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NPFI vs VRIG

Nuveen Preferred And Income ETF vs Invesco Variable Rate Investment Grade ETF

NPFI

Nuveen Preferred And Income ETF

Annual cost

0.56%

Fund size

$154M

VRIG

Invesco Variable Rate Investment Grade ETF

Annual cost

0.30%

Fund size

$1.5B

Key differences

  • VRIG costs 0.26% less per year.
  • VRIG is significantly larger than NPFI — larger funds tend to be 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

NPFIVRIG
Annual cost (TER)0.56%0.30%
Fund size (AUM)$154M$1.5B
Since20242016
Dividend yield6.37%4.86%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+8.2%+5.0%
CAGR 3YN/A+6.0%
CAGR 5YN/A+4.4%
Sharpe 3YN/A2.87
Volatility 1Y2.91%0.50%
Max drawdown-3.18%-13.04%

Similar to NPFI and VRIG