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PREF vs VRP

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

PREF

Principal Spectrum Preferred Securities Active ETF

Annual cost

0.55%

Fund size

$1.5B

VRP

Invesco Variable Rate Preferred ETF

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP costs 0.05% less per year.
  • PREF covers global markets; VRP covers north america.
  • PREF follows a active selection strategy; VRP uses index tracking.

Side-by-side comparison

PREFVRP
Annual cost (TER)0.55%0.50%
Fund size (AUM)$1.5B$2.6B
Since20172014
Dividend yield5.03%6.39%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.0%+7.4%
CAGR 3Y+9.8%+10.3%
CAGR 5Y+3.2%+4.4%
Sharpe 3Y1.631.43
Volatility 1Y3.08%2.88%
Max drawdown-22.99%-46.04%

Similar to PREF and VRP