VRP vs SPYX

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and STATE STREET(R) SPDR(R) S&P 500(R) FOSSIL FUEL RESERVES FREE ETF (SPYX, ETF).

5-Year PerformanceSPYX has outperformed VRP, delivering a return of +12.9% compared to +4.4%

VRP vs SPYX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	SPYX(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.50%	0.20%
Max Drawdown	46.22%	33.23%
Sharpe Ratio	1.05	1.53
5Y Beta	0.15	0.99
P/E Ratio	N/A	29.74
Forward P/E	N/A	22.87
5Y Dividends CAGR	8.33%	4.43%
5Y EPS CAGR	N/A	28.84%
Debt to Equity	N/A	40.55%
P/S Ratio	N/A	3.74
P/B Ratio	N/A	5.85

Net Assets

VRP

$2.60B

SPYX

$2.60B

Expense Ratio

VRP

0.50%

Winner

SPYX

0.20%

Max Drawdown

VRP

46.22%

Winner

SPYX

33.23%

Sharpe Ratio

VRP

1.05

Winner

SPYX

1.53

5Y Beta

Winner

VRP

0.15

SPYX

0.99

P/E Ratio

VRP

N/A

SPYX

29.74

Forward P/E

VRP

N/A

SPYX

22.87

5Y Dividends CAGR

Winner

VRP

8.33%

SPYX

4.43%

5Y EPS CAGR

VRP

N/A

SPYX

28.84%

Debt to Equity

VRP

N/A

SPYX

40.55%

P/S Ratio

VRP

N/A

SPYX

3.74

P/B Ratio

VRP

N/A

SPYX

5.85

VRP vs SPYX - Historical Returns

Returns include dividend reinvestment.

Period	VRP	SPYX
1 month	+0.50%	+2.01%
3 months	+0.88%	+8.38%
6 months	+2.52%	+7.37%
1 year	+6.78%	+24.92%
5 years(CAGR)	+4.35%	+12.91%
10 years(CAGR)	+5.21%	+15.27%
Max(CAGR)	+5.09%	+14.57%

VRP

+0.50%

Winner

SPYX

+2.01%

VRP

+0.88%

Winner

SPYX

+8.38%

VRP

+2.52%

Winner

SPYX

+7.37%

VRP

+6.78%

Winner

SPYX

+24.92%

5Y(CAGR)

VRP

+4.35%

Winner

SPYX

+12.91%

10Y(CAGR)

VRP

+5.21%

Winner

SPYX

+15.27%

Max(CAGR)

VRP

+5.09%

Winner

SPYX

+14.57%

VRP vs SPYX - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	VRP	SPYX
2026	+1.81%	+7.57%
2025	+7.07%	+18.23%
2024	+11.29%	+26.04%
2023	+10.49%	+27.44%
2022	-9.00%	-19.97%
2021	+4.93%	+30.12%
2020	+4.79%	+18.84%
2019	+18.32%	+31.63%
2018	-6.37%	-4.86%
2017	+8.94%	+22.61%
2016	+6.93%	+12.60%
2015	+2.65%	-2.02%
2014	+1.81%	N/A

VRP vs SPYX Drawdown Comparison

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

The maximum drawdown for SPYX was -32.83%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The current VRP drawdown is -0.21%. The current SPYX drawdown is -2.90%.

Rank	VRP	SPYX
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-32.83% Feb 19, 2020 - Aug 6, 2020
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-26.15% Dec 29, 2021 - Dec 14, 2023
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-19.19% Sep 20, 2018 - Apr 12, 2019
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-18.74% Feb 19, 2025 - Jun 26, 2025
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-12.46% Dec 1, 2015 - Apr 19, 2016
#6	-4.26% Feb 28, 2025 - May 16, 2025	-9.84% Jan 12, 2026 - Apr 15, 2026
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-9.67% Jan 26, 2018 - Jul 25, 2018
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-9.55% Sep 2, 2020 - Nov 11, 2020
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-8.45% Jul 16, 2024 - Sep 19, 2024
#10	-1.72% Mar 22, 2024 - May 2, 2024	-7.14% May 3, 2019 - Jun 20, 2019
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-6.19% Jul 26, 2019 - Oct 21, 2019
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-5.71% Jun 8, 2016 - Jul 8, 2016
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-5.57% Sep 3, 2021 - Oct 25, 2021
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-5.44% Mar 28, 2024 - May 15, 2024
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-5.17% Oct 28, 2025 - Dec 11, 2025

Correlation

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

0.98

-101

Dividend Comparison (2014 - 2026)

VRP vs SPYX dividend yield comparison.

Year	VRP	SPYX
2026	2.00%	0.22%
2025	6.53%	0.91%
2024	5.78%	1.05%
2023	6.61%	1.21%
2022	5.38%	1.41%
2021	4.25%	1.04%
2020	4.17%	1.33%
2019	4.71%	1.56%
2018	5.28%	1.92%
2017	4.69%	1.68%
2016	5.10%	1.91%
2015	5.02%	0.16%
2014	3.04%	0.00%