InvescoPreferred StockVRP · NYSE Arca

Invesco Variable Rate Preferred ETF (VRP)

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Price: $24.04; —11 Sept 2026
Assets: $3B; Total net assets
Expense ratio: 0.50%; Category 0.92%
Yield: 6.09%; Trailing distributions

1Y return: 3.0%+2.4%; Category 0.6%
3Y CAGR: 8.4%+1.5%; Category 7.0%
5Y CAGR: 3.9%+2.7%; Category 1.2%

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Invesco Variable Rate Preferred ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.3%	-0.3%	+1.8%	+1.9%	+3.0%	+8.4%	+3.9%	+4.7%	+5.0%
Preferred Stock average	-1.1%	-0.9%	0.9%	0.7%	0.6%	7.0%	1.2%	2.9%	3.5%
Difference	+0.8%	+0.7%	+0.9%	+1.2%	+2.4%	+1.5%	+2.7%	+1.8%	+1.5%

Holdings

The 1 largest positions make up 0.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
AGPXX	Invesco Shrt-Trm Inv Gov&Agcy Instl	0.89%

Sector allocation

Share of the equity the fund holds.

Utilities100.0%

Asset mix

Bonds50.2%
Preferred shares48.9%
Convertibles3.8%
Cash0.9%

Credit quality

Share of the bonds by rating.

AAA0.1%
AA0.2%
A1.8%
BBB60.6%
BB33.4%
B0.6%
Other3.4%

ETF details

Issuer: Invesco
Category: Fixed Income · Preferred Stock
Ticker: VRP
Exchange: NYSE Arca
Inception: 1 May 2014 (12.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.50% (category 0.92%)
Holdings turnover: 20% (category 40%)
Distribution yield: 6.09%
Beta, 3 years: 0.48
Total net assets: $3B
Average duration: 6.36 years
Average maturity: 9.94 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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