- ISIN
- US7393711020
- CUSIP
- 46137V431
- Issuer
- Invesco
- Inception Date
- Jun 16, 2011
- Region
- North America (U.S.)
- Category
- Multi-factor, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 GARP Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $2B
Share Price Chart
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Performance
SPGP Performance Chart
Invesco S&P 500 GARP ETF (SPGP) is up 5.8% since the beginning of the year. SPGP is currently trading at $120 per share. Investors who bought $1,000 worth of SPGP shares 5 years ago would now be looking at an investment worth $1,480.
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Returns By Period
Invesco S&P 500 GARP ETF (SPGP) has returned 5.80% so far this year and 16.63% over the past 12 months. Looking at the last ten years, SPGP has achieved an annualized return of 15.41%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Invesco S&P 500 GARP ETF
- 1D
- -0.27%
- 1M
- 1.56%
- YTD
- 5.80%
- 6M
- 3.85%
- 1Y
- 16.63%
- 3Y*
- 12.56%
- 5Y*
- 8.15%
- 10Y*
- 15.41%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SPGP Monthly Returns History
Based on dividend-adjusted daily data since Jun 16, 2011, SPGP's average daily return is +0.06%, while the average monthly return is +1.22%. At this rate, an investment would double in approximately 4.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +15.2%, while the worst month was Mar 2020 at -19.7%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPGP closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +12.6%, while the worst single day was Mar 16, 2020 at -15.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.23% | 0.10% | -6.43% | 8.77% | 2.63% | -0.04% | 5.80% | ||||||
| 2025 | 3.32% | -2.55% | -4.98% | -3.44% | 5.16% | 6.55% | 1.15% | 3.58% | 0.83% | -0.99% | 0.20% | 1.20% | 9.80% |
| 2024 | -2.37% | 5.87% | 5.47% | -5.71% | 3.43% | -0.71% | 1.90% | -0.32% | 0.57% | 0.11% | 7.32% | -6.37% | 8.48% |
| 2023 | 8.69% | -3.13% | -1.61% | 0.89% | -1.46% | 7.31% | 5.95% | -1.82% | -3.02% | -3.90% | 6.55% | 5.38% | 20.29% |
| 2022 | -6.63% | -1.32% | 2.31% | -6.28% | 0.95% | -7.51% | 7.86% | -3.90% | -8.98% | 9.50% | 7.37% | -5.82% | -13.83% |
| 2021 | -0.04% | 8.11% | 4.93% | 4.82% | 1.80% | 0.97% | 2.97% | 2.62% | -5.90% | 6.74% | -1.16% | 5.91% | 35.72% |
Benchmark Metrics
Invesco S&P 500 GARP ETF has an annualized alpha of 2.03%, beta of 0.99, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since June 16, 2011.
- This ETF captured 108.90% of S&P 500 Index gains and 102.34% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 2.03% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.99 and R2 of 0.77, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.03%
- Beta
- 0.99
- R²
- 0.77
- Upside Capture
- 108.90%
- Downside Capture
- 102.34%
Expense Ratio
SPGP has an expense ratio of 0.36%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPGP ranks 31 for risk / return — below 31% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco S&P 500 GARP ETF (SPGP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPGP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 2.78 | -1.29 |
| Martin ratioReturn relative to average drawdown | 5.70 | 12.44 | -6.74 |
Dividends
Dividend History
Invesco S&P 500 GARP ETF provided a 1.13% dividend yield over the last twelve months, with an annual payout of $1.36 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.36 | $1.19 | $1.45 | $1.21 | $1.01 | $0.67 | $0.79 | $0.54 | $0.43 | $0.31 | $0.30 | $0.38 |
Dividend yield | 1.13% | 1.04% | 1.38% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco S&P 500 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.30 | $0.63 | ||||||
| 2025 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.22 | $1.19 |
| 2024 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.40 | $1.45 |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.40 | $1.21 |
| 2022 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.26 | $1.01 |
| 2021 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.67 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco S&P 500 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 500 GARP ETF was 42.08%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
The current Invesco S&P 500 GARP ETF drawdown is 1.30%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -42.08%Mar 2020 | 1mo 8d | 7mo 17d | 8mo 25dFeb 2020 - Nov 2020 |
2025 selloff2025 | -22.87%Apr 2025 | 4mo 6d | 4mo 7d | 8mo 13dDec 2024 - Aug 2025 |
Rate-hike selloffLate 2018 | -22.80%Dec 2018 | 2mo 23d | 3mo 10d | 6mo 3dOct 2018 - Apr 2019 |
Bear market2022 | -22.64%Sep 2022 | 9mo 4d | 10mo 4d | 1y 7moDec 2021 - Jul 2023 |
2016 correction2016 | -19.37%Feb 2016 | 6mo 9d | 11mo 19d | 1y 5moAug 2015 - Jan 2017 |
Drawdown Indicators
| SPGP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.08% | -56.78% | +14.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.15% | -9.10% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -18.90% | -3.97% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -25.43% | +2.56% |
Max Drawdown (10Y)Largest decline over 10 years | -42.08% | -33.92% | -8.16% |
Current DrawdownCurrent decline from peak | -1.30% | -1.80% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -4.35% | -10.71% | +6.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 2.03% | +0.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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