Invesco S&P SmallCap 600 GARP ETF
$31.28+0.00 (+0.00%)
- Expense ratio
- 0.35%
- Fund size
- $3M
- 1Y return
- +16.5%
- Yield · Last 12 months
- 0.85%
- Holdings
- 87
- Volume · 30D
- 0M sh
- NAV per share
- $31.47
- 52W range
The ETF.net GRPZ Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 22Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 52Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 13Category rank
Our read on GRPZ
DMost S&P SmallCap 600 funds hand you all 600 names. GRPZ runs that list through a growth-at-a-reasonable-price screen and keeps roughly 90 stocks that rank well on growth, quality and value.
The Fund seeks exposure to the S&P SmallCap 600 GARP Index, investing at least 90% of assets in its constituent securities. The index selects small-cap stocks with relatively high quality and value composite scores.
Why people hold it
- The GARP screen is the whole point: the index sorts the 600 on growth, then on a quality and value composite, and the fund holds the survivors, roughly 90 stocks.invesco.com
- Tight mandate: at least 90% of assets sit in index constituents, so what you own is the rulebook, not a manager's judgment calls.
- Three factors in one wrapper (growth, quality, value) tracking a mainstream S&P Dow Jones index, and it pays quarterly.
Worth knowing
- It charges 0.35%. Plain trackers of the same 600, such as SPSM, IJR and VIOO, have long sat among the cheapest funds on the market.
- Small asset base and thin trading, so the spread you pay getting in and out can matter as much as the expense ratio.
- Roughly 90 names instead of 600, and a 2024 launch: results can drift well away from the broad small-cap index, with little history to study.
GRPZ Holdings
- Stocks
- 87
- 19%
- INSP
Sectors
- Financials26.6%
- Health Care17.6%
- Technology14.3%
- Cons. Staples10.0%
- Industrials10.0%
- Consumer Discr.9.7%
- Energy4.4%
- Real Estate3.9%
- Communication3.6%
Geography
- United States96.56%
- Bermuda2.38%
- Puerto Rico1.06%
GRPZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | GRPZ |
|---|---|
| Year to date | +18.5% |
| 1 month | −5.9% |
| 3 months | +2.4% |
| 1 year | +16.5% |
| 3 years | — |
| 5 years | — |
| 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 | GRPZ |
|---|---|---|
| 2026 YTD | +18.5% | |
| 2025 | +3.1% | |
| 2024 | +4.3% |
GRPZ in the news
ETF.net Research hasn’t filed on GRPZ yet — coverage lands here as it’s written.
GRPZ Dividends
- 0.85%
- $0.26
- $0.04 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.04 |
| Jun 22, 2026 | Jun 26, 2026 | $0.09 |
| Mar 23, 2026 | Mar 27, 2026 | $0.07 |
| Dec 22, 2025 | Dec 26, 2025 | $0.06 |
| Sep 22, 2025 | Sep 26, 2025 | $0.06 |
| Jun 23, 2025 | Jun 27, 2025 | $0.07 |
| Mar 24, 2025 | Mar 28, 2025 | $0.06 |
| Dec 23, 2024 | Dec 27, 2024 | $0.05 |
| Sep 23, 2024 | Sep 27, 2024 | $0.08 |
| Jun 24, 2024 | Jun 28, 2024 | $0.06 |
GRPZ Risk
- 18.8%
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.
- 0.47
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.
- −27.9%
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.
- 0.84
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GRPZ Cost
- The middle half of S&P SmallCap 600 funds
- Median 0.15%
9 of the 13 S&P SmallCap 600 funds charge less.