VRIG Invesco Variable Rate Investment Grade ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 25.05 | Day Range | 25.05 – 25.06 |
| 52-Week Range | 25.00 – 25.18 | Volume | 362.42K |
| Avg Volume | 491.37K | AUM | $1.90B (Aug 27, 2026) |
| Expense Ratio | 0.30% | Yield (TTM) | 4.59% |
| NAV | 25.04 | Premium/Discount | +0.06% indicative |
| Inception | Sep 22, 2016 | Holdings | 380 |
| Issuer | Invesco | Exchange | NASDAQ |
| Category | Bonds | Index Tracked | Not stated in source data |
| CUSIP | 46090A879 | ISIN | US46090A8797 |
| Management | Actively managed (per issuer description) | ||
About this ETF
The Invesco Variable Rate Investment Grade ETF (VRIG) is an actively managed exchange-traded fund (ETF) primarily designed to generate current income and maintain a low portfolio duration, with capital appreciation serving as a secondary objective. Typically, under normal market conditions, the Fund allocates at least 80% of its net assets, including any borrowed capital, to U.S.-issued, U.S. dollar-denominated, variable rate instruments of investment-grade quality. The sub-adviser, Invesco Advisers, Inc., targets a diverse range of holdings, including floating rate U.S. Treasuries, government-sponsored agency mortgage-backed securities, U.S. Agency debt, structured securities, and floating rate investment-grade corporate instruments. Additionally, the Fund retains the flexibility to invest in other security types detailed in its prospectus, allowing for up to a 20% allocation to non-investment grade securities. As of August 31, 2025, Morningstar Inc. awarded the Fund an overall 5-star rating among 211 eligible funds. It also received 5 stars for the 3-year period (out of 211 funds) and the 5-year period (out of 183 funds), with no 10-year rating available. Morningstar ratings are determined by a risk-adjusted return methodology that weighs monthly performance variations, emphasizing downside risk and valuing consistent results. For comparison purposes, open-end mutual funds and ETFs are grouped together. A minimum three-year performance history is required for a rating. The overall rating represents a weighted average of the available 3-, 5-, and 10-year metrics, inclusive of fees and expenses but exclusive of sales charges. This information is proprietary to Morningstar Inc. and/or its content providers, ©2025, with all rights reserved. It should not be copied or distributed, and its accuracy, completeness, or timeliness is not guaranteed. Neither Morningstar nor its content providers bear responsibility for any damages or losses resulting from its use. Investors should note that past performance offers no assurance of future outcomes. Morningstar's star distribution awards five stars to the top 10% of funds in a category, four stars to the next 22.5%, three stars to the subsequent 35%, two stars to the following 22.5%, and one star to the lowest 10%. These ratings are subject to monthly adjustments. Furthermore, if fees had not been waived or expenses reimbursed, either currently or historically, the Morningstar rating would have been lower. Ratings for alternative share classes may also differ based on varying performance characteristics.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.02% | -0.06% | -0.18% | -0.22% | -0.14% | +0.14% | -0.04% | — | +0.01% |
| Total return | 0.00% | +0.68% | +1.66% | +2.45% | +4.20% | +5.59% | +4.55% | — | +3.44% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.30% | Annual cost of a $10,000 investment | $30.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 25, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 381 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Floating Rate Note 3.85%… | — | 7.18% | 136.75M | $136.9M |
| 2 | United States Treasury Floating Rate Note 3.94%… | — | 3.64% | 69.25M | $69.4M |
| 3 | United States Treasury Floating Rate Note 3.91%… | — | 2.21% | 42.10M | $42.1M |
| 4 | United States Treasury Floating Rate Note 3.91%… | — | 2.10% | 40.00M | $40.1M |
| 5 | Invesco Government & Agency Portfolio | AGPXX | 1.11% | 21.14M | $21.1M |
| 6 | United States Treasury Floating Rate Note 3.85%… | — | 0.89% | 17.00M | $17.0M |
| 7 | Connecticut Avenue Securities Trust 2022-R06… | — | 0.83% | 15.50M | $15.8M |
| 8 | Freddie Mac STACR REMIC Trust 2022-DNA2 7.39%… | — | 0.74% | 13.85M | $14.0M |
| 9 | Freddie Mac STACR REMIC Trust 2023-DNA2 6.89%… | — | 0.69% | 12.77M | $13.2M |
| 10 | Pagaya AI Debt Grantor Trust 2026-R3 5.16%… | — | 0.68% | 13.00M | $13.0M |
| 11 | Freddie Mac REMICS 4.59% 02/25/2056 | — | 0.68% | 13.10M | $13.0M |
| 12 | Connecticut Avenue Securities Trust 2022-R02… | — | 0.68% | 12.87M | $13.0M |
| 13 | OBX 2026-HE2 Trust 4.99% 06/25/2056 | — | 0.66% | 12.52M | $12.5M |
| 14 | Connecticut Avenue Securities Trust 2022-R04… | — | 0.65% | 12.30M | $12.4M |
| 15 | Connecticut Avenue Securities Trust 2022-R03… | — | 0.63% | 11.85M | $12.0M |
| 16 | Connecticut Avenue Securities Trust 2025-R03… | — | 0.61% | 11.51M | $11.6M |
| 17 | Freddie Mac STACR REMIC Trust 2023-DNA1 5.72%… | — | 0.61% | 11.44M | $11.5M |
| 18 | SHRN Trust 2025-MF18 4.84% 10/15/2040 | — | 0.60% | 11.46M | $11.5M |
| 19 | SCG Commercial Mortgage Trust 2025-FLWR 4.89%… | — | 0.60% | 11.45M | $11.5M |
| 20 | United States Treasury Floating Rate Note 3.85%… | — | 0.56% | 10.60M | $10.6M |
| 21 | Freddie Mac STACR REMIC Trust 2022-DNA4 8.89%… | — | 0.54% | 10.00M | $10.3M |
| 22 | Nationwide Building Society 4.66% 09/30/2030 | — | 0.53% | 10.00M | $10.1M |
| 23 | Fannie Mae REMICS 4.87% 07/25/2054 | — | 0.53% | 10.06M | $10.0M |
| 24 | NRTH Commercial Mortgage Trust 2025-PARK 5.03%… | — | 0.53% | 10.00M | $10.0M |
| 25 | Freddie Mac STACR REMIC Trust 2026-HQA1 4.89%… | — | 0.52% | 9.95M | $10.0M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.59% | Paid (last 12 months) | $1.1506 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 24, 2026 | Last payment | $0.0910 (Aug 28, 2026) |
| Growth 1Y | -14.57% | Growth 3Y / 5Y (ann.) | -4.55% / +41.34% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 24, 2026 | Aug 24, 2026 | Aug 28, 2026 | $0.0910 |
| Jul 20, 2026 | Jul 20, 2026 | Jul 24, 2026 | $0.0922 |
| Jun 22, 2026 | Jun 22, 2026 | Jun 26, 2026 | $0.0919 |
| May 18, 2026 | May 18, 2026 | May 22, 2026 | $0.0937 |
| Apr 20, 2026 | Apr 20, 2026 | Apr 24, 2026 | $0.0868 |
| Mar 23, 2026 | Mar 23, 2026 | Mar 27, 2026 | $0.0931 |
| Feb 23, 2026 | Feb 23, 2026 | Feb 27, 2026 | $0.0968 |
| Jan 20, 2026 | Jan 20, 2026 | Jan 23, 2026 | $0.0998 |
| Dec 22, 2025 | Dec 22, 2025 | Dec 26, 2025 | $0.0961 |
| Nov 24, 2025 | Nov 24, 2025 | Nov 28, 2025 | $0.1042 |
| Oct 20, 2025 | Oct 20, 2025 | Oct 24, 2025 | $0.1014 |
| Sep 22, 2025 | Sep 22, 2025 | Sep 26, 2025 | $0.1036 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 0.62% / 0.83% | Sharpe 1Y / 3Y | 0.801 / 2.30 |
| Max drawdown 1Y / 3Y | -0.36% / -0.76% | Sortino 1Y | 1.26 |
| Beta vs S&P 500 (3Y) | 0.012 | Correlation vs S&P 500 (1Y) | -0.041 |
| Downside deviation 1Y | 0.40% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 362.42K | Average volume | 491.37K |
| AUM | $1.90B | Premium/Discount | +0.06% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$1.3M | -0.07% | $1.90B → $1.90B |
| 1 Week | $9.4M | +0.50% | $1.89B → $1.90B |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for VRIG
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.