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VRIG vs PVI

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

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

Key differences

  • VRIG is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • VRIG follows a active selection strategy; PVI uses index tracking.
  • 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

VRIGPVI
Annual cost (TER)0.30%0.25%
Fund size (AUM)$1.5B$31M
Since20162007
Dividend yield4.86%2.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.1%+2.3%
CAGR 3Y+6.1%+2.7%
CAGR 5Y+4.4%+1.9%
Sharpe 3Y2.90-0.34
Volatility 1Y0.50%2.61%
Max drawdown-13.04%-1.16%

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

Similar to VRIG and PVI