VRP vs TDTT

Comparison between INVESCO VARIABLE RATE PREFERRED ETF (VRP, ETF) and FLEXSHARES IBOXX 3-YEAR TARGET DURATION TIPS INDEX FUND (TDTT, ETF).

5-Year PerformanceVRP has outperformed TDTT, delivering a return of +4.5% compared to +2.9%

VRP vs TDTT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VRP(ETF)	TDTT(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.50%	0.18%
Max Drawdown	46.22%	14.05%
Sharpe Ratio	1.56	0.44
5Y Beta	0.16	-0.00
5Y Dividends CAGR	6.90%	28.36%

Net Assets

VRP

$2.60B

TDTT

$2.60B

Expense Ratio

VRP

0.50%

Winner

TDTT

0.18%

Max Drawdown

VRP

46.22%

Winner

TDTT

14.05%

Sharpe Ratio

Winner

VRP

1.56

TDTT

0.44

5Y Beta

VRP

0.16

Winner

TDTT

-0.00

5Y Dividends CAGR

VRP

6.90%

Winner

TDTT

28.36%

VRP vs TDTT - Historical Returns

Returns include dividend reinvestment.

Period	VRP	TDTT
1 month	+0.54%	+0.82%
3 months	+0.76%	+1.44%
6 months	+2.49%	+1.93%
1 year	+7.86%	+5.24%
5 years(CAGR)	+4.53%	+2.93%
10 years(CAGR)	+5.43%	+3.13%
Max(CAGR)	+5.11%	+2.23%

VRP

+0.54%

Winner

TDTT

+0.82%

VRP

+0.76%

Winner

TDTT

+1.44%

Winner

VRP

+2.49%

TDTT

+1.93%

Winner

VRP

+7.86%

TDTT

+5.24%

5Y(CAGR)

Winner

VRP

+4.53%

TDTT

+2.93%

10Y(CAGR)

Winner

VRP

+5.43%

TDTT

+3.13%

Max(CAGR)

Winner

VRP

+5.11%

TDTT

+2.23%

VRP vs TDTT - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	VRP	TDTT
2026	+1.73%	+1.95%
2025	+7.07%	+6.49%
2024	+11.29%	+4.00%
2023	+10.49%	+4.36%
2022	-9.00%	-4.64%
2021	+4.93%	+5.33%
2020	+4.79%	+6.71%
2019	+18.32%	+5.65%
2018	-6.37%	+0.21%
2017	+8.94%	+0.35%
2016	+6.93%	+2.76%
2015	+2.65%	-0.62%
2014	+1.81%	-1.92%
2013	N/A	-2.01%
2012	N/A	+2.81%
2011	N/A	+0.60%

VRP vs TDTT Drawdown Comparison

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

The maximum drawdown for TDTT was -6.95%, occurring on Sep 27, 2022. Recovery took 570 trading sessions.

The current TDTT drawdown is -0.02%.

Rank	VRP	TDTT
#1	-46.04% Feb 12, 2020 - Nov 16, 2020	-6.95% Mar 11, 2022 - Jun 18, 2024
#2	-13.76% Sep 22, 2021 - Jan 10, 2024	-6.62% Mar 3, 2020 - Jun 1, 2020
#3	-9.04% Aug 31, 2018 - Mar 1, 2019	-4.75% Sep 14, 2012 - Feb 22, 2019
#4	-7.54% Apr 24, 2015 - Apr 22, 2016	-2.59% Nov 17, 2021 - Mar 1, 2022
#5	-5.38% Sep 6, 2016 - Feb 7, 2017	-1.53% Sep 24, 2024 - Feb 3, 2025
#6	-4.26% Feb 28, 2025 - May 16, 2025	-1.51% Sep 28, 2011 - Oct 31, 2011
#7	-2.89% Feb 24, 2026 - Apr 20, 2026	-1.43% Nov 2, 2011 - Jan 26, 2012
#8	-2.43% Oct 23, 2017 - Aug 31, 2018	-1.42% Mar 16, 2012 - Aug 6, 2012
#9	-1.88% Jul 18, 2024 - Aug 15, 2024	-1.40% Apr 3, 2025 - Apr 28, 2025
#10	-1.72% Mar 22, 2024 - May 2, 2024	-1.16% Apr 30, 2025 - Jun 26, 2025
#11	-1.71% Aug 29, 2014 - Jan 26, 2015	-1.09% Aug 28, 2019 - Dec 13, 2019
#12	-1.67% Feb 9, 2021 - Mar 31, 2021	-0.97% May 17, 2021 - Jul 12, 2021
#13	-1.55% Jan 3, 2025 - Feb 5, 2025	-0.90% Mar 17, 2026 - Apr 13, 2026
#14	-1.41% Feb 27, 2017 - Mar 30, 2017	-0.90% Aug 6, 2012 - Sep 13, 2012
#15	-1.41% Aug 3, 2017 - Oct 23, 2017	-0.87% Feb 10, 2021 - Mar 2, 2021

Correlation

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

0.96

-101

Dividend Comparison (2011 - 2026)

VRP vs TDTT dividend yield comparison.

Year	VRP	TDTT
2026	1.63%	0.77%
2025	6.53%	4.52%
2024	5.78%	4.01%
2023	6.61%	3.88%
2022	5.38%	6.97%
2021	4.25%	4.53%
2020	4.17%	1.15%
2019	4.71%	1.91%
2018	5.28%	2.48%
2017	4.69%	1.88%
2016	5.10%	1.01%
2015	5.02%	0.00%
2014	3.04%	0.85%
2013	0.00%	0.19%
2012	0.00%	0.95%
2011	0.00%	0.27%