Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Invesco S&P SmallCap 600 GARP ETF
$31.060.00 (0.00%)
- 0.35%
- $3M
- +23.5%
- 0.85%
- 0M sh
- $31.01
- low $25.13high $33.86
The ETF.net GRPZ Grade
D
Score 39 out of 100
- 11 of 13
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 39
- This cap took
- −0
- Published Score
- 39
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 10 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.B62 out of 100Rank 13 of 13Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 10 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 7 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D31 out of 100Rank 12 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F13 out of 100Rank 12 of 13
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
- 89
- 19%
- INSP
Sectors
- Financials27.2%
- Health Care19.0%
- Industrials12.8%
- Technology11.6%
- Consumer Staples10.0%
- Consumer Discretionary8.4%
- Energy4.2%
- Real Estate3.5%
- Communication2.4%
- Materials1.0%
Geography
- United States96.36%
- Bermuda2.47%
- Puerto Rico1.17%
GRPZ 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.Not enough history yet.Not enough history yet.
GRPZ$12,355
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 | GRPZ |
|---|---|
| Year to date | +17.7% |
| 1 month | −2.5% |
| 3 months | −3.6% |
| 1 year | +23.5% |
| 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 | +17.7% | |
| 2025 | +3.1% | |
| 2024 | +4.3% |
GRPZ in the news
GRPZ Dividends
- 0.85%
- $0.26
- $0.04 per share
- Quarterly
Distribution history
GRPZ Risk
- 19.2%
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.
- 0.29
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
0.35%
GRPZ0.35%
- The middle half of S&P SmallCap 600 funds
- Median 0.15%
9 of the 13 S&P SmallCap 600 funds charge less.
Other funds in S&P SmallCap 600
- BQVMSInvesco S&P SmallCap 600 QVM Multi-factor ETFExpense ratio 0.15%1 year return +22.1%
- BIJSiShares S&P Small-Cap 600 Value ETFExpense ratio 0.18%1 year return +23.8%
- CRZGInvesco S&P SmallCap 600 Revenue ETFExpense ratio 0.35%1 year return +20.2%
- CRWJInvesco S&P SmallCap 600 Revenue ETFExpense ratio 0.39%1 year return +24.8%
- DSCOWPacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETFExpense ratio 0.59%1 year return +14.4%