Invesco S&P 500 GARP ETF (SPGP)
| Assets | $2.42B |
| Expense Ratio | 0.36% |
| PE Ratio | 16.92 |
| Shares Out | 21.62M |
| Dividend (ttm) | $1.38 |
| Dividend Yield | 1.21% |
| Ex-Dividend Date | Sep 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 20.50% |
| Volume | 64,072 |
| Open | 112.70 |
| Previous Close | 112.61 |
| Day's Range | 112.49 - 113.54 |
| 52-Week Low | 84.13 |
| 52-Week High | 115.88 |
| Beta | 1.00 |
| 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
25.09% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 3.14% |
| Expedia Group, Inc. | EXPE | 2.92% |
| Delta Air Lines, Inc. | DAL | 2.79% |
| Arista Networks Inc | ANET | 2.72% |
| United Airlines Holdings, Inc. | UAL | 2.55% |
| Monolithic Power Systems, Inc. | MPWR | 2.42% |
| Uber Technologies, Inc. | UBER | 2.31% |
| Host Hotels & Resorts, Inc. | HST | 2.29% |
| Royal Caribbean Cruises Ltd. | RCL | 2.02% |
| Super Micro Computer, Inc. | SMCI | 1.92% |
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 2.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.16%.
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...
Is Invesco S&P 500 GARP ETF the Smartest Way to Invest in the S&P 500?
The S&P 500 is what just about everyone uses to monitor the performance of the U.S. stock market. That makes sense given its broad representation of the U.S. economy, but does that mean it is the smar...
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...
3 Reasons to Buy This Index Fund and Hold for a Lifetime
When investors think about owning the market, the go-to exchange-traded fund (ETF) or mutual fund is usually an S&P 500 (^GSPC -1.54%) index tracker. That's not a bad call at all, but there are other ...
The Best S&P 500 ETF to Invest $200 In Right Now
As of this writing, the S&P 500 has risen around 27% in 2024. That's an incredible performance.
The Time Is Right for the Invesco S&P GARP ETF's Value-Conscious Approach
The S&P 500 index (^GSPC 0.25%) has risen roughly 33% over the past year, which is a very large increase in a very short period of time. It is hitting all-time highs on a regular basis.
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...
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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...
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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...
How Do You Beat the S&P 500? Buy This ETF That Has Done It in 7 of the Last 10 Years
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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...
3 ETFs Not Named SCHD That I Love for 2024
The Charles Schwab US Dividend Equity ETF (SCHD -0.25%) is a favorite among many dividend investors due to its diversified portfolio and dividend growth. However, there are many great exchange-traded ...
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 ...
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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...
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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...
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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...