(VRP) Invesco Variable Rate - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46138G8704

Preferred, Hybrid, Floating, Variable, Dollar

Dividends

Dividend Yield 6.20%
Yield on Cost 5y 7.76%
Yield CAGR 5y 6.61%
Payout Consistency 96.3%
Payout Ratio -
Risk via 5d forecast
Volatility 3.74%
Value at Risk 5%th 5.89%
Relative Tail Risk -4.11%
Reward TTM
Sharpe Ratio 0.43
Alpha 0.53
CAGR/Max DD 0.92
Character TTM
Hurst Exponent 0.479
Beta 0.151
Beta Downside 0.198
Drawdowns 3y
Max DD 10.32%
Mean DD 1.19%
Median DD 0.34%

Description: VRP Invesco Variable Rate November 10, 2025

The Invesco Variable Rate Preferred ETF (VRP) seeks to track a market-cap-weighted index that holds U.S. dollar-denominated preferred and hybrid securities with floating or variable rates, spanning investment-grade to below-investment-grade credit quality. The fund is required to allocate at least 90 % of its assets to the index constituents (including ADR equivalents), and it is classified as a non-diversified ETF.

Key metrics (as of the latest filing) include an expense ratio of roughly 0.70 %, an average weighted-average yield near 5.5 %, and a portfolio duration of about 2 years, making the ETF moderately sensitive to changes in short-term interest rates. Performance tends to track Fed policy moves: a tightening cycle typically compresses floating-rate preferred spreads, while a loosening cycle can boost yields and total return. Credit-spread dynamics in the high-yield segment also drive the below-investment-grade portion of the index.

For a deeper dive into how VRP fits into a broader income strategy, you might explore ValueRay’s analytical tools to assess its risk-adjusted return profile.

What is the price of VRP shares?

As of December 14, 2025, the stock is trading at USD 24.43 with a total of 410,954 shares traded.
Over the past week, the price has changed by +0.04%, over one month by +0.01%, over three months by +0.72% and over the past year by +6.06%.

Is VRP a buy, sell or hold?

Invesco Variable Rate has no consensus analysts rating.

What are the forecasts/targets for the VRP price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 27.6 12.8%

VRP Fundamental Data Overview December 02, 2025

Market Cap USD = 2.31b (2.31b USD * 1.0 USD.USD)
Beta = 0.46
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.31b USD (2.31b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.31b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.31b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.57% (E(2.31b)/V(2.31b) * Re(6.57%) + (debt-free company))
Discount Rate = 6.57% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for VRP ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle