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GRNB vs VRIG

VanEck Green Bond ETF vs Invesco Variable Rate Investment Grade ETF

GRNB

VanEck Green Bond ETF

VanEck

Annual cost

0.20%

Fund size

$177M

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

Key differences

  • GRNB costs 0.10% less per year.
  • VRIG is significantly larger than GRNB — larger funds tend to be more liquid and less likely to close.
  • GRNB follows a index tracking strategy; VRIG uses active selection.
  • Over the last 3 years, VRIG has delivered higher annualized returns.

Side-by-side comparison

GRNBVRIG
Annual cost (TER)0.20%0.30%
Fund size (AUM)$177M$1.5B
Since20172016
Dividend yield4.31%4.86%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+5.4%+5.1%
CAGR 3Y+4.9%+6.1%
CAGR 5Y+0.8%+4.4%
Sharpe 3Y0.332.90
Volatility 1Y3.01%0.50%
Max drawdown-18.07%-13.04%

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

Similar to GRNB and VRIG