See what your fund actually adds
Invesco BulletShares 2027 Municipal Bond ETF BSMR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | BSMR | Replication |
|---|---|---|
| Annualized growth | 0.4% | 1.4% |
| Annualized volatility | 3.5% | 3.3% |
| Sharpe ratio | 0.14 | 0.45 |
| Maximum drawdown | 11.5% | 8.4% |
| Replication fit (R²) | 0.88 · Tracking error 1.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model BSMR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 59.5% |
| VGSH | FI · Short Gov | 19.4% |
| BKLN | FI · Senior Bank Loans | 17.2% |
| STIP | FI · Short TIPS | 3.9% |