SPYX vs VRP

Comparison between STATE STREET(R) SPDR(R) S&P 500(R) FOSSIL FUEL RESERVES FREE ETF (SPYX, ETF) and INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF).

5-Year PerformanceSPYX has outperformed VRP, delivering a return of +13.1% compared to +4.4%

SPYX vs VRP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPYX(ETF)	VRP(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	0.20%	0.50%
Max Drawdown	33.23%	46.22%
Sharpe Ratio	1.45	0.91
5Y Beta	0.99	0.15
P/E Ratio	27.87	N/A
Forward P/E	22.36	N/A
5Y Dividends CAGR	4.43%	8.33%
5Y EPS CAGR	25.10%	N/A
Debt to Equity	31.09%	N/A
P/S Ratio	3.69	N/A
P/B Ratio	5.67	N/A

Net Assets

SPYX

$2.80B

Winner

VRP

$2.90B

Expense Ratio

Winner

SPYX

0.20%

VRP

0.50%

Max Drawdown

Winner

SPYX

33.23%

VRP

46.22%

Sharpe Ratio

Winner

SPYX

1.45

VRP

0.91

5Y Beta

SPYX

0.99

Winner

VRP

0.15

P/E Ratio

SPYX

27.87

VRP

N/A

Forward P/E

SPYX

22.36

VRP

N/A

5Y Dividends CAGR

SPYX

4.43%

Winner

VRP

8.33%

5Y EPS CAGR

SPYX

25.10%

VRP

N/A

Debt to Equity

SPYX

31.09%

VRP

N/A

P/S Ratio

SPYX

3.69

VRP

N/A

P/B Ratio

SPYX

5.67

VRP

N/A

SPYX vs VRP - Historical Returns

Returns include dividend reinvestment.

Period	SPYX	VRP
1 month	+0.46%	+0.66%
3 months	+10.94%	+1.55%
6 months	+10.25%	+2.61%
1 year	+24.88%	+6.60%
5 years(CAGR)	+13.05%	+4.36%
10 years(CAGR)	+15.52%	+5.25%
Max(CAGR)	+14.58%	+5.10%

SPYX

+0.46%

Winner

VRP

+0.66%

Winner

SPYX

+10.94%

VRP

+1.55%

Winner

SPYX

+10.25%

VRP

+2.61%

Winner

SPYX

+24.88%

VRP

+6.60%

5Y(CAGR)

Winner

SPYX

+13.05%

VRP

+4.36%

10Y(CAGR)

Winner

SPYX

+15.52%

VRP

+5.25%

Max(CAGR)

Winner

SPYX

+14.58%

VRP

+5.10%

SPYX vs VRP - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	SPYX	VRP
2026	+8.10%	+2.06%
2025	+18.23%	+7.07%
2024	+26.04%	+11.29%
2023	+27.44%	+10.49%
2022	-19.97%	-9.00%
2021	+30.12%	+4.93%
2020	+18.84%	+4.79%
2019	+31.63%	+18.32%
2018	-4.86%	-6.37%
2017	+22.61%	+8.94%
2016	+12.60%	+6.93%
2015	-2.02%	+2.65%
2014	N/A	+1.81%

SPYX vs VRP Drawdown Comparison

The maximum drawdown for SPYX was -32.83%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

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

The current SPYX drawdown is -2.41%. The current VRP drawdown is -0.08%.

Rank	SPYX	VRP
#1	-32.83% Feb 19, 2020 - Aug 6, 2020	-46.04% Feb 12, 2020 - Nov 16, 2020
#2	-26.15% Dec 29, 2021 - Dec 14, 2023	-13.76% Sep 22, 2021 - Jan 10, 2024
#3	-19.19% Sep 20, 2018 - Apr 12, 2019	-9.04% Aug 31, 2018 - Mar 1, 2019
#4	-18.74% Feb 19, 2025 - Jun 26, 2025	-7.54% Apr 24, 2015 - Apr 22, 2016
#5	-12.46% Dec 1, 2015 - Apr 19, 2016	-5.38% Sep 6, 2016 - Feb 7, 2017
#6	-9.84% Jan 12, 2026 - Apr 15, 2026	-4.26% Feb 28, 2025 - May 16, 2025
#7	-9.67% Jan 26, 2018 - Jul 25, 2018	-2.89% Feb 24, 2026 - Apr 20, 2026
#8	-9.55% Sep 2, 2020 - Nov 11, 2020	-2.43% Oct 23, 2017 - Aug 31, 2018
#9	-8.45% Jul 16, 2024 - Sep 19, 2024	-1.88% Jul 18, 2024 - Aug 15, 2024
#10	-7.14% May 3, 2019 - Jun 20, 2019	-1.72% Mar 22, 2024 - May 2, 2024
#11	-6.19% Jul 26, 2019 - Oct 21, 2019	-1.71% Aug 29, 2014 - Jan 26, 2015
#12	-5.71% Jun 8, 2016 - Jul 8, 2016	-1.67% Feb 9, 2021 - Mar 31, 2021
#13	-5.57% Sep 3, 2021 - Oct 25, 2021	-1.55% Jan 3, 2025 - Feb 5, 2025
#14	-5.44% Mar 28, 2024 - May 15, 2024	-1.41% Feb 27, 2017 - Mar 30, 2017
#15	-5.17% Oct 28, 2025 - Dec 11, 2025	-1.41% Aug 3, 2017 - Oct 23, 2017

Correlation

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

0.98

-101

Dividend Comparison (2014 - 2026)

SPYX vs VRP dividend yield comparison.

Year	SPYX	VRP
2026	0.21%	2.00%
2025	0.91%	6.53%
2024	1.05%	5.78%
2023	1.21%	6.61%
2022	1.41%	5.38%
2021	1.04%	4.25%
2020	1.33%	4.17%
2019	1.56%	4.71%
2018	1.92%	5.28%
2017	1.68%	4.69%
2016	1.91%	5.10%
2015	0.16%	5.02%
2014	0.00%	3.04%