Invesco Variable Rate Investment Grade ETF
$25.070.00 (0.00%)
- 0.30%
- $2B
- +4.4%
- 4.51%
- 628K sh
- low $24.98high $25.18
The ETF.net VRIG Grade
B
Score 56 out of 100
- 47 of 78
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 69 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 69Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 5 of 76Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 29 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 32 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 13 of 78
Our read on VRIG
In short
BMost funds in the cash corner just roll Treasury bills. VRIG is the active floating-rate alternative: securitized and corporate paper whose coupons reset with short-term rates, built for current income with very low duration.
Stated mandate
The actively managed ETF seeks current income while maintaining low portfolio duration as its primary objective; capital appreciation is secondary.
Why people hold it
Worth knowing
VRIG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VRIG$10,442
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VRIG |
|---|---|
| Year to date | +3.6% |
| 1 month | +0.4% |
| 3 months | +1.0% |
| 1 year | +4.4% |
| 3 years | +5.6% |
| 5 years | +4.7% |
| 10 years | +3.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VRIG |
|---|---|---|
| 2026 YTD | +3.6% | |
| 2025 | +5.0% | |
| 2024 | +6.8% | |
| 2023 | +7.4% | |
| 2022 | +1.0% | |
| 2021 | +1.1% | |
| 2020 | +1.8% |
VRIG in the news
VRIG Dividends
- 4.51%
- $1.13
- $0.09 per share
- Monthly
VRIG Risk
- 0.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 2.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
VRIG Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$5,511
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
VRIG 0.30%
$6,149
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | VRIG | XHLF | Overpaying |
|---|---|---|---|
| 10 | $545 | $55 | $490 |
| 20 | $2,113 | $216 | $1,897 |
| 30 | $6,149 | $638 | $5,511 |
Other funds in Cash & Ultra-Short Income
- BKCSHKraneShares Sustainable Ultra Short Duration Index ETFExpense ratio 0.20%1 year return +4.1%
- BTUSBThrivent Ultra Short Bond ETFExpense ratio 0.20%1 year return +4.2%
- BBUXXStrive Enhanced Income Short Maturity ETFExpense ratio 0.26%1 year return +4.0%
- BCVSBCalvert Ultra-Short Investment Grade ETFExpense ratio 0.24%1 year return +3.8%
- BEMNTPIMCO Enhanced Short Maturity Active ESG Exchange-Traded FundExpense ratio 0.24%1 year return +3.9%
