VRIG: Cash's Chill Git Stash – 4.8% Yield, 7.2-Month Flips Beat Your Buggy Merge Conflicts

Binary Tree Analytics reaffirmed its "Hold" rating on the Invesco Variable Rate Investment Grade ETF (VRIG) due to its solid performance. With a low duration profile and 4.8% SEC yield, VRIG offers a 100 basis point excess spread over T-Bills. The ETF's portfolio turns over every 7.2 months, making it a suitable short-term parking spot for cash. As of now, VRIG has posted robust results over the past three years, despite a disappointing performance during the April 2022 market turmoil, according to Binary Tree Analytics' analysis published on Seeking Alpha.