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PICB vs VRP

Invesco International Corporate Bond ETF vs Invesco Variable Rate Preferred ETF

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP is significantly larger than PICB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, VRP has delivered higher annualized returns.

Side-by-side comparison

PICBVRP
Annual cost (TER)0.50%0.50%
Fund size (AUM)$360M$2.6B
Since20102014
Dividend yield3.29%6.39%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.5%+7.4%
CAGR 3Y+5.9%+10.4%
CAGR 5Y-2.1%+4.4%
Sharpe 3Y0.301.46
Volatility 1Y7.88%2.87%
Max drawdown-37.15%-46.04%

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

Similar to PICB and VRP