VRP Performance — Invesco Variable Rate Preferred ETF
Data updated: 2026-07-30
VRP returned +1.99% year to date and +7.41% over one year to May 2026. Annualised returns are +9.80% over 3 years and +4.46% over 5 years. The fund beat its Intermediate Corporate Bond category average: $100 invested three years ago grew to $132, against $119 for the category, and to $107 over one year, against $106. Volatility over the past three years was 3.93% a year. In the 12 months to May 2026 the fund took in a net $829.3M, and assets reached $2.89B.
VRP Growth of $100
What $100 invested in Invesco Variable Rate Preferred ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | VRP | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $106 |
| 3 years (Jun 2023 – May 2026) | $132 | $119 |
| 5 years (Jun 2021 – May 2026) | $124 | $107 |
| Since data start (Sep 2019 – May 2026) | $139 | $116 |
VRP Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.99% |
| 1 year | +7.41% |
| 3 years (annualised) | +9.80% |
| 5 years (annualised) | +4.46% |
VRP Annual Returns
Calendar-year total returns of Invesco Variable Rate Preferred ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.99% |
| 2025 | +7.27% |
| 2024 | +11.40% |
| 2023 | +10.43% |
| 2022 | −9.11% |
| 2021 | +4.09% |
| 2020 | +5.22% |
| 2019 (Sep–Dec) | +3.67% |
VRP Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +0.5% | −1.5% | +1.6% | +0.7% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +0.8% | −0.2% | −0.8% | +1.4% | +1.5% | +0.7% | +0.9% | +1.1% | +0.5% | 0.0% | +0.6% |
| 2024 | +2.4% | +0.8% | +1.2% | −0.4% | +1.6% | +0.7% | +0.9% | +1.3% | +1.6% | +0.3% | +0.8% | −0.1% |
| 2023 | +6.0% | −0.6% | −4.2% | +1.3% | −0.5% | +1.5% | +2.3% | −0.1% | −0.4% | −1.8% | +4.2% | +2.8% |
| 2022 | −1.8% | −2.5% | −0.3% | −2.5% | −1.6% | −4.1% | +5.2% | −0.9% | −3.1% | −0.3% | +2.5% | +0.2% |
| 2021 | −0.1% | −0.4% | +0.9% | +1.4% | +0.5% | +1.1% | +0.6% | +0.2% | +0.1% | −0.3% | −1.3% | +1.3% |
| 2020 | +1.2% | −2.5% | −13.9% | +8.5% | +0.9% | +0.5% | +4.7% | +2.1% | −1.1% | +0.9% | +3.9% | +1.7% |
| 2019 | — | — | — | — | — | — | — | — | +0.8% | +1.4% | +0.4% | +1.0% |
VRP Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 3.93%
- 3-year Sharpe ratio: 1.35 (vs 4.5% risk-free rate)
- Best month: +4.16% (Nov 2023)
- Worst month: −1.78% (Oct 2023)
VRP Fund Flows
Monthly money in and out of Invesco Variable Rate Preferred ETF, from SEC Form N-PORT.
- 12-month net flow: $829.3M
- 12-month gross sales (incl. reinvestments): $829.3M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $296.6M | $0 | $296.6M |
| Apr 2026 | $150.6M | $0 | $150.6M |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $51.4M | $0 | $51.4M |
| Jan 2026 | $51.2M | $0 | $51.2M |
| Dec 2025 | $39.0M | $0 | $39.0M |
| Nov 2025 | $51.5M | $0 | $51.5M |
| Oct 2025 | $22.2M | $0 | $22.2M |
| Sep 2025 | $69.3M | $0 | $69.3M |
| Aug 2025 | $22.0M | $0 | $22.0M |
| Jul 2025 | $34.2M | $0 | $34.2M |
| Jun 2025 | $41.3M | $0 | $41.3M |
VRP Assets Under Management
Net assets of Invesco Variable Rate Preferred ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.89B |
| 2026-02-28 | $2.45B |
| 2025-11-30 | $2.31B |
| 2025-08-31 | $2.18B |
| 2025-05-31 | $2.05B |
| 2025-02-28 | $2.03B |
| 2024-11-30 | $1.86B |
| 2024-08-31 | $1.74B |
| 2024-05-31 | $1.69B |
| 2024-02-29 | $1.56B |
| 2023-11-30 | $1.44B |
| 2023-08-31 | $1.49B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.