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CVY vs VRP

Invesco Zacks Multi-Asset Income ETF vs Invesco Variable Rate Preferred ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP costs 0.71% less per year.
  • VRP is significantly larger than CVY — larger funds tend to be more liquid and less likely to close.
  • CVY is classified as mixed asset, while VRP is fixed income — different risk/return profiles.
  • CVY covers global markets; VRP covers north america.
  • CVY follows a active selection strategy; VRP uses index tracking.
  • Over the last 3 years, CVY has delivered higher annualized returns.
  • CVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVYVRP
Annual cost (TER)1.21%0.50%
Fund size (AUM)$119M$2.6B
Since20062014
Dividend yield3.74%6.39%
Asset classmixed assetfixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+20.4%+7.4%
CAGR 3Y+16.2%+10.4%
CAGR 5Y+7.2%+4.4%
Sharpe 3Y0.881.46
Volatility 1Y11.04%2.87%
Max drawdown-50.47%-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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