Key stats
About Invesco S&P 500 GARP ETF
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Inception date
Jun 16, 2011
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
SPGP seeks growth stocks that also contain quality and value traits, or growth at a reasonable price. Starting from the S&P 500, the underlying index selects 150 names with the highest growth score, derived from trailing 3-year earnings to price growth and sales to price growth. It then picks the top half of these based on a quality and value score, using financial leverage ratio, return on equity and earnings to price. The resulting 75 names are weighted by the growth score. The underlying index undergoes semi-annual rebalance and reconstitution, subject to certain constraints. The maximum weight of each security is 5% while the maximum weight of any given GICS sector is 40%. Prior to June 24, 2019, the fund tracked a Russell pure growth index (perhaps the opposite of GARP in growth context) under a different name and ticker (PXLG).
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Finance
Electronic Technology
Stocks99.92%
Energy Minerals21.76%
Finance16.24%
Electronic Technology10.06%
Retail Trade8.11%
Technology Services8.10%
Transportation5.85%
Process Industries4.76%
Non-Energy Minerals4.23%
Consumer Non-Durables3.65%
Distribution Services3.52%
Producer Manufacturing3.36%
Consumer Durables2.71%
Commercial Services2.03%
Miscellaneous1.58%
Consumer Services1.10%
Health Services1.05%
Industrial Services1.02%
Health Technology0.80%
Bonds, Cash & Other0.08%
Mutual fund0.08%
Cash−0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history