VRIG vs PJAN

Comparison between INVESCO VARIABLE RATE INVESTMENT GRADE ETF (VRIG, ETF) and Innovator U.S. Equity Power Buffer ETF - January (PJAN, ETF).

5-Year PerformancePJAN has outperformed VRIG, delivering a return of +8.7% compared to +4.5%

VRIG vs PJAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRIG(ETF)	PJAN(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.30%	0.79%
Max Drawdown	14.33%	21.25%
Sharpe Ratio	2.17	1.65
5Y Beta	0.01	0.46
5Y Dividends CAGR	39.27%	N/A

Net Assets

VRIG

$1.50B

PJAN

$1.50B

Expense Ratio

Winner

VRIG

0.30%

PJAN

0.79%

Max Drawdown

Winner

VRIG

14.33%

PJAN

21.25%

Sharpe Ratio

Winner

VRIG

2.17

PJAN

1.65

5Y Beta

Winner

VRIG

0.01

PJAN

0.46

5Y Dividends CAGR

VRIG

39.27%

PJAN

N/A

VRIG vs PJAN - Historical Returns

Returns include dividend reinvestment.

Period	VRIG	PJAN
1 month	+0.39%	-0.04%
3 months	+1.13%	+6.27%
6 months	+2.20%	+4.91%
1 year	+4.90%	+13.40%
5 years(CAGR)	+4.47%	+8.72%
10 years(CAGR)	+3.46%	N/A
Max(CAGR)	+3.46%	+9.31%

Winner

VRIG

+0.39%

PJAN

-0.04%

VRIG

+1.13%

Winner

PJAN

+6.27%

VRIG

+2.20%

Winner

PJAN

+4.91%

VRIG

+4.90%

Winner

PJAN

+13.40%

5Y(CAGR)

VRIG

+4.47%

Winner

PJAN

+8.72%

10Y(CAGR)

VRIG

+3.46%

PJAN

N/A

Max(CAGR)

VRIG

+3.46%

Winner

PJAN

+9.31%

VRIG vs PJAN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	VRIG	PJAN
2026	+2.04%	+4.64%
2025	+5.03%	+11.40%
2024	+6.81%	+13.70%
2023	+7.30%	+18.18%
2022	+0.99%	-5.52%
2021	+1.14%	+9.55%
2020	+1.63%	+7.34%
2019	+4.52%	+12.34%
2018	+0.43%	N/A
2017	+3.19%	N/A
2016	+0.56%	N/A

VRIG vs PJAN Drawdown Comparison

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

The maximum drawdown for PJAN was -21.25%, occurring on Mar 23, 2020. Recovery took 117 trading sessions.

The current PJAN drawdown is -0.87%.

Rank	VRIG	PJAN
#1	-13.04% Feb 19, 2020 - Aug 21, 2020	-21.25% Feb 19, 2020 - Aug 5, 2020
#2	-2.28% Jan 21, 2022 - Sep 22, 2022	-11.93% Jan 3, 2022 - Apr 13, 2023
#3	-1.40% Mar 6, 2023 - Apr 18, 2023	-10.49% Feb 19, 2025 - Jun 10, 2025
#4	-1.38% Nov 14, 2018 - Feb 20, 2019	-5.51% Sep 14, 2023 - Nov 13, 2023
#5	-0.78% Mar 31, 2025 - Apr 29, 2025	-4.63% Jan 28, 2026 - Apr 13, 2026
#6	-0.73% Sep 22, 2022 - Dec 5, 2022	-3.34% Jul 16, 2024 - Aug 16, 2024
#7	-0.47% May 5, 2017 - Jul 14, 2017	-3.25% Oct 12, 2020 - Nov 6, 2020
#8	-0.44% Jan 26, 2018 - Feb 23, 2018	-2.37% Aug 26, 2020 - Oct 8, 2020
#9	-0.36% Apr 18, 2018 - May 29, 2018	-2.33% Mar 28, 2024 - May 7, 2024
#10	-0.31% Mar 14, 2018 - Apr 3, 2018	-2.28% Apr 30, 2019 - Jun 18, 2019
#11	-0.29% Sep 18, 2020 - Nov 9, 2020	-2.13% Jan 20, 2021 - Feb 4, 2021
#12	-0.28% Jan 13, 2017 - Feb 13, 2017	-2.05% Jul 26, 2019 - Sep 11, 2019
#13	-0.26% Nov 14, 2017 - Dec 21, 2017	-1.69% Jul 31, 2023 - Aug 30, 2023
#14	-0.24% Dec 6, 2019 - Dec 11, 2019	-1.59% Jun 2, 2026 - Jun 15, 2026
#15	-0.22% Oct 18, 2017 - Nov 1, 2017	-1.58% May 7, 2021 - May 26, 2021