Invesco Variable Rate Preferred ETF (VRP) closed at $23.70 on November 6, 2026, up 0.3% from the previous close, on volume of 1,249,995 shares (30-day average 778,657).
Data as of November 6, 2026.
6-Nov-2026
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The Invesco Variable Rate Preferred ETF (Fund) is based on the ICE Variable Rate Preferred & Hybrid Securities Index (Index). The Fund will generally invest at least 90% of its total assets in fixed rate preferred securities in the U.S. market by financial companies. The Index is designed to track the performance of floating and variable rate investment grade and below investment grade U.S. dollar preferred stock, as well as certain types of hybrid securities that determined by the Index Provider, comparable to preferred stocks, that are issued by corporations in the U.S. market. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly. Effective the close of markets on June 30, 2021, the Funds underlying index, index provider, objective and strategy changed. The underlying index changed from the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index to the ICE Variable Rate Preferred & Hybrid Securities Index; the index provider changed from Wells Fargo Securities, LLC to ICE Data Indices, LLC.
Invesco Variable Rate Preferred ETF trades on the ARCA stock market under the symbol VRP.
As of November 6, 2026, VRP stock price climbed to $23.70 with 1,249,995 million shares trading.
VRP has a beta of 0.14, meaning it tends to be less sensitive to market movements. VRP has a correlation of 0.32 to the broad based SPY ETF.
VRP has a market cap of $2.96 billion. This is considered a Mid Cap stock.
In the last 3 years, VRP traded as high as $24.93 and as low as $22.17.
VRP has underperformed the market in the last year with a return of +2.1%, while SPY returned +10.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VRP shares. However, VRP has outperformed the market in the last 3 month and 2 week periods, returning -0.8% and +0.6%, while SPY returned -4.1% and -3.2%, respectively. This indicates VRP has been having a stronger performance recently.
VRP support price is $23.57 and resistance is $23.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VRP shares will trade within this expected range on the day.