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Upturn AI SWOT - About
Invesco Variable Rate Investment Grade ETF (VRIG)
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Upturn Advisory Summary
08/14/2025: VRIG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 11.33% | Avg. Invested days 218 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.03 | 52 Weeks Range 23.78 - 25.06 | Updated Date 06/30/2025 |
52 Weeks Range 23.78 - 25.06 | Updated Date 06/30/2025 |
Upturn AI SWOT
Invesco Variable Rate Investment Grade ETF
ETF Overview
Overview
The Invesco Variable Rate Investment Grade ETF (VRIG) seeks to track the investment results of the ICE BofA US Floating Rate Investment Grade Index. It primarily invests in U.S. dollar-denominated, investment-grade floating rate debt securities. The ETF aims to provide current income while maintaining a relatively low duration.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a long track record in offering diverse investment products.
Management Expertise
Invesco has a dedicated team of experienced portfolio managers and analysts specializing in fixed income investments.
Investment Objective
Goal
The ETF's primary goal is to track the investment results of the ICE BofA US Floating Rate Investment Grade Index, providing current income.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, seeking to replicate the performance of its benchmark index.
Composition The ETF primarily holds U.S. dollar-denominated, investment-grade floating rate notes.
Market Position
Market Share: VRIG's market share within the variable rate bond ETF market is considerable.
Total Net Assets (AUM): 875850000
Competitors
Key Competitors
- iShares Floating Rate Bond ETF (FLOT)
- SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)
- WisdomTree Floating Rate Treasury Fund (USFR)
Competitive Landscape
The variable rate bond ETF market is competitive, with FLOT holding the largest market share. VRIG offers exposure to investment-grade floating rate notes, similar to FLOT and FLRN, but may differ in index tracking and expense ratios. USFR focuses on floating rate treasuries, offering a lower-risk alternative.
Financial Performance
Historical Performance: Historical performance data is not provided, needs a live API to get live data.
Benchmark Comparison: Benchmark comparison data is not provided, needs a live API to get live data.
Expense Ratio: 0.14
Liquidity
Average Trading Volume
VRIG exhibits reasonable liquidity with adequate average trading volume for typical trading needs.
Bid-Ask Spread
The bid-ask spread for VRIG is generally tight, reflecting its liquidity and ease of trading.
Market Dynamics
Market Environment Factors
Economic factors such as interest rate policies, inflation expectations, and credit spreads affect VRIG's performance. Rising interest rates typically benefit floating rate notes, as their coupon rates adjust accordingly.
Growth Trajectory
The growth trajectory of VRIG is tied to investor demand for floating rate investments, particularly during periods of rising interest rates. Changes in credit quality and market sentiment can also impact its holdings.
Moat and Competitive Advantages
Competitive Edge
VRIG's competitive edge lies in its focus on investment-grade floating rate notes, offering investors a way to mitigate interest rate risk while maintaining credit quality. It is issued by Invesco, a reputable firm, adding to investor confidence. The ETF's relatively low expense ratio is another advantage. Its diversified portfolio of floating rate securities also contributes to reduced risk, and its adherence to its tracked index also reduces management bias.
Risk Analysis
Volatility
VRIG's volatility is generally lower than that of fixed-rate bond ETFs due to the floating rate nature of its holdings.
Market Risk
Market risks include credit risk (the risk of issuers defaulting), liquidity risk (the risk of difficulty in selling holdings), and interest rate risk (though mitigated by the floating rate nature of the notes).
Investor Profile
Ideal Investor Profile
The ideal investor for VRIG is someone seeking current income and protection against rising interest rates, while accepting a moderate level of credit risk.
Market Risk
VRIG is suitable for long-term investors and passive index followers seeking to diversify their fixed income portfolio.
Summary
Invesco Variable Rate Investment Grade ETF (VRIG) aims to track the ICE BofA US Floating Rate Investment Grade Index. It offers investors exposure to U.S. dollar-denominated, investment-grade floating rate notes, providing current income and mitigating interest rate risk. VRIG is managed by Invesco, a reputable firm. It's a suitable option for investors seeking income and interest rate protection.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco official website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco Variable Rate Investment Grade ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in affiliated ETFs that invest primarily in any or all of the foregoing securities).
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.