PWV vs VRIG

Comparison between INVESCO LARGE CAP VALUE ETF (PWV, ETF) and INVESCO VARIABLE RATE INVESTMENT GRADE ETF (VRIG, ETF).

5-Year PerformancePWV has outperformed VRIG, delivering a return of +12.4% compared to +4.4%

PWV vs VRIG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PWV(ETF)	VRIG(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.55%	0.30%
Max Drawdown	50.70%	14.33%
Sharpe Ratio	2.09	3.03
5Y Beta	0.64	0.01
P/E Ratio	16.19	N/A
Forward P/E	13.39	N/A
PEG Ratio	0.28	N/A
5Y Dividends CAGR	7.51%	33.90%
5Y EPS CAGR	10.49%	N/A
Debt to Equity	57.25%	N/A
P/S Ratio	1.39	N/A
P/B Ratio	2.27	N/A

Net Assets

PWV

$1.50B

VRIG

$1.50B

Expense Ratio

PWV

0.55%

Winner

VRIG

0.30%

Max Drawdown

PWV

50.70%

Winner

VRIG

14.33%

Sharpe Ratio

PWV

2.09

Winner

VRIG

3.03

5Y Beta

PWV

0.64

Winner

VRIG

0.01

P/E Ratio

PWV

16.19

VRIG

N/A

Forward P/E

PWV

13.39

VRIG

N/A

PEG Ratio

PWV

0.28

VRIG

N/A

5Y Dividends CAGR

PWV

7.51%

Winner

VRIG

33.90%

5Y EPS CAGR

PWV

10.49%

VRIG

N/A

Debt to Equity

PWV

57.25%

VRIG

N/A

P/S Ratio

PWV

1.39

VRIG

N/A

P/B Ratio

PWV

2.27

VRIG

N/A

PWV vs VRIG - Historical Returns

Returns include dividend reinvestment.

Period	PWV	VRIG
1 month	+1.84%	+0.47%
3 months	+3.18%	+0.91%
6 months	+10.37%	+2.22%
1 year	+23.89%	+5.16%
5 years(CAGR)	+12.40%	+4.38%
10 years(CAGR)	+11.79%	+3.44%
Max(CAGR)	+10.10%	+3.44%

Winner

PWV

+1.84%

VRIG

+0.47%

Winner

PWV

+3.18%

VRIG

+0.91%

Winner

PWV

+10.37%

VRIG

+2.22%

Winner

PWV

+23.89%

VRIG

+5.16%

5Y(CAGR)

Winner

PWV

+12.40%

VRIG

+4.38%

10Y(CAGR)

Winner

PWV

+11.79%

VRIG

+3.44%

Max(CAGR)

Winner

PWV

+10.10%

VRIG

+3.44%

PWV vs VRIG - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	PWV	VRIG
2026	+8.78%	+1.51%
2025	+19.47%	+5.03%
2024	+13.95%	+6.81%
2023	+10.50%	+7.30%
2022	-1.98%	+0.99%
2021	+30.66%	+1.14%
2020	-4.55%	+1.63%
2019	+29.16%	+4.52%
2018	-14.36%	+0.43%
2017	+16.04%	+3.19%
2016	+20.43%	+0.56%
2015	-4.84%	N/A
2014	+13.32%	N/A
2013	+29.72%	N/A
2012	+14.97%	N/A
2011	+5.30%	N/A
2010	+12.02%	N/A
2009	+15.26%	N/A
2008	-26.06%	N/A
2007	+5.32%	N/A
2006	+22.45%	N/A
2005	+8.65%	N/A

PWV vs VRIG Drawdown Comparison

The maximum drawdown for PWV was -49.06%, occurring on Mar 9, 2009. Recovery took 648 trading sessions.

The maximum drawdown for VRIG was -13.04%, occurring on Mar 26, 2020. Recovery took 129 trading sessions.

The current PWV drawdown is -1.47%.

Rank	PWV	VRIG
#1	-49.06% Oct 9, 2007 - May 6, 2010	-13.04% Feb 19, 2020 - Aug 21, 2020
#2	-45.10% May 6, 2010 - Jul 18, 2013	-2.28% Jan 21, 2022 - Sep 22, 2022
#3	-37.64% Feb 12, 2020 - Feb 23, 2021	-1.40% Mar 6, 2023 - Apr 18, 2023
#4	-22.24% Jan 26, 2018 - Oct 25, 2019	-1.38% Nov 14, 2018 - Feb 20, 2019
#5	-16.38% Jan 11, 2022 - Jul 31, 2023	-0.78% Mar 31, 2025 - Apr 29, 2025
#6	-15.12% May 21, 2015 - Jul 8, 2016	-0.73% Sep 22, 2022 - Dec 5, 2022
#7	-14.32% Nov 29, 2024 - Jun 23, 2025	-0.47% May 5, 2017 - Jul 14, 2017
#8	-10.45% Jun 4, 2007 - Oct 5, 2007	-0.44% Jan 26, 2018 - Feb 23, 2018
#9	-9.27% Jul 31, 2023 - Dec 1, 2023	-0.36% Apr 18, 2018 - May 29, 2018
#10	-8.72% Sep 19, 2014 - Nov 18, 2014	-0.31% Mar 14, 2018 - Apr 3, 2018
#11	-6.53% Jan 15, 2014 - Mar 6, 2014	-0.29% Sep 18, 2020 - Nov 9, 2020
#12	-6.46% May 5, 2006 - Jul 28, 2006	-0.28% Jan 13, 2017 - Feb 13, 2017
#13	-6.25% Jun 4, 2021 - Aug 12, 2021	-0.26% Nov 14, 2017 - Dec 21, 2017
#14	-6.24% Feb 15, 2007 - Apr 16, 2007	-0.24% Dec 6, 2019 - Dec 11, 2019
#15	-6.21% Jul 17, 2024 - Aug 23, 2024	-0.22% Oct 18, 2017 - Nov 1, 2017

Correlation

Correlation between PWV and VRIG is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2005 - 2026)

PWV vs VRIG dividend yield comparison.

Year	PWV	VRIG
2026	0.47%	1.50%
2025	2.12%	4.99%
2024	2.08%	6.09%
2023	2.16%	5.97%
2022	2.29%	2.39%
2021	1.89%	0.78%
2020	2.66%	1.57%
2019	2.24%	3.13%
2018	2.34%	2.89%
2017	1.55%	2.31%
2016	2.35%	0.60%
2015	2.42%	0.00%
2014	1.93%	0.00%
2013	1.82%	0.00%
2012	2.41%	0.00%
2011	2.21%	0.00%
2010	2.24%	0.00%
2009	2.19%	0.00%
2008	2.81%	0.00%
2007	2.28%	0.00%
2006	1.35%	0.00%
2005	1.28%	0.00%