Skip to content
Beacon
Screener

PVI vs VRP

Invesco Floating Rate Municipal Income ETF vs Invesco Variable Rate Preferred ETF

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

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

Side-by-side comparison

PVIVRP
Annual cost (TER)0.25%0.50%
Fund size (AUM)$31M$2.6B
Since20072014
Dividend yield2.16%6.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.3%+7.4%
CAGR 3Y+2.7%+10.4%
CAGR 5Y+1.9%+4.4%
Sharpe 3Y-0.341.46
Volatility 1Y2.61%2.87%
Max drawdown-1.16%-46.04%

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

Similar to PVI and VRP