Invesco Variable Rate Preferred Shares UCITS ETF Dist

Invesco Variable Rate Preferred Shares UCITS ETF Dist

About

Invesco Variable Rate Preferred Shares UCITS ETF Dist (IE00BG21M733) is a UCITS-compliant equity ETF tracking the ICE Diversified Variable Rate Preferred & Hybrid Securities Index. With a TER of 0.5%, its costs are on the higher end for an ETF. The fund holds 331 positions across 5 regions with 13M in assets.

ISIN
Fund Size €13M
Issuer Invesco
Distribution —
Replication Physical
Inception Oct 2018
Base Currency USD
Index ICE Diversified Variable Rate Preferred & Hybrid Securities Index
Asset Class Equities
Category Subordinated Bond

Costs

7.3
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

5.8
This fund holds 331 individual investments, offering moderate diversification compared to other ETFs.
#1
Bank of America Corp VAR 01/08/74
0.01%
#2
JPMorgan Chase & Co VAR 01/04/75
0.01%
#3
Citigroup Inc VAR 15/11/74
0.01%
#4
JPMorgan Chase & Co VAR 01/06/74
0.01%
#5
CITIGROUP CAPITAL XIII USD 25.0000 PFD
0.01%
#6
Bank of America Corp VAR 26/10/74
0.01%
#7
Citigroup Inc VAR 15/05/75
0.01%
#8
Cash and/or Derivatives
0.01%
#9
BP Capital Markets PLC VAR 22/12/74
0.01%
#10
CVS HEALTH CO VAR Mar55
0.01%

Sectors

1.9
This fund is concentrated in just a few of its 4 sectors, reducing diversification.

Regions

6.5
This fund invests across 6 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-02 — 2026-12-05).
18.8%
Volatility
-8.0%
Max Drawdown
-0.07
Sharpe Ratio
-0.10
Sortino Ratio
-0.16
Calmar Ratio
0.23
Beta
-4.91%
Alpha (Jensen's)
0.018
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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