Invesco S&P 500 GARP ETF (SPGP) belongs to the Multi-factor 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 9 ETFs in the Multi-factor category with lower expense ratios, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 QVM Multi-factor ETF | 0.11% | 1.48B | Jun 2021 | SPGP vs QVML | |
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 0.15% | 247.97M | Jun 2021 | SPGP vs QVMS | |
| Invesco S&P MidCap 400 QVM Multi-factor ETF | 0.15% | 431.56M | Jun 2021 | SPGP vs QVMM | |
| Xtrackers Russell US Multifactor ETF | 0.17% | 280.87M | Nov 2015 | SPGP vs DEUS | |
| Vanguard U.S. Multifactor ETF | 0.18% | 642.80M | Feb 2018 | SPGP vs VFMF |
Best Risk-Adjusted Alternatives to SPGP
SPGP has a PortfoliosLab risk / return rank of 30. There are 14 ETFs in the Multi-factor category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Multifactor ETF | 86 | 642.80M | Feb 2018 | SPGP vs VFMF | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | SPGP vs MFUS | |
| VictoryShares US Multi-Factor Minimum Volatility E... | 83 | 156.24M | Jun 2017 | SPGP vs VSMV | |
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 70 | 247.97M | Jun 2021 | SPGP vs QVMS | |
| Invesco S&P 500 QVM Multi-factor ETF | 64 | 1.48B | Jun 2021 | SPGP vs QVML |
Top Performing SPGP Alternatives (YTD)
SPGP is at 5.38% YTD. There are 14 ETFs in the Multi-factor category with higher YTD returns, going as high as 22.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAFI Dynamic Multi-Factor Emerging Markets E... | 22.43% | 159.06M | Aug 2017 | SPGP vs MFEM | |
| Invesco S&P SmallCap 600 QVM Multi-factor ETF | 20.25% | 247.97M | Jun 2021 | SPGP vs QVMS | |
| Pacer Lunt MidCap Multi-Factor Alternator ETF | 18.25% | 53.93M | Jun 2020 | SPGP vs PAMC | |
| Principal U.S. Small Cap Multi-Factor ETF | 17.73% | 1.30B | Sep 2016 | SPGP vs PSC | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 17.10% | 267.72M | Aug 2017 | SPGP vs MFUS |
Lowest Volatility Alternatives to SPGP
SPGP has 15.77% 1-year volatility. There are 10 ETFs in the Multi-factor category with lower 1-year volatility, going as low as 9.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Multi-Factor Minimum Volatility E... | 9.30% | 156.24M | Jun 2017 | SPGP vs VSMV | |
| Global X Adaptive U.S. Factor ETF | 10.27% | 840.28M | Aug 2018 | SPGP vs AUSF | |
| Xtrackers Russell US Multifactor ETF | 11.22% | 280.87M | Nov 2015 | SPGP vs DEUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 11.25% | 267.72M | Aug 2017 | SPGP vs MFUS | |
| WisdomTree US Multifactor Fund | 11.56% | 338.97M | Jun 2017 | SPGP vs USMF |
Lowest Drawdown Alternatives to SPGP
SPGP has a 1-year max drawdown of -11.15%. There are 14 ETFs in the Multi-factor category with shallower 1-year drawdowns, going as shallow as -5.18%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Multi-Factor Minimum Volatility E... | -5.18% | 156.24M | Jun 2017 | SPGP vs VSMV | |
| Global X Adaptive U.S. Factor ETF | -5.84% | 840.28M | Aug 2018 | SPGP vs AUSF | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | SPGP vs MFUS | |
| WisdomTree US Multifactor Fund | -6.47% | 338.97M | Jun 2017 | SPGP vs USMF | |
| Xtrackers Russell US Multifactor ETF | -6.83% | 280.87M | Nov 2015 | SPGP vs DEUS |
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 $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | SPGP vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 68 | 29.91% | 21.99B | Oct 2015 | SPGP vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | SPGP vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | SPGP vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | SPGP vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | SPGP vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 61 | 16.54% | 21.05B | Dec 2005 | SPGP vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | SPGP vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | SPGP vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | SPGP vs PPA |
Often Compared With SPGP
Investors most often compare SPGP with GARP, VOO, SPY. 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