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VRIG vs PICB

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

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

Key differences

  • VRIG costs 0.20% less per year.
  • VRIG is significantly larger than PICB — larger funds tend to be more liquid and less likely to close.
  • VRIG follows a active selection strategy; PICB uses index tracking.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VRIGPICB
Annual cost (TER)0.30%0.50%
Fund size (AUM)$1.5B$360M
Since20162010
Dividend yield4.86%3.29%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.1%+4.5%
CAGR 3Y+6.1%+5.9%
CAGR 5Y+4.4%-2.1%
Sharpe 3Y2.900.30
Volatility 1Y0.50%7.88%
Max drawdown-13.04%-37.15%

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

Similar to VRIG and PICB