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PREF vs VRIG

Principal Spectrum Preferred Securities Active ETF vs Invesco Variable Rate Investment Grade ETF

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

VRIG

Invesco Variable Rate Investment Grade ETF

Annual cost

0.30%

Fund size

$1.5B

Key differences

  • VRIG costs 0.25% less per year.
  • PREF covers global markets; VRIG covers north america.
  • Over the last 3 years, PREF has delivered higher annualized returns.

Side-by-side comparison

PREFVRIG
Annual cost (TER)0.55%0.30%
Fund size (AUM)$1.5B$1.5B
Since20172016
Dividend yield5.03%4.86%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+5.0%
CAGR 3Y+9.8%+6.0%
CAGR 5Y+3.2%+4.4%
Sharpe 3Y1.632.87
Volatility 1Y3.08%0.50%
Max drawdown-22.99%-13.04%

Similar to PREF and VRIG