Invesco Variable Rate Preferred ETF (VRP) Implied Volatility Current

Tracking VRP implied volatility helps you identify when options premiums on Invesco Variable Rate Preferred ETF are historically cheap or expensive, and where the best trades are hiding. Invesco Variable Rate Preferred ETF implied volatility reflects the market's expectation of future price movement: when VRP IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor Invesco Variable Rate Preferred ETF's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For VRP, tracking metrics like VRP IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on VRP signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

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 floating and variable rate investment grade and below investment grade U.S. dollar denominated preferred stock and hybrid debt publicly issued by corporations in the U.S. domestic market. 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. As of 08/31/2025 the Fund had an overall rating of 5 stars out of 66 funds and was rated 5 stars out of 66 funds, 5 stars out of 58 funds and 5 stars out of 38 funds for the 3-, 5- and 10- year periods, respectively. Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2025 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where VRP implied volatility sits today versus where it has been. Our scanner ranks Invesco Variable Rate Preferred ETF implied volatility against its historical range, surfaces extremes in VRP IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether Invesco Variable Rate Preferred ETF IV is rich or cheap — measure it, then act on it.