Key stats
About Invesco S&P 500 GARP ETF
Home page
Inception date
Jun 16, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
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
Finance
Electronic Technology
Stocks99.81%
Energy Minerals22.17%
Finance17.83%
Electronic Technology10.43%
Technology Services8.94%
Retail Trade6.80%
Transportation4.85%
Non-Energy Minerals4.68%
Consumer Non-Durables4.39%
Process Industries4.37%
Distribution Services3.78%
Producer Manufacturing3.41%
Consumer Durables2.40%
Consumer Services1.47%
Miscellaneous1.34%
Health Services1.15%
Health Technology0.92%
Industrial Services0.87%
Bonds, Cash & Other0.19%
Mutual fund0.19%
Cash−0.00%
Stock breakdown by region
North America95.96%
Europe4.04%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPGP invests in stocks. The fund's major sectors are Energy Minerals, with 22.17% stocks, and Finance, with 17.83% of the basket. The assets are mostly located in the North America region.
SPGP top holdings are NVIDIA Corporation and Marathon Petroleum Corporation, occupying 2.70% and 2.62% of the portfolio correspondingly.
SPGP last dividends amounted to 0.46 USD. The quarter before, the issuer paid 0.40 USD in dividends, which shows a 13.10% increase.
SPGP assets under management is 2.80 B USD. It's fallen 4.58% over the last month.
SPGP fund flows account for −2.08 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPGP pays dividends to its holders with the dividend yield of 1.46%. The last dividend (Mar 28, 2025) amounted to 0.46 USD. The dividends are paid quarterly.
SPGP shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jun 16, 2011, and its management style is Passive.
SPGP expense ratio is 0.36% meaning you'd have to pay 0.36% of your investment to help manage the fund.
SPGP follows the S&P 500 GARP Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPGP invests in stocks.
SPGP price has risen by 0.79% over the last month, and its yearly performance shows a 0.59% increase. See more dynamics on SPGP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.89% over the last month, showed a 5.42% increase in three-month performance and has increased by 4.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.89% over the last month, showed a 5.42% increase in three-month performance and has increased by 4.13% in a year.
SPGP trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.