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KAUG vs VRIG

Innovator U.S. Small Cap Power Buffer ETF - August vs Invesco Variable Rate Investment Grade ETF

KAUG

Innovator U.S. Small Cap Power Buffer ETF - August

Annual cost

0.79%

Fund size

$75M

VRIG

Invesco Variable Rate Investment Grade ETF

Annual cost

0.30%

Fund size

$1.5B

Key differences

KAUG is an alternative ETF, while VRIG is a fixed income ETF. KAUG charges 0.79% a year and VRIG 0.30%.

  • KAUG is an alternative fund, while VRIG is a fixed income fund. They carry different risk/return profiles.
  • KAUG follows a structured outcome strategy; VRIG uses active selection.
  • VRIG costs 0.49% less per year.
  • VRIG is much larger than KAUG. Larger funds are usually more liquid and less likely to close.
  • VRIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KAUGVRIG
Annual cost (TER)0.79%0.30%
Fund size (AUM)$75M$1.5B
Since20242016
Dividend yield0.00%4.80%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeactive selection
CAGR 1Y+15.5%+5.0%
CAGR 3YN/A+6.0%
CAGR 5YN/A+4.4%
Sharpe 3YN/A2.81
Volatility 1Y8.03%0.50%
Max drawdown-15.66%-13.04%

Similar to KAUG and VRIG