Invesco Variable Rate Investment Grade ETF (VRIG) Performance
VRIG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.3% since Dec 31, 2025
- 1 year
- +4.3% total return
- 5 years
- +4.7% a year
- 10 years
- +3.5% a year
- Since first price
- +3.5% a year since 2016
VRIG trailing returns vs AGG, TLT, SPY
| Period | VRIG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.2% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.9% | −0.2% | −0.4% | −1.0% | +3.2% |
| 6 months | +2.1% | −0.1% | −1.5% | −3.8% | +7.8% |
| YTD | +3.3% | −0.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +4.3% | −0.3% | −1.1% | −6.9% | +14.4% |
| 3 years | +17.8%+5.6%/yr | +0.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +25.7%+4.7%/yr | −0.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +40.6%+3.5%/yr | −0.1% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionSep 22, 2016 | +41.0%+3.5%/yr | −0.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: VRIG vs AGG
From Sep 22, 2016: VRIG grew to $14,103, AGG to $11,381.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VRIG returns by calendar year
9 of 9 full years positive. Best 2023 (+7.4%), worst 2018 (+0.5%). 2026 is year to date.
VRIG annual returns table
| Year | VRIG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.3% | −0.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.1% | −0.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.8% | −0.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.4% | −1.4% | +5.7% | +2.8% | +26.2% |
| 2022 | +1.0% | −2.3% | −13.0% | −31.2% | −18.2% |
| 2021 | +1.1% | −0.2% | −1.8% | −4.6% | +28.7% |
| 2020 | +1.8% | −13.0% | +7.5% | +18.2% | +18.3% |
| 2019 | +4.6% | −0.2% | +8.5% | +14.1% | +31.2% |
| 2018 | +0.5% | −1.4% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.2% | −0.5% | +3.6% | +9.2% | +21.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
VRIG largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −13.0% | Mar 26, 2020 | Aug 21, 2020 | 36 days | 6 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
VRIG risk statistics
| Statistic | 3 years | 5 years | 10 years |
|---|---|---|---|
| Annualized return | +5.6% | +4.6% | +3.5% |
| Volatility (annualized) | 0.6% | 1.2% | 3.4% |
| Sharpe ratio | 2.21 | 0.98 | 0.35 |
| Sortino ratio | 4.66 | 1.51 | 0.42 |
| Best month | +0.9% | +1.1% | +4.3% |
| Worst month | +0.0% | −0.5% | −8.5% |
| Best 12 months | +7.2% | +8.0% | +11.5% |
| Worst 12 months | +4.3% | −0.7% | −5.8% |
| Positive months | 100% | 87% | 87% |
| Beta vs S&P 500 | 0.02 | 0.02 | 0.10 |
| Correlation with S&P 500 | 0.45 | 0.29 | 0.45 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
VRIG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 110 | −5.8% | +3.0% | +11.5% | 93% |
| 3-year (a year) | 86 | −0.6% | +2.7% | +6.6% | 99% |
| 5-year (a year) | 62 | +1.5% | +3.2% | +5.6% | 100% |
| 10-year (a year) | 2 | +3.5% | +3.5% | +3.5% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
VRIG performance overview
Invesco Variable Rate Investment Grade ETF (VRIG) returned +4.3% over the past year and +3.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +3.5% a year, turning $10,000 into about $14,103. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −13.0%, from Feb 19, 2020 to Mar 26, 2020, and it took 5 months to get back to the old high. VRIG finished 9 of its 9 full calendar years with a gain; the best year was 2023 (+7.4%) and the worst 2018 (+0.5%). Volatility has been 3.4% a year.
Related: VRIG chart, VRIG dividends, VRIG bond profile. See the VRIG overview for the latest quote and fund facts.
VRIG performance FAQ
What is the VRIG return over the past year?
VRIG returned +4.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.3%.
What is the average annual return of VRIG?
VRIG has returned +4.7% a year over 5 years, +3.5% a year over 10 years, +3.5% a year since September 22, 2016 (total return, distributions reinvested).
How much would $10,000 invested in VRIG be worth?
$10,000 invested in VRIG at its first recorded close on September 22, 2016 would be worth about $14,103 on October 23, 2026 with distributions reinvested.
What was the worst year for VRIG?
The worst calendar year was 2018, with a total return of +0.5%. The best was 2023 at +7.4%.
What is the biggest drawdown of VRIG?
The largest peak-to-trough decline was −13.0% between February 19, 2020 and March 26, 2020. It recovered to the old high on August 21, 2020, 5 months after the bottom.
How volatile is VRIG?
Over the past 3 years VRIG had an annualized volatility of 0.6% and a Sharpe ratio of 2.21 (excess return over 1–3 month T-bills per unit of risk).