Key stats
About Invesco S&P SmallCap 600 GARP ETF
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Inception date
Mar 27, 2024
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.
ISIN
US46138G4414
GRPZ provides concentrated exposure to the US small-cap space through the GARP (growth at a reasonable price) approach. The fund seeks to include small-cap growth stocks with perceived quality and value characteristics. Starting with the S&P SmallCap 600 Index, the fund initially selects 180 stocks with the highest growth score, derived from trailing three-year earnings and sales per share growth. The top half of these securities are then picked based on a quality and value composite score, calculated using financial leverage ratio, return on equity, and earnings-to-price valuation. The resulting portfolio consists of 90 stocks weighted by their respective growth scores, with individual security weights capped at 5% and each sector capped at 40%. The index is rebalanced semi-annually on the third Friday of June and December.
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
Finance
Producer Manufacturing
Health Technology
Stocks99.86%
Finance16.27%
Producer Manufacturing10.86%
Health Technology10.11%
Consumer Durables9.41%
Industrial Services8.89%
Technology Services6.54%
Transportation5.89%
Consumer Services4.91%
Retail Trade4.86%
Process Industries4.31%
Commercial Services3.82%
Electronic Technology3.37%
Non-Energy Minerals3.18%
Distribution Services3.17%
Consumer Non-Durables2.34%
Energy Minerals1.95%
Bonds, Cash & Other0.14%
Mutual fund0.14%
Cash0.00%
Stock breakdown by region
North America99.04%
Europe0.96%
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
GRPZ invests in stocks. The fund's major sectors are Finance, with 16.27% stocks, and Producer Manufacturing, with 10.86% of the basket. The assets are mostly located in the North America region.
GRPZ top holdings are Worthington Steel, Inc. and Clear Secure, Inc. Class A, occupying 2.45% and 2.14% of the portfolio correspondingly.
GRPZ last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 20.76% increase.
GRPZ assets under management is 2.71 M USD. It's risen 9.83% over the last month.
GRPZ fund flows account for 583.35 K 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, GRPZ pays dividends to its holders with the dividend yield of 0.97%. The last dividend (Jun 27, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
GRPZ shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Mar 27, 2024, and its management style is Passive.
GRPZ expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
GRPZ follows the S&P SmallCap 600 GARP Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GRPZ invests in stocks.
GRPZ price has risen by 8.67% over the last month, and its yearly performance shows a 2.24% increase. See more dynamics on GRPZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.73% over the last month, showed a 13.55% increase in three-month performance and has increased by 4.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.73% over the last month, showed a 13.55% increase in three-month performance and has increased by 4.73% in a year.
GRPZ trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.