Key stats
About Invesco S&P 500 GARP ETF
Expense ratio
0.34%
Home page
Inception date
Jun 16, 2011
SPGP seeks growth stocks that also contain quality and value traits, or growth at a reasonable price. Starting from the S&P 500, the underlying index selects 150 names with the highest growth score, derived from trailing 3-year earnings to price growth and sales to price growth. It then picks the top half of these based on a quality and value score, using financial leverage ratio, return on equity and earnings to price. The resulting 75 names are weighted by the growth score. The underlying index undergoes semi-annual rebalance and reconstitution, subject to certain constraints. The maximum weight of each security is 5% while the maximum weight of any given GICS sector is 40%. Prior to June 24, 2019, the fund tracked a Russell pure growth index (perhaps the opposite of GARP in growth context) under a different name and ticker (PXLG).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Electronic Technology
Finance
Retail Trade
Stocks99.92%
Energy Minerals22.77%
Electronic Technology12.54%
Finance11.09%
Retail Trade10.37%
Producer Manufacturing7.51%
Technology Services6.06%
Non-Energy Minerals4.68%
Transportation4.56%
Distribution Services3.73%
Process Industries3.63%
Consumer Durables3.17%
Commercial Services2.74%
Industrial Services2.33%
Consumer Non-Durables1.92%
Health Technology1.75%
Health Services1.07%
Bonds, Cash & Other0.08%
Mutual fund0.08%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history