Invesco Variable Rate Investment Grade ETF (VRIG)
VRIG is an actively managed ETF by Invesco. VRIG launched on Sep 22, 2016 and has a 0.30% expense ratio.
ETF Info
| ISIN | US73935B8625 |
|---|---|
| CUSIP | 46090A879 |
| Issuer | Invesco |
| Inception Date | Sep 22, 2016 |
| Region | North America (U.S.) |
| Category | Total Bond Market, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
VRIG has a high expense ratio of 0.30%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Variable Rate Investment Grade ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Variable Rate Investment Grade ETF had a return of 2.79% year-to-date (YTD) and 7.63% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.79% | 8.76% |
| 1 month | 0.61% | -0.28% |
| 6 months | 4.15% | 18.36% |
| 1 year | 7.63% | 25.94% |
| 5 years (annualized) | 3.22% | 12.51% |
| 10 years (annualized) | N/A | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.80% | 0.56% | 0.60% | 0.58% | ||||||||
| 2023 | 0.39% | 0.58% | 0.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of VRIG is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
VRIG (Invesco Variable Rate Investment Grade ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Variable Rate Investment Grade ETF (VRIG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Variable Rate Investment Grade ETF granted a 6.25% dividend yield in the last twelve months. The annual payout for that period amounted to $1.57 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.57 | $1.49 | $0.59 | $0.19 | $0.39 | $0.78 | $0.71 | $0.58 | $0.15 |
Dividend yield | 6.25% | 5.97% | 2.39% | 0.78% | 1.57% | 3.12% | 2.89% | 2.31% | 0.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Variable Rate Investment Grade ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.13 | $0.13 | $0.13 | $0.13 | ||||||||
| 2023 | $0.10 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.15 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 | $0.04 | $0.06 | $0.07 | $0.09 | $0.09 | $0.12 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 |
| 2020 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2019 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 |
| 2018 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 |
| 2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 |
| 2016 | $0.05 | $0.04 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Variable Rate Investment Grade ETF. 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 Invesco Variable Rate Investment Grade ETF was 13.04%, occurring on Mar 26, 2020. Recovery took 103 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.04% | Feb 20, 2020 | 26 | Mar 26, 2020 | 103 | Aug 21, 2020 | 129 |
| -2.28% | Jan 24, 2022 | 101 | Jun 16, 2022 | 67 | Sep 22, 2022 | 168 |
| -1.4% | Mar 10, 2023 | 2 | Mar 13, 2023 | 25 | Apr 18, 2023 | 27 |
| -1.38% | Nov 15, 2018 | 25 | Dec 21, 2018 | 39 | Feb 20, 2019 | 64 |
| -0.73% | Sep 26, 2022 | 5 | Sep 30, 2022 | 45 | Dec 5, 2022 | 50 |
Volatility
Volatility Chart
The current Invesco Variable Rate Investment Grade ETF volatility is 0.19%, 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.