QTPI vs VRP
North Square RCIM Tax-Advantaged Preferred and Income Securities ETF compared with Invesco Variable Rate Preferred ETF on yield, payout growth, payment schedule, cost and risk.
QTPI
North Square RCIM Tax-Advantaged Preferred and Income Securities ETF
TTM yield · Monthly
VRP
Invesco Variable Rate Preferred ETF
TTM yield · Monthly
Quick take
- VRP yields more today: 5.94% vs 4.38% (forward).
- Both pay every month.
- Over the last year VRP delivered the higher total return: +1.1% vs +0.2% (price change plus payouts).
- VRP is cheaper to own: 0.50% vs 0.60% expense ratio.
- QTPI has the steadier distribution: consistency 79/100 vs 65/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | QTPI | VRP |
|---|---|---|
| Share price | $24.66 | $23.56 |
| TTM yield | 3.99% | 5.94% |
| Forward yield | 4.38% | 5.94% |
| Annual payout per share | $1.08 | $1.40 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 27, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.60% | 0.50% |
| 1-year payout growth | — | -4.0% |
| 5-year payout CAGR | — | +6.6% |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 79/100 | 65/100 |
| 1-year total return | +0.2% | +1.1% |
| 1-year price return | -3.7% | -4.6% |
| Size (market cap / AUM) | 77.5M | 3.0B |
| Years paying | 1.8 | 12.4 |
| Sector / category | Preferred Stock | Preferred Stock |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| QTPI | VRP | |
|---|---|---|
| Shares | 405.6 | 424.4 |
| Income per year | $438 | $594 |
| Income per month (avg) | $37 | $50 |
At forward yields, before taxes. Model QTPI · Model VRP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| QTPI Oct 27, 2026 | Nov 10, 2026 | $0.09 | Est. |
| QTPI Nov 26, 2026 | Dec 10, 2026 | $0.09 | Est. |
| QTPI Dec 26, 2026 | Jan 9, 2027 | $0.09 | Est. |
| VRP Nov 16, 2026 | Nov 30, 2026 | $0.1167 | Est. |
| VRP Dec 14, 2026 | Dec 28, 2026 | $0.1167 | Est. |
| VRP Jan 11, 2027 | Jan 25, 2027 | $0.1167 | Est. |
Annual payouts per share
QTPIVRP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, QTPI or VRP?
VRP currently has the higher trailing yield: QTPI yields 3.99% and VRP yields 5.94%. Yield changes daily with price, so check the live figures above.
How often do QTPI and VRP pay?
QTPI pays every month and VRP pays every month. QTPI's next ex-date is Oct 27, 2026 and VRP's is Nov 16, 2026.
Is QTPI or VRP better for income?
It depends on what you are optimising for. QTPI and VRP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.