Invesco S&P 500 GARP ETF

Frequently Asked Questions About SPGP

What does SPGP invest in?

The Invesco S&P 500 GARP ETF is designed to track the S&P 500 Growth at a Reasonable Price Index. This fund commits to allocating at least 90% of its total capital to the component securities of its benchmark index. The index itself is composed of approximately 75 stocks from the S&P 500, which are identified based on their leading "growth scores" and "quality and value composite scores," determined by the index's specific methodology. The weighting of each constituent within the index is proportionate to its growth score. Both the ETF and its underlying index are rebalanced and reconstituted twice per year.

What is the expense ratio of SPGP?

Invesco S&P 500 GARP ETF (SPGP) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPGP?

Invesco S&P 500 GARP ETF (SPGP) manages $2.08B 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 SPGP actively managed or an index fund?

SPGP 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 (SPGP's is 0.34%) because there's no security selection cost.

When was SPGP launched?

Invesco S&P 500 GARP ETF (SPGP) launched in June 2011 and is managed by Invesco.

How has SPGP performed?

SPGP'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.