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PVI vs VRIG

Invesco Floating Rate Municipal Income ETF vs Invesco Variable Rate Investment Grade ETF

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

Key differences

  • VRIG is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • PVI follows a index tracking strategy; VRIG uses active selection.
  • Over the last 3 years, VRIG has delivered higher annualized returns.
  • PVI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PVIVRIG
Annual cost (TER)0.25%0.30%
Fund size (AUM)$31M$1.5B
Since20072016
Dividend yield2.16%4.86%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+2.3%+5.1%
CAGR 3Y+2.7%+6.1%
CAGR 5Y+1.9%+4.4%
Sharpe 3Y-0.342.90
Volatility 1Y2.61%0.50%
Max drawdown-1.16%-13.04%

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

Similar to PVI and VRIG