Invesco Variable Rate Preferred ETF (VRP)

Invesco Variable Rate Preferred ETF (VRP $24.52)
- $24.52 Fwd P/E: 23.17X Cap: $2.12B
- View VRP Profile
- View Questions on VRP

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.33)
- $13.33 Fwd P/E: 16.84X Cap: $1.18B
- View CPD Profile
- View Questions on CPD
iShares U.S. Preferred Stock (PFF $31.12)
- $31.12 Fwd P/E: 18.67X Cap: $14.06B
- View PFF Profile
- View Questions on PFF
Invesco Variable Rate Preferred ETF (VRP $24.52)
- $24.52 Fwd P/E: 23.17X Cap: $2.12B
- View VRP Profile
- View Questions on VRP

Q: Greetings,

Hoping you can help me to understand the fundamental differences between these funds and why the US preferred ETFs have significantly outperformed CPD since March.

Thanks

Read Answer Asked by kelly on July 09, 2020

iShares U.S. Preferred Stock (PFF $31.12)
- $31.12 Fwd P/E: 18.67X Cap: $14.06B
- View PFF Profile
- View Questions on PFF
Invesco Variable Rate Preferred ETF (VRP $24.52)
- $24.52 Fwd P/E: 23.17X Cap: $2.12B
- View VRP Profile
- View Questions on VRP

Q: Greetings,

i am trying to clean up my US 401K _ i own both of these for income - do i need both and will they act the same?

Thanks

Read Answer Asked by kelly on March 26, 2019

BMO Laddered Preferred Share Index ETF (ZPR $11.73)
- $11.73 Fwd P/E: 11.07X Cap: $1.74B
- View ZPR Profile
- View Questions on ZPR
Global X Active Preferred Share ETF (HPR $9.91)
- $9.91 Fwd P/E: 8.39X Cap: $1.22B
- View HPR Profile
- View Questions on HPR
Invesco Variable Rate Preferred ETF (VRP $24.52)
- $24.52 Fwd P/E: 23.17X Cap: $2.12B
- View VRP Profile
- View Questions on VRP

Q: I am retired and have these preferred etfs making up about 7% of the income part of the portfolio. There is obvious overlap. Vrp has out performed the others and has a better yield. It is held in a rrif so the US dividend is intact. I am assuming that the downturn in preferreds will level out, as this is a long term income hold. Should I eliminate hpr as it is 50% US and just stay with the other two with the currency diversity? Also what portion of fixed income do you feel preferred should make up? Have a great holiday.

Read Answer Asked by Tom on December 14, 2018