VRP vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricVRPVXUSWinner
Expense Ratio0.50%0.05%
AUM$3.0B$156.5B
Dividend Yield6.23%2.60%
Holdings3438,747
YTD Return+2.02%+14.19%
1Y Return+4.79%+27.38%
3Y Return (annualized)+8.58%+19.53%
5Y Return (annualized)+4.10%+9.03%
Volatility (annualized)7.4%15.1%
Max Drawdown-46.2%-39.9%
Fund FamilyInvesco (US)Vanguard (US)
CategoryAllocation/BalancedEquity
InceptionMay 1, 2014Jan 26, 2011

VRP vs VXUS Performance

Invesco Variable Rate Preferred ETF (VRP) is a ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year VRP returned +4.79% while VXUS returned +27.38%. Year to date, VRP is up 2.02% versus a gain of 14.19% for VXUS.

Over three years, VRP compounded at +8.58% per year against +19.53% for VXUS; over five years the annualized figures are +4.10% and +9.03% respectively. Across the full 12-year window we track, VXUS has the edge at +4.83% annualized vs +2.30%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VXUS has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.4% for VRP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -46.2% for VRP and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VRP charges 0.50% per year while VXUS charges 0.05%. On a $10,000 position that is $50 vs $5 annually, a gap of $45 per year that compounds over a long holding period. On income, VRP currently yields 6.23% against 2.60% for VXUS.

Holdings Overlap

0.5%overlap

VRP and VXUS share 5 holdings out of 8134 unique holdings combined, representing a 0.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VRPWeight in VXUSDifference
ENB:AQL0.28%0.26%0.02%
SRE0.46%0.00%0.46%
BMO:CA0.18%0.23%0.05%
HBANProProPro
AQN:CAProProPro
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Frequently Asked Questions

Which is cheaper, VRP or VXUS?

VRP has an expense ratio of 0.50% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $45 per year of difference.

Which performed better, VRP or VXUS?

Over the past year VRP returned +4.79% vs +27.38% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (12 years), VRP annualized +2.30% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, VRP or VXUS?

VXUS has been the more volatile fund at 15.1% annualized versus 7.4% for VRP. Worst drawdown: VRP -46.2% vs VXUS -39.9%.

Should I hold both VRP and VXUS?

VRP and VXUS have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VRP and VXUS?

VRP and VXUS share 5 common holdings with a 0.5% weight overlap. Combined, they hold 8134 unique securities.

Which pays a higher dividend, VRP or VXUS?

VRP yields 6.23% while VXUS yields 2.60%, so VRP currently pays the higher dividend yield.

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