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NFEB vs VRP

Innovator Growth-100 Power Buffer ETF - February vs Invesco Variable Rate Preferred ETF

NFEB

Innovator Growth-100 Power Buffer ETF - February

Annual cost

0.79%

Fund size

$83M

VRP

Invesco Variable Rate Preferred ETF

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP costs 0.29% less per year.
  • VRP is significantly larger than NFEB — larger funds tend to be more liquid and less likely to close.
  • NFEB is classified as alternative, while VRP is fixed income — different risk/return profiles.
  • NFEB follows a structured outcome strategy; VRP uses index tracking.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NFEBVRP
Annual cost (TER)0.79%0.50%
Fund size (AUM)$83M$2.6B
Since20252014
Dividend yield0.00%6.39%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+22.0%+7.6%
CAGR 3YN/A+10.4%
CAGR 5YN/A+4.5%
Sharpe 3YN/A1.46
Volatility 1Y7.35%2.89%
Max drawdown-13.27%-46.04%

Similar to NFEB and VRP