---
ticker: "VRIG"
name: "Invesco Variable Rate Investment Grade ETF"
url: "https://etf.net/etf/VRIG"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "46 of 78"
methodology: "https://etf.net/methodology"
---

# VRIG: Invesco Variable Rate Investment Grade ETF

Grade **B**, Score 57 of 100. Rank 46 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 16 | 65 of 78 |
| Mission | 100 | 1 of 66 |
| Risk | 61 | 7 of 75 |
| Tradability | 56 | 28 of 78 |
| Holdings | 66 | 29 of 77 |
| Durability | 80 | 13 of 78 |

## Top holdings

The fund holds 361 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Floating Rate Note 4.19% 04/30/2028 | 7.28% |
| 2 | — | United States Treasury Floating Rate Note 4.14% 07/31/2028 | 4.76% |
| 3 | — | United States Treasury Floating Rate Note 4.28% 10/31/2027 | 3.69% |
| 4 | — | United States Treasury Floating Rate Note 4.25% 07/31/2027 | 2.13% |
| 5 | — | United States Treasury Note/Bond 4.13% 08/31/2028 | 1.79% |
| 6 | — | United States Treasury Floating Rate Note 4.19% 01/31/2028 | 0.91% |
| 7 | — | Connecticut Avenue Securities Trust 2022-R06 7.54% 05/25/2042 | 0.84% |
| 8 | — | Citigroup Inc 5.25% 05/07/2031 | 0.76% |
| 9 | — | Connecticut Avenue Securities Trust 2021-R03 5.34% 12/25/2041 | 0.74% |
| 10 | — | Freddie Mac STACR REMIC Trust 2022-DNA2 7.44% 02/25/2042 | 0.74% |
| 11 | — | Freddie Mac STACR REMIC Trust 2023-DNA2 6.94% 04/25/2043 | 0.70% |
| 12 | — | Connecticut Avenue Securities Trust 2022-R04 6.79% 03/25/2042 | 0.66% |
| 13 | — | Connecticut Avenue Securities Trust 2022-R02 6.69% 01/25/2042 | 0.66% |
| 14 | — | Freddie Mac REMICS 4.64% 02/25/2056 | 0.66% |
| 15 | — | Connecticut Avenue Securities Trust 2022-R03 7.19% 03/25/2042 | 0.64% |
| 16 | — | OBX 2026-HE2 Trust 5.04% 06/25/2056 | 0.64% |
| 17 | — | Connecticut Avenue Securities Trust 2025-R03 5.94% 03/25/2045 | 0.62% |
| 18 | — | SCG Commercial Mortgage Trust 2025-FLWR 5.07% 08/15/2042 | 0.61% |
| 19 | — | SHRN Trust 2025-MF18 5.02% 10/15/2040 | 0.61% |
| 20 | — | Freddie Mac STACR REMIC Trust 2024-HQA2 4.89% 08/25/2044 | 0.61% |
| 21 | — | Pagaya AI Debt Grantor Trust 2026-R3 5.16% 06/15/2034 | 0.57% |
| 22 | — | Freddie Mac STACR REMIC Trust 2023-DNA1 5.80% 03/25/2043 | 0.56% |
| 23 | — | Freddie Mac STACR REMIC Trust 2022-DNA4 8.94% 05/25/2042 | 0.54% |
| 24 | — | Freddie Mac STACR REMIC Trust 2023-HQA2 7.04% 06/25/2043 | 0.54% |
| 25 | — | Nationwide Building Society 4.90% 09/30/2030 | 0.54% |
| 26 | — | NRTH Commercial Mortgage Trust 2025-PARK 5.21% 10/15/2040 | 0.53% |
| 27 | — | Connecticut Avenue Securities Trust 2026-R06 4.99% 09/25/2046 | 0.52% |
| 28 | — | Fannie Mae REMICS 4.94% 07/25/2054 | 0.52% |
| 29 | — | Freddie Mac STACR REMIC Trust 2026-HQA1 4.94% 05/25/2046 | 0.51% |
| 30 | — | WBHT Commercial Mortgage Trust 2025-WBM 5.56% 06/15/2042 | 0.51% |

Source: etf.net, https://etf.net/etf/VRIG. Please cite the page URL.