Invesco BulletShares 2034 Municipal Bond ETF

10-Year Study

BSMY.US · · US · ETF

Executive Summary: Invesco BulletShares 2034 Municipal Bond ETF has compounded at 0.5% annually over the last 10 years, with a maximum drawdown of 4.2% and an annualized volatility of 14.1%.

1Y CAGR
+4.8%
3Y CAGR
+0.5%
5Y CAGR
+0.5%
10Y CAGR
+0.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
4.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.64
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.95
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
6.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +3.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -1.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.01.3-2.91.1-1.4———————-1.1%
20250.31.8-3.2-1.0-0.10.6-0.71.03.01.70.3-0.13.8%
2024—————————-2.32.4-1.9-1.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 14.1%. The dominant macroeconomic risk driver is SHV.US, accounting for 38.3% of variance. Idiosyncratic stock-specific factors contribute 1.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2024-09-0110000
2024-10-019771.504311907867
2024-11-0110005.918713555104
2024-12-019812.060004084746
2025-01-019841.403485372024
2025-02-0110020.298686629125
2025-03-019700.563111409361
2025-04-019607.072445887536
2025-05-019600.153386379456
2025-06-019660.340867883475
2025-07-019596.52713229992
2025-08-019695.853149214103
2025-09-019990.288308039862
2025-10-0110160.388801127056
2025-11-0110193.817028388985
2025-12-0110187.648228345635
2026-01-0110285.890537144096
2026-02-0110416.102235356393
2026-03-0110110.996719698895
2026-04-0110224.369261036109
2026-05-0110080.569530295894
Annual Return Matrix
YearAnnual Return
20250.038278223339903494
2026-0.010510639516567943
Total Factor Risk
0.14054737494030067
VTI.US Exposure
-0.019439186242803167
VEA.US Exposure
0.004397627742251759
VWO.US Exposure
0.019386665712473057
QQQ.US Exposure
0.0428218403435164
VTV.US Exposure
0.043703259937756984
IJR.US Exposure
0.005558326992946111
QUAL.US Exposure
-0.032243284922429456
SHV.US Exposure
0.3834891097563387
TLT.US Exposure
0.29491158668088807
LQD.US Exposure
-0.0010286922979294588
HYG.US Exposure
0.2550359649675693
GLD.US Exposure
0.005733170840584092
USO.US Exposure
0.0006489048672878781
VNQ.US Exposure
-0.04388090865393086
BTC-USD.CC Exposure
-0.0007421062370390006
CPER.US Exposure
-0.004272547818205716
VIX.INDX Exposure
0.007553531678688626
UUP.US Exposure
0.00355567962573691
TIP.US Exposure
0.02462533132643494
Idiosyncratic Exposure
0.01018572569986456
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
42.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
14.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Forward P/EForward P/E RatioA valuation metric that compares the current stock price to estimated future earnings per share.Click for full definition →No estimate availableN/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.56%
Squeeze RiskShort Squeeze RiskA situation where a sharp rise in the price of a stock forces short sellers to buy shares to cover their positions, further driving up the price.Click for full definition →Low
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$123
Avg Yield on Cost
1.23%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$122.541.23%Solid

Momentum & MacroiPrice momentum indicators: distance from 50/200-Day SMA, 52-Week High proximity, Golden Cross trend signal, RSI momentum gauge, Fibonacci retracement levels, and Beta (market sensitivity).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-1.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
3.2% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient
Trend SignalGolden Cross & Death CrossTechnical chart patterns that occur when a short-term moving average crosses over a long-term moving average.Click for full definition →
✦ Golden Cross
Bullish — 50 SMA above 200 SMA
RSI (14-Day)Relative Strength Index (RSI)A momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions.Click for full definition →
25
OversoldNeutralOverbought
Oversold
Fibonacci LevelsFibonacci RetracementTechnical levels based on mathematical ratios that indicate potential support and resistance areas.Click for full definition →
38.2% retracement+0.0%
50.0% retracement+1.1%
61.8% retracement+2.2%
% distance of current price from each 52-week Fibonacci support level.

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Frequently Asked Questions & Methodology

Is Invesco BulletShares 2034 Municipal Bond ETF a high-risk investment?

Invesco BulletShares 2034 Municipal Bond ETF (BSMY.US) has an annualized volatility of 14.1% and experienced a maximum drawdown of 4.2% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of BSMY.US?

Over the past 10 years, BSMY.US has generated a Compound Annual Growth Rate (CAGR) of 0.5%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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