Invesco Variable Rate Investment Grade ETF

VRIG

Market cap $1.28B

Overview Fund Activity

25.14 USD

+0.01

0.04%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

25.15

+0.01

0.04%

1 day

0.04%

5 days

0.12%

1 month

0.04%

3 months

0.16%

6 months

0.04%

Year to date

0.08%

1 year

-0.08%

5 years

1%

10 years

0.52%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

56% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 16

6% more funds holding

Funds holding: 145 [Q1] → 153 (+8) [Q2]

1.81% more ownership

Funds ownership: 72.3% [Q1] → 74.1% (+1.81%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 56

13% less capital invested

Capital invested by funds: $1.03B [Q1] → $893M (-$136M) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q1] → 6 (-2) [Q2]

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Financial journalist opinion

VRIG: Variable Rate ETF With Low-Risk Profile

Invesco Variable Rate Investment Grade ETF offers a 5% yield from investment-grade, floating-rate debt with a low-risk profile due to high credit quality and short duration. The fund has kept pace with inflation since inception and compares favorably with peers, despite a higher expense ratio. About 37% of assets are in short-term treasuries and agency securities, further reducing risk and volatility for investors seeking stability.

VRIG: Attractive Yield Amid Trade Uncertainty

VRIG ETF provides a stable return while hedging the market volatility with floating rate instruments. Uncertainty regarding trade negotiations could prolong the Fed's wait-and-see posture. The fund could benefit its holders with a 4.5% return in the following 12-month period.

VRIG: Attractive Yield Amid Trade Uncertainty

VRIG: A Bit Disappointing (Rating Downgrade)

This year has been challenging for asset classes, with the S&P 500 down 10%, Nasdaq down 13%, and short-term bond funds also affected. The Invesco Variable Rate Investment Grade ETF experienced a surprising -0.46% drawdown, despite its low portfolio duration of 0.22 years. VRIG's underperformance is attributed to slippage in the 'Securitized' bucket, particularly in ABS deals, despite strong credit ratings and low duration.

VRIG: A Bit Disappointing (Rating Downgrade)

VRIG: There Are Better Alternatives

Invesco Variable Rate Investment Grade ETF provides exposure to floating rate investment grade credit securities. VRIG ETF has delivered modest returns since October, outperforming expectations due to the U.S. economy's solid growth. However, a comparison against peers shows VRIG has underperformed, with higher credit risk, but lower returns compared to JAAA.

VRIG: There Are Better Alternatives

VRIG: Reasonable Pledge To Sill High Interest Rates

VRIG's moderate and stable returns could last for longer in this elevated interest rate environment. The expectations for a quick Fed's pivot dissipated amid the acceleration in US inflation, thus increasing the attractiveness of floaters. The fund could deliver another 5% return in the following 12-month period.

Zacks Investment Research

Floating Rate Bond ETF (VRIG) Hits New 52-Week High

For investors seeking momentum, Invesco Variable Rate Investment Grade ETF VRIG is probably on radar. The fund just hit a 52-week high and is up 2% from its 52-week low price of $24.76/share.

VRIG: For Those Expecting Higher For Longer

Invesco Variable Rate Investment Grade ETF offers stable income and low portfolio duration for investors concerned about an uncertain inflation outlook. VRIG primarily invests in high-grade variable rate instruments and has a current yield of 6.2%. The fund's holdings are diverse and predominantly consist of U.S. Treasury Floating Rate Notes and high-grade corporate bonds.

VRIG: Could Keep Delivering A 6.3% Yield Well Into 2024

VRIG is an actively managed fixed income ETF that invests primarily in high-grade variable rate instruments. Despite holding collateral with longer maturities, VRIG maintains a low duration profile due to its floating-rate nature, reducing sensitivity to interest rate changes. The fund's portfolio is diversified with a focus on high-grade bonds, treasuries, and securitization sectors to mitigate credit spread risk. Single issuer concentration is kept minimal.

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