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Upturn AI SWOT - About
Invesco Variable Rate Investment Grade ETF (VRIG)
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Upturn Advisory Summary
10/24/2025: VRIG (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 15.12% | Avg. Invested days 289 | 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 10/24/2025 |
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 BofAML US Floating Rate Note Index. It primarily invests in U.S. dollar-denominated, investment-grade floating rate notes, aiming to provide current income.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a long track record of managing ETFs.
Management Expertise
Invesco has extensive experience and expertise in managing fixed income and ETF products, providing strong management capabilities for VRIG.
Investment Objective
Goal
To track the investment results of the ICE BofAML US Floating Rate Note Index, providing current income.
Investment Approach and Strategy
Strategy: VRIG aims to replicate the performance of the ICE BofAML US Floating Rate Note Index through a full replication strategy.
Composition VRIG holds U.S. dollar-denominated, investment-grade floating rate notes.
Market Position
Market Share: VRIG holds a modest market share within the floating rate note ETF sector.
Total Net Assets (AUM): 872514496
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 floating rate note ETF market is competitive, with several established players. VRIG offers a cost-effective option, but its AUM is significantly smaller compared to FLOT and FLRN. This may affect its liquidity compared to its competitors. Competitors like USFR focuses on Treasury securities, which are more liquid with less credit risk.
Financial Performance
Historical Performance: Historical performance data is dynamically changing. Refer to financial websites such as Yahoo Finance, Google Finance, or the Invesco website for up-to-date information.
Benchmark Comparison: Performance relative to the ICE BofAML US Floating Rate Note Index indicates tracking efficiency; refer to financial websites for updated tracking error calculations.
Expense Ratio: 0.14
Liquidity
Average Trading Volume
VRIG's average trading volume is moderate, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
VRIG's performance is influenced by interest rate policies, credit spreads, and overall economic conditions. Rising interest rates generally benefit floating rate notes.
Growth Trajectory
VRIG's growth depends on investor demand for floating rate note exposure and its ability to attract assets in a competitive market.
Moat and Competitive Advantages
Competitive Edge
VRIG's competitive advantages include Invesco's strong brand and low expense ratio compared to some competitors. It provides a straightforward and cost-effective way to gain exposure to investment-grade floating rate notes. However, larger AUM competitors may offer greater liquidity. Its performance is tied directly to the floating rate note market.
Risk Analysis
Volatility
VRIG's volatility is generally lower than equity ETFs, as floating rate notes are less sensitive to interest rate changes than fixed-rate bonds.
Market Risk
Risks include credit risk associated with the underlying issuers of the floating rate notes and potential liquidity risk if market conditions deteriorate.
Investor Profile
Ideal Investor Profile
VRIG is suitable for investors seeking current income and a hedge against rising interest rates. It is appropriate for risk-averse investors looking for an alternative to traditional fixed-income investments.
Market Risk
VRIG is suitable for long-term investors seeking a stable income stream and those who believe interest rates will rise.
Summary
Invesco Variable Rate Investment Grade ETF (VRIG) offers exposure to investment-grade floating rate notes, making it attractive for investors looking to mitigate interest rate risk and generate income. Its low expense ratio is a competitive advantage, but its smaller AUM compared to rivals can affect its liquidity. The ETF's performance is tied to the floating rate note market, making it a suitable option for those anticipating rising rates. VRIG is a solid option within the fixed income portion of a portfolio for investors looking for variable income and lower duration.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- Yahoo Finance
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
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.