Key stats
About Invesco S&P SmallCap 600 GARP ETF
Home page
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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Health Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GRPZ trades at 25.88 USD today, its price has risen 3.01% in the past 24 hours. Track more dynamics on GRPZ price chart.
GRPZ net asset value is 25.89 today — it's fallen 0.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GRPZ assets under management is 2.51 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GRPZ price has fallen by −1.99% over the last month, and its yearly performance shows a −6.45% decrease. See more dynamics on GRPZ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.73% over the last month, showed a −1.25% decrease in three-month performance and has increased by 0.22% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.73% over the last month, showed a −1.25% decrease in three-month performance and has increased by 0.22% in a year.
GRPZ fund flows account for 573.27 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GRPZ invests in stocks. See more details in our Analysis section.
GRPZ expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GRPZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GRPZ technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GRPZ shows the neutral signal. See more of GRPZ technicals for a more comprehensive analysis.
Today, GRPZ technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GRPZ shows the neutral signal. See more of GRPZ technicals for a more comprehensive analysis.
Yes, GRPZ pays dividends to its holders with the dividend yield of 0.96%.
GRPZ trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GRPZ shares are issued by Invesco Ltd.
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.
The fund started trading on Mar 27, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.