iShares MSCI USA Quality GARP ETF
$85.71−0.37 (−0.43%)
- 0.15%
- $3.6B
- +33.6%
- 0.24%
- 0.4M sh
- $86.84
- low $61.25high $88.15
The ETF.net GARP Grade
B
Score 69 out of 100
- 6 of 30
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A81 out of 100Rank 5 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A82 out of 100Rank 8 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 18 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 6 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 27 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 12 of 30
Our read on GARP
BGrowth at a reasonable price is usually a stock-picker's discipline. GARP hard-codes it: US large and mid caps screened for growth, then filtered for value and quality, roughly 130 names, at a fee under the factor-fund norm.
The fund seeks to track an index of U.S. growth stocks that exhibit favorable value and quality characteristics.
Why people hold it
- Fee of 0.15% runs at roughly half the 0.28% median for its US factor peer group, and undercuts iShares' own SUSA at 0.25%.
- Three screens, one ticker: MSCI ranks US large and mid cap growth stocks, then keeps the ones with favorable value and quality marks.ishares.com
- Rules first: holdings come from the MSCI USA Quality GARP Select Index, a disclosed rulebook rather than a manager's call on what counts as reasonably priced.ishares.com
- A multi-billion-dollar iShares fund that pays quarterly, and one of the better-standing options in its US factor cohort.
Worth knowing
- Roughly 130 names drawn from a growth universe: a concentrated slice of the US market, not a broad-market core.
- Value and quality act as filters on a growth list, not the starting point, so it sits nearer growth funds than a deep value sleeve.
- Launched in 2020 and moderately traded rather than a volume giant, so spreads are worth checking, especially on larger orders.
GARP Holdings
- Stocks
- 134
- 44%
- MSFT
Geography
- United States97.21%
- Uruguay1.90%
- Singapore0.36%
- Cayman Islands0.29%
- Australia0.15%
- United Kingdom0.09%
GARP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
GARP$13,364
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GARP |
|---|---|
| Year to date | +26.6% |
| 1 month | +3.7% |
| 3 months | +5.7% |
| 1 year | +33.6% |
| 3 years | +33.1% |
| 5 years | +19.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GARP |
|---|---|---|
| 2026 YTD | +26.6% | |
| 2025 | +21.5% | |
| 2024 | +37.4% | |
| 2023 | +42.9% | |
| 2022 | −26.7% | |
| 2021 | +28.0% | |
| 2020 | +26.5% |
GARP in the news
GARP Dividends
- 0.24%
- $0.21
- $0.05 per share
- Quarterly
Distribution history
GARP Risk
- 17.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −30.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GARP Cost
0.15%
GARP0.15%
- The middle half of US Factor Index funds
- Median 0.30%
4 of the 30 US Factor Index funds charge less.
Other funds in US Factor Index
- ASUSAiShares ESG Optimized MSCI USA ETFExpense ratio 0.25%1 year return +20.4%
- ADXUVU.S. Vector Equity Portfolio ETF Class SharesExpense ratio 0.26%1 year return +21.8%
- BDGRWWisdomTree U.S. Quality Dividend Growth FundExpense ratio 0.28%1 year return +15.5%
- BSPMOInvesco S&P 500 Momentum ETFExpense ratio 0.13%1 year return +27.1%
- BMMTMState Street SPDR S&P 1500 Momentum Tilt ETFExpense ratio 0.12%1 year return +11.6%