VRIG vs. VTI

Last updated Jun 13, 2026

VRIG (Invesco Variable Rate Investment Grade ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - VRIG is a Ultrashort Bond fund actively managed by Invesco, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. VRIG is actively managed, while VTI is passively managed. Over the past 5 years, VRIG returned 4.44%/yr vs 12.20%/yr for VTI. At a 0.11 correlation, their price movements are largely independent. VRIG charges 0.30%/yr vs 0.03%/yr for VTI.

Performance

VRIG vs. VTI - Performance Comparison

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

Returns By Period

In the year-to-date period, VRIG achieves a 1.91% return, which is significantly lower than VTI's 9.62% return.

VRIG

• 1D: 0.04%
• 1M: 0.31%
• YTD: 1.91%
• 6M: 2.18%
• 1Y: 4.93%
• 3Y*: 5.94%
• 5Y*: 4.44%
• 10Y*: —

VTI

• 1D: 0.57%
• 1M: 0.45%
• YTD: 9.62%
• 6M: 9.69%
• 1Y: 24.78%
• 3Y*: 20.60%
• 5Y*: 12.20%
• 10Y*: 15.02%

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

VRIG vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VRIG Invesco Variable Rate Investment Grade ETF	1.91%	5.05%	6.81%	7.37%	0.99%	1.06%	1.76%	4.57%	0.51%	3.20%
VTI Vanguard Total Stock Market ETF	9.62%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between VRIG and VTI is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Sep 22, 2016	0.11

VRIG vs. VTI - Sectors Allocation Comparison

Sectors	VRIG	VTI
Financial Services	23.3%	12.0%
Consumer Cyclical	3.0%	10.0%
Basic Materials	0.8%	2.0%
Consumer Defensive	0.7%	4.7%
Technology	0.4%	33.5%
Real Estate	0.3%	2.4%
Utilities	0.1%	2.3%
Industrials	0.0%	9.8%
Communication Services	-	10.3%
Energy	-	3.7%
Healthcare	-	9.2%

Return for Risk

VRIG vs. VTI — Risk / Return Rank

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

VRIG

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

VTI

VTI Risk / Return Rank: 70
VTI Sharpe Ratio Rank: 70
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 76

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.

VRIG vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Variable Rate Investment Grade ETF (VRIG) and Vanguard Total Stock Market ETF (VTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VRIG	VTI	Difference
Sharpe ratio: Return per unit of total volatility	10.00	1.97	+8.03
Sortino ratio: Return per unit of downside risk	24.17	2.67	+21.50
Omega ratio: Gain probability vs. loss probability	5.25	1.35	+3.90
Calmar ratio: Return relative to maximum drawdown	61.96	2.79	+59.17
Martin ratio: Return relative to average drawdown	315.58	12.52	+303.06

VRIG vs. VTI - Sharpe Ratio Comparison

The current VRIG Sharpe Ratio is 10.00, which is higher than the VTI Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VRIG and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VRIG vs. VTI - Drawdown Comparison

The maximum VRIG drawdown since its inception was -13.04%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for VRIG and VTI.

Drawdown Indicators

	VRIG	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-13.04%	-55.45%	+42.41%
Max Drawdown (1Y) Largest decline over 1 year	-0.08%	-8.92%	+8.84%
Max Drawdown (3Y) Largest decline over 3 years	-0.78%	-19.30%	+18.52%
Max Drawdown (5Y) Largest decline over 5 years	-2.28%	-25.36%	+23.08%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	0.00%	-2.14%	+2.14%
Average Drawdown Average peak-to-trough decline	-0.27%	-8.02%	+7.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	1.99%	-1.97%

Volatility

VRIG vs. VTI - Volatility Comparison

The current volatility for Invesco Variable Rate Investment Grade ETF (VRIG) is 0.10%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.50%. This indicates that VRIG experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRIG	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	4.50%	-4.40%
Volatility (6M) Calculated over the trailing 6-month period	0.35%	9.82%	-9.47%
Volatility (1Y) Calculated over the trailing 1-year period	0.50%	12.64%	-12.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.29%	17.47%	-16.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.79%	18.33%	-14.54%

VRIG vs. VTI - Expense Ratio Comparison

VRIG has a 0.30% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

VRIG vs. VTI - Dividend Comparison

VRIG's dividend yield for the trailing twelve months is around 4.79%, more than VTI's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both VRIG and VTI in my portfolio?

VRIG and VTI have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VRIG or VTI?

VTI has higher volatility (4.50%) compared to VRIG (0.10%). In terms of maximum drawdown, VRIG dropped -13.04% vs VTI's -55.45%.

Which ETF is better, VRIG or VTI?

On 5-year performance, VTI leads with 12.20% vs 4.44% for VRIG. On fees, VTI is cheaper at 0.03% per year. On volatility, VRIG has been the lower-risk option at 0.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VRIG or VTI?

Over the 5-year period, VTI has performed better with a 12.20% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VRIG or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.30% for VRIG.

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

VRIG has the higher dividend yield at 4.79%, compared with 1.03% for VTI.

What is the main difference between VRIG and VTI?

VRIG is categorized as Ultrashort Bond, while VTI is Large Cap Blend Equities. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.30% for VRIG and 0.03% for VTI.

Which has better risk-adjusted returns?

VRIG currently has the higher Sharpe Ratio (10.00 vs 1.97), 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.