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VRP vs IIGD

Invesco Variable Rate Preferred ETF vs Invesco Investment Grade Defensive ETF

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

IIGD

Invesco Investment Grade Defensive ETF

Invesco

Annual cost

0.13%

Fund size

$31M

Key differences

  • IIGD costs 0.37% less per year.
  • VRP is significantly larger than IIGD — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, VRP has delivered higher annualized returns.

Side-by-side comparison

VRPIIGD
Annual cost (TER)0.50%0.13%
Fund size (AUM)$2.6B$31M
Since20142018
Dividend yield6.39%4.27%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.4%+4.6%
CAGR 3Y+10.4%+4.8%
CAGR 5Y+4.4%+1.6%
Sharpe 3Y1.460.39
Volatility 1Y2.87%2.33%
Max drawdown-46.04%-11.48%

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

Similar to VRP and IIGD