VRP vs FHLC

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and FIDELITY MSCI HEALTH CARE INDEX ETF (FHLC, ETF).

5-Year PerformanceFHLC has outperformed VRP, delivering a return of +4.8% compared to +4.3%

VRP vs FHLC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	FHLC(ETF)
Net Assets	$2.90B	$3B
Expense Ratio	0.50%	0.08%
Max Drawdown	46.22%	29.21%
Sharpe Ratio	0.94	0.87
5Y Beta	0.15	0.52
P/E Ratio	N/A	37.68
Forward P/E	N/A	18.73
5Y Dividends CAGR	8.33%	4.05%
5Y EPS CAGR	N/A	12.54%
Debt to Equity	N/A	80.24%
P/S Ratio	N/A	1.93
P/B Ratio	N/A	4.95

Net Assets

VRP

$2.90B

Winner

FHLC

$3B

Expense Ratio

VRP

0.50%

Winner

FHLC

0.08%

Max Drawdown

VRP

46.22%

Winner

FHLC

29.21%

Sharpe Ratio

Winner

VRP

0.94

FHLC

0.87

5Y Beta

Winner

VRP

0.15

FHLC

0.52

P/E Ratio

VRP

N/A

FHLC

37.68

Forward P/E

VRP

N/A

FHLC

18.73

5Y Dividends CAGR

Winner

VRP

8.33%

FHLC

4.05%

5Y EPS CAGR

VRP

N/A

FHLC

12.54%

Debt to Equity

VRP

N/A

FHLC

80.24%

P/S Ratio

VRP

N/A

FHLC

1.93

P/B Ratio

VRP

N/A

FHLC

4.95

VRP vs FHLC - Historical Returns

Returns include dividend reinvestment.

Period	VRP	FHLC
1 month	+0.33%	+5.02%
3 months	+1.76%	+3.79%
6 months	+2.65%	+0.58%
1 year	+6.51%	+15.99%
5 years(CAGR)	+4.34%	+4.77%
10 years(CAGR)	+5.23%	+9.76%
Max(CAGR)	+5.09%	+10.46%

VRP

+0.33%

Winner

FHLC

+5.02%

VRP

+1.76%

Winner

FHLC

+3.79%

Winner

VRP

+2.65%

FHLC

+0.58%

VRP

+6.51%

Winner

FHLC

+15.99%

5Y(CAGR)

VRP

+4.34%

Winner

FHLC

+4.77%

10Y(CAGR)

VRP

+5.23%

Winner

FHLC

+9.76%

Max(CAGR)

VRP

+5.09%

Winner

FHLC

+10.46%

VRP vs FHLC - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	VRP	FHLC
2026	+1.98%	-0.34%
2025	+7.07%	+15.26%
2024	+11.29%	+0.95%
2023	+10.49%	+2.95%
2022	-9.00%	-4.85%
2021	+4.93%	+21.15%
2020	+4.79%	+18.06%
2019	+18.32%	+23.48%
2018	-6.37%	+3.45%
2017	+8.94%	+21.82%
2016	+6.93%	-1.38%
2015	+2.65%	+6.81%
2014	+1.81%	+25.83%
2013	N/A	+5.79%

VRP vs FHLC Drawdown Comparison

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

The maximum drawdown for FHLC was -28.74%, occurring on Mar 23, 2020. Recovery took 70 trading sessions.

The current VRP drawdown is -0.04%. The current FHLC drawdown is -3.15%.

Rank	VRP	FHLC
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-28.74% Feb 19, 2020 - May 29, 2020
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-20.41% Jul 20, 2015 - Jun 1, 2017
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-17.73% Dec 30, 2021 - Feb 5, 2024
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-17.02% Oct 1, 2018 - Nov 15, 2019
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-16.87% Sep 16, 2024 - Nov 12, 2025
#6	-4.26% Feb 28, 2025 - May 16, 2025	-12.08% Jan 26, 2018 - Aug 2, 2018
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-10.38% Jan 7, 2026 - Mar 27, 2026
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-8.26% Mar 4, 2014 - Jun 20, 2014
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-7.98% Sep 2, 2021 - Dec 23, 2021
#10	-1.72% Mar 22, 2024 - May 2, 2024	-7.87% Feb 12, 2021 - Apr 15, 2021
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-7.17% Sep 24, 2014 - Oct 24, 2014
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-6.65% Mar 28, 2024 - Jul 11, 2024
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-6.62% Jun 8, 2020 - Jul 14, 2020
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-6.58% Oct 12, 2020 - Nov 4, 2020
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-6.29% Sep 2, 2020 - Oct 8, 2020

Correlation

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

0.94

-101

Dividend Comparison (2013 - 2026)

VRP vs FHLC dividend yield comparison.

Year	VRP	FHLC
2026	2.00%	0.31%
2025	6.53%	1.40%
2024	5.78%	1.51%
2023	6.61%	1.40%
2022	5.38%	1.30%
2021	4.25%	1.16%
2020	4.17%	1.45%
2019	4.71%	1.18%
2018	5.28%	1.38%
2017	4.69%	1.38%
2016	5.10%	1.40%
2015	5.02%	2.07%
2014	3.04%	1.03%
2013	0.00%	0.20%