Invesco Variable Rate Etf Profile
| VRP Etf | USD 24.52 0.12 0.49% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Invesco Variable is selling at 24.52 as of the 30th of November 2024; that is 0.49 percent increase since the beginning of the trading day. The etf's last reported lowest price was 24.37. Invesco Variable has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Invesco Variable Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 90 percent of its total assets in the components of the index, as well as ADRs that represent securities in the index. Variable Rate is traded on NYSEARCA Exchange in the United States. More on Invesco Variable Rate
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Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Verona Pharma plc |
| Business Concentration | Preferred Stock ETFs, Strategy ETFs, Preferred Stock, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2014-04-28 |
| Benchmark | ICE Variable Rate Preferred & Hybrid Securities Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 294,377.9 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Preferred Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Jeffrey W. Kernagis, Richard Ose, Gary Jones, Philip Fang |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 617 |
| Market Maker | Virtu Financial |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 11.43 |
| Name | Invesco Variable Rate Preferred ETF |
| Currency Code | USD |
| Open Figi | BBG006F9S893 |
| In Threey Volatility | 7.99 |
| 1y Volatility | 4.21 |
| 200 Day M A | 24.0198 |
| 50 Day M A | 24.4629 |
| Code | VRP |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.02) |
Invesco Variable Rate [VRP] is traded in USA and was established 2014-05-01. The fund is classified under Preferred Stock category within Invesco family. The entity is thematically classified as Preferred Stock ETFs. Invesco Variable Rate at this time have 1.8 B in net assets. , while the total return for the last 3 years was 4.2%.
Check Invesco Variable Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Variable Rate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco Variable Rate Etf Constituents
| FITBI | Fifth Third Bancorp | Preferred Stock | Banks—Regional | |
| WTFCM | Wintrust Financial Corp | Preferred Stock | Banks—Regional | |
| VLYPP | Valley National Bancorp | Preferred Stock | Banks—Regional | |
| VLYPO | Valley National Bancorp | Preferred Stock | Banks—Regional | |
| ZIONO | Zions Bancorporation National | Preferred Stock | Banks—Regional | |
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| AGNCN | AGNC Investment Corp | Preferred Stock | REIT—Mortgage | |
| WTFCP | Wintrust Financial Corp | Preferred Stock | Banks—Regional |
Invesco Variable Top Holders
| BTSAX | Bts Managed Income | Mutual Fund | Nontraditional Bond | |
| IIASX | Invesco Income Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| ARINX | Archer Income Fund | Mutual Fund | Intermediate Core-Plus Bond | |
| CLIAX | Invesco Income Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| BTSRX | Bts Managed Income | Mutual Fund | Nontraditional Bond | |
| BTSIX | Bts Managed Income | Mutual Fund | Nontraditional Bond | |
| ALAYX | Invesco Income Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| BTSCX | Bts Managed Income | Mutual Fund | Nontraditional Bond |
Invesco Variable Rate Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Variable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0962 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.45) | |||
| Mean Deviation | 0.1773 |
Invesco Variable Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Variable Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Invesco Variable Rate is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Variable's value that differs from its market value or its book value, called intrinsic value, which is Invesco Variable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Variable's market value can be influenced by many factors that don't directly affect Invesco Variable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Variable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.