VRIG: Invesco Variable Rate Investment Grade ETF
About
VRIG was created on 2016-09-22 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 1069.22m in AUM and 264 holdings. VRIG is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities", but can hold up to 20% in non-investment-grade securities.
Current Value
$25.091 Year Return
Current Value
$25.091 Year Return
Key Details
Assets Under Management
$1.09B
Div Yield %
6.17%
P/E Ratio
-
Net Asset Value
$25.07
Expense Ratio
0.30%
1Y ETF Return
0.07%
Strategies that include VRIG
Stock's related to VRIG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HTGC | 26.08% | - | - | 8.62% |
| OBDC | 25.78% | $5.88B | +4.14% | 10.21% |
| RBRK | 24.52% | $8.92B | +53.50% | 0.00% |
| MAIN | 24.46% | $4.69B | +32.43% | 5.43% |
| AB | 23.21% | $4.17B | +31.10% | 8.06% |
| SG | 23.10% | $4.77B | +331.94% | 0.00% |
| TY | 23.07% | - | - | 3.31% |
| TSM | 22.40% | $991.75B | +93.86% | 1.14% |
| TEM | 22.38% | $8.26B | 0.00% | 0.00% |
| OBDE | 22.33% | $1.82B | -2.14% | 4.74% |
| TCMD | 21.61% | $382.51M | +18.38% | 0.00% |
| APO | 21.60% | $130.07B | +82.95% | 1.08% |
| CP | 21.21% | $70.18B | +5.92% | 0.74% |
| EMO | 21.05% | - | - | 7.42% |
| CSWC | 20.88% | $1.10B | +3.44% | 9.93% |
| ROK | 20.73% | $31.42B | +2.02% | 1.80% |
| GNTX | 20.60% | $6.80B | -3.80% | 1.60% |
| PCOR | 20.58% | $11.18B | +32.77% | 0.00% |
| MPC | 20.14% | $51.19B | +6.76% | 2.13% |
| OPRX | 19.82% | $82.71M | -53.90% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CCI | 0.02% | $45.42B | +1.36% | 5.96% |
| CMS | -0.02% | $20.68B | +21.27% | 2.97% |
| AWR | -0.02% | $3.18B | +3.96% | 2.12% |
| CLX | 0.03% | $20.94B | +20.38% | 2.86% |
| OPAD | -0.03% | $104.84M | -59.60% | 0.00% |
| LECO | 0.04% | $11.77B | +7.28% | 1.36% |
| ADEA | 0.04% | $1.26B | +22.72% | 1.65% |
| BGS | 0.04% | $505.07M | -31.98% | 11.84% |
| MED | 0.04% | $200.16M | -72.48% | 0.00% |
| PTON | 0.05% | $3.46B | +70.62% | 0.00% |
| NATR | 0.05% | $289.42M | -10.64% | 0.00% |
| RILY | 0.05% | $146.33M | -78.82% | 20.80% |
| AMC | 0.05% | $1.69B | -35.77% | 0.00% |
| NJR | 0.06% | $4.94B | +16.77% | 3.41% |
| VIR | 0.06% | $957.15M | -29.37% | 0.00% |
| UA | 0.07% | $3.65B | +15.48% | 0.00% |
| HMY | 0.08% | $6.07B | +67.02% | 1.34% |
| OGN | 0.09% | $3.83B | +32.47% | 7.46% |
| DBI | -0.09% | $271.39M | -54.00% | 4.02% |
| BKD | -0.09% | $1.06B | +1.91% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TBI | -19.64% | $207.80M | -48.35% | 0.00% |
| SAVA | -15.75% | $1.55B | +51.22% | 0.00% |
| LUNR | -15.10% | $880.62M | +380.93% | 0.00% |
| AMSF | -14.98% | $1.11B | +21.09% | 2.48% |
| FDP | -14.84% | $1.61B | +44.02% | 2.97% |
| THS | -12.64% | $1.81B | -14.53% | 0.00% |
| UNF | -12.28% | $3.51B | +14.43% | 0.67% |
| GPRE | -12.07% | $716.66M | -54.81% | 0.00% |
| VYX | -11.94% | $2.13B | -9.51% | 0.00% |
| CFFN | -11.92% | $888.01M | +28.90% | 5.07% |
| K | -11.78% | $27.93B | +52.93% | 2.77% |
| JAKK | -11.73% | $304.87M | -9.05% | 0.00% |
| YETI | -11.48% | $3.27B | -9.07% | 0.00% |
| MOH | -11.42% | $16.94B | -18.86% | 0.00% |
| TRUE | -11.37% | $345.22M | +49.81% | 0.00% |
| BMY | -11.36% | $118.10B | +17.83% | 4.15% |
| GRFS | -11.31% | $2.20B | -11.59% | 0.00% |
| HIHO | -10.92% | $8.50M | -1.53% | 6.22% |
| CRIS | -10.80% | $34.71M | -51.07% | 0.00% |
| ADTN | -10.54% | $646.67M | +51.39% | 0.00% |
ETF's related to VRIG
News
SeekingAlpha
Retail money funds are reported at a new high. The last 30mos, from June 2022, while retail money funds soared more than 100%, T-Bill rates have also risen from the 1% range to more than 5%.
SeekingAlpha
With the Fed managing a soft landing, interest rates may come back down just as quickly as they went up. Read more here.
SeekingAlpha
The recent U.S. Treasury rally has reversed sharply, as stronger-than-expected labor data and a potential inflation setback have altered market expectations for Fed rate cuts.
SeekingAlpha
As rates are going down, investors are reviewing their cash portfolios once again. BlackRock's Beccy Milchem discusses the importance of managing cash regardless of the yield curve shape.
SeekingAlpha
The regime of greater macro and market volatility has taken hold, shaped by supply constraints like shrinking working-age populations.
SeekingAlpha
While we expect a gradual decline in global yields over the coming months, we also anticipate continued bumps along the way.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.