Invesco S&P MidCap 400® GARP ETF (GRPM) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GRPM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GRPM
GRPM charges 0.35% annually. There are 31 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.14B | Nov 2005 | GRPM vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | GRPM vs VO | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.64B | Jun 2004 | GRPM vs IMCB | |
| Schwab US Mid-Cap ETF | 0.04% | 14.91B | Jan 2011 | GRPM vs SCHM | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | GRPM vs VXF |
Best Risk-Adjusted Alternatives to GRPM
GRPM has a PortfoliosLab risk / return rank of 46. There are 52 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 93 | — | Jun 2025 | GRPM vs CTEF | |
| Invesco S&P Spin-Off ETF | 89 | 226.12M | Dec 2006 | GRPM vs CSD | |
| Optimize Strategy Index ETF | 89 | 239.89M | Apr 2024 | GRPM vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 87 | 366.29M | Nov 2023 | GRPM vs CPAI | |
| iShares MSCI Peru ETF | 83 | 536.81M | Jun 2009 | GRPM vs EPU |
Top Performing GRPM Alternatives (YTD)
GRPM is at 10.58% YTD. There are 63 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 37.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 37.32% | 226.12M | Dec 2006 | GRPM vs CSD | |
| Castellan Targeted Equity ETF | 34.60% | — | Jun 2025 | GRPM vs CTEF | |
| Optimize Strategy Index ETF | 29.14% | 239.89M | Apr 2024 | GRPM vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 27.31% | 366.29M | Nov 2023 | GRPM vs CPAI | |
| Vanguard U.S. Momentum Factor ETF | 21.55% | 1.70B | Feb 2018 | GRPM vs VFMO |
Lowest Volatility Alternatives to GRPM
GRPM has 15.97% 1-year volatility. There are 51 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.76% | 426.50M | Feb 2018 | GRPM vs VFMV | |
| Invesco Dynamic Market ETF | 9.74% | 95.10M | May 2003 | GRPM vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.74% | 101.68M | May 2003 | GRPM vs BMVP | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.25% | 185.97M | May 2020 | GRPM vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | GRPM vs QIDX |
Lowest Drawdown Alternatives to GRPM
GRPM has a 1-year max drawdown of -7.62%. There are 18 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | GRPM vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 3.97M | Feb 2022 | GRPM vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | GRPM vs SRHQ | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | GRPM vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 101.68M | May 2003 | GRPM vs BMVP |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 16.13% | 481.14B | Mar 1999 | GRPM vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 62 | 26.03% | 22.01B | Oct 2015 | GRPM vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 16.16% | 100.59B | Oct 2020 | GRPM vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 58 | 12.75% | 96.24B | Apr 2003 | GRPM vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 92 | 74.43% | 2.58B | Jun 2021 | GRPM vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 40 | 3.75% | 10.85B | May 2005 | GRPM vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.39% | 20.11B | Dec 2005 | GRPM vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 11.46% | 3.29B | Oct 2012 | GRPM vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | GRPM vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 35 | 9.54% | 8.22B | Oct 2005 | GRPM vs PPA |
Often Compared With GRPM
Investors most often compare GRPM with XMHQ, GRPZ, AVUV. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare GRPM with Any Fund or Stock
Compare GRPM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GRPM with funds that move differently
Invesco S&P MidCap 400® GARP ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GRPM.
Explore GRPM Diversifiers