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GTOQ vs VRP

Invesco High Yield Systematic Bond ETF vs Invesco Variable Rate Preferred ETF

GTOQ

Invesco High Yield Systematic Bond ETF

Invesco

Annual cost

0.39%

Fund size

$162M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • GTOQ costs 0.11% less per year.
  • VRP is significantly larger than GTOQ — larger funds tend to be more liquid and less likely to close.
  • GTOQ is classified as alternative, while VRP is fixed income — different risk/return profiles.
  • GTOQ follows a multi strategy strategy; VRP uses index tracking.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOQVRP
Annual cost (TER)0.39%0.50%
Fund size (AUM)$162M$2.6B
Since20202014
Dividend yield6.92%6.39%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.6%+7.6%
CAGR 3Y+9.4%+10.4%
CAGR 5Y+4.1%+4.5%
Sharpe 3Y1.161.46
Volatility 1Y3.69%2.89%
Max drawdown-15.96%-46.04%

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

Similar to GTOQ and VRP