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GPZ vs VRP

VanEck Alternative Asset Manager ETF vs Invesco Variable Rate Preferred ETF

GPZ

VanEck Alternative Asset Manager ETF

VanEck

Annual cost

0.40%

Fund size

$245M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • GPZ costs 0.10% less per year.
  • VRP is significantly larger than GPZ — larger funds tend to be more liquid and less likely to close.
  • GPZ is classified as equity, while VRP is fixed income — different risk/return profiles.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GPZVRP
Annual cost (TER)0.40%0.50%
Fund size (AUM)$245M$2.6B
Since20252014
Dividend yield6.39%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+7.6%
CAGR 3YN/A+10.4%
CAGR 5YN/A+4.5%
Sharpe 3YN/A1.46
Volatility 1Y2.89%
Max drawdown-31.72%-46.04%

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

Similar to GPZ and VRP