Invesco VRDO Tax-Free ETF
PVI NYSE Arca
The Invesco VRDO Tax-Free Weekly ETF is based on the ICE US Municipal AMT-Free VRDO Constrained Index. The Fund generally will invest at least 80% of its total assets in variable rate demand obligation (VRDO) bonds that are exempt from federal income tax with interest rates that reset weekly, which...
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- Fund size
- 53.6M as of Feb 2020
- Expense ratio
- 0.25% per year
- Dividend yield
- 2.01% Monthly
- Volatility · 1Y
- 2.6% Low Risk
- Beta
- 0.02 vs the market
- 52-week range
- 24.2824.96
How PVI has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 30Total return vs price return
Price onlyOver 1 year, PVI returned +3.9% with dividends reinvested — dividends added +2.1 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±3% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −0.8% on Oct 26, 2026 — 7 days after the previous high
More than 5% below a high 0% of the time.
Market sensitivity
BetaA beta of 0.02 means PVI has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Uptrend- 12-day average24.83 −0.1%
- 26-day average24.83 −0.1%
- 50-day average24.81 −0.0%
- 200-day average24.64 +0.6%
The price is above 1 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.
Relative strength (RSI)
NeutralRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
Inside the fund
Municipals · Floating — tracking the ICE US Municipal AMT-Free VRDO Constrained Index.
- Assets under management53.6MUSD
- Expense ratio0.25%per year
- Holdings34
- Risk score2.4Low
Launched November 2007. Fund data as of Feb 27, 2020.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 20 USD a year for every 1,000 USD invested at today's price.
- Per share
- 0.50
- Frequency
- Monthly
- Last paid
- Oct 19, 2026
Last 12 months
0.46 USD / shareWhere PVI shows up
Curated themes and indices that hold PVI. Open one to see it in context, or test the whole theme in a portfolio.
About Invesco VRDO Tax-Free ETF
The Invesco VRDO Tax-Free Weekly ETF is based on the ICE US Municipal AMT-Free VRDO Constrained Index. The Fund generally will invest at least 80% of its total assets in variable rate demand obligation (VRDO) bonds that are exempt from federal income tax with interest rates that reset weekly, which comprise the Underlying Index. The Index is comprised of municipal securities issued in the primary market as VRDOs. VRDOs are floating-rate bonds that provide investors with tax-exempt income. VRDOs are generally purchased at par
- Featured in 2 curated themes
- 34 holdings
- Ticker
- PVI
- Exchange
- NYSE Arca
- ISIN
- US46138G8621
- CUSIP
- 46138G862
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Municipals
- Industry
- Floating
- Benchmark
- ICE US Municipal AMT-Free VRDO Constrained Index
All key statistics
Details
Shareas of Oct 30, 2026
Dataas of Feb 27, 2020
Put PVI to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.