JHPIvsVRPETF Comparison
ETF 1
JHPI
John Hancock Preferred Income ETF
VS
ETF 2
VRP
Invesco Variable Rate Preferred ETF
John Hancock Preferred Income ETF (JHPI) and Invesco Variable Rate Preferred ETF (VRP) belong to the same industry segment: . Both ETFs have the same top 3 sector exposures: Finance, Utilities and Energy. JHPI is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.5% for VRP. JHPI is down -0.89% year-to-date (YTD) with +$114M in YTD flows. VRP performs worse with -1.74% YTD performance, and +$739M in YTD flows. Run a side-by-side ETF comparison of JHPI and VRP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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JHPI vs VRP performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JHPI VRP | -1.48%-0.84% | -2.91%-2.15% | -0.89%-1.74% | -0.97%-0.75% | +28.73%+25.28% | n/a+15.10% |
| Flows | JHPI VRP | +$14M+$43M | +$23M+$75M | +$114M+$739M | +$116M+$839M | +$201M+$1.51B | -+$1.30B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JHPI VRP | +3.36%+2.24% | +3.13%+2.21% | +4.18%+2.34% | n/a+3.99% |
| Max drawdown | JHPI VRP | -3.26%-2.42% | -3.44%-3.04% | -4.30%-3.04% | n/a-13.90% |
| Max drawdown duration | JHPI VRP | 89d92d | 236d236d | 222d236d | n/a807d |
Trading data
JHPI | VRP | |
Last sale 10/16/2026 at 1:30 PM | $21.78 | $23.66 |
| Previous close 10/15/2026 | $21.80 | $23.76 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 18, 2026
1-year trailing difference
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JHPI
is actively managed and doesn’t replicate an indexJHPI | VRP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
JHPI | VRP | |
|---|---|---|
| Last price | $21.78 | $23.66 |
| 1D performance | -0.09% | -0.42% |
| AuM | $226.43 M | $3.00 B |
| E/R | 0.85% | 0.5% |
Characteristics
JHPI | VRP | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | John Hancock Investments | Invesco |
| Benchmark | - | ICE Variable Rate Preferred & Hybrid Securities Index |
| N° of holdings | 179 | 313 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 15, 2021 | May 1, 2014 |
| ESG | No | No |
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Exposure
Countries
JHPI
USA
75.22%
Canada
9.2%
Other
15.58%
VRP
USA
81.02%
Canada
9.66%
Other
9.32%
Sectors
JHPI
Finance
52.5%
Utilities
25.17%
Other
22.33%
VRP
Finance
52.42%
Utilities
22.98%
Energy
11%
Other
13.61%
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Diversification
JHPI
Total weight of top 15 holdings out of 15
14.8%
VRP
Total weight of top 15 holdings out of 15
13.41%
Top 15 holdings
Data as of August 31, 2026
JHPI
PPL Corp.
1.20%
Sunoco LP, 7.875% perp., USD (A)
1.14%
Venture Global LNG, 9% perp., USD (A)
1.12%
Allianz, 6.5% perp., USD
1.10%
AltaGas, 7.2% 15oct2054, USD
0.95%
US26441C8819
0.95%
Northwest Natural Gas, 7% 15sep2055, USD
0.93%
NGL Energy Partners LP
0.93%
Ally Financial, 7.1% perp., USD (D)
0.93%
Rogers Communications, 7.125% 15apr2055, USD (NC10)
0.93%
US30034WAG15
0.93%
Emera US Finance, 6.85% 1oct2056, USD (B)
0.92%
US29364GAT04
0.92%
Spire, 6.45% 1jun2056, USD (B)
0.92%
Global Atlantic Fin, 7.95% 15oct2054, USD
0.92%
VRP
Bank of America Corporation, 6.625% perp., USD (OO)
1.07%
JP Morgan, 6.5% perp., USD (OO)
1.07%
US48128BAR24
1.06%
Citigroup, 6.875% perp., USD (GG)
0.95%
JP Morgan, 6.875% perp., USD (NN)
0.92%
Bank of America Corp.
0.89%
Citigroup, 6.625% perp., USD (HH)
0.88%
US38141GF665
0.88%
BP PLC, 4.875% perp., USD
0.86%
CVS Health, 7% 10mar2055, USD (A)
0.84%
Goldman Sachs, 7.5% perp., USD (X)
0.83%
Citigroup, 7.875% 30oct2040, USD
0.82%
Bank of America Corporation, 5.875% perp., USD (FF)
0.82%
Wells Fargo & Co.
0.79%
Vodafone Group, 7% 4apr2079, USD
0.74%
Frequently asked questions about JHPI and VRP
How have the JHPI and VRP ETFs performed in 2026?
As of October 16, 2026, JHPI is down -0.89% year-to-date (YTD), while VRP has lost -1.74%. That puts JHPI better performer ahead so far this year.
Which ETF is attracting more investor money: JHPI or VRP?
Year-to-date, the JHPI ETF saw +$114M in flows, compared to +$739M for VRP.
Which ETF is more volatile: JHPI or VRP?
Over the past year, JHPI had a volatility of 3.13%, while VRP experienced 2.21%.
Which ETF is bigger: JHPI or VRP?
As of October 16, 2026, JHPI holds $226.43 M in assets under management (AUM), while VRP manages $3.00 B.
What sectors do the JHPI and VRP ETFs invest in?
JHPI leans toward sectors like Finance and Utilities. Meanwhile, VRP focuses on Finance, Utilities and Energy.
What are the top holdings of the JHPI ETF and VRP ETF?
JHPI top holdings include PPL Corp., Sunoco LP, 7.875% perp., USD (A) and Venture Global LNG, 9% perp., USD (A). VRP holds in its top three: Bank of America Corporation, 6.625% perp., USD (OO), JP Morgan, 6.5% perp., USD (OO) and US48128BAR24.
Which ETF is more diversified: JHPI or VRP?
JHPI holds 209 securities with 14.8% of its assets in the top 15. VRP has 360 securities and a top 15 weight of 13.41%.
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