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Sunday, August 23, 2026The Morning Brief →Sign in

Invesco Variable Rate Preferred ETF

$24.17+0.12% today
242552-WK

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.

Price & daily flows
24.724.324.024.17DAILY NET FLOWAug 22Mar 18Jun 3Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$870M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$22M of net buying over the past month, about 0.7% of the fund's asset base, while the price has returned -1.4% so far this year. At 0.50% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$3Bassets under management
0.50%expense ratio · $50 per $10,000 a year
+$22Mnet flow, trailing month
627Kavg daily volume, 30 days
306holdings · US-domiciled
2014listed April 30, 2014
The book at a glance
1.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1NATIONWIDE FINANCIAL SERVICES INC0.14%
2CASH & EQUIVALENTS0.00%
3Invesco Government & Agency Portfolio1.03%
4Valley National Bancorp0.03%
5Rithm Capital Corp0.04%
6Midland States Bancorp Inc0.04%
7ConnectOne Bancorp Inc0.04%
8ACRES Commercial Realty Corp0.04%
9Valley National Bancorp0.04%
10Dynex Capital Inc0.04%
11Truist Financial Corp0.04%
12Ellington Financial Inc0.04%
13Tsakos Energy Navigation Ltd0.05%
14Two Harbors Investment Corp0.05%
15GasLog Partners LP0.05%

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Performance
1 week-0.0%
1 month-0.0%
3 months-0.4%
6 months-1.8%
YTD-1.4%
1 year-1.9%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$10M
1 month+$22M
3 months+$185M
YTD+$788M
1 year+$870M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JunJulAugSepOctFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
2%realized volatility, 30 days (annualized)
4%realized volatility, 1 year
-4.8%deepest fall from a peak, 1 year
-3.0%where it sits vs. that peak today

The top holding is 1.0% of the book; the top ten carry 4%. Spread across 250+ names, it behaves like roughly 198 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
10calls today
puts today
put/call ratio
516Kshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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