Invesco S&P MidCap 400® GARP ETF (GRPM)
The Invesco S&P MidCap 400 GARP ETF seeks to replicate the performance of the S&P MidCap 400® GARP Index by investing at least 90% of its assets in index securities. The index focuses on companies with consistent fundamental growth, reasonable valuation, strong financials, and earning power and is rebalanced semiannually.
ETF Info
ISIN | US46137V2253 |
---|---|
CUSIP | 46137V225 |
Issuer | Invesco |
Inception Date | Dec 3, 2010 |
Category | Mid Cap Blend Equities |
Index Tracked | S&P MidCap 400® GARP Index |
Home Page | www.invesco.com |
Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Invesco S&P MidCap 400® GARP ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GRPM vs. XMHQ, GRPM vs. AVUV, GRPM vs. VO, GRPM vs. VOT, GRPM vs. IVOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco S&P MidCap 400® GARP ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco S&P MidCap 400® GARP ETF had a return of 17.95% year-to-date (YTD) and 36.82% in the last 12 months. Over the past 10 years, Invesco S&P MidCap 400® GARP ETF had an annualized return of 10.61%, while the S&P 500 benchmark had an annualized return of 10.52%, indicating that Invesco S&P MidCap 400® GARP ETF performed slightly bigger than the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 17.95% | 6.92% |
1 month | -3.36% | -2.83% |
6 months | 41.62% | 23.86% |
1 year | 36.82% | 23.33% |
5 years (annualized) | 13.22% | 11.66% |
10 years (annualized) | 10.61% | 10.52% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.05% | 11.70% | 9.76% | |||||||||
2023 | -5.58% | -4.55% | 8.95% | 8.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco S&P MidCap 400® GARP ETF(GRPM)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco S&P MidCap 400® GARP ETF (GRPM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco S&P MidCap 400® GARP ETF granted a 0.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.92 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.92 | $0.94 | $1.07 | $0.88 | $0.89 | $0.84 | $0.83 | $0.73 | $0.58 | $0.68 | $0.65 | $0.84 |
Dividend yield | 0.80% | 0.96% | 1.28% | 0.92% | 1.16% | 1.25% | 1.50% | 1.14% | 1.00% | 1.43% | 1.28% | 1.80% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P MidCap 400® GARP ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.28 | |||||||||
2023 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 |
2022 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.21 |
2021 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.20 |
2020 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 |
2019 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.19 |
2018 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.19 |
2017 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.23 |
2016 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.08 |
2015 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 |
2014 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 |
2013 | $0.09 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P MidCap 400® GARP ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco S&P MidCap 400® GARP ETF was 43.12%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Invesco S&P MidCap 400® GARP ETF drawdown is 3.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-43.12% | Jan 17, 2020 | 45 | Mar 23, 2020 | 161 | Nov 9, 2020 | 206 |
-25.46% | Jul 8, 2011 | 62 | Oct 4, 2011 | 113 | Mar 16, 2012 | 175 |
-23.84% | Sep 21, 2018 | 65 | Dec 24, 2018 | 267 | Jan 16, 2020 | 332 |
-23.01% | Nov 8, 2021 | 226 | Sep 30, 2022 | 303 | Dec 14, 2023 | 529 |
-21.51% | May 22, 2015 | 183 | Feb 11, 2016 | 114 | Jul 26, 2016 | 297 |
Volatility
Volatility Chart
The current Invesco S&P MidCap 400® GARP ETF volatility is 3.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.