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 30 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% | 18.27B | Nov 2005 | GRPM vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 224.00B | Jan 2004 | GRPM vs VO | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.66B | Jun 2004 | GRPM vs IMCB | |
| Schwab US Mid-Cap ETF | 0.04% | 14.50B | Jan 2011 | GRPM vs SCHM | |
| iShares Core S&P Mid-Cap ETF | 0.05% | 122.39B | May 2000 | GRPM vs IJH |
Best Risk-Adjusted Alternatives to GRPM
GRPM has a PortfoliosLab risk / return rank of 58. There are 44 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 91 | — | Jun 2025 | GRPM vs CTEF | |
| Counterpoint Quantitative Equity ETF | 88 | 377.71M | Nov 2023 | GRPM vs CPAI | |
| LeaderShares AlphaFactor US Core Equity ETF | 88 | 117.99M | Oct 2018 | GRPM vs LSAF | |
| Invesco S&P Spin-Off ETF | 88 | 225.57M | Dec 2006 | GRPM vs CSD | |
| SRH U.S. Quality ETF | 87 | 170.62M | Oct 2022 | GRPM vs SRHQ |
Top Performing GRPM Alternatives (YTD)
GRPM is at 13.17% YTD. There are 50 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 33.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 33.99% | — | Jun 2025 | GRPM vs CTEF | |
| Invesco S&P Spin-Off ETF | 33.33% | 225.57M | Dec 2006 | GRPM vs CSD | |
| Counterpoint Quantitative Equity ETF | 26.13% | 377.71M | Nov 2023 | GRPM vs CPAI | |
| Optimize Strategy Index ETF | 24.46% | 239.89M | Apr 2024 | GRPM vs OPTZ | |
| GMO Domestic Resilience ETF | 21.60% | 36.00M | Sep 2025 | GRPM vs DRES |
Lowest Volatility Alternatives to GRPM
GRPM has 15.65% 1-year volatility. There are 45 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Market ETF | 9.97% | 95.10M | May 2003 | GRPM vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.97% | 104.10M | May 2003 | GRPM vs BMVP | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.43% | 185.97M | May 2020 | GRPM vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | GRPM vs QIDX | |
| Xtrackers Russell US Multifactor ETF | 11.17% | 300.67M | Nov 2015 | GRPM vs DEUS |
Lowest Drawdown Alternatives to GRPM
GRPM has a 1-year max drawdown of -7.62%. There are 16 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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% | 104.10M | May 2003 | GRPM vs BMVP | |
| WisdomTree US Multifactor Fund | -6.47% | 297.46M | Jun 2017 | GRPM vs USMF | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | -6.52% | 185.97M | May 2020 | GRPM vs SIXL |
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 $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | GRPM vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | GRPM vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | GRPM vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | GRPM vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | GRPM vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | GRPM vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | GRPM vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | GRPM vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | GRPM vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | GRPM vs IDMO |
Often Compared With GRPM
Investors most often compare GRPM with XMHQ, GRPZ, FDVLX. These 20 comparison targets span 14 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