SPGP
Invesco S&P 500 GARP ETF
SPGP tracks the S&P 500 Growth at a Reasonable Price Index. It is composed of 75 stocks in the S&P500 that have been identified as having the highest growth scores and quality & value composite scores.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 2.2 B
ASSETS UNDER MGMT
34 bp
EXPENSES
Fund Basics
| Inception date | Jun 16, 2011 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HOST HOTELS & RESORTS INC | 3.1 % |
| MONOLITHIC POWER SYSTEMS INC | 2.9 % |
| FORTINET INC | 2.8 % |
| NVIDIA CORP | 2.8 % |
| DELTA AIR LINES INC | 2.7 % |
| ARISTA NETWORKS, INC. | 2.5 % |
| ROYAL CARIBBEAN CRUISES LTD | 2.3 % |
| CARNIVAL CORPORATION LTD | 2.2 % |
| AIRBNB, INC. CLASS A | 2.2 % |
| NORTHERN TRUST CORP | 2.2 % |
Constituent Breakdown
| Number of holdings | 76 |
| Herfindahl-Hirschman Index | 164 |
| Wgt avg mkt cap (mns) | $311,249 |
| Large cap (>$10bn) | 97.1% |
| Mid cap ($2-10bn) | 0.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 97.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.0 % |
 |
BERMUDA | 1.5 % |
 |
IRELAND | 1.3 % |
 |
SWITZERLAND | 1.0 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.1% | 11.1% | 9.6% | 9.9% | 6.2% | 13.9% | -- | 12.9% |
| Dividend Yield | 0.6% | 1.0% | 1.3% | 1.4% | 1.3% | 1.3% | -- | 1.4% |
| Total Returns | 10.7% | 12.1% | 10.9% | 11.3% | 7.5% | 15.2% | -- | 14.3% | Ann. Volatility | 16.3% | 15.4% | 18.9% | 17.6% | 18.7% | 21.2% | -- | 19.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.96 | 64% |
| MSCI EAFE | 0.68 | 47% |
| MSCI Emg Mkts | 0.33 | 28% |
Liquidity Measures
| Avg. volume (000) | 84 |
| ADV traded (mns) | $10 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.05% |
Technical Indicators
| 30d moving avg. (EMA) | $125.41 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 1.70/1.56 |
| Bollinger Bands (Upper/Lower) | $131.36/$120.29 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPGP |
Expenses vs. SPGP |
ALTAR Score™ vs. SPGP |
|---|---|---|---|---|
| JOET | Virtus Terranova US Quality Momentum ETF | 27.4% | -5 bp | -2.6% |
| RDVY | First Trust Rising Dividend Achievers ETF | 26.8% | +16 bp | -1.6% |
| FTGS | First Trust Growth Strength ETF | 26.0% | +26 bp | -2.8% |
| RSPF | Invesco S&P 500 Equal Weight Financials ETF | 23.8% | +6 bp | -0.5% |
| ROE | Astoria US Quality Kings ETF | 22.8% | +15 bp | -0.8% |
| RPG | Invesco S&P 500 Pure Growth ETF | 22.2% | +1 bp | -2.5% |
| QUAL | iShares MSCI USA Quality Factor ETF | 21.5% | -19 bp | -2.2% |
| PSET | Principal Quality ETF | 20.4% | -19 bp | -1.5% |
| SPHB | Invesco S&P 500 High Beta ETF | 20.2% | -9 bp | -3.4% |
| DUHP | Dimensional US High Profitability ETF | 20.1% | -13 bp | -0.8% |
Risk and Returns: SPGP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.3%
ALTAR SCORE™
86th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,408 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. SPGP's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places SPGP in the 86th percentile
among funds in the category.
Sell-Side Consensus
$140.92
PRICE TARGET
+12.9%
UPSIDE