Invesco Variable Rate Preferred ETF (VRP) current share price is $24.36. The gold spot price is $4,825.20 per troy ounce. Using the formula: VRP in gold = $24.36 × 31.1035 ÷ $4,825.20 = 0.1570 grams of gold per share.
Over the past 12 years, VRP has a Real Wealth Growth Rate of -10.50% / yr. This means gold has been a better wealth preserver than holding VRP over this period.
"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.
