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EPRF vs VRP

Innovator S&P Investment Grade Preferred ETF vs Invesco Variable Rate Preferred ETF

EPRF

Innovator S&P Investment Grade Preferred ETF

Innovator ETFs

Annual cost

0.47%

Fund size

$72M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP is significantly larger than EPRF — larger funds tend to be more liquid and less likely to close.
  • EPRF is classified as alternative, while VRP is fixed income — different risk/return profiles.
  • EPRF follows a structured outcome strategy; VRP uses index tracking.
  • Over the last 3 years, VRP has delivered higher annualized returns.

Side-by-side comparison

EPRFVRP
Annual cost (TER)0.47%0.50%
Fund size (AUM)$72M$2.6B
Since20162014
Dividend yield6.08%6.39%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+4.0%+7.6%
CAGR 3Y+4.0%+10.4%
CAGR 5Y-1.5%+4.5%
Sharpe 3Y0.091.46
Volatility 1Y7.59%2.89%
Max drawdown-26.82%-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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