Skip to content
Beacon

VRPInvesco Variable Rate Preferred ETF

Get income12y track recordRanked #322 of 1,706 in this goal

Tracks the ICE Variable Rate Preferred & Hybrid Securities Index.

By Invesco · Launched 2014

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$3.0B

#620 of 6,040 · large

Return (1Y)

+3.1%

Track Record

12 years

#1,174 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,967-0.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Variable Rate Preferred & Hybrid Securities Index

Holdings

By weight

Concentration

Top 10 holdings = 17.0% of funddiversified

Invesco Private Prime Fund
6.1%
Invesco Private Government Fund
2.3%
Wells Fargo & Co.
1.3%
Bank of America Corp.
1.2%
JPMorgan Chase & Co.
1.2%
Citigroup Inc.
1.0%
Citigroup Capital XIII
1.0%
JPMorgan Chase & Co.
1.0%
Citigroup Inc.
1.0%
Bank of America Corp.
1.0%

Asset allocation

Bonds
50.2%
Preferred
48.9%
Convertible
3.8%
Cash
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.9%Low

Year-on-year price swings

Max drawdown
-37.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.03Strong risk-adjusted returns
Sortino (3Y)
1.50Good downside protection

Bond profile

Duration

6.4 years

Avg maturity

9.9 years

Credit ratings

AAA
0.1%
AA
0.2%
A
1.8%
BBB
60.6%
BB
33.4%
B
0.6%
Other
3.4%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Tracks the ICE Variable Rate Preferred & Hybrid Securities Index.
Strategy
Invests at least 90% of total assets in floating and variable rate preferred stock and hybrid securities, using a sampling methodology to track the ICE Variable Rate Preferred & Hybrid Securities Index. Concentrates in the financials sector and includes large-, mid-, and small-cap companies in the U.S. domestic market.
Inception date
May 1, 2014
Fund family
Invesco

Next steps

Save VRP to compare it with other funds, or start building a portfolio.

See other funds for this goal

Data updated on 2026-09-18