SPGP ETF Review: Invesco S&P 500 GARP ETF

SPGP ETF Review

Invesco S&P 500 GARP ETF (SPGP) is based on the S&P 500 Growth at a Reasonable Price Index. The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of approximately 75 securities in the S&P 500 Index that have been identified as having the highest “growth scores” and “quality and value composite scores,” calculated according to the index methodology. The Index constituents are weighted based on their growth scores. The Fund and the Index are rebalanced and reconstituted semi-annually.

Top 10 SPGP Holdings

The top 10 investments of SPGP account for 20.26% of the 77 holdings. This table shows the investment names of the individual holdings that are subject to change.

SPGP Dividend History

SPGP currently has a yield of 1.42% and pays distributions quarterly. Most ETFs will distribute net taxable income to investors at least once a year. This is taxable income if generated from interest, dividends and capital gains by the securities within the ETF. The distributions will either be paid in cash or reinvested in the ETF at the discretion of the manager. This information will be reported in an official tax receipt provided to investors by their broker.

Is SPGP a Good Investment?

SPGP is an unpopular US large-cap ETF with reasonable fees, diverse holdings, average volatility and great performance making it a strong buy. Quickly compare this ETF to similar investments by numerous metrics to decide if this investment will fit into your portfolio.

Manager	ETF	Inception	MER	AUM	Holdings	Beta	P/E	Yield	Distributions	1Y	3Y	5Y	10Y	15Y
	SPDV	2017-11-28	0.29%	$62,489,748	53	0.80	12.94	3.95%	Monthly	5.61%	6.50%	6.77%	N/A	N/A
	LRGC	2023-09-19	N/A	$73,520,000	73	N/A	N/A	N/A	Annually	N/A	N/A	N/A	N/A	N/A
	QGRO	2018-09-10	0.29%	$879,726,671	192	1.11	32.59	0.39%	Quarterly	26.43%	8.59%	16.45%	N/A	N/A
	DIVO	2016-12-14	0.55%	$2,905,158,096	32	0.68	15.74	4.57%	Monthly	13.05%	10.16%	11.69%	N/A	N/A
	AVUS	2019-09-24	0.15%	$6,094,210,827	2308	1.00	17.04	1.40%	Quarterly	14.35%	10.52%	N/A	N/A	N/A
	IWY	2009-09-22	0.20%	$11,959,388,471	110	1.15	42.39	0.58%	Quarterly	35.22%	12.87%	20.95%	16.87%	N/A
	BKLC	2020-04-07	0.00%	$2,418,000,077	506	1.01	28.17	1.35%	Quarterly	29.45%	9.87%	N/A	N/A	N/A
	CDEI	2023-01-30	0.14%	$35,840,000	357	N/A	28.02	1.32%	Quarterly	22.64%	N/A	N/A	N/A	N/A
	CGGR	2022-02-22	0.39%	$4,642,000,000	125	N/A	28.64	0.40%	Semi-Annually	30.39%	N/A	N/A	N/A	N/A
	SCHX	2009-11-03	0.03%	$38,141,469,714	751	1.01	25.06	1.37%	Quarterly	20.80%	9.87%	14.06%	12.39%	N/A
	ESGS	2016-06-13	0.35%	$6,514,616	100	0.85	18.95	2.32%	Quarterly	16.78%	8.96%	11.74%	N/A	N/A
	JEPY	2023-09-18	0.99%	$129,540,000	6	N/A	N/A	N/A	Monthly	N/A	N/A	N/A	N/A	N/A
	DFAC	2021-06-14	0.17%	$26,400,000,000	2667	0.99	19.18	1.14%	Quarterly	22.79%	9.87%	13.03%	10.72%	15.58%
	FDVV	2016-09-12	0.15	$2,520,000,000	123	0.90	11.85	3.31%	Quarterly	17.80%	9.96%	11.65%	N/A	N/A
	FTHI	2014-01-06	0.75%	$539,790,667	185	0.66	18.80	8.36%	Monthly	21.01%	10.61%	6.87%	6.72%	N/A
	ESG	2016-07-13	0.32%	$199,340,000	N/A	1.02	24.12	1.09%	Quarterly	21.31%	10.29%	14.54%	N/A	N/A
	LRGE	2017-05-22	0.59%	$206,650,000	42	1.15	46.59	N/A	N/A	31.53%	6.95%	13.37%	N/A	N/A
	AUSF	2018-08-24	0.27%	$222,150,000	191	0.76	20.96	1.80%	Semi-Annually	29.67%	12.22%	12.53%	N/A	N/A
	JUST	2018-06-07	0.20%	$331,530,000	466	0.99	24.68	1.34%	Quarterly	20.12%	10.33%	14.08%	N/A	N/A
	SPGP	2011-06-16	0.34%	$4,758,400,000	77	0.96	15.96	1.42%	Quarterly	14.81%	6.73%	14.21%	13.95%	N/A
	JEPI	2020-05-20	0.35%	$33,000,000,000	130	0.60	24.98	7.85%	Monthly	15.02%	10.62%	N/A	N/A	N/A
	JHML	2015-09-28	0.29%	$878,100,000	770	0.98	22.63	1.33%	Semi-Annually	26.16%	7.46%	14.30%	N/A	N/A
	PAPI	2023-10-16	0.29%	$ 30,010,000	191	N/A	N/A	N/A	Monthly	N/A	N/A	N/A	N/A	N/A
	SPYI	2022-08-29	0.68%	$1,540,712,551	506	N/A	21.72	11.88%	Monthly	14.01%	N/A	N/A	N/A	N/A
	NULG	2016-12-13	0.26%	$1,500,000,000	64	1.21	44.81	0.39%	Annually	33.46%	10.24%	19.55%	N/A	N/A
	OUSA	2015-07-14	0.48%	$736,478,089	102	0.79	24.16	1.78%	Quarterly	13.26%	10.03%	10.50%	N/A	N/A
	COWZ	2016-12-16	0.49%	$19,893,341,895	103	0.91	8.47	1.93%	Quarterly	19.70%	11.45%	15.56%	N/A	N/A
	NOBL	2013-10-09	0.35%	$11,760,000,000	67	0.88	N/A	2.05%	Quarterly	9.55%	8.72%	10.14%	10.50%	N/A
	PVAL	2021-05-25	0.56%	$487,580,000	44	N/A	16.40	1.52%	Quarterly	35.54%	13.65%	N/A	N/A	N/A
	DIA	1998-01-13	0.16%	$34,227,230,000	30	0.87	23.25	1.74%	Monthly	21.81%	10.08%	10.70%	11.46%	14.63%
	STXG	2022-11-09	0.18%	$52,710,000	699	N/A	35.79	0.54%	Quarterly	29.22%	N/A	N/A	N/A	N/A
	TEQI	2020-08-04	0.54%	$144,600,000	112	0.80	N/A	2.12%	Quarterly	4.15%	10.37%	N/A	N/A	N/A
	MOAT	2012-04-24	0.46%	$12,040,000,000	55	1.02	27.48	0.87%	Annually	15.75%	11.80%	14.46%	12.98%	N/A
	MGK	2007-12-17	0.07%	$13,700,000,000	79	1.20	42.03	0.49%	Quarterly	32.15%	7.81%	16.80%	15.28%	16.57%
	VSDA	2017-04-18	0.40%	$238,560,735	74	0.89	21.99	2.03%	Monthly	16.08%	5.62%	11.42%	N/A	N/A
	JOET	2020-11-17	0.29%	$89,927,599	125	1.04	19.32	1.30%	Quarterly	12.38%	7.97%	N/A	N/A	N/A
	DGRW	2013-05-22	0.28%	$11,953,527,700	299	0.84	24.49	1.72%	Monthly	17.16%	9.81%	12.83%	12.29%	N/A
	USSG	2019-03-06	0.10%	$982,980,000	310	1.03	29.75	1.43%	Quarterly	30.94%	10.15%	16.39%	N/A	N/A

Conclusion

There are risks involved with investing in ETFs, including possible loss of money. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile. Investments focused on a particular sector, such as healthcare, are subject to greater risk, and are more greatly impacted by market volatility than more diversified investments. A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets. Beta is a measure of risk representing how a security is expected to respond to general market movements.