# Portfolio overlap — PREF vs VRP Comparing **Principal Spectrum Preferred Securities Active ETF** (2026-03-31) and **Invesco Variable Rate Preferred ETF** (2026-02-28). - Shared positions: 103 - Principal Spectrum Preferred Securities Active ETF covered by Invesco Variable Rate Preferred ETF: 0.3294310170068410860768530474 - Invesco Variable Rate Preferred ETF covered by Principal Spectrum Preferred Securities Active ETF: 0.3294310170068410860768530477 ## Principal Spectrum Preferred Securities Active ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Principal Government Money Market Fund | 0.030503 | | | METLIFE INC | 0.028522 | ✓ | | Bank of Nova Scotia (The) | 0.025213 | | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.025133 | ✓ | | TORONTO DOM BANK | 0.024877 | | | JPMorgan Chase & Co., Series OO | 0.023692 | ✓ | | The PNC Financial Services Group, Inc. | 0.019972 | ✓ | | Bank of America Corp. | 0.018606 | ✓ | | ENBRIDGE INC SUBORDINATED 01/84 VAR | 0.018074 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.016516 | ✓ | | Wells Fargo & Co. | 0.014954 | ✓ | | Bank of Montreal | 0.014732 | | | Energy Transfer L.P. | 0.014147 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.013774 | ✓ | | Goldman Sachs Group, Inc. (The), Series X | 0.013753 | ✓ | | MTB V3.5 PERP | 0.013260 | ✓ | | PRUDENTIAL FIN | 0.013253 | ✓ | | Royal Bank of Canada | 0.013028 | | | The Goldman Sachs Group, Inc. | 0.012952 | ✓ | | NEXTERA ENERGY | 0.012156 | ✓ | | MYLIFE V6.1 06/11/55 144A | 0.012097 | | | CM V6.95 01/28/85 | 0.012089 | | | DUKE ENERGY COR | 0.011273 | ✓ | | USB V3.7 PERP | 0.011181 | ✓ | | TRANSCANADA TRUST REGD V/R 5.60000000 | 0.011125 | ✓ | | Citigroup Inc., Series DD | 0.010957 | ✓ | | Wells Fargo & Co. | 0.010863 | ✓ | | ELECTRICITE DE FRANCE T5Y+NA PERP 144A | 0.010654 | | | C V6.75 PERP EE | 0.010572 | ✓ | | Voya Financial, Inc., Series A | 0.010416 | | | LIBMUT V4.125 12/15/51 144A | 0.010249 | | | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 0.010209 | ✓ | | AMER ELEC PWR | 0.009873 | ✓ | | COF V3.95 PERP M | 0.009756 | ✓ | | Dai-ichi Life Insurance Co., Ltd. (The) | 0.009357 | | | RY 6.35 11/24/2084 | 0.009226 | | | CORPBOND | 0.009123 | ✓ | | Royal Bank of Canada | 0.009108 | | | BMO V6.875 11/26/85 6 | 0.009045 | | | TORONTO-DOMINION BANK/THE JR SUBORDINA 07/84 VAR | 0.008744 | | | CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 10/85 VAR | 0.008707 | | | METLIFE INC JR SUBORDINA 144A 04/68 9.25 | 0.008307 | | | NIPPON LIFE INSURANCE SUBORDINATED 144A 01/51 VAR | 0.008188 | | | DOMINION ENERGY | 0.007955 | ✓ | | C V7.375 PERP Z | 0.007929 | ✓ | | Truist Financial Corp., Series N | 0.007809 | ✓ | | State Street Corp., Series J | 0.007779 | ✓ | | REINSURANCE GRP | 0.007440 | ✓ | | ALLIANT ENERGY | 0.007261 | ✓ | | BP Capital Markets PLC | 0.006926 | ✓ | ## Invesco Variable Rate Preferred ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Invesco Private Prime Fund | 0.057162 | | | Invesco Private Government Fund | 0.022015 | | | Wells Fargo & Co., Series BB | 0.012233 | | | Bank of America Corp. | 0.010924 | ✓ | | JPMorgan Chase & Co., Series OO | 0.010912 | ✓ | | C V6.875 PERP GG | 0.009613 | ✓ | | Citigroup, Inc. 7.875% 10/30/40 | 0.009285 | | | JPMorgan Chase & Co., Series NN | 0.009236 | ✓ | | C V6.625 PERP | 0.009015 | ✓ | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.008970 | ✓ | | BPLN V4.875 PERP | 0.008697 | ✓ | | Goldman Sachs Group, Inc. (The), Series X | 0.008357 | ✓ | | CVS Health Corp. | 0.008258 | | | Bank of America Corp., Series FF | 0.008067 | | | Vodafone Group Public Limited Company | 0.007392 | | | SCHW V4 PERP H | 0.007342 | ✓ | | Wells Fargo & Co. | 0.007339 | ✓ | | The Goldman Sachs Group, Inc. | 0.007192 | ✓ | | C V6.95 PERP FF | 0.007173 | ✓ | | SCHW V4 PERP I | 0.007149 | ✓ | | Bank of America Corp., Series TT | 0.007075 | ✓ | | JPM V3.65 PERP KK | 0.006952 | | | GS V6.85 PERP | 0.006924 | ✓ | | SOUTHERN CO | 0.006570 | ✓ | | Wells Fargo & Co. | 0.006423 | ✓ | | C V7.125 PERP CC | 0.006293 | ✓ | | Truist Financial Corp., Series N | 0.005976 | ✓ | | Bank of America Corp., Series RR | 0.005783 | | | Goldman Sachs Group, Inc. (The), Series W | 0.005556 | | | AXP 3.55 PERP | 0.005551 | ✓ | | Citigroup Inc., Series AA | 0.005540 | | | Citigroup Inc., Series DD | 0.005491 | ✓ | | STT V6.7 PERP I | 0.005482 | ✓ | | NextEra Energy Capital Holdings, Inc. | 0.005430 | | | The PNC Financial Services Group, Inc. | 0.005422 | ✓ | | PG&E CORP SUB (H) 7.375% 03-15-55/30 | 0.005416 | | | C V6.75 PERP EE | 0.005329 | ✓ | | Transcanada Trust Variable Rate, Due 03/15/2077 | 0.005272 | | | JPMorgan Chase & Co., Series II | 0.005257 | | | C V6.25 PERP T | 0.005252 | | | AMER ELEC PWR | 0.005251 | ✓ | | AMER ELEC PWR | 0.005249 | ✓ | | USB V3.7 PERP | 0.005188 | ✓ | | The PNC Financial Services Group, Inc. | 0.005175 | ✓ | | DOMINION ENERGY | 0.005136 | | | ENBRIDGE INC SUBORDINATED 01/84 VAR | 0.005032 | ✓ | | BP CAPITAL PLC | 0.004834 | ✓ | | DOMINION ENERGY | 0.004709 | ✓ | | ALLY FINL. INC F2V | 0.004699 | | | Bell Canada | 0.004593 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-043492` (as of 2026-03-31) - N-PORT (fund B) — accession `0001378872-26-000857` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _