VRIG vs PDP

Comparison between INVESCO VARIABLE RATE INVESTMENT GRADE ETF (VRIG, ETF) and INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF).

5-Year PerformancePDP has outperformed VRIG, delivering a return of +11.3% compared to +4.5%

VRIG vs PDP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRIG(ETF)	PDP(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	0.30%	0.62%
Max Drawdown	14.33%	59.45%
Sharpe Ratio	2.17	1.49
5Y Beta	0.01	1.17
P/E Ratio	N/A	38.85
Forward P/E	N/A	26.56
5Y Dividends CAGR	39.27%	9.90%
5Y EPS CAGR	N/A	26.82%
Debt to Equity	N/A	55.90%
P/S Ratio	N/A	2.84
P/B Ratio	N/A	8.50

Net Assets

VRIG

$1.50B

Winner

PDP

$1.60B

Expense Ratio

Winner

VRIG

0.30%

PDP

0.62%

Max Drawdown

Winner

VRIG

14.33%

PDP

59.45%

Sharpe Ratio

Winner

VRIG

2.17

PDP

1.49

5Y Beta

Winner

VRIG

0.01

PDP

1.17

P/E Ratio

VRIG

N/A

PDP

38.85

Forward P/E

VRIG

N/A

PDP

26.56

5Y Dividends CAGR

Winner

VRIG

39.27%

PDP

9.90%

5Y EPS CAGR

VRIG

N/A

PDP

26.82%

Debt to Equity

VRIG

N/A

PDP

55.90%

P/S Ratio

VRIG

N/A

PDP

2.84

P/B Ratio

VRIG

N/A

PDP

8.50

VRIG vs PDP - Historical Returns

Returns include dividend reinvestment.

Period	VRIG	PDP
1 month	+0.39%	+6.30%
3 months	+1.13%	+21.60%
6 months	+2.20%	+24.23%
1 year	+4.90%	+40.33%
5 years(CAGR)	+4.47%	+11.35%
10 years(CAGR)	+3.46%	+13.82%
Max(CAGR)	+3.46%	+10.26%

VRIG

+0.39%

Winner

PDP

+6.30%

VRIG

+1.13%

Winner

PDP

+21.60%

VRIG

+2.20%

Winner

PDP

+24.23%

VRIG

+4.90%

Winner

PDP

+40.33%

5Y(CAGR)

VRIG

+4.47%

Winner

PDP

+11.35%

10Y(CAGR)

VRIG

+3.46%

Winner

PDP

+13.82%

Max(CAGR)

VRIG

+3.46%

Winner

PDP

+10.26%

VRIG vs PDP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	VRIG	PDP
2026	+2.04%	+25.46%
2025	+5.03%	+8.02%
2024	+6.81%	+28.47%
2023	+7.30%	+21.82%
2022	+0.99%	-23.37%
2021	+1.14%	+9.40%
2020	+1.63%	+35.79%
2019	+4.52%	+34.74%
2018	+0.43%	-6.40%
2017	+3.19%	+22.97%
2016	+0.56%	+4.62%
2015	N/A	+1.55%
2014	N/A	+13.29%
2013	N/A	+28.69%
2012	N/A	+17.82%
2011	N/A	+0.33%
2010	N/A	+24.50%
2009	N/A	+24.87%
2008	N/A	-45.65%
2007	N/A	+13.82%

VRIG vs PDP Drawdown Comparison

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

The maximum drawdown for PDP was -59.34%, occurring on Mar 9, 2009. Recovery took 1087 trading sessions.

The current PDP drawdown is -2.83%.

Rank	VRIG	PDP
#1	-13.04% Feb 19, 2020 - Aug 21, 2020	-59.34% Dec 10, 2007 - Apr 3, 2012
#2	-2.28% Jan 21, 2022 - Sep 22, 2022	-34.70% Feb 19, 2020 - Jul 17, 2020
#3	-1.40% Mar 6, 2023 - Apr 18, 2023	-33.92% Nov 8, 2021 - Jul 12, 2024
#4	-1.38% Nov 14, 2018 - Feb 20, 2019	-24.54% Sep 14, 2018 - Jun 10, 2019
#5	-0.78% Mar 31, 2025 - Apr 29, 2025	-23.79% Dec 4, 2024 - Sep 19, 2025
#6	-0.73% Sep 22, 2022 - Dec 5, 2022	-19.14% Mar 20, 2015 - Feb 9, 2017
#7	-0.47% May 5, 2017 - Jul 14, 2017	-13.91% Jul 13, 2007 - Oct 9, 2007
#8	-0.44% Jan 26, 2018 - Feb 23, 2018	-13.47% Feb 12, 2021 - Aug 5, 2021
#9	-0.36% Apr 18, 2018 - May 29, 2018	-11.87% Oct 29, 2025 - Jan 13, 2026
#10	-0.31% Mar 14, 2018 - Apr 3, 2018	-11.63% Feb 25, 2026 - Apr 10, 2026
#11	-0.29% Sep 18, 2020 - Nov 9, 2020	-9.80% May 2, 2012 - Sep 14, 2012
#12	-0.28% Jan 13, 2017 - Feb 13, 2017	-9.76% Sep 5, 2014 - Nov 3, 2014
#13	-0.26% Nov 14, 2017 - Dec 21, 2017	-9.59% Jul 16, 2024 - Sep 19, 2024
#14	-0.24% Dec 6, 2019 - Dec 11, 2019	-9.53% Jan 26, 2018 - May 30, 2018
#15	-0.22% Oct 18, 2017 - Nov 1, 2017	-8.91% Sep 2, 2020 - Oct 9, 2020

Correlation

Correlation between VRIG and PDP is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2007 - 2026)

VRIG vs PDP dividend yield comparison.

Year	VRIG	PDP
2026	2.24%	0.00%
2025	4.99%	0.17%
2024	6.09%	0.15%
2023	5.97%	0.42%
2022	2.39%	0.45%
2021	0.78%	0.00%
2020	1.57%	0.11%
2019	3.13%	0.25%
2018	2.89%	0.18%
2017	2.31%	0.28%
2016	0.60%	0.81%
2015	0.00%	0.39%
2014	0.00%	0.15%
2013	0.00%	0.28%
2012	0.00%	0.85%
2011	0.00%	0.16%
2010	0.00%	0.24%
2009	0.00%	0.54%
2008	0.00%	0.27%
2007	0.00%	0.09%