Performance analysis of BSMW (Invesco BulletShares 2032 Municipal Bond ETF)
Annual Return
Over the past 3 years, BSMW has had an average annual return of +2.52%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Mar 1, 2023, BSMW has had an average annual return of +3.23%, underperforming the benchmark SPY, which returned +22.08% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.01% | +3.42% | -0.36% | +7% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.18% | +1.11% | -2.48% | +0.95% | +0.23% | +0.77% | -0.70% | +1.01% | |||||
| 2025 | +0.29% | +1.16% | -2.58% | -0.57% | -0.25% | +1.21% | -0.37% | +0.90% | +2.34% | +0.98% | +0.19% | +0.15% | +3.42% |
| 2024 | -0.47% | -0.36% | -0.45% | -1.66% | -0.27% | +1.62% | +0.85% | +0.57% | +1.10% | -1.82% | +2.12% | -1.52% | -0.36% |
| 2023 | +2.50% | -0.00976% | -1.01% | +1.31% | +0.26% | -2.09% | -3.24% | -1.41% | +7.50% | +3.41% | +7% |
Drawdown analysis of BSMW (Invesco BulletShares 2032 Municipal Bond ETF)
The maximum drawdown for the BSMW was -7.58%, occurring on Oct 25, 2023. Recovery took 28 trading sessions.
The current BSMW drawdown is -1.27%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.58% | Apr 12, 2023 | 136 | Oct 25, 2023 | 28 | Dec 5, 2023 | 164 |
| -6.45% | Dec 3, 2024 | 88 | Apr 11, 2025 | 106 | Sep 15, 2025 | 194 |
| -3.48% | Dec 27, 2023 | 105 | May 29, 2024 | 45 | Aug 2, 2024 | 150 |
| -3.20% | Oct 1, 2024 | 26 | Nov 6, 2024 | 18 | Dec 3, 2024 | 44 |
| -2.92% | Feb 27, 2026 | 19 | Mar 26, 2026 | Ongoing | Ongoing | Ongoing |
| -1.45% | Aug 5, 2024 | 9 | Aug 16, 2024 | 31 | Oct 1, 2024 | 40 |
| -0.69% | Mar 17, 2023 | 2 | Mar 21, 2023 | 3 | Mar 24, 2023 | 5 |
| -0.50% | Sep 17, 2025 | 7 | Sep 26, 2025 | 7 | Oct 7, 2025 | 14 |
| -0.38% | Nov 11, 2025 | 18 | Dec 8, 2025 | 14 | Dec 29, 2025 | 32 |
| -0.37% | Apr 6, 2023 | 1 | Apr 10, 2023 | 1 | Apr 11, 2023 | 2 |
| -0.34% | Mar 13, 2023 | 1 | Mar 14, 2023 | 1 | Mar 15, 2023 | 2 |
| -0.30% | Mar 1, 2023 | 1 | Mar 2, 2023 | 2 | Mar 6, 2023 | 3 |
| -0.27% | Dec 6, 2023 | 3 | Dec 11, 2023 | 2 | Dec 13, 2023 | 5 |
| -0.25% | Oct 22, 2025 | 8 | Nov 3, 2025 | 6 | Nov 11, 2025 | 14 |
| -0.23% | Dec 20, 2023 | 1 | Dec 21, 2023 | 3 | Dec 27, 2023 | 4 |
| -0.23% | Dec 15, 2023 | 1 | Dec 18, 2023 | 1 | Dec 19, 2023 | 2 |
| -0.21% | Jan 16, 2026 | 1 | Jan 20, 2026 | 4 | Jan 26, 2026 | 5 |
| -0.18% | Oct 16, 2025 | 1 | Oct 17, 2025 | 2 | Oct 21, 2025 | 3 |
| -0.18% | Mar 24, 2023 | 1 | Mar 27, 2023 | 3 | Mar 30, 2023 | 4 |
| -0.14% | Dec 30, 2025 | 1 | Dec 31, 2025 | 1 | Jan 2, 2026 | 2 |
| -0.12% | Mar 6, 2023 | 2 | Mar 8, 2023 | 1 | Mar 9, 2023 | 3 |
| -0.12% | Oct 10, 2025 | 1 | Oct 13, 2025 | 1 | Oct 14, 2025 | 2 |
| -0.12% | Mar 15, 2023 | 1 | Mar 16, 2023 | 1 | Mar 17, 2023 | 2 |
| -0.11% | Jan 8, 2026 | 1 | Jan 9, 2026 | 1 | Jan 12, 2026 | 2 |
| -0.08% | Jan 27, 2026 | 1 | Jan 28, 2026 | 2 | Jan 30, 2026 | 3 |