VRP – Invesco Variable Rate Preferred ETF

Invesco Variable Rate Preferred ETF (VRP) is a Preferred Stock ETF, issued by Invesco, $3B in assets, 0.48% expense ratio.

Returns as of Oct 23, 2026: 1 week -0.4%, 1 year +1.6%.

Tracks index of floating and variable rate preferred stock and hybrid securities. Focuses on U.S. dollar-denominated, investment grade and below investment grade assets.

Top holdings

• C-PN – Citigroup Capital XIII TR PFD SECS, 0.9%
• US060505FL38 – BAC 5.875, 0.8%
• US06055HAB96 – BAC 6.125, 0.7%
• AGPXX – Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional, 0.7%
• US808513BJ38 – SCHW 4, 0.7%
• US95002YAA10 – WELLS FARGO 23/UND. FLR, 0.6%
• US89832QAD16 – TFC 4.8, 0.6%
• US060505GB47 – BAC 4.375, 0.6%
• US172967PE54 – CITIGROUP 23/UND.FLR, 0.5%
• US48128BAH42 – JPM 4, 0.5%
• US38141GA385 – GOLDM.S.GRP 23/UND. FLR, 0.5%
• US902973BC96 – USB 3.7, 0.5%
• US693475BP99 – PNC 6.25, 0.5%
• US693475BC86 – PNC 3.4, 0.5%
• US172967PC98 – C 7.375, 0.5%
• US693475BF18 – PNC 6.2, 0.4%
• US48128BAD38 – JPM 7.39357, 0.4%
• US064058AL44 – BK 3.75, 0.4%
• US29273VAM28 – Energy Transfer 7.125% perp., 0.4%
• US693475BD69 – PNC 6, 0.4%
• US172967NB34 – C 4.15, 0.4%
• US902973AZ90 – USB 5.3, 0.4%
• US37045XCA28 – GM 5.75, 0.3%
• US89832QAF63 – Truist Financial Corp. 5,1%, 0.3%
• US02005NBN93 – ALLY 4.7, 0.3%

Important ETFs