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VRP vs RWL

Invesco Variable Rate Preferred ETF vs Invesco S&P 500 Revenue ETF

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

RWL

Invesco S&P 500 Revenue ETF

Invesco

Annual cost

0.39%

Fund size

$8.8B

Key differences

  • RWL costs 0.11% less per year.
  • RWL is significantly larger than VRP — larger funds tend to be more liquid and less likely to close.
  • VRP is classified as fixed income, while RWL is equity — different risk/return profiles.
  • Over the last 3 years, RWL has delivered higher annualized returns.
  • RWL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VRPRWL
Annual cost (TER)0.50%0.39%
Fund size (AUM)$2.6B$8.8B
Since20142008
Dividend yield6.39%1.28%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.6%+29.1%
CAGR 3Y+10.4%+20.2%
CAGR 5Y+4.5%+13.3%
Sharpe 3Y1.461.28
Volatility 1Y2.89%10.12%
Max drawdown-46.04%-36.04%

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

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