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VRIG vs PFIG

Invesco Variable Rate Investment Grade ETF vs Invesco Fundamental Investment Grade Corporate Bond ETF

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

PFIG

Invesco Fundamental Investment Grade Corporate Bond ETF

Invesco

Annual cost

0.22%

Fund size

$113M

Key differences

  • PFIG costs 0.08% less per year.
  • VRIG is significantly larger than PFIG — larger funds tend to be more liquid and less likely to close.
  • VRIG follows a active selection strategy; PFIG uses index tracking.
  • Over the last 3 years, VRIG has delivered higher annualized returns.
  • PFIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VRIGPFIG
Annual cost (TER)0.30%0.22%
Fund size (AUM)$1.5B$113M
Since20162011
Dividend yield4.86%4.37%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.1%+5.5%
CAGR 3Y+6.1%+5.0%
CAGR 5Y+4.4%+1.4%
Sharpe 3Y2.900.35
Volatility 1Y0.50%3.10%
Max drawdown-13.04%-15.73%

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

Similar to VRIG and PFIG