RINF vs. VRIG

Last updated Jun 4, 2026

RINF (ProShares Inflation Expectations ETF) and VRIG (Invesco Variable Rate Investment Grade ETF) are both exchange-traded funds - RINF is a Inflation-Protected Bonds fund tracking the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index, while VRIG is a Ultrashort Bond fund actively managed by Invesco. RINF is passively managed, while VRIG is actively managed. Over the past 5 years, RINF returned 5.43%/yr vs 4.42%/yr for VRIG. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.30% expense ratio.

Performance

RINF vs. VRIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Inflation Expectations ETF (RINF) and Invesco Variable Rate Investment Grade ETF (VRIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RINF achieves a 2.37% return, which is significantly higher than VRIG's 1.81% return.

RINF

• 1D: -0.07%
• 1M: 0.43%
• YTD: 2.37%
• 6M: 3.08%
• 1Y: 2.48%
• 3Y*: 4.84%
• 5Y*: 5.43%
• 10Y*: 4.69%

VRIG

• 1D: 0.02%
• 1M: 0.39%
• YTD: 1.81%
• 6M: 2.20%
• 1Y: 4.99%
• 3Y*: 5.98%
• 5Y*: 4.42%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RINF vs. VRIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RINF ProShares Inflation Expectations ETF	2.37%	1.64%	9.79%	0.21%	8.77%	16.20%	1.98%	1.82%	-0.79%	-1.70%
VRIG Invesco Variable Rate Investment Grade ETF	1.81%	5.05%	6.81%	7.37%	0.99%	1.06%	1.76%	4.57%	0.51%	3.20%

Correlation

The correlation between RINF and VRIG is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Sep 23, 2016	0.06

RINF vs. VRIG - Sectors Allocation Comparison

Sectors	RINF	VRIG
Financial Services	76.3%	23.3%
Basic Materials	-	0.8%
Communication Services	-	-
Consumer Cyclical	-	3.0%
Consumer Defensive	-	0.7%
Energy	-	-
Healthcare	-	-
Industrials	-	0.0%
Real Estate	-	0.3%
Technology	-	0.4%
Utilities	-	0.1%

Return for Risk

RINF vs. VRIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RINF

RINF Risk / Return Rank: 18
RINF Sharpe Ratio Rank: 17
RINF Sortino Ratio Rank: 16
RINF Omega Ratio Rank: 16
RINF Calmar Ratio Rank: 21
RINF Martin Ratio Rank: 18

VRIG

VRIG Risk / Return Rank: 99
VRIG Sharpe Ratio Rank: 99
VRIG Sortino Ratio Rank: 100
VRIG Omega Ratio Rank: 99
VRIG Calmar Ratio Rank: 100
VRIG Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RINF vs. VRIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Inflation Expectations ETF (RINF) and Invesco Variable Rate Investment Grade ETF (VRIG). 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.

	RINF	VRIG	Difference
Sharpe ratio: Return per unit of total volatility	0.56	10.15	-9.60
Sortino ratio: Return per unit of downside risk	0.82	24.59	-23.77
Omega ratio: Gain probability vs. loss probability	1.10	5.38	-4.28
Calmar ratio: Return relative to maximum drawdown	0.96	62.75	-61.79
Martin ratio: Return relative to average drawdown	1.83	320.64	-318.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RINF vs. VRIG - Sharpe Ratio Comparison

The current RINF Sharpe Ratio is 0.56, which is lower than the VRIG Sharpe Ratio of 10.15. The chart below compares the historical Sharpe Ratios of RINF and VRIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RINF	VRIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	10.15	-9.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	3.45	-3.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.91	-0.83

Drawdowns

RINF vs. VRIG - Drawdown Comparison

The maximum RINF drawdown since its inception was -43.51%, which is greater than VRIG's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for RINF and VRIG.

Drawdown Indicators

	RINF	VRIG	Difference
Max Drawdown Largest peak-to-trough decline	-43.51%	-13.04%	-30.47%
Max Drawdown (1Y) Largest decline over 1 year	-2.60%	-0.08%	-2.52%
Max Drawdown (3Y) Largest decline over 3 years	-9.62%	-0.78%	-8.84%
Max Drawdown (5Y) Largest decline over 5 years	-13.58%	-2.28%	-11.30%
Max Drawdown (10Y) Largest decline over 10 years	-29.18%	—	—
Current Drawdown Current decline from peak	-0.66%	-0.00%	-0.66%
Average Drawdown Average peak-to-trough decline	-16.45%	-0.27%	-16.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.37%	0.02%	+1.35%

Volatility

RINF vs. VRIG - Volatility Comparison

ProShares Inflation Expectations ETF (RINF) has a higher volatility of 1.19% compared to Invesco Variable Rate Investment Grade ETF (VRIG) at 0.11%. This indicates that RINF's price experiences larger fluctuations and is considered to be riskier than VRIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RINF	VRIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	0.11%	+1.08%
Volatility (6M) Calculated over the trailing 6-month period	2.77%	0.36%	+2.41%
Volatility (1Y) Calculated over the trailing 1-year period	4.49%	0.49%	+4.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.82%	1.29%	+11.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.57%	3.80%	+8.77%

RINF vs. VRIG - Expense Ratio Comparison

Both RINF and VRIG have an expense ratio of 0.30%.

Dividends

RINF vs. VRIG - Dividend Comparison

RINF's dividend yield for the trailing twelve months is around 3.70%, less than VRIG's 4.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RINF ProShares Inflation Expectations ETF	3.70%	3.89%	4.68%	5.07%	1.15%	2.76%	0.82%	1.90%	2.47%	2.99%	1.09%	1.83%
VRIG Invesco Variable Rate Investment Grade ETF	4.79%	4.99%	6.09%	5.97%	2.39%	0.78%	1.57%	3.12%	2.89%	2.31%	0.60%	0.00%

Frequently Asked Questions

Can I hold both RINF and VRIG in my portfolio?

RINF and VRIG have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RINF or VRIG?

RINF has higher volatility (1.19%) compared to VRIG (0.11%). In terms of maximum drawdown, RINF dropped -43.51% vs VRIG's -13.04%.

Which ETF is better, RINF or VRIG?

On 5-year performance, RINF leads with 5.43% vs 4.42% for VRIG. Both ETFs have the same 0.30% expense ratio. On volatility, VRIG has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RINF or VRIG?

Over the 5-year period, RINF has performed better with a 5.43% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RINF or VRIG?

RINF and VRIG have the same expense ratio: 0.30% per year.

Which ETF pays a higher dividend yield, RINF or VRIG?

VRIG has the higher dividend yield at 4.79%, compared with 3.70% for RINF.

What is the main difference between RINF and VRIG?

RINF is categorized as Inflation-Protected Bonds, while VRIG is Ultrashort Bond. They also come from different issuers: ProShares and Invesco.

Which has better risk-adjusted returns?

VRIG currently has the higher Sharpe Ratio (10.15 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.