Education
About Us
Working with TipRanks
Follow Us
GRPZ - AI Analysis
Top Page
Invesco S&P SmallCap 600 GARP ETF (GRPZ)
Rating:73Outperform
Price Target:
$29.00
Positive Factors
Strong Top Holdings
Several of the largest positions, like InterDigital and Sterling Infrastructure, have delivered strong year-to-date gains, supporting the fund's performance.
Sector Diversification
The ETF spreads its investments across multiple sectors, including Industrials, Consumer Cyclical, and Technology, reducing reliance on any single industry.
Reasonable Expense Ratio
The fund's expense ratio of 0.35% is competitive for a specialized ETF, helping investors keep more of their returns.
Negative Factors
High Geographic Concentration
With nearly 100% exposure to U.S. companies, the fund lacks diversification across global markets.
Mixed Performance in Top Holdings
Some key holdings, like Worthington Steel and Helmerich & Payne, have underperformed year-to-date, creating drag on overall returns.
Small Asset Base
The ETF has relatively low assets under management, which could lead to less liquidity and higher trading costs for investors.
GRPZ vs. SPDR S&P 500 ETF (SPY)
AUM2.62M
RegionNorth America
Expense Ratio0.35%
Beta0.99
IssuerInvesco
Inception DateMar 27, 2024
Dividend Yield0.96%
Asset ClassEquity
Index TrackedS&P SmallCap 600 GARP Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume151
30 Day Avg. Volume343
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.27Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering92
GRPZ Summary
The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an investment fund that focuses on small U.S. companies with strong growth potential and reasonable valuations. It tracks the S&P SmallCap 600 GARP Index, which includes businesses across various industries like technology, healthcare, and energy. Some of its top holdings include Powell Industries and InterDigital. This ETF could be a good choice for investors looking to diversify their portfolio and benefit from the growth opportunities in smaller, agile companies. However, new investors should know that small-cap stocks can be more volatile and may experience larger price swings than larger, established companies.
How much will it cost me?The Invesco S&P SmallCap 600 GARP ETF (GRPZ) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it tracks a specific index with a focus on small-cap companies and uses a more selective strategy. It’s still relatively affordable compared to actively managed funds.
What would affect this ETF?GRPZ could benefit from economic growth in the U.S., as small-cap companies often thrive during periods of expansion and innovation, particularly in sectors like Industrials and Technology, which are heavily weighted in the ETF. However, rising interest rates or economic slowdowns could negatively impact small-cap stocks, as these companies may face higher borrowing costs and reduced consumer demand, especially in sectors like Consumer Cyclical and Financials. Regulatory changes or shifts in energy policies could also affect holdings like Helmerich & Payne and International Seaways in the Energy sector.
GRPZ Top 10 Holdings
The GRPZ ETF is leaning heavily into the small-cap space, with industrials and consumer cyclical stocks leading the charge. Powell Industries and InterDigital are rising stars, showcasing strong financial performance and bullish momentum, helping to drive the fund forward. On the flip side, Worthington Steel is lagging, weighed down by market challenges and inventory risks. Helmerich & Payne offers mixed signals, with profitability struggles offset by a solid dividend yield. With its U.S.-focused portfolio, GRPZ captures the entrepreneurial spirit of small-cap innovation, though sector concentration in industrials adds a layer of risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Powell Industries | 3.09% | $80.13K | $4.63B | 37.25% | 75 Outperform | |
| InterDigital | 2.66% | $69.13K | $9.32B | 118.44% | 81 Outperform | |
| Worthington Steel, Inc. | 2.52% | $65.29K | $1.63B | -14.96% | 69 Neutral | |
| Helmerich & Payne | 2.17% | $56.28K | $2.61B | -20.26% | 69 Neutral | |
| Krystal Biotech | 2.12% | $54.91K | $5.72B | 11.97% | 78 Outperform | |
| International Seaways | 2.10% | $54.46K | $2.53B | 17.58% | 77 Outperform | |
| DXP Enterprises | 1.97% | $51.09K | $1.88B | 137.64% | 80 Outperform | |
| Clear Secure | 1.89% | $49.09K | $4.05B | -17.29% | 78 Outperform | |
| Sterling Infrastructure | 1.79% | $46.48K | $11.50B | 145.93% | 79 Outperform | |
| Liberty Oilfield Services | 1.66% | $43.08K | $2.93B | 8.57% | 69 Neutral |
GRPZ Technical Analysis
Negative
―
Price Trends
26.70
Negative
26.03
Negative
24.99
Positive
Market Momentum
-0.05
Positive
42.05
Neutral
18.14
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GRPZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 26.34, equal to the 50-day MA of 26.70, and equal to the 200-day MA of 24.99, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 42.05 is Neutral, neither overbought nor oversold. The STOCH value of 18.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GRPZ.
GRPZ Peer Comparison
Comparison Results
Performance Comparison
GRPZ
Invesco S&P SmallCap 600 GARP ETF
25.99
0.89
3.55%
ITWO
ProShares Russell 2000 High Income ETF
―
―
―
FLQS
Franklin LibertyQ U.S. Small Cap Equity ETF
―
―
―
STXK
Strive 2000 ETF
―
―
―
OASC
OneAscent Small Cap Core ETF
―
―
―
BKSE
BNY Mellon US Small Cap Core Equity ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents