VRP VRIG
VRP VRIG
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VRIG Invesco Variable Rate Investment Grade ETF | Total Bond Market, Actively Managed | 50% |
VRP Invesco Variable Rate Preferred ETF | Preferred Stock/Convertible Bonds | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VRP VRIG, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Sep 22, 2016, corresponding to the inception date of VRIG
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.92% | -9.92% | 5.42% | 12.98% | 9.70% |
| VRP VRIG | 0.60% | -0.76% | 1.19% | 6.60% | 5.56% | N/A |
| Portfolio components: | ||||||
VRIG Invesco Variable Rate Investment Grade ETF | 0.89% | -0.13% | 2.15% | 5.31% | 4.78% | N/A |
VRP Invesco Variable Rate Preferred ETF | 0.31% | -1.39% | 0.23% | 7.90% | 6.27% | 4.75% |
Monthly Returns
The table below presents the monthly returns of VRP VRIG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.72% | 0.75% | -0.12% | -0.74% | 0.60% | ||||||||
| 2024 | 1.55% | 0.75% | 0.85% | 0.14% | 1.14% | 0.67% | 0.63% | 0.84% | 0.93% | 0.45% | 0.79% | -0.12% | 8.95% |
| 2023 | 3.35% | -0.15% | -2.25% | 0.99% | 0.23% | 0.89% | 1.72% | 0.32% | -0.08% | -1.03% | 2.77% | 1.92% | 8.87% |
| 2022 | -0.88% | -1.29% | -0.35% | -1.35% | -0.92% | -2.20% | 3.08% | -0.59% | -2.11% | 0.41% | 1.57% | 0.63% | -4.05% |
| 2021 | 0.17% | -0.38% | 0.84% | 0.72% | 0.26% | 0.58% | 0.38% | 0.18% | -0.08% | -0.06% | -0.82% | 0.81% | 2.63% |
| 2020 | 0.70% | -2.75% | -10.26% | 6.67% | 1.77% | 0.96% | 2.80% | 1.64% | -0.73% | 0.28% | 2.52% | 0.84% | 3.57% |
| 2019 | 3.51% | 1.17% | 0.81% | 0.82% | 0.14% | 0.85% | 0.91% | 0.56% | 0.59% | 1.04% | 0.22% | 0.65% | 11.82% |
| 2018 | -0.07% | -0.13% | -0.05% | -0.16% | 0.17% | 0.22% | 0.71% | 0.51% | -0.17% | -0.77% | -1.67% | -1.66% | -3.07% |
| 2017 | 1.23% | 1.39% | 0.31% | 1.02% | 0.79% | 0.56% | 0.48% | -0.10% | 0.32% | 0.02% | -0.08% | 0.12% | 6.22% |
| 2016 | -0.02% | 0.16% | -1.57% | 0.52% | -0.92% |
Expense Ratio
VRP VRIG has an expense ratio of 0.40%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, VRP VRIG is among the top 2% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
VRIG Invesco Variable Rate Investment Grade ETF | 5.08 | 7.03 | 2.88 | 6.75 | 58.96 |
VRP Invesco Variable Rate Preferred ETF | 1.51 | 2.12 | 1.30 | 1.97 | 11.00 |
Dividends
Dividend yield
VRP VRIG provided a 5.86% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.86% | 5.94% | 6.29% | 3.88% | 2.51% | 2.87% | 4.14% | 4.08% | 3.50% | 2.85% | 2.51% | 1.52% |
| Portfolio components: | ||||||||||||
VRIG Invesco Variable Rate Investment Grade ETF | 5.82% | 6.09% | 5.97% | 2.39% | 0.78% | 1.57% | 3.12% | 2.89% | 2.31% | 0.60% | 0.00% | 0.00% |
VRP Invesco Variable Rate Preferred ETF | 5.89% | 5.78% | 6.61% | 5.38% | 4.25% | 4.17% | 5.15% | 5.28% | 4.69% | 5.10% | 5.02% | 3.04% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VRP VRIG. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VRP VRIG was 29.36%, occurring on Mar 18, 2020. Recovery took 164 trading sessions.
The current VRP VRIG drawdown is 0.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.36% | Feb 18, 2020 | 22 | Mar 18, 2020 | 164 | Nov 9, 2020 | 186 |
| -7.63% | Sep 23, 2021 | 186 | Jun 17, 2022 | 279 | Jul 31, 2023 | 465 |
| -4.87% | Sep 4, 2018 | 80 | Dec 27, 2018 | 39 | Feb 25, 2019 | 119 |
| -2.75% | Oct 26, 2016 | 14 | Nov 14, 2016 | 54 | Feb 2, 2017 | 68 |
| -2.3% | Mar 25, 2025 | 10 | Apr 7, 2025 | — | — | — |
Volatility
Volatility Chart
The current VRP VRIG volatility is 1.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| VRIG | VRP | |
|---|---|---|
| VRIG | 1.00 | 0.15 |
| VRP | 0.15 | 1.00 |