VRP vs. EVPF
VRP (Invesco Variable Rate Preferred ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock funds. VRP is passively managed, while EVPF is actively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. VRP charges 0.50%/yr vs 0.39%/yr for EVPF.
Performance
VRP vs. EVPF - Performance Comparison
Loading charts...
Returns By Period
VRP
- 1D
- 0.17%
- 1M
- -0.74%
- 6M
- 1.09%
- YTD
- 1.98%
- 1Y
- 5.08%
- 3Y*
- 8.37%
- 5Y*
- 4.06%
- 10Y*
- 4.86%
- ALL TIME*
- 5.00%
EVPF
- 1D
- 0.16%
- 1M
- -0.49%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $219.09K | $314.39K | $349.89K | |
| $11.39M | $12.80M | $16.85M |
VRP vs. EVPF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
VRP Invesco Variable Rate Preferred ETF | 0.88% |
EVPF Eaton Vance Preferred Securities and Income ETF | 1.26% |
Correlation
The correlation between VRP and EVPF is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026 | 0.76 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VRP vs. EVPF — Risk / Return Rank
VRP
EVPF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VRP vs. EVPF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Variable Rate Preferred ETF (VRP) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.
| VRP | EVPF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | — | — |
| Martin ratioReturn relative to average drawdown | 8.89 | — | — |
Loading charts...
Drawdowns
VRP vs. EVPF - Drawdown Comparison
The maximum VRP drawdown since its inception was -46.04%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for VRP and EVPF.
Loading charts...
Drawdown Indicators
| VRP | EVPF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.04% | -2.36% | -43.68% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.04% | — | — |
Current DrawdownCurrent decline from peak | -0.78% | -0.74% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -0.45% | -1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | — | — |
Volatility
VRP vs. EVPF - Volatility Comparison
Loading charts...
Volatility by Period
| VRP | EVPF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.38% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.94% | 3.77% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.55% | 3.77% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.53% | 3.77% | +10.76% |
VRP vs. EVPF - Expense Ratio Comparison
VRP has a 0.50% expense ratio, which is higher than EVPF's 0.39% expense ratio.
Dividends
VRP vs. EVPF - Dividend Comparison
VRP's dividend yield for the trailing twelve months is around 6.19%, more than EVPF's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VRP Invesco Variable Rate Preferred ETF | 6.19% | 6.53% | 5.78% | 6.61% | 5.38% | 4.25% | 4.17% | 4.71% | 5.28% | 4.69% | 5.10% | 5.02% |
Frequently Asked Questions
VRP and EVPF have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EVPF is cheaper with a 0.39% expense ratio, compared with 0.50% for VRP.
VRP has the higher dividend yield at 6.19%, compared with 2.10% for EVPF.
They also come from different issuers: Invesco and Eaton Vance. Their fees differ too: 0.50% for VRP and 0.39% for EVPF.
Find the right allocation for VRP and EVPF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer