PTY vs VRP

Comparison between PIMCO Corporate & Income Opportunity Fund (PTY, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceVRP has outperformed PTY, delivering a return of +4.5% compared to +0.9%

PTY vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PTY(ETF)	VRP(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	N/A	0.50%
Max Drawdown	69.69%	46.22%
Sharpe Ratio	-0.38	1.57
5Y Beta	0.37	0.16
5Y Dividends CAGR	-1.79%	6.90%

Net Assets

PTY

$2.40B

VRP

$2.40B

Expense Ratio

PTY

N/A

VRP

0.50%

Max Drawdown

PTY

69.69%

Winner

VRP

46.22%

Sharpe Ratio

PTY

-0.38

Winner

VRP

1.57

5Y Beta

PTY

0.37

Winner

VRP

0.16

5Y Dividends CAGR

PTY

-1.79%

Winner

VRP

6.90%

PTY vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	PTY	VRP
1 month	+0.98%	+0.71%
3 months	-3.02%	+0.89%
6 months	-4.68%	+2.61%
1 year	-0.87%	+8.40%
5 years(CAGR)	+0.91%	+4.46%
10 years(CAGR)	+9.01%	+5.46%
Max(CAGR)	+10.96%	+5.11%

Winner

PTY

+0.98%

VRP

+0.71%

PTY

-3.02%

Winner

VRP

+0.89%

PTY

-4.68%

Winner

VRP

+2.61%

PTY

-0.87%

Winner

VRP

+8.40%

5Y(CAGR)

PTY

+0.91%

Winner

VRP

+4.46%

10Y(CAGR)

Winner

PTY

+9.01%

VRP

+5.46%

Max(CAGR)

Winner

PTY

+10.96%

VRP

+5.11%

PTY vs VRP - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	PTY	VRP
2026	-0.92%	+1.68%
2025	-0.67%	+7.07%
2024	+18.80%	+11.29%
2023	+20.09%	+10.49%
2022	-19.88%	-9.00%
2021	+0.41%	+4.93%
2020	+3.32%	+4.79%
2019	+33.03%	+18.32%
2018	+2.18%	-6.37%
2017	+27.10%	+8.94%
2016	+17.50%	+6.93%
2015	-9.11%	+2.65%
2014	+2.07%	+1.81%
2013	+3.99%	N/A
2012	+28.59%	N/A
2011	+13.77%	N/A
2010	+38.58%	N/A
2009	+52.71%	N/A
2008	-15.60%	N/A
2007	-13.19%	N/A
2006	+12.83%	N/A
2005	+6.86%	N/A
2004	+18.02%	N/A
2003	+28.16%	N/A
2002	+0.00%	N/A

PTY vs VRP Drawdown Comparison

The maximum drawdown for PTY was -60.85%, occurring on Mar 9, 2009. Recovery took 571 trading sessions.

The maximum drawdown for VRP was -46.04%, occurring on Mar 18, 2020. Recovery took 193 trading sessions.

The current PTY drawdown is -10.14%.

Rank	PTY	VRP
#1	-60.85% May 7, 2007 - Aug 11, 2009	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-46.52% Feb 20, 2020 - Feb 5, 2021	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-41.34% Aug 11, 2021 - Sep 8, 2025	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-25.90% Mar 25, 2011 - Mar 1, 2012	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-23.24% Dec 4, 2014 - Aug 9, 2016	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-22.68% Jun 12, 2018 - Apr 1, 2019	-4.26% Feb 28, 2025 - May 16, 2025
#7	-21.99% May 8, 2013 - Feb 11, 2014	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-15.43% Oct 9, 2025 - Mar 27, 2026	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-15.02% Jan 21, 2004 - Aug 13, 2004	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-13.24% Feb 7, 2005 - Jun 8, 2005	-1.72% Mar 22, 2024 - May 2, 2024
#11	-12.51% Sep 9, 2014 - Nov 28, 2014	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-12.20% Nov 9, 2010 - Jan 14, 2011	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-10.79% Jun 13, 2003 - Oct 29, 2003	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-10.79% Sep 19, 2006 - May 2, 2007	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-10.46% Apr 23, 2010 - Jun 14, 2010	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

Correlation between PTY and VRP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2003 - 2026)

PTY vs VRP dividend yield comparison.

Year	PTY	VRP
2026	3.86%	1.63%
2025	11.05%	6.53%
2024	9.92%	5.78%
2023	10.77%	6.61%
2022	13.12%	5.38%
2021	9.16%	4.25%
2020	8.74%	4.17%
2019	8.37%	4.71%
2018	10.63%	5.28%
2017	9.48%	4.69%
2016	12.09%	5.10%
2015	11.92%	5.02%
2014	13.90%	3.04%
2013	19.70%	0.00%
2012	12.98%	0.00%
2011	11.92%	0.00%
2010	12.20%	0.00%
2009	13.61%	0.00%
2008	13.19%	0.00%
2007	10.26%	0.00%
2006	11.10%	0.00%
2005	10.12%	0.00%
2004	12.94%	0.00%
2003	10.80%	0.00%