Screener
AAPR vs VRP
Innovator Equity Defined Protection ETF - 2 Yr to April 2026 vs Invesco Variable Rate Preferred ETF
Key differences
- VRP costs 0.29% less per year.
- VRP is significantly larger than AAPR — larger funds tend to be more liquid and less likely to close.
- AAPR is classified as alternative, while VRP is fixed income — different risk/return profiles.
- AAPR follows a structured outcome strategy; VRP uses index tracking.
- VRP has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| AAPR | VRP | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.50% |
| Fund size (AUM) | $52M | $2.6B |
| Since | 2024 | 2014 |
| Dividend yield | 0.00% | 6.39% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | structured outcome | index tracking |
| CAGR 1Y | +10.5% | +7.4% |
| CAGR 3Y | N/A | +10.4% |
| CAGR 5Y | N/A | +4.4% |
| Sharpe 3Y | N/A | 1.46 |
| Volatility 1Y | 2.45% | 2.87% |
| Max drawdown | -5.99% | -46.04% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to AAPR and VRP
Explore further