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
US46137V2253
46137V225
Dec 3, 2010
1x
S&P MidCap 400® GARP Index
Mid-Cap
Blend
Expense Ratio
GRPM has an expense ratio of 0.35%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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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 (GRPM) returned -8.86% year-to-date (YTD) and -11.36% over the past 12 months. Over the past 10 years, GRPM returned 8.17% annually, underperforming the S&P 500 benchmark at 10.26%.
GRPM
-8.86%
9.05%
-11.93%
-11.36%
16.10%
8.17%
^GSPC (Benchmark)
-4.67%
10.50%
-3.04%
8.23%
14.30%
10.26%
Monthly Returns
The table below presents the monthly returns of GRPM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.22% | -5.49% | -2.55% | -4.26% | 2.12% | -8.86% | |||||||
| 2024 | -0.05% | 11.70% | 9.76% | -5.99% | 4.52% | -2.95% | 6.80% | -3.58% | -0.37% | -2.13% | 9.38% | -9.88% | 15.67% |
| 2023 | 10.21% | -1.79% | -3.65% | -0.82% | -2.92% | 9.02% | 4.43% | -2.53% | -5.58% | -4.55% | 8.95% | 8.57% | 18.80% |
| 2022 | -5.88% | 0.85% | 1.42% | -7.22% | 1.18% | -9.57% | 10.95% | -3.50% | -9.68% | 11.44% | 6.20% | -5.54% | -11.64% |
| 2021 | 2.35% | 7.66% | 5.72% | 3.49% | 1.27% | -1.50% | -0.16% | 1.75% | -3.29% | 5.12% | -3.29% | 5.21% | 26.35% |
| 2020 | -3.79% | -10.24% | -22.20% | 17.93% | 7.47% | 2.02% | 3.43% | 4.54% | -4.01% | 2.73% | 16.82% | 6.83% | 15.59% |
| 2019 | 11.97% | 4.08% | -1.28% | 3.86% | -9.22% | 7.83% | 0.36% | -5.97% | 4.28% | 0.92% | 2.82% | 3.03% | 23.05% |
| 2018 | 2.39% | -5.04% | 1.08% | 0.43% | 4.17% | 1.13% | 1.62% | 2.38% | -1.05% | -9.33% | 2.56% | -12.05% | -12.45% |
| 2017 | 1.27% | 1.84% | -0.24% | 0.73% | -0.99% | 1.64% | 0.70% | -2.56% | 5.00% | 1.08% | 3.34% | 0.74% | 13.05% |
| 2016 | -7.43% | 1.86% | 9.29% | 2.05% | 1.69% | 0.03% | 4.75% | 0.89% | -0.11% | -3.46% | 9.71% | 2.44% | 22.52% |
| 2015 | -1.99% | 5.68% | 0.13% | 0.15% | 0.78% | -2.55% | -0.70% | -4.96% | -4.61% | 6.73% | 0.16% | -3.17% | -4.95% |
| 2014 | -1.29% | 5.54% | 0.28% | -0.56% | 1.93% | 4.30% | -4.11% | 4.79% | -3.74% | 2.07% | 1.53% | -0.48% | 10.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GRPM is 6, meaning it’s performing worse than 94% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 1.18% dividend yield over the last twelve months, with an annual payout of $1.20 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.20 | $1.07 | $0.94 | $1.07 | $0.88 | $0.89 | $0.84 | $0.83 | $0.73 | $0.58 | $0.68 | $0.65 |
Dividend yield | 1.18% | 0.95% | 0.96% | 1.28% | 0.92% | 1.16% | 1.25% | 1.50% | 1.14% | 1.00% | 1.43% | 1.28% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.41 | |||||||
| 2024 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.21 | $1.07 |
| 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 | $0.94 |
| 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 | $1.07 |
| 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 | $0.88 |
| 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 | $0.89 |
| 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 | $0.84 |
| 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 | $0.83 |
| 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 | $0.73 |
| 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 | $0.58 |
| 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 | $0.68 |
| 2014 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 18.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.12% | Jan 17, 2020 | 45 | Mar 23, 2020 | 161 | Nov 9, 2020 | 206 |
| -28.09% | Nov 26, 2024 | 90 | Apr 8, 2025 | — | — | — |
| -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 |
Volatility
Volatility Chart
The current Invesco S&P MidCap 400® GARP ETF volatility is 13.29%, 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.