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ETFs

Invesco Actively Managed Exchange-Traded Fund Trust Invesco Variable Rate Investment Grade ETF

VRIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 22 2016
Expense Ratio
0.30%
Type
US Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$3,400,500
AUM
$678,876,822
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
United States Treasury Floating Rate Note
22.22%
FMCC5287633
Freddie Mac STACR REMIC Trust 2021DNA6
0.80%
AGPXX
Invesco Government & Agency Portfolio
0.73%
n/a
ING Group Notes 2018-02.10.23 Global Floating Rate
0.73%
ATHU5189500
Athene Global Funding
0.72%
FMCC5396076
Freddie Mac STACR REMIC Trust 2022DNA3
0.71%
n/a
NextEra Energy Capital Holdings Inc
0.70%
SWDBF5389772
Swedbank AB
0.68%
FNMA5579387
Connecticut Avenue Securities Trust 2023R03
0.67%
TFC5196320
Truist Financial Corp
0.67%
Invest with VRIG

What is VRIG?

The Invesco Variable Rate Investment Grade ETF (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. Under normal market conditions, the Fund generally will invest at least 80% of its net assets, plus any borrowings, in a portfolio of investment-grade, variable rate instruments that are US dollar denominated and US issued. Invesco, Advisers, Inc., the sub-adviser to the Fund (Sub-Adviser), seeks to invest in floating rate US Treasuries, government sponsored agency mortgage-backed securities, US Agency debt, structured securities and floating rate investment grade corporates. The Fund is able to invest in other types of securities as outlined in the prospectus, including up to 20% in non-investment grade securities.

ETFs related toVRIG

ETFs correlated to VRIG include FLTR, FLRN, FLOT

VRIG
Invesco Capital Management LLC - Invesco Variable Rate Investment Grade ETF
FLTR
VanEck ETF Trust - VanEck IG Floating Rate ETF
FLRN
SPDR Series Trust - SPDR Bloomberg Investment Grade Floating Rate ETF
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
FPEI
First Trust Exchange-Traded Fund III - First Trust Institutional Preferred Securities and Income ETF
VRP
Invesco Capital Management LLC - Invesco Variable Rate Preferred ETF
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
PREF
Principal Exchange-Traded Funds - Principal Spectrum Preferred Securities Active ETF
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
KBWB
Invesco Capital Management LLC - Invesco KBW Bank ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
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Create your own algorithmic trading strategy with VRIG using Composer

FAQ

VRIG is a US Bonds ETF. The Invesco Variable Rate Investment Grade ETF (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective. Under normal market conditions, the Fund generally will invest at least 80% of its net assets, plus any borrowings, in a portfolio of investment-grade, variable rate instruments that are US dollar denominated and US issued. Invesco, Advisers, Inc., the sub-adviser to the Fund (Sub-Adviser), seeks to invest in floating rate US Treasuries, government sponsored agency mortgage-backed securities, US Agency debt, structured securities and floating rate investment grade corporates. The Fund is able to invest in other types of securities as outlined in the prospectus, including up to 20% in non-investment grade securities.

Yes, VRIG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, VRIG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VRIG is 0.0052%. This is the percent change in the value of VRIG over the most recent 1-month period. The 3-month return on VRIG is 0.018%. This is the percent change in the value of VRIG over the most recent 3-month period.

The standard deviation of VRIG for the past year is 0.0254%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VRIG include GVI, BLV, and BSV.

ETFs correlated to VRIG include FLTR, FLRN, and FLOT.

ETFs that are inversely correlated to VRIG include OBIL, XHLF, and XBIL.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.