VRP vs FWD

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and AB DISRUPTORS ETF (FWD, ETF).

VRP vs FWD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	FWD(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.50%	0.65%
Max Drawdown	46.22%	29.02%
Sharpe Ratio	0.94	1.97
5Y Beta	0.15	1.48
P/E Ratio	N/A	57.22
Forward P/E	N/A	26.26
PEG Ratio	N/A	0.66
5Y Dividends CAGR	8.33%	N/A
5Y EPS CAGR	N/A	17.90%
Debt to Equity	N/A	43.99%
P/S Ratio	N/A	6.50
P/B Ratio	N/A	9.60

Net Assets

VRP

$2.90B

FWD

$2.90B

Expense Ratio

Winner

VRP

0.50%

FWD

0.65%

Max Drawdown

VRP

46.22%

Winner

FWD

29.02%

Sharpe Ratio

VRP

0.94

Winner

FWD

1.97

5Y Beta

Winner

VRP

0.15

FWD

1.48

P/E Ratio

VRP

N/A

FWD

57.22

Forward P/E

VRP

N/A

FWD

26.26

PEG Ratio

VRP

N/A

FWD

0.66

5Y Dividends CAGR

VRP

8.33%

FWD

N/A

5Y EPS CAGR

VRP

N/A

FWD

17.90%

Debt to Equity

VRP

N/A

FWD

43.99%

P/S Ratio

VRP

N/A

FWD

6.50

P/B Ratio

VRP

N/A

FWD

9.60

VRP vs FWD - Historical Returns

Returns include dividend reinvestment.

Period	VRP	FWD
1 month	+0.33%	+4.75%
3 months	+1.76%	+27.31%
6 months	+2.65%	+34.78%
1 year	+6.51%	+66.52%
5 years(CAGR)	+4.34%	N/A
10 years(CAGR)	+5.23%	N/A
Max(CAGR)	+5.09%	+38.85%

VRP

+0.33%

Winner

FWD

+4.75%

VRP

+1.76%

Winner

FWD

+27.31%

VRP

+2.65%

Winner

FWD

+34.78%

VRP

+6.51%

Winner

FWD

+66.52%

5Y(CAGR)

VRP

+4.34%

FWD

N/A

10Y(CAGR)

VRP

+5.23%

FWD

N/A

Max(CAGR)

VRP

+5.09%

Winner

FWD

+38.85%

VRP vs FWD - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	VRP	FWD
2026	+1.98%	+31.42%
2025	+7.07%	+30.34%
2024	+11.29%	+32.20%
2023	+10.49%	+25.66%
2022	-9.00%	N/A
2021	+4.93%	N/A
2020	+4.79%	N/A
2019	+18.32%	N/A
2018	-6.37%	N/A
2017	+8.94%	N/A
2016	+6.93%	N/A
2015	+2.65%	N/A
2014	+1.81%	N/A

VRP vs FWD Drawdown Comparison

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

The maximum drawdown for FWD was -29.02%, occurring on Apr 4, 2025. Recovery took 106 trading sessions.

The current VRP drawdown is -0.04%. The current FWD drawdown is -4.32%.

Rank	VRP	FWD
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-29.02% Jan 23, 2025 - Jun 26, 2025
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-16.22% Jul 31, 2023 - Dec 12, 2023
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-13.31% Jul 10, 2024 - Oct 9, 2024
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-13.03% Feb 25, 2026 - Apr 10, 2026
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-12.02% Oct 29, 2025 - Jan 6, 2026
#6	-4.26% Feb 28, 2025 - May 16, 2025	-9.73% Jun 2, 2026 - Jun 10, 2026
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-9.18% Mar 7, 2024 - May 14, 2024
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-7.61% Jan 28, 2026 - Feb 24, 2026
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-6.99% Dec 6, 2024 - Jan 21, 2025
#10	-1.72% Mar 22, 2024 - May 2, 2024	-6.35% Mar 31, 2023 - May 22, 2023
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-5.42% Dec 28, 2023 - Jan 19, 2024
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-4.78% May 14, 2026 - May 22, 2026
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-4.63% Oct 8, 2025 - Oct 24, 2025
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-4.32% Jun 15, 2023 - Jul 12, 2023
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-4.16% Oct 14, 2024 - Nov 6, 2024

Correlation

Correlation between VRP and FWD is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2014 - 2026)

VRP vs FWD dividend yield comparison.

Year	VRP	FWD
2026	2.00%	0.00%
2025	6.53%	0.11%
2024	5.78%	1.89%
2023	6.61%	0.00%
2022	5.38%	0.00%
2021	4.25%	0.00%
2020	4.17%	0.00%
2019	4.71%	0.00%
2018	5.28%	0.00%
2017	4.69%	0.00%
2016	5.10%	0.00%
2015	5.02%	0.00%
2014	3.04%	0.00%