VRP vs CQQQ

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and INVESCO CHINA TECHNOLOGY ETF (CQQQ, ETF).

5-Year PerformanceVRP has outperformed CQQQ, delivering a return of +4.5% compared to -5.8%

VRP vs CQQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	CQQQ(ETF)
Net Assets	$2.60B	$2.70B
Expense Ratio	0.50%	0.65%
Max Drawdown	46.22%	74.15%
Sharpe Ratio	1.56	0.91
5Y Beta	0.16	0.89
5Y Dividends CAGR	6.90%	25.89%

Net Assets

VRP

$2.60B

Winner

CQQQ

$2.70B

Expense Ratio

Winner

VRP

0.50%

CQQQ

0.65%

Max Drawdown

Winner

VRP

46.22%

CQQQ

74.15%

Sharpe Ratio

Winner

VRP

1.56

CQQQ

0.91

5Y Beta

Winner

VRP

0.16

CQQQ

0.89

5Y Dividends CAGR

VRP

6.90%

Winner

CQQQ

25.89%

VRP vs CQQQ - Historical Returns

Returns include dividend reinvestment.

Period	VRP	CQQQ
1 month	+0.54%	+14.95%
3 months	+0.76%	+1.50%
6 months	+2.49%	+1.05%
1 year	+7.86%	+25.48%
5 years(CAGR)	+4.53%	-5.78%
10 years(CAGR)	+5.43%	+6.07%
Max(CAGR)	+5.11%	+5.90%

VRP

+0.54%

Winner

CQQQ

+14.95%

VRP

+0.76%

Winner

CQQQ

+1.50%

Winner

VRP

+2.49%

CQQQ

+1.05%

VRP

+7.86%

Winner

CQQQ

+25.48%

5Y(CAGR)

Winner

VRP

+4.53%

CQQQ

-5.78%

10Y(CAGR)

VRP

+5.43%

Winner

CQQQ

+6.07%

Max(CAGR)

VRP

+5.11%

Winner

CQQQ

+5.90%

VRP vs CQQQ - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	VRP	CQQQ
2026	+1.73%	+0.77%
2025	+7.07%	+38.47%
2024	+11.29%	+13.15%
2023	+10.49%	-20.50%
2022	-9.00%	-29.95%
2021	+4.93%	-25.23%
2020	+4.79%	+49.54%
2019	+18.32%	+33.47%
2018	-6.37%	-37.28%
2017	+8.94%	+72.46%
2016	+6.93%	+3.44%
2015	+2.65%	+6.25%
2014	+1.81%	-1.04%
2013	N/A	+54.39%
2012	N/A	+8.40%
2011	N/A	-25.11%
2010	N/A	+3.59%
2009	N/A	+3.24%

VRP vs CQQQ Drawdown Comparison

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

The maximum drawdown for CQQQ was -73.98%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The current CQQQ drawdown is -47.79%.

Rank	VRP	CQQQ
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-73.98% Feb 16, 2021 - Feb 2, 2024
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-43.04% Jan 26, 2018 - Jul 6, 2020
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-41.76% Apr 20, 2011 - Sep 10, 2013
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-38.76% May 19, 2015 - Apr 28, 2017
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-21.93% Mar 6, 2014 - Apr 2, 2015
#6	-4.26% Feb 28, 2025 - May 16, 2025	-18.66% Apr 9, 2010 - Oct 18, 2010
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-14.19% Jan 14, 2010 - Mar 17, 2010
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-13.59% Nov 22, 2017 - Jan 26, 2018
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-10.09% Jan 22, 2014 - Mar 4, 2014
#10	-1.72% Mar 22, 2024 - May 2, 2024	-9.29% Jul 9, 2020 - Oct 12, 2020
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-8.94% Oct 21, 2013 - Dec 31, 2013
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-8.07% Feb 17, 2011 - Apr 4, 2011
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-7.04% Nov 8, 2010 - Jan 13, 2011
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-6.56% Jan 25, 2021 - Feb 8, 2021
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-5.62% Sep 18, 2017 - Oct 3, 2017

Correlation

Correlation between VRP and CQQQ is 0.32 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.32

-101

Dividend Comparison (2010 - 2026)

VRP vs CQQQ dividend yield comparison.

Year	VRP	CQQQ
2026	1.63%	0.00%
2025	6.53%	2.17%
2024	5.78%	0.28%
2023	6.61%	0.55%
2022	5.38%	0.08%
2021	4.25%	0.00%
2020	4.17%	0.47%
2019	4.71%	0.01%
2018	5.28%	0.43%
2017	4.69%	1.41%
2016	5.10%	1.69%
2015	5.02%	1.77%
2014	3.04%	1.00%
2013	0.00%	0.79%
2012	0.00%	1.91%
2011	0.00%	2.77%
2010	0.00%	0.48%