VRPInvesco Variable Rate Preferred ETF(Exchange Traded Fund )
XTF Rating* NR
Price:$25.57 0.11(0.43%)
52 Week:$22.26 - $25.6
Volume: 174,509
Avg Daily Volume: 233,837
Market Cap: $1,558,152,000 Avg Trade Size: 515 shares
Fund Turnover: 265 days 10/23/2019 8:00:00 PM
Similar ETFs to VRP: PSK, FPE, FPEI

Invesco Variable Rate Preferred ETF is an exchange-traded fund incorporated in the USA. The Invesco Variable Rate Preferred ETF (Fund) is based on the Wells Fargo® Hybrid and Preferred Securities Floating and Variable Rate Index (Index). The Fund will generally invest at least 90% of its total assets in preferred securities that comprise the Index. The Index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of 'hybrid securities' that are functionally equivalent to preferred stock, that are issued by US-based or foreign issuers and that pay a floating or variable rate dividend or coupon. The Fund and the Index are rebalanced monthly.

Inception Date: 5/1/2014Geography: Global  Asset Class: Hybrid
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively Managed
Issuer: Invesco Capital Management LLC,Underlying Index: Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index
Index Provider: Wells FargoIndex Composition: Cap-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
VRP Structural Integrity ranks in the 65th percentile (among all 19 Hybrid ETFs over past 6 months).
as of 8/30/2019 Value  Rank (%)
Expense Ratio 0.50% 
 47.8%
Average Bid Ask Ratio Premium Content 
 76%
Tracking Error Premium Content 
 60.7%
Concentration Risk Premium Content 
 5.9%
Market Impact Premium Content 
 98.1%
Efficiency Premium Content 
 32.6%
Cap Gains Dist Premium Content 
 100%
     
as of 10/22/2019  
Avg Number of Components   (range) 213   (204-223)
Legal Structure Open-End Investment Company 
Annual Yield / SEC Yield 5.28% / 1.07%
Last Dividend PaidDate 0.11, 10/21/2019   See Distributions
Options / Futures Available N  /  N 
Short Interest / Days to Cover 0.3% /  1 day
Net Asset Value $1,559,760,336 
Premium (Discount) -0.1% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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