Invesco S&P 500 GARP ETF (SPGP) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPGP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPGP
SPGP charges 0.36% annually. There are 51 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 146.68B | Nov 2005 | SPGP vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 854.92B | May 2000 | SPGP vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.60T | Sep 2010 | SPGP vs VOO | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.22B | Sep 2000 | SPGP vs SPYV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 53.61B | Sep 2000 | SPGP vs SPYG |
Best Risk-Adjusted Alternatives to SPGP
SPGP has a PortfoliosLab risk / return rank of 32. There are 85 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 98 | — | Apr 2025 | SPGP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 18.90M | Apr 2025 | SPGP vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 97 | 55.00M | May 2024 | SPGP vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 96 | 13.10M | Jun 2025 | SPGP vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 95 | — | May 2025 | SPGP vs PMJN |
Top Performing SPGP Alternatives (YTD)
SPGP is at 6.12% YTD. There are 71 ETFs in the S&P 500 category with higher YTD returns, going as high as 96.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 96.27% | 78.50M | Nov 2019 | SPGP vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 47.30% | 5.64B | Jan 2006 | SPGP vs RSPT | |
| Invesco S&P 500 Equal Weight Energy ETF | 34.27% | 571.83M | Nov 2006 | SPGP vs RSPG | |
| Invesco S&P 500 Pure Growth ETF | 31.51% | 2.13B | Mar 2006 | SPGP vs RPG | |
| Invesco S&P 500® High Beta ETF | 30.36% | 1.05B | May 2011 | SPGP vs SPHB |
Lowest Volatility Alternatives to SPGP
SPGP has 15.13% 1-year volatility. There are 90 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 1.12% | — | Apr 2025 | SPGP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.42% | 18.90M | Apr 2025 | SPGP vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.57% | 55.00M | May 2024 | SPGP vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 1.72% | 13.10M | Jun 2025 | SPGP vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 1.75% | — | May 2025 | SPGP vs PMJN |
Lowest Drawdown Alternatives to SPGP
SPGP has a 1-year max drawdown of -11.15%. There are 79 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | -0.36% | — | Apr 2025 | SPGP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 18.90M | Apr 2025 | SPGP vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.45% | 55.00M | May 2024 | SPGP vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 13.10M | Jun 2025 | SPGP vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | SPGP vs PMJN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | SPGP vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 75 | 30.35% | 19.93B | Oct 2015 | SPGP vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 74 | 21.39% | 96.91B | Oct 2020 | SPGP vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 49 | 9.70% | 89.51B | Apr 2003 | SPGP vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 56 | 7.57% | 11.15B | May 2005 | SPGP vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 96.72% | 2.41B | Jun 2021 | SPGP vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 54 | 15.48% | 18.88B | Dec 2005 | SPGP vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 21 | 4.38% | 3.23B | Oct 2012 | SPGP vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 37 | 8.54% | 8.37B | Oct 2005 | SPGP vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 67 | 23.73% | 7.49B | Mar 2005 | SPGP vs XMMO |
Often Compared With SPGP
Investors most often compare SPGP with GARP, SPY, PAVE. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SPGP with Any Fund or Stock
Compare SPGP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPGP with funds that move differently
Invesco S&P 500 GARP ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPGP.
Explore SPGP Diversifiers