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CLOI vs VRP

VanEck CLO ETF vs Invesco Variable Rate Preferred ETF

CLOI

VanEck CLO ETF

VanEck

Annual cost

0.36%

Fund size

$1.3B

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • CLOI costs 0.14% less per year.
  • CLOI follows a active selection strategy; VRP uses index tracking.
  • Over the last 3 years, VRP has delivered higher annualized returns.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOIVRP
Annual cost (TER)0.36%0.50%
Fund size (AUM)$1.3B$2.6B
Since20222014
Dividend yield5.44%6.39%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.7%+7.6%
CAGR 3Y+7.2%+10.4%
CAGR 5YN/A+4.5%
Sharpe 3Y1.321.46
Volatility 1Y1.21%2.89%
Max drawdown-3.36%-46.04%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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