. Asia: approx. 15%

The Invesco BulletShares 2026 Corporate Bond ETF invests in corporate bonds from various industries, with Financial Services, Healthcare, and Consumer Goods being the main sectors.

The geographical distribution of investments shows a strong focus on the US market, followed by Europe and Asia. This distribution reflects the fund's global diversification strategy to minimize risks and optimize returns.

Invesco BulletShares 2026 Corporate Bond ETF is an exchange-traded fund (ETF) and not a company that manufactures physical products.

Invesco is a global investment management company that offers financial products and services, including ETFs like the BulletShares 2026 Corporate Bond ETF. These ETFs invest in a portfolio of corporate bonds that mature by the year 2026. As financial products, there are no physical production facilities involved.

Strategy for Future Growth: Diversification and Risk Management

Invesco BulletShares 2026 Corporate Bond ETF pursues a strategy focused on diversification and risk management. The fund invests in a portfolio of corporate bonds maturing in 2026. This strategy allows investors to benefit from a clear maturity structure, facilitating cash flow planning and management.

Additionally, the fund emphasizes selecting high-quality corporate bonds to minimize risk and generate stable returns. By focusing on a specific maturity, the ETF offers predictable returns, making it particularly attractive to investors seeking predictable income.

Invesco could also continue to work on optimizing the cost structure and improving fund management efficiency to maximize returns for investors.

Commodities/Materials: Not applicable

Import countries: Not applicable

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an exchange-traded fund (ETF) that invests in corporate bonds. As a financial product, the ETF does not import or export physical commodities or materials. Instead, its portfolio consists of bonds issued by various companies.

The bonds are issued by companies that may operate in different countries, but the ETF itself is not directly involved in the import of commodities. The selection of bonds is based on specific criteria such as maturity and credit rating, not on physical goods.

Competitive Advantage: Moderate

The Invesco BulletShares 2026 Corporate Bond ETF offers investors the opportunity to invest in a diversified portfolio of corporate bonds maturing in 2026. The competitive advantage of this ETF lies in its structure and specific target maturity, which allows investors to efficiently plan and manage their portfolios.

An essential advantage is the transparency and liquidity that ETFs offer compared to traditional bond funds. In addition, Invesco's self-indexing strategy enables cost-effective management, which can have a positive impact on overall returns.

However, competition in the bond ETF space is intense, as many providers offer similar products with different maturities and strategies. Therefore, Invesco must continuously provide innovations and cost-effective solutions to differentiate itself from the competition.

Institutional Investor Share: approximately 75% (2025, estimated)

Insider Purchases/Sales: No significant insider transactions reported (2025)

The Invesco BulletShares 2026 Corporate Bond ETF has a high proportion of institutional investors, which is typical for ETFs investing in corporate bonds. These investors appreciate the diversification and specific maturity structure of the ETF.

Insider transactions are generally less relevant for ETFs as they do not represent ownership stakes in the traditional sense. Therefore, there are usually no significant insider purchases or sales to report.

Market share of BSCQ: Estimate: approx. 2-3% in the corporate bond ETF segment (2025)

Main competitors and their market share:

1. iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): approx. 15%
2. Vanguard Intermediate-Term Corporate Bond ETF (VCIT): approx. 10%
3. SPDR Bloomberg Barclays Investment Grade Corporate Bond ETF (SPIB): approx. 8%
4. iShares Short-Term Corporate Bond ETF (IGSB): approx. 7%
5. Vanguard Short-Term Corporate Bond ETF (VCSH): approx. 6%

Moat Analysis:

Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) has a specific focus on corporate bonds maturing in 2026, which represents a niche strategy. This approach can be seen as a small moat, as it appeals to investors who specifically want to invest in bonds with a certain maturity.

Compared to larger competitors like LQD or VCIT, which offer broader and more diversified portfolios, the moat of BSCQ is less significant. The larger ETFs benefit from economies of scale, a broader investor base, and a stronger brand presence, giving them a competitive advantage.

Overall, BSCQ has a specific market positioning that may be attractive to certain investors, but the larger ETFs offer a stronger moat due to their diversification and market presence.

Fund Size: $1.2 billion USD (2025) Average Return of Bonds in the Fund: 3.5% (2025) Maturity of Bonds: Until 2026

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an Exchange-Traded Fund that invests in corporate bonds maturing in 2026. The fund offers investors the opportunity to invest in a diversified portfolio of corporate bonds, reducing risk compared to individual bonds.

The average return of the bonds in the fund is approximately 3.5%, which represents a moderate return in the current interest rate environment. Since the fund is focused on the year 2026, it provides a clear maturity structure that may be attractive to investors with a specific holding period in mind.

For investors seeking a stable source of income while also aiming to minimize risk through diversification, the BSCQ could be a suitable option. However, investors should monitor the interest rate environment and the credit quality of the bonds held in the fund to assess potential risks.

Dividend Yield: 3.2% (estimated for 2025)

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) regularly pays dividends, which come from the interest income of the corporate bonds held in the fund. The distributions typically occur monthly, which is typical for bond ETFs.

The reliability of the distribution depends on the credit quality of the bonds held in the ETF. Since the fund invests in a diversified selection of corporate bonds, the risk of individual bond defaults is minimized. Historically, the fund has maintained a stable distribution policy, indicating a reliable dividend payment.

However, it is important to note that the amount of the dividend can fluctuate depending on interest rate changes and the economic situation. Investors should regularly review the composition of the fund and the credit quality of the bonds to better assess the reliability of the distribution.