Key stats
About iShares MSCI USA Quality GARP ETF
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Inception date
Jan 14, 2020
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
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46436E4035
GARP focuses on large- and mid-cap US growth stocks that exhibit value and quality traits, or growth at a reasonable price. The selection process begins with the MSCI USA Index, where each stock is assigned a growth score based on five criteria: long-term and short-term forward EPS growth rates, historical EPS and sales per share growth trends, and current internal growth rate. Stocks with higher growth scores are selected until they represent approximately 50% of the parent index. Each stock receives a tilt score, which considers value (P/B, forward P/E, and EV/CFO) and quality (ROE, D/E, and earnings variability) metrics relative to its sector. The portfolio is then tilted toward securities that score favorably on both metrics, with weights adjusted for portfolio diversification. Index rebalancing is done quarterly. Before June 3, 2024, the fund was named iShares Factors US Growth Style ETF under the ticker STLG and tracked the Russell US Large Cap Factors Growth Style Index.
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
Technology Services
Electronic Technology
Finance
Stocks99.85%
Technology Services32.59%
Electronic Technology26.95%
Finance10.99%
Consumer Services5.37%
Health Technology5.33%
Producer Manufacturing5.33%
Retail Trade4.07%
Transportation3.44%
Industrial Services1.60%
Energy Minerals1.48%
Non-Energy Minerals1.18%
Commercial Services0.57%
Utilities0.47%
Distribution Services0.23%
Miscellaneous0.16%
Process Industries0.10%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
North America97.59%
Latin America1.99%
Europe0.42%
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
GARP invests in stocks. The fund's major sectors are Technology Services, with 32.59% stocks, and Electronic Technology, with 26.95% of the basket. The assets are mostly located in the North America region.
GARP top holdings are Apple Inc. and Adobe Inc., occupying 5.14% and 5.01% of the portfolio correspondingly.
GARP last dividends amounted to 0.04 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 21.55% decrease.
GARP assets under management is 650.90 M USD. It's risen 6.62% over the last month.
GARP fund flows account for 473.78 M 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, GARP pays dividends to its holders with the dividend yield of 0.33%. The last dividend (Jun 20, 2025) amounted to 0.04 USD. The dividends are paid quarterly.
GARP shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jan 14, 2020, and its management style is Passive.
GARP expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
GARP follows the MSCI USA Quality GARP Select Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GARP invests in stocks.
GARP price has risen by 1.02% over the last month, and its yearly performance shows a 25.34% increase. See more dynamics on GARP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.73% over the last month, showed a 7.61% increase in three-month performance and has increased by 19.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.73% over the last month, showed a 7.61% increase in three-month performance and has increased by 19.88% in a year.
GARP trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.