VRP vs PTY

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and PIMCO Corporate & Income Opportunity Fund (PTY, ETF).

5-Year PerformanceVRP has outperformed PTY, delivering a return of +4.5% compared to +0.9%

VRP vs PTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	PTY(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.50%	N/A
Max Drawdown	46.22%	69.69%
Sharpe Ratio	1.57	-0.38
5Y Beta	0.16	0.37
5Y Dividends CAGR	6.90%	-1.79%

Net Assets

VRP

$2.40B

PTY

$2.40B

Expense Ratio

VRP

0.50%

PTY

N/A

Max Drawdown

Winner

VRP

46.22%

PTY

69.69%

Sharpe Ratio

Winner

VRP

1.57

PTY

-0.38

5Y Beta

Winner

VRP

0.16

PTY

0.37

5Y Dividends CAGR

Winner

VRP

6.90%

PTY

-1.79%

VRP vs PTY - Historical Returns

Returns include dividend reinvestment.

Period	VRP	PTY
1 month	+0.71%	+0.98%
3 months	+0.89%	-3.02%
6 months	+2.61%	-4.68%
1 year	+8.40%	-0.87%
5 years(CAGR)	+4.46%	+0.91%
10 years(CAGR)	+5.46%	+9.01%
Max(CAGR)	+5.11%	+10.96%

VRP

+0.71%

Winner

PTY

+0.98%

Winner

VRP

+0.89%

PTY

-3.02%

Winner

VRP

+2.61%

PTY

-4.68%

Winner

VRP

+8.40%

PTY

-0.87%

5Y(CAGR)

Winner

VRP

+4.46%

PTY

+0.91%

10Y(CAGR)

VRP

+5.46%

Winner

PTY

+9.01%

Max(CAGR)

VRP

+5.11%

Winner

PTY

+10.96%

VRP vs PTY - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	VRP	PTY
2026	+1.68%	-0.92%
2025	+7.07%	-0.67%
2024	+11.29%	+18.80%
2023	+10.49%	+20.09%
2022	-9.00%	-19.88%
2021	+4.93%	+0.41%
2020	+4.79%	+3.32%
2019	+18.32%	+33.03%
2018	-6.37%	+2.18%
2017	+8.94%	+27.10%
2016	+6.93%	+17.50%
2015	+2.65%	-9.11%
2014	+1.81%	+2.07%
2013	N/A	+3.99%
2012	N/A	+28.59%
2011	N/A	+13.77%
2010	N/A	+38.58%
2009	N/A	+52.71%
2008	N/A	-15.60%
2007	N/A	-13.19%
2006	N/A	+12.83%
2005	N/A	+6.86%
2004	N/A	+18.02%
2003	N/A	+28.16%
2002	N/A	+0.00%

VRP vs PTY Drawdown Comparison

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

The maximum drawdown for PTY was -60.85%, occurring on Mar 9, 2009. Recovery took 571 trading sessions.

The current PTY drawdown is -10.14%.

Rank	VRP	PTY
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-60.85% May 7, 2007 - Aug 11, 2009
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-46.52% Feb 20, 2020 - Feb 5, 2021
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-41.34% Aug 11, 2021 - Sep 8, 2025
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-25.90% Mar 25, 2011 - Mar 1, 2012
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-23.24% Dec 4, 2014 - Aug 9, 2016
#6	-4.26% Feb 28, 2025 - May 16, 2025	-22.68% Jun 12, 2018 - Apr 1, 2019
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-21.99% May 8, 2013 - Feb 11, 2014
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-15.43% Oct 9, 2025 - Mar 27, 2026
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-15.02% Jan 21, 2004 - Aug 13, 2004
#10	-1.72% Mar 22, 2024 - May 2, 2024	-13.24% Feb 7, 2005 - Jun 8, 2005
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-12.51% Sep 9, 2014 - Nov 28, 2014
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-12.20% Nov 9, 2010 - Jan 14, 2011
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-10.79% Jun 13, 2003 - Oct 29, 2003
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-10.79% Sep 19, 2006 - May 2, 2007
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-10.46% Apr 23, 2010 - Jun 14, 2010

Correlation

Correlation between VRP and PTY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2003 - 2026)

VRP vs PTY dividend yield comparison.

Year	VRP	PTY
2026	1.63%	3.86%
2025	6.53%	11.05%
2024	5.78%	9.92%
2023	6.61%	10.77%
2022	5.38%	13.12%
2021	4.25%	9.16%
2020	4.17%	8.74%
2019	4.71%	8.37%
2018	5.28%	10.63%
2017	4.69%	9.48%
2016	5.10%	12.09%
2015	5.02%	11.92%
2014	3.04%	13.90%
2013	0.00%	19.70%
2012	0.00%	12.98%
2011	0.00%	11.92%
2010	0.00%	12.20%
2009	0.00%	13.61%
2008	0.00%	13.19%
2007	0.00%	10.26%
2006	0.00%	11.10%
2005	0.00%	10.12%
2004	0.00%	12.94%
2003	0.00%	10.80%