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Name

As of 12/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco S&P 500 GARP ETF

SPGP | ETF

$107.36

$4.31 B

1.19%

$1.30

0.36%

Vitals

YTD Return

10.6%

1 yr return

11.9%

3 Yr Avg Return

6.0%

5 Yr Avg Return

12.7%

Net Assets

$4.31 B

Holdings in Top 10

20.5%

52 WEEK LOW AND HIGH

$108.2
$94.23
$112.52

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 68.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco S&P 500 GARP ETF

SPGP | ETF

$107.36

$4.31 B

1.19%

$1.30

0.36%

SPGP - Profile

Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 12.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.07%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco S&P 500 GARP ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Jun 16, 2011
  • Shares Outstanding
    10350000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Jeanette

Fund Description

The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (“S&P DJI” or the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500® Index (the “Parent Index”) with relatively high quality and value composite scores, which are computed as described below.
In selecting constituent securities for the Underlying Index, the Index Provider first identifies stocks that exhibit growth characteristics by calculating the growth score for each stock in the ParentIndex. A stock’s growth score is the average of its: (i) three-year earnings per share (“EPS”) growth, calculated as a company’s three-year EPS compound annual growth rate and (ii) three-year sales per share (“SPS”) growth, calculated as a company’s three-year SPS compound annual growth rate. Stocks are ranked by growth score and the 150 stocks with the highest growth scores remain eligible for inclusion in the Underlying Index.
The Index Provider then calculates a quality/value (“QV”) composite score for each of these 150 stocks. A stock’s QV composite score is the average of its: (i) financial leverage ratio, calculated as a company’s latest total debt divided by its book value; (ii) return on equity, calculated as a company’s trailing 12-month EPS divided by its latest book value per share;
and (iii) earnings-to-price ratio, calculated as a company’s trailing 12-month EPS divided by its price. In accordance with the Underlying Index methodology, the Index Provider ranks these 150 stocks by QV composite score.The top 75 stocks resulting from this ranking comprise the Underlying Index.
The constituents of the Underlying Index are weighted based on their respective growth scores,such that stocks with relatively higher growth scores will have a greater weighting in the Underlying Index. No security will have a weight that is less than 0.05% or more than 5% of the Underlying Index. Additionally, each sector, as defined according to the Global Industry Classification Standard (“GICS®”), will be subject to a maximum weight of 40%.
As of June 30, 2024, the Underlying Index was comprised of 75 constituents with market capitalizations ranging from $8.3 billion to $3.2trillion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
The Fund intends to be “diversified,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), to the extent that the Underlying Index is diversified. The Fund may become “non-diversified” as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become “non-diversified,” it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2024.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of April 30, 2024, the Fund had significant exposure to the energy sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
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SPGP - Performance

Return Ranking - Trailing

Period SPGP Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -26.7% 49.4% 95.19%
1 Yr 11.9% -26.0% 63.5% 96.02%
3 Yr 6.0%* -11.1% 17.4% 84.97%
5 Yr 12.7%* -7.5% 110.0% 66.16%
10 Yr 13.9%* 0.3% 53.4% 4.92%

* Annualized

Return Ranking - Calendar

Period SPGP Return Category Return Low Category Return High Rank in Category (%)
2023 18.7% -42.6% 47.4% 49.46%
2022 -14.9% -56.3% -4.2% 10.04%
2021 34.7% -27.2% 537.8% 0.85%
2020 14.2% -22.5% 2181.7% 36.28%
2019 37.9% -13.5% 40.4% 0.19%

Total Return Ranking - Trailing

Period SPGP Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -26.7% 49.4% 95.19%
1 Yr 11.9% -26.0% 63.5% 96.02%
3 Yr 6.0%* -11.1% 17.4% 84.97%
5 Yr 12.7%* -7.5% 110.0% 66.16%
10 Yr 13.9%* 0.3% 53.4% 4.92%

* Annualized

Total Return Ranking - Calendar

Period SPGP Return Category Return Low Category Return High Rank in Category (%)
2023 20.3% -5.0% 47.4% 70.07%
2022 -13.8% -36.8% -2.2% 20.50%
2021 35.7% 3.0% 537.8% 1.87%
2020 16.0% -15.8% 2266.0% 56.58%
2019 39.2% -0.4% 241.3% 0.65%

SPGP - Holdings

Concentration Analysis

SPGP Category Low Category High SPGP % Rank
Net Assets 4.31 B 2.34 M 1.84 T 32.39%
Number of Holdings 78 2 3963 60.40%
Net Assets in Top 10 976 M 880 K 525 B 42.09%
Weighting of Top 10 20.52% 0.3% 111.6% 96.67%

Top 10 Holdings

  1. Valero Energy Corp. 2.38%
  2. EOG Resources, Inc. 2.28%
  3. Marathon Petroleum Corp. 2.14%
  4. NVIDIA Corp. 2.11%
  5. Steel Dynamics, Inc. 2.08%
  6. ConocoPhillips 2.00%
  7. TJX Cos., Inc. (The) 1.94%
  8. Arista Networks, Inc. 1.91%
  9. Marathon Oil Corp. 1.86%
  10. Nucor Corp. 1.82%

Asset Allocation

Weighting Return Low Return High SPGP % Rank
Stocks 		99.90% 0.00% 105.79% 6.63%
Cash 		1.00% 0.00% 99.07% 51.70%
Preferred Stocks 		0.00% 0.00% 2.03% 48.88%
Other 		0.00% -13.91% 100.00% 63.63%
Convertible Bonds 		0.00% 0.00% 5.54% 46.05%
Bonds 		0.00% 0.00% 93.85% 49.63%

Stock Sector Breakdown

Weighting Return Low Return High SPGP % Rank
Healthcare 		31.22% 0.00% 52.29% 0.42%
Financial Services 		19.46% 0.00% 55.59% 9.28%
Technology 		19.01% 0.00% 48.94% 77.22%
Industrials 		10.77% 0.00% 29.90% 26.84%
Consumer Cyclical 		7.90% 0.00% 30.33% 82.03%
Consumer Defense 		6.28% 0.00% 47.71% 68.69%
Communication Services 		5.35% 0.00% 27.94% 84.56%
Utilities 		0.00% 0.00% 20.91% 91.73%
Real Estate 		0.00% 0.00% 31.91% 92.32%
Energy 		0.00% 0.00% 41.64% 91.31%
Basic Materials 		0.00% 0.00% 25.70% 96.62%

Stock Geographic Breakdown

Weighting Return Low Return High SPGP % Rank
US 		99.90% 0.00% 105.79% 6.13%
Non US 		0.00% 0.00% 63.83% 56.09%

SPGP - Expenses

Operational Fees

SPGP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 19.75% 80.82%
Management Fee 0.29% 0.00% 1.90% 29.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

SPGP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SPGP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPGP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 268.00% 85.14%

SPGP - Distributions

Dividend Yield Analysis

SPGP Category Low Category High SPGP % Rank
Dividend Yield 1.19% 0.00% 25.47% 48.42%

Dividend Distribution Analysis

SPGP Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

SPGP Category Low Category High SPGP % Rank
Net Income Ratio 1.07% -54.00% 2.44% 28.96%

Capital Gain Distribution Analysis

SPGP Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

SPGP - Fund Manager Analysis

Managers

Michael Jeanette

Start Date

Tenure

Tenure Rank

Jun 16, 2011

10.96

11.0%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Peter Hubbard

Start Date

Tenure

Tenure Rank

Jun 16, 2011

10.96

11.0%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Tony Seisser

Start Date

Tenure

Tenure Rank

Aug 29, 2014

7.76

7.8%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi

Start Date

Tenure

Tenure Rank

Aug 28, 2020

1.76

1.8%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.27 2.42

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