Invesco Variable Rate Preferred ETF
Ticker
VRP
ISIN
US46138G870
Price
USD 24.40
Change Today
+0.05 / 0.205 %
Price 1 year ago
21.09 / 15.705 %
Morningstar
4
52 Week Low
21.08
52 Week High
24.41
200 Day Moving Average 23.40
23.40
50-day Moving Average
24.26
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 2.76 |
| Sortino Ratio | 1.32 |
| Maximum Drawdown | -0.7% |
| Maximum Drawdown Date | 2024-01-03 |
| Calmar Ratio | -52.88 |
1 year
| Parameter | Value |
|---|---|
| Return | 1.40 |
| Volatility | 1.542% |
| Alpha | +6.21 |
| Beta | None |
| R Squared | +61.25 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 5.948% |
| Average Annual Volatility | 14.191% |
| Sharpe Ratio | 0.42 |
| Sortino Ratio | 0.21 |
| Maximum Drawdown | -46.0% |
| Maximum Drawdown Date | 2020-03-18 |
| Calmar Ratio | -0.13 |
Company information
Summary
The investment seeks to track the investment results of the ICE Variable Rate Preferred & Hybrid Securities Index. The fund will invest at least 90% of its total assets in the components of the index, as well as ADRs that represent securities in the index. The index provider compiles and calculates the index, a market capitalization-weighted index designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar denominated preferred stock, as well as certain types of hybrid securities. It is non-diversified.
Market
US
Category
Preferred Stock
Expense Ratio
0.50%
Fund family
Invesco
Morningstar
4
Yield
0.0511
Exchange
PCX
| Sector | Weight |
|---|---|
| Financial services | 0.89% |
| Energy | 0.08% |
| Industrials | 0.07% |
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Utilities | 0.00% |
| Healthcare | 0.00% |
None
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| General Electric Company 3.45% | 2.42% | |
| AGPXX | Invesco Shrt-Trm Inv Gov&Agcy Instl | 1.71% |
| Wells Fargo & Company 3.9% | 1.56% | |
| JPMorgan Chase & Co. 4.6% | 1.32% | |
| JPMorgan Chase & Co. 3.66% | 1.28% | |
| The Charles Schwab Corporation 5.38% | 1.18% | |
| BP Capital Markets plc 4.88% | 1.17% | |
| BP Capital Markets plc 4.38% | 1.14% | |
| Bank of America Corporation 5.88% | 1.13% | |
| CPN | Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4 | 1.1% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| FPEI | First Trust Institutional Preferred Securities and Income ETF | US33734X846 | PCX | 0.85% | 5 | +5.45 | |
| FR0010859785.PA | Federal Obligation Variable ISR I | FR001275052 | YHD | 0.30% | 5 | Candriam World Alternative Alphamax I EUR | |
| FR0011048511.PA | Ecofi Taux Variable P | FR001104851 | PAR | 5 | |||
| FR0012336758.PA | La Française Index Variable S | FR001299035 | YHD | 5 | |||
| FR0012750529.PA | Federal Obligation Variable ISR | FR001275052 | PAR | 5 | |||
| VRIG | Invesco Variable Rate Investment Grade ETF | IE00BG21M73 | NGM | 0.30% | 5 | +0.45 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.