VRP vs. LIFE.TO
Compare and contrast key facts about Invesco Variable Rate Preferred ETF (VRP) and Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO).
VRP and LIFE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VRP is a passively managed fund by Invesco that tracks the performance of the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index. It was launched on May 1, 2014.
Performance
VRP vs. LIFE.TO - Performance Comparison
Loading graphics...
VRP vs. LIFE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VRP Invesco Variable Rate Preferred ETF | 0.22% | 7.34% | 11.10% | 10.35% | -9.00% | 4.20% | 5.11% | 18.84% | -6.77% |
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | -5.35% | 18.16% | -5.87% | 6.52% | -6.31% | 20.64% | 9.80% | 31.26% | -13.14% |
Different Trading Currencies
VRP is traded in USD, while LIFE.TO is traded in CAD. To make them comparable, the LIFE.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VRP achieves a 0.22% return, which is significantly higher than LIFE.TO's -5.35% return.
VRP
- 1D
- 0.42%
- 1M
- -1.05%
- YTD
- 0.22%
- 6M
- 1.02%
- 1Y
- 5.88%
- 3Y*
- 9.52%
- 5Y*
- 4.36%
- 10Y*
- 5.47%
LIFE.TO
- 1D
- 0.28%
- 1M
- -7.74%
- YTD
- -5.35%
- 6M
- 1.77%
- 1Y
- 5.41%
- 3Y*
- 3.72%
- 5Y*
- 4.34%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VRP vs. LIFE.TO - Expense Ratio Comparison
Return for Risk
VRP vs. LIFE.TO — Risk / Return Rank
VRP
LIFE.TO
VRP vs. LIFE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Variable Rate Preferred ETF (VRP) and Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO). 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.
| VRP | LIFE.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 0.30 | +1.11 |
Sortino ratioReturn per unit of downside risk | 1.92 | 0.54 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.07 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 0.40 | +1.10 |
Martin ratioReturn relative to average drawdown | 7.41 | 1.26 | +6.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VRP | LIFE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 0.30 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.27 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.33 | +0.05 |
Correlation
The correlation between VRP and LIFE.TO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VRP vs. LIFE.TO - Dividend Comparison
VRP's dividend yield for the trailing twelve months is around 6.51%, less than LIFE.TO's 12.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRP Invesco Variable Rate Preferred ETF | 6.51% | 6.53% | 5.78% | 6.61% | 5.38% | 4.25% | 4.17% | 4.71% | 5.28% | 4.69% | 5.10% | 5.02% |
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 12.73% | 11.83% | 10.90% | 9.24% | 8.20% | 6.46% | 7.09% | 6.33% | 4.84% | 0.00% | 0.00% | 0.00% |
Drawdowns
VRP vs. LIFE.TO - Drawdown Comparison
The maximum VRP drawdown since its inception was -46.04%, which is greater than LIFE.TO's maximum drawdown of -27.44%. Use the drawdown chart below to compare losses from any high point for VRP and LIFE.TO.
Loading graphics...
Drawdown Indicators
| VRP | LIFE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.04% | -20.04% | -26.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.95% | -9.72% | +5.77% |
Max Drawdown (5Y)Largest decline over 5 years | -13.76% | -16.33% | +2.57% |
Max Drawdown (10Y)Largest decline over 10 years | -46.04% | — | — |
Current DrawdownCurrent decline from peak | -1.46% | -7.10% | +5.64% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -4.19% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 4.08% | -3.28% |
Volatility
VRP vs. LIFE.TO - Volatility Comparison
The current volatility for Invesco Variable Rate Preferred ETF (VRP) is 1.82%, while Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) has a volatility of 4.44%. This indicates that VRP experiences smaller price fluctuations and is considered to be less risky than LIFE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VRP | LIFE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.82% | 4.44% | -2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 2.25% | 10.14% | -7.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.18% | 18.10% | -13.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.54% | 16.03% | -9.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.53% | 17.62% | -3.09% |