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DMBS vs VRP

Mortgage ETF vs Invesco Variable Rate Preferred ETF

DMBS

Mortgage ETF

Annual cost

0.39%

Fund size

$690M

VRP

Invesco Variable Rate Preferred ETF

Annual cost

0.50%

Fund size

$2.9B

Key differences

Both DMBS and VRP are fixed income ETFs. DMBS charges 0.39% a year and VRP 0.50%. The main difference: DMBS follows a active selection strategy; VRP uses index tracking.

  • DMBS follows a active selection strategy; VRP uses index tracking.
  • DMBS costs 0.11% less per year.
  • VRP is much larger than DMBS. Larger funds are usually more liquid and less likely to close.
  • Over the last three 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

DMBSVRP
Annual cost (TER)0.39%0.50%
Fund size (AUM)$690M$2.9B
Since20232014
Dividend yield5.04%6.31%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.4%+6.6%
CAGR 3Y+4.7%+9.6%
CAGR 5YN/A+4.3%
Sharpe 3Y0.191.31
Volatility 1Y4.12%2.89%
Max drawdown-8.03%-46.04%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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