Invesco S&P MidCap 400 GARP ETF
$146.75+2.03 (+1.40%)
- 0.35%
- $614M
- +24.2%
- 0.53%
- 15.4K sh
- low $101.93high $147.73
The ETF.net GRPM Grade
C
Score 52 out of 100
- 56 of 99
Score 52 of 100 falls in the C 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.C42 out of 100Rank 56 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A79 out of 100Rank 46 of 87Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 68 of 99Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D39 out of 100Rank 60 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 62 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 30 of 99
Our read on GRPM
In short
CTake the S&P MidCap 400, then keep only the roughly 60 names that clear a growth-at-a-reasonable-price screen. GRPM is the stock-picker's cut of a midcap index fund, run by rules instead of a manager.
Stated mandate
The Fund invests at least 90% of its assets in securities comprising the S&P MidCap 400 GARP Index. The index targets companies with fundamental growth, reasonable valuations, financial strength and earning power.
Why people hold it
Worth knowing
GRPM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
GRPM$12,421
Returns run to the Nov 2, 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 | GRPM |
|---|---|
| Year to date | +22.8% |
| 1 month | +7.2% |
| 3 months | +8.5% |
| 1 year | +24.2% |
| 3 years | +20.4% |
| 5 years | +9.8% |
| 10 years | +12.6% |
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 | GRPM |
|---|---|---|
| 2026 YTD | +22.8% | |
| 2025 | +7.8% | |
| 2024 | +15.7% | |
| 2023 | +18.8% | |
| 2022 | −11.6% | |
| 2021 | +26.4% | |
| 2020 | +15.6% |
GRPM in the news
GRPM Dividends
- 0.53%
- $0.78
- $0.15 per share
- Quarterly
GRPM Risk
- 18.0%
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.
- 0.92
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.
- −28.1%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
GRPM Cost
Overpaying vs VYM, tied cheapest in US Multifactor
$6,277
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GRPM 0.35%
$7,126
VYM 0.04% Tied cheapest
$849
Cost over time
Year by year
| Year | GRPM | VYM | Overpaying |
|---|---|---|---|
| 10 | $634 | $73 | $561 |
| 20 | $2,454 | $288 | $2,166 |
| 30 | $7,126 | $849 | $6,277 |
Other funds in US Multifactor
- CFLQSFranklin U.S. Small Cap Multifactor Index ETFExpense ratio 0.35%1 year return +18.5%
- CFNXFirst Trust Mid Cap Core AlphaDEX FundExpense ratio 0.62%1 year return +15.4%
- CQGRWWisdomTree U.S. Quality Growth FundExpense ratio 0.28%1 year return +6.6%
- CXSVMInvesco S&P SmallCap Value with Momentum ETFExpense ratio 0.36%1 year return +27.9%
- CBFORBarron's 400 ETFExpense ratio 0.65%1 year return +17.8%
