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PFFV vs VRP

Global X Variable Rate Preferred ETF vs Invesco Variable Rate Preferred ETF

PFFV

Global X Variable Rate Preferred ETF

Global X Funds

Annual cost

0.25%

Fund size

$302M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • PFFV costs 0.25% less per year.
  • VRP is significantly larger than PFFV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, VRP has delivered higher annualized returns.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PFFVVRP
Annual cost (TER)0.25%0.50%
Fund size (AUM)$302M$2.6B
Since20202014
Dividend yield8.13%6.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.6%+7.4%
CAGR 3Y+8.7%+10.4%
CAGR 5Y+2.6%+4.4%
Sharpe 3Y0.791.46
Volatility 1Y4.20%2.87%
Max drawdown-18.95%-46.04%

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

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