Invesco S&P Smallcap 600 GARP ETF (GRPZ)
GRPZ is a passive ETF by Invesco tracking the investment results of the S&P SmallCap 600 GARP Index. GRPZ launched on Mar 25, 2024 and has a 0.35% expense ratio.
ETF Info
| Issuer | Invesco |
|---|---|
| Inception Date | Mar 25, 2024 |
| Category | Small Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | S&P SmallCap 600 GARP Index |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
GRPZ features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GRPZ vs. VOT, GRPZ vs. DES, GRPZ vs. IWM, GRPZ vs. GARP, GRPZ vs. GRPM, GRPZ vs. SPHQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco S&P Smallcap 600 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.48% |
| 1 month | 3.80% | 2.14% |
| 6 months | 11.09% | 12.76% |
| 1 year | N/A | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of GRPZ, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.99% | -5.43% | 3.15% | -2.58% | 13.14% | -3.23% | -0.48% | -3.48% | 9.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco S&P Smallcap 600 GARP ETF (GRPZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Invesco S&P Smallcap 600 GARP ETF provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.14 per share.
| Period | TTM |
|---|---|
| Dividend | $0.14 |
Dividend yield | 0.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P Smallcap 600 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 |
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 Smallcap 600 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 Smallcap 600 GARP ETF was 10.11%, occurring on Aug 7, 2024. Recovery took 64 trading sessions.
The current Invesco S&P Smallcap 600 GARP ETF drawdown is 2.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.11% | Aug 1, 2024 | 5 | Aug 7, 2024 | 64 | Nov 6, 2024 | 69 |
| -7.21% | Apr 1, 2024 | 14 | Apr 18, 2024 | 59 | Jul 15, 2024 | 73 |
| -2.89% | Jul 17, 2024 | 3 | Jul 19, 2024 | 5 | Jul 26, 2024 | 8 |
| -2.36% | Nov 12, 2024 | 2 | Nov 13, 2024 | — | — | — |
| -1.28% | Nov 7, 2024 | 1 | Nov 7, 2024 | 2 | Nov 11, 2024 | 3 |
Volatility
Volatility Chart
The current Invesco S&P Smallcap 600 GARP ETF volatility is 8.97%, 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.