Invesco S&P 500 GARP ETF (SPGP)
| Assets | $2.63B |
| Expense Ratio | 0.36% |
| PE Ratio | 17.66 |
| Shares Out | 23.18M |
| Dividend (ttm) | $1.38 |
| Dividend Yield | 1.21% |
| Ex-Dividend Date | Sep 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 21.37% |
| Volume | 96,260 |
| Open | 113.59 |
| Previous Close | 113.63 |
| Day's Range | 113.25 - 114.18 |
| 52-Week Low | 84.13 |
| 52-Week High | 115.88 |
| Beta | 1.01 |
| Holdings | 78 |
| Inception Date | Jun 16, 2011 |
About SPGP
Fund Home PageThe Invesco S&P 500 GARP ETF (SPGP) is an exchange-traded fund that is based on the S&P 500 GARP index. The fund tracks an index of S&P 500 stocks selected by growth, quality and value traits, and weighted by growth. SPGP was launched on Jun 16, 2011 and is issued by Invesco.
Top 10 Holdings
26.49% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 3.14% |
| Super Micro Computer, Inc. | SMCI | 3.13% |
| Arista Networks Inc | ANET | 3.08% |
| Delta Air Lines, Inc. | DAL | 2.66% |
| Monolithic Power Systems, Inc. | MPWR | 2.66% |
| United Airlines Holdings, Inc. | UAL | 2.53% |
| Uber Technologies, Inc. | UBER | 2.47% |
| Expedia Group, Inc. | EXPE | 2.43% |
| Royal Caribbean Cruises Ltd. | RCL | 2.27% |
| Host Hotels & Resorts, Inc. | HST | 2.12% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 22, 2025 | $0.15895 | Sep 26, 2025 |
| Jun 23, 2025 | $0.35006 | Jun 27, 2025 |
| Mar 24, 2025 | $0.4635 | Mar 28, 2025 |
| Dec 23, 2024 | $0.40276 | Dec 27, 2024 |
| Sep 23, 2024 | $0.32533 | Sep 27, 2024 |
| Jun 24, 2024 | $0.33607 | Jun 28, 2024 |
Performance
SPGP had a total return of 9.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.46%.
News
GARP- Better Than SPGP, But Quality Doesn't Come Cheap
The iShares MSCI USA Quality GARP ETF (GARP) has outperformed the S&P 500 and MSCI USA index this year, delivering nearly 20% YTD returns. GARP's strategy combines growth, value, and quality metrics, ...
SPGP: Not A Long Term Investment, Maybe A Short-Term Hedge
Invesco S&P 500 GARP ETF is rated a hold due to consistent underperformance versus the S&P 500 and higher fees. SPGP's GARP strategy leads to high portfolio turnover, sector concentration in cyclicals...
SPGP: Growth With Attractive Valuations
SPGP blends growth with attractive valuations, offering a mid-cap and sector-diversified alternative to mega-cap heavy growth funds. The fund trades at a significant discount to peers, with strong his...
SPGP: Not Exactly The Best GARP Pick For Your Portfolio
SPGP starts with strong foundations and an intriguing GARP selection strategy. The selection results offer a mix of low P/E ratios, positive EPS CAGR, and competitive ROE. But the lack of a forward-lo...
SPGP: A GARP ETF That Doesn't Pass The Growth Test (Rating Downgrade)
SPGP targets 75 S&P 500 Index stocks with attractive growth-at-a-reasonable-price metrics. Its expense ratio is 0.75% and the ETF has $2.80 billion in assets under management. The Index relies on thre...
SPGP: The Broadening Theme Benefits This GARP ETF
Investors are shifting towards value stocks, benefiting sectors like Financials, Health Care, and Materials, which supports a buy rating on SPGP. Invesco S&P 500 GARP ETF focuses on 'growth at a reaso...
SPGP: Balancing Growth And Value, But Falling Short
SPGP aims to balance growth and value by investing in reasonably priced growth stocks but has underperformed other growth-focused ETFs over the long term. The fund's higher exposure to value stocks (5...
SPGP: Different From Other Growth ETFs
The Invesco S&P 500 GARP ETF (SPGP) offers growth with low valuation multiples, leaning away from tech and healthcare and overweight in energy. SPGP's portfolio may struggle to deliver competitive gro...
Undercovered Dozen ETF Edition: China, Bitcoin, Cybersecurity, Motley Fool +
This ETF Edition highlights 12 less covered exchange-traded fund ideas on Seeking Alpha from June 1st - July 15th. ETFs in our first edition include Saba Closed-End Funds, iShares 20+ Year Treasury Bo...
SPGP: The GARP Claims Check Out, But A Big Energy Bet
SPGP is a multi-billion-dollar ETF with a portfolio of stocks with solid profitability trends, holding a 25% weight in the Energy sector. It is a large ETF with a low P/E ratio, high resource-sector e...
Limit Buying Bonanza: 5 Blue Chips I Just Bought And 2 I Sold
On Monday, June 10, I bought shares of five blue chips and sold two. British American Tobacco's fundamentals remain strong, with expected sales growth and potential for an upgrade in credit rating by ...
SPGP: A Great Dividend ETF Bargain For Today's Economy
The Invesco S&P 500 GARP ETF is a potentially excellent buy for today's economy, offering a combination of value, quality, and growth. The ETF's strategy is methodical and has delivered strong histori...
Building A 4% Yielding Sleep Well At Night Retirement Portfolio With 16 Blue-Chip Stocks And ETFs
Building the right portfolio for your needs is essential to achieving your goals. With a great portfolio strategy, you can become confident in achieving your dreams. This article highlights the ZEUS p...
SPGP: GARP Strategy Is Overweight The Energy And Materials Sectors
The Invesco S&P 500 GARP ETF invests in stocks that present a combination of strong growth and an attractive valuation.
SPGP: A Mixed Bag With A Higher Risk Profile
Invesco S&P 500 GARP ETF focuses on large-cap stocks with strong growth, quality, and value characteristics.
SPGP: Striking The Right Balance Between Growth, Value, And Quality
SPGP is a growth-at-a-reasonable-price fund that aims to balance the growth and value factors. Uniquely, SPGP is also a high-quality fund due to two crucial screens. The ETF has a $143 billion weighte...
SPGP: Not Very Reasonable
The Invesco S&P 500 GARP ETF has successfully utilized a growth at a reasonable price (GARP) strategy, but currently has an expensive valuation. The ETF has historically outperformed the S&P 500 but m...
SPGP: A Rare Market-Beating Fund That Focuses On Growth At Reasonable Prices
Invesco S&P 500 GARP ETF aims to beat total market returns by investing in reasonably priced growth stocks within the S&P 500 index. The fund has outperformed the S&P 500 index significantly over the ...
Our Core U.S. Fundamental ETFs
Rules-Based ETFs for Core U.S. Fundamental Allocation. Fundamental Metrics vs SPY. Detailed Comparison of Investment Strategies.
How I'd Invest $2.5 Million Right Now
My family has been rocked by an unrelenting string of medical and life crises. Fortunately, my family's charity hedge fund is saving us from bankruptcy and despair. I've updated my family's ZEUS Incom...
Forget The Nasdaq And Buy SPGP Instead
Invesco NASDAQ 100 ETF is a fund that lucked into incredible ten and 15-year returns. Long-term, it's expected to deliver 13% to 14% returns, but is currently 30% overvalued. In contrast, growth at a ...
SPGP: Exceptional Returns From GARP Investing
The Invesco S&P 500 GARP ETF combines tenets of growth and value investing strategies into a 'GARP' fund. The SPGP ETF has delivered exceptional returns in its short history and has outperformed the S...
SPGP: This S&P 500 GARP ETF Indicates Growth Stocks Are Overvalued
SPGP tracks the S&P 500 GARP Index, selecting 75 stocks based on five factors relating to sales growth, earnings growth, financial leverage, ROE, and earnings-to-price ratios. The Index reconstitutes ...
SPGP Looks Less Attractive Than QQQM And SCHG
Invesco S&P 500 GARP ETF is likely to underperform the S&P 500 in 2023; SCHG or QQQM are preferable alternatives. I believe there is a strong likelihood that the stock market will emerge from a bear m...
18 World-Beater Blue Chips For The Ultimate High-Yield Retirement Portfolio
World-beater blue chips are the best way for regular people like you and me to achieve our financials dreams. Over 50 years of market data shows there is an optimal asset allocation for earning good t...
SPGP ETF: Will It Continue To Outperform The Market?
Invesco S&P 500 GARP ETF has significantly outperformed the market over the past decade by combining value and growth-factor loading. Its current valuation metrics indicate an attractive value proposi...
5 Dividend ETFs That Could Change Your Life And The World
Five world-beater dividend exchange-traded funds exist that create a balanced and diversified blue-chip portfolio of the 935 best companies on earth. They yield 1.8% and have historical and future exp...
The 2 Best Market-Beating Dividend ETFs You've Never Heard Of
I've spent eight years researching how to build the ultimate high-yield income growth portfolio to make my family's dreams come true. The ZEUS Income Growth portfolio is the result, my family hedge fu...
SPGP: Growth Estimates A Concern After Last Month's Reconstitution
SPGP's Index reconstituted last month, effectively reversing many of the changes from June. Health Care exposure increased by 9%, while Financials dipped about the same. Volatility increased for the s...
This fund beats the S&P 500 by using just 75 of its components. Here's how it works.
What worked well during the years-long bull market through 2021 — a focus on growth, regardless of price — has ground to a halt this year. The rebirth of the value style of investing — and modest valu...
SPGP: 'GARP' ETF Has Opposite Strategy Of ARK Funds
Invesco's SPGP ETF is focused on GARP, or "growth at a reasonable price". That is pretty much the opposite of the ARK funds' strategy of "growth at any price" ("GAAP"). And it has arguably been much m...
SPGP: Risky Financials Now Define This GARP ETF
SPGP underwent big changes recently. Financials now make up over 27% of the ETF, followed by Health Care at 18% and Technology at 15%. These changes reflect the substantial declines the market experie...
Look To SPGP For Robust Portfolio Diversification
Investors have had the message that index investing is the best way to invest drummed into their heads for decades. However, the market cap-weighted indices which serve as the basis for many index ETF...
Invesco S&P 500 GARP ETF: Now A Value ETF, And Not A Great One Either
SPGP employs a growth-at-a-reasonable-price strategy for large-cap S&P 500 stocks. Management fees are 0.36% annually, and the ETF has an impressive long-term history. My analysis will show that signi...
SPGP Will Likely Continue To Outperform The S&P 500
Over the past 10 years, SPGP has crushed the S&P 500 by constantly investing in companies with high growth at an attractive valuation. SPGP offers investors a good alternative to the S&P 500 and to ot...
SPGP: Why Growth Investors Should Go For GARP
SPGP looks to buy above-average growing companies at a reasonable price. The Index just reconstituted, and it indeed is a cheaper alternative to growth ETFs. Growth-at-a-reasonable-price opportunities...
SPGP: Great Performance And Fundamentals Make This Fund A Buy
The Invesco S&P 500 GARP ETF will be attractive to investors not wanting to decide between investing for value, growth, or quality. The S&P 500 GARP Index has produced better returns than the S&P 500 ...
Best And Worst Q3 2021: All Cap Growth ETFs And Mutual Funds
The All Cap Growth style ranks ninth in Q3'21. Based on an aggregation of ratings of 29 ETFs and 486 mutual funds in the All Cap Growth style.
SPGP: The Power Of Growth At A Reasonable Price Strategy
Established in 2011, SPGP tracks the S&P 500 Growth at a Reasonable Price Index. This benchmark uses a smart-beta approach by weighting its constituents according to their growth profiles. SPGP is sli...