SPGP - ETF AI Analysis
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Invesco S&P 500 GARP ETF (SPGP)
Rating:75Outperform
Price Target:―
Positive Factors
Healthy Recent Performance
The ETF has shown steady gains over the past month, three months, and year to date, indicating solid recent momentum.
Strong Top Holdings
Several of the largest positions, including Nvidia, Comfort Systems, Arista Networks, GE Aerospace, and Eli Lilly, have delivered strong year-to-date gains that support the fund’s overall performance.
Broad Sector Diversification
The fund spreads its investments across many sectors such as financials, technology, consumer cyclical, industrials, communication services, and health care, helping reduce the impact of weakness in any single industry.
Negative Factors
High U.S. Concentration
Almost all of the ETF’s holdings are in U.S. companies, which means limited diversification across different global markets.
Mixed Performance Among Top Stocks
Some major holdings like Progressive, AppLovin, and Trade Desk have shown weak year-to-date performance, which can drag on the fund’s returns.
Moderate Expense Ratio
The ETF’s expense ratio is not especially low, so fees may be higher than some cheaper index funds and slightly reduce investor returns over time.
SPGP vs. SPDR S&P 500 ETF (SPY)
AUM2.05B
RegionNorth America
Expense Ratio0.36%
Beta0.96
IssuerInvesco
Inception DateJun 16, 2011
Dividend Yield0.8%
Asset ClassEquity
Index TrackedS&P 500 GARP Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume128,823
30 Day Avg. Volume91,836
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
147.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering74
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPGP Summary
The Invesco S&P 500 GARP ETF (SPGP) is a U.S. stock fund that follows the S&P 500 GARP Index, focusing on large American companies that are growing but not extremely expensive. It holds a mix of sectors like financials, technology, and health care, with well-known names such as Nvidia and Eli Lilly. Someone might invest in this ETF to seek long-term growth while staying diversified across many industries instead of betting on a single stock. A key risk is that it still moves with the overall stock market, so its value can go up and down, especially if large U.S. companies fall out of favor.
How much will it cost me?The Invesco S&P 500 GARP ETF (SPGP) has an expense ratio of 0.36%, meaning you’ll pay $3.60 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, focusing on selecting stocks with growth potential at reasonable prices. Active management typically involves more research and decision-making, which increases costs.
What would affect this ETF?The SPGP ETF, with its focus on large-cap U.S. companies and sectors like Technology and Consumer Cyclical, could benefit from continued innovation in tech and strong consumer spending trends. However, it may face challenges if interest rates rise, which could pressure growth-oriented stocks, or if economic conditions weaken, impacting cyclical sectors like Industrials and Consumer Cyclical. Regulatory changes in the U.S. or sector-specific disruptions could also influence its performance.
SPGP Top 10 Holdings
SPGP is leaning heavily on a mix of U.S. Big Tech and insurance names, with Arista Networks and Nvidia doing much of the heavy lifting thanks to their rising momentum in AI and cloud. Meta has also been a strong engine lately, adding more tech horsepower to the portfolio. On the flip side, insurers like Progressive, Cincinnati Financial, and Arch Capital have been lagging, acting as a bit of a brake on returns. Overall, it’s a U.S.-focused, growth-at-a-reasonable-price story with tech strength offset by softer financials.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 2.60% | $53.26M | $5.42T | 25.85% | 76 Outperform | |
| Arista Networks | 2.38% | $48.72M | $260.51B | 42.93% | 83 Outperform | |
| Progressive | 2.04% | $41.84M | $119.42B | -14.29% | 78 Outperform | |
| Meta Platforms | 2.04% | $41.84M | $1.91T | -3.74% | 76 Outperform | |
| Cincinnati Financial | 2.04% | $41.80M | $24.95B | 3.55% | 76 Outperform | |
| Eli Lilly & Co | 1.99% | $40.79M | $1.11T | 63.08% | 72 Outperform | |
| Incyte | 1.98% | $40.56M | $25.11B | 48.79% | 81 Outperform | |
| Newmont Mining | 1.97% | $40.38M | $127.95B | 37.27% | 81 Outperform | |
| Arch Capital Group | 1.95% | $40.03M | $32.30B | 5.64% | 79 Outperform | |
| Comfort Systems | 1.92% | $39.44M | $58.38B | 106.82% | 80 Outperform |
SPGP Technical Analysis
Negative
―
Price Trends
124.51
Negative
122.35
Negative
117.93
Positive
Market Momentum
-1.60
Positive
32.84
Neutral
9.35
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPGP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 121.68, equal to the 50-day MA of 124.51, and equal to the 200-day MA of 117.93, indicating a neutral trend. The MACD of -1.60 indicates Positive momentum. The RSI at 32.84 is Neutral, neither overbought nor oversold. The STOCH value of 9.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPGP.
SPGP Peer Comparison
Comparison Results
Performance Comparison
SPGP
Invesco S&P 500 GARP ETF
118.82
5.81
5.14%
PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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JQUA
JPMorgan U.S. Quality Factor ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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VONE
Vanguard Russell 1000 ETF
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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.
DisclaimerThis 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: ―
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