iShares MSCI USA Quality GARP ETF

Frequently Asked Questions About GARP

What does GARP invest in?

This Fund aims to replicate the investment performance of an underlying index. This index is composed of large and mid-sized American companies specifically chosen for their strong growth potential, alongside attractive value and quality attributes.

What is the expense ratio of GARP?

iShares MSCI USA Quality GARP ETF (GARP) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GARP?

iShares MSCI USA Quality GARP ETF (GARP) manages $3.47B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GARP actively managed or an index fund?

GARP is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GARP's is 0.15%) because there's no security selection cost.

When was GARP launched?

iShares MSCI USA Quality GARP ETF (GARP) launched in January 2020 and is managed by IShares.

How has GARP performed?

GARP's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.