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VPC vs VRP

Virtus Private Credit ETF vs Invesco Variable Rate Preferred ETF

VPC

Virtus Private Credit ETF

Virtus

Annual cost

10.60%

Fund size

$33M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

  • VRP costs 10.10% less per year.
  • VRP is significantly larger than VPC — larger funds tend to be more liquid and less likely to close.
  • VPC is classified as equity, while VRP is fixed income — different risk/return profiles.
  • Over the last 3 years, VRP has delivered higher annualized returns.
  • VRP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VPCVRP
Annual cost (TER)10.60%0.50%
Fund size (AUM)$33M$2.6B
Since20192014
Dividend yield16.57%6.39%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y-10.7%+7.6%
CAGR 3Y+3.4%+10.4%
CAGR 5Y+1.5%+4.5%
Sharpe 3Y0.051.46
Volatility 1Y13.06%2.89%
Max drawdown-53.45%-46.04%

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

Similar to VPC and VRP