VRP vs SLQD

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and ISHARES 0-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF (SLQD, ETF).

5-Year PerformanceVRP has outperformed SLQD, delivering a return of +4.5% compared to +2.5%

VRP vs SLQD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	SLQD(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.50%	0.06%
Max Drawdown	46.22%	12.69%
Sharpe Ratio	1.57	0.73
5Y Beta	0.16	0.03
5Y Dividends CAGR	6.90%	16.24%

Net Assets

VRP

$2.40B

SLQD

$2.40B

Expense Ratio

VRP

0.50%

Winner

SLQD

0.06%

Max Drawdown

VRP

46.22%

Winner

SLQD

12.69%

Sharpe Ratio

Winner

VRP

1.57

SLQD

0.73

5Y Beta

VRP

0.16

Winner

SLQD

0.03

5Y Dividends CAGR

VRP

6.90%

Winner

SLQD

16.24%

VRP vs SLQD - Historical Returns

Returns include dividend reinvestment.

Period	VRP	SLQD
1 month	+0.71%	+0.30%
3 months	+0.89%	+0.30%
6 months	+2.61%	+1.63%
1 year	+8.40%	+5.00%
5 years(CAGR)	+4.46%	+2.53%
10 years(CAGR)	+5.46%	+2.66%
Max(CAGR)	+5.11%	+2.53%

Winner

VRP

+0.71%

SLQD

+0.30%

Winner

VRP

+0.89%

SLQD

+0.30%

Winner

VRP

+2.61%

SLQD

+1.63%

Winner

VRP

+8.40%

SLQD

+5.00%

5Y(CAGR)

Winner

VRP

+4.46%

SLQD

+2.53%

10Y(CAGR)

Winner

VRP

+5.46%

SLQD

+2.66%

Max(CAGR)

Winner

VRP

+5.11%

SLQD

+2.53%

VRP vs SLQD - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	VRP	SLQD
2026	+1.68%	+0.83%
2025	+7.07%	+6.23%
2024	+11.29%	+5.15%
2023	+10.49%	+5.87%
2022	-9.00%	-4.27%
2021	+4.93%	-0.53%
2020	+4.79%	+4.70%
2019	+18.32%	+6.05%
2018	-6.37%	+1.15%
2017	+8.94%	+2.17%
2016	+6.93%	+1.81%
2015	+2.65%	+1.23%
2014	+1.81%	+1.65%
2013	N/A	+0.49%

VRP vs SLQD Drawdown Comparison

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

The maximum drawdown for SLQD was -12.69%, occurring on Mar 19, 2020. Recovery took 53 trading sessions.

The current SLQD drawdown is -0.04%.

Rank	VRP	SLQD
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-12.69% Mar 4, 2020 - May 19, 2020
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-7.63% Aug 2, 2021 - Dec 20, 2023
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-1.52% Aug 24, 2016 - Apr 11, 2017
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-1.16% Sep 8, 2017 - Aug 13, 2018
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-1.06% Feb 27, 2026 - Mar 26, 2026
#6	-4.26% Feb 28, 2025 - May 16, 2025	-1.05% Oct 27, 2015 - Mar 16, 2016
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-0.96% Apr 15, 2015 - Oct 14, 2015
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-0.92% Apr 3, 2025 - Apr 25, 2025
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-0.87% Dec 31, 2020 - May 25, 2021
#10	-1.72% Mar 22, 2024 - May 2, 2024	-0.82% Sep 27, 2024 - Dec 6, 2024
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-0.77% Jan 30, 2015 - Mar 18, 2015
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-0.77% Oct 15, 2014 - Jan 9, 2015
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-0.76% Mar 27, 2024 - May 3, 2024
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-0.74% Sep 4, 2019 - Oct 1, 2019
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-0.67% Aug 19, 2014 - Oct 8, 2014

Correlation

Correlation between VRP and SLQD is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2013 - 2026)

VRP vs SLQD dividend yield comparison.

Year	VRP	SLQD
2026	1.63%	1.44%
2025	6.53%	4.15%
2024	5.78%	3.71%
2023	6.61%	2.99%
2022	5.38%	2.00%
2021	4.25%	1.67%
2020	4.17%	2.34%
2019	4.71%	2.89%
2018	5.28%	2.55%
2017	4.69%	1.98%
2016	5.10%	1.81%
2015	5.02%	1.43%
2014	3.04%	1.23%
2013	0.00%	0.23%