BSMRvsBSMTETF Comparison
VS
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) and Invesco BulletShares 2029 Municipal Bond ETF (BSMT) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. Both BSMR and BSMT have the same Total Expense Ratio (TER) of 0.18%. BSMR is down -0.12% year-to-date (YTD) with +$57M in YTD flows. BSMT performs worse with -0.78% YTD performance, and +$58M in YTD flows. Run a side-by-side ETF comparison of BSMR and BSMT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
BSMR vs BSMT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 08/31/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BSMR BSMT | +0.02%+0.04% | -0.00%-0.46% | -0.12%-0.78% | +1.14%+1.13% | +8.01%+7.82% | -0.03%-3.68% |
| Flows | BSMR BSMT | +$12M+$9M | +$16M+$21M | +$57M+$58M | +$90M+$90M | +$266M+$244M | +$341M+$278M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BSMR BSMT | +0.77%+1.33% | +0.80%+1.42% | +1.86%+2.80% | +2.35%+3.39% |
| Max drawdown | BSMR BSMT | -0.47%-1.09% | -1.02%-2.09% | -2.56%-3.52% | -12.17%-16.14% |
| Max drawdown duration | BSMR BSMT | 48d56d | 190d190d | 76d156d | 1555d1701d |
Trading data
BSMR | BSMT | |
Last sale 9/1/2026 at 1:30 PM | $23.58 | $22.84 |
| Previous close 08/31/2026 | $23.59 | $22.89 |
| Consolidated volume 08/31/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
BSMR | BSMT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/1/2026 at 1:30 PM
Live
Closed
BSMR | BSMT | |
|---|---|---|
| Last price | $23.58 | $22.84 |
| 1D performance | -0.04% | -0.21% |
| AuM | $357.77 M | $290.30 M |
| E/R | 0.18% | 0.18% |
Characteristics
BSMR | BSMT | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | Invesco |
| Benchmark | Invesco BulletShares USD Municipal Bond 2027 Index | Invesco BulletShares USD Municipal Bond 2029 Index |
| N° of holdings | 1293 | 1061 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 13, 2019 | September 13, 2019 |
| ESG | No | No |
Advertisement
Exposure
Countries
BSMR
USA
64.54%
Other
35.46%
BSMT
USA
64.48%
Other
35.52%
Sectors
BSMR
Municipal
64.54%
Other
35.46%
BSMT
Municipal
64.48%
Other
35.52%
Advertisement
Diversification
BSMR
Total weight of top 15 holdings out of 15
4.31%
BSMT
Total weight of top 15 holdings out of 15
5.22%
Top 15 holdings
Data as of July 31, 2026
BSMR
Hudson Yards Infrastructure Corp., 5% 15feb2042, USD
0.54%
Illinois, 5% 1nov2029, USD (2017C)
0.46%
New Jersey, 5% 1jun2027, USD
0.31%
New York Transitional Finance Authority, 5% 1feb2039, USD
0.30%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.30%
County of Clark (NV), 5% 1jun2030, USD
0.29%
Hudson Yards Infrastructure Corp., 5% 15feb2039, USD
0.29%
California Health Facilities Financing Authority, 5% 1nov2027, USD (2017A)
0.25%
Texas Water Development Board, 5% 15oct2047, USD (2017A)
0.24%
Houston Combined Utility System, 5% 15nov2042, USD (2017B)
0.24%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.23%
California, 5% 1dec2027, USD
0.23%
US64990CJK80
0.21%
Illinois, 5% 1nov2027, USD (2017D)
0.21%
US574218V676
0.21%
BSMT
Triborough Bridge and Tunnel Authority, 5% 1feb2029, USD (2026A2)
0.52%
New Jersey, 5% 1jun2029, USD
0.50%
US89602HJB42
0.48%
US43233KAG94
0.39%
US19648FXR09
0.34%
Ohio Water Development Authority, 5% 1jun2029, USD (2019A)
0.32%
Nashville and Davidson Health and Educational Facilities, 5% 1jul2029, USD (2024A)
0.32%
US544647HL79
0.32%
US13034A5B23
0.32%
New Jersey Turnpike Authority, 5% 1jan2048, USD
0.31%
Lancaster Hospital Authority, 5% 1nov2051, USD (2021)
0.29%
Pennsylvania Turnpike Commission, 5% 1dec2044, USD
0.29%
US91412HTF00
0.28%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.28%
Illinois Toll Highway Authority, 5% 1jan2044, USD
0.26%
Frequently asked questions about BSMR and BSMT
How have the BSMR and BSMT ETFs performed in 2026?
As of August 31, 2026, BSMR is down -0.12% year-to-date (YTD), while BSMT has lost -0.78%. That puts BSMR better performer ahead so far this year.
Which ETF is attracting more investor money: BSMR or BSMT?
Year-to-date, the BSMR ETF saw +$57M in flows, compared to +$58M for BSMT.
Which ETF is more volatile: BSMR or BSMT?
Over the past year, BSMR had a volatility of 0.8%, while BSMT experienced 1.42%.
Which ETF is bigger: BSMR or BSMT?
As of August 31, 2026, BSMR holds $357.77 M in assets under management (AUM), while BSMT manages $290.30 M.
What sectors do the BSMR and BSMT ETFs invest in?
BSMR leans toward sectors like Municipal. Meanwhile, BSMT focuses on Municipal.
What are the top holdings of the BSMR ETF and BSMT ETF?
BSMR top holdings include Hudson Yards Infrastructure Corp., 5% 15feb2042, USD, Illinois, 5% 1nov2029, USD (2017C) and New Jersey, 5% 1jun2027, USD. BSMT holds in its top three: Triborough Bridge and Tunnel Authority, 5% 1feb2029, USD (2026A2), New Jersey, 5% 1jun2029, USD and US89602HJB42.
Which ETF is more diversified: BSMR or BSMT?
BSMR holds 2495 securities with 4.31% of its assets in the top 15. BSMT has 1917 securities and a top 15 weight of 5.22%.
Advertisement
Advertisement
