GRPM - ETF AI Analysis
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Invesco S&P MidCap 400 GARP ETF (GRPM)
Rating:74Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has delivered strong gains so far this year and in recent months, indicating positive momentum for investors.
Balanced Sector Mix
Holdings are spread across financials, technology, health care, consumer, and industrial companies, helping reduce the impact of weakness in any single sector.
Healthy Fund Size
The ETF manages a sizable pool of assets, which can support trading liquidity and ongoing fund stability.
Negative Factors
Weakness in Several Top Holdings
A number of the largest positions, including companies like Duolingo and Abercrombie & Fitch, have shown weak year-to-date performance, which can drag on future returns if the trend continues.
Heavy U.S. Concentration
Almost all of the fund’s assets are invested in U.S. companies, offering little diversification across global markets.
Moderate Expense Ratio
The fund’s fee is not especially low, so costs may be higher than some cheaper index ETFs and can slightly reduce long-term returns.
GRPM vs. SPDR S&P 500 ETF (SPY)
AUM486.96M
RegionNorth America
Expense Ratio0.35%
Beta0.90
IssuerInvesco
Inception DateDec 08, 2010
Dividend Yield0.7%
Asset ClassEquity
Index TrackedS&P MidCap 400 GARP Index - USD - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,617
30 Day Avg. Volume10,410
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
155.90Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering61
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GRPM Summary
The Invesco S&P MidCap 400 GARP ETF (GRPM) tracks the S&P MidCap 400 GARP Index, focusing on mid-sized U.S. companies that aim for “growth at a reasonable price.” It spreads your money across many sectors, including financials, technology, and health care, with well-known names like Duolingo and Abercrombie & Fitch among its top holdings. Someone might invest in this ETF to seek long-term growth while staying diversified in mid-cap stocks, which can offer a balance between smaller, riskier firms and large, slower-growing companies. A key risk is that mid-cap stocks can still be volatile and can go up and down with the overall stock market.
How much will it cost me?The Invesco S&P MidCap 400 GARP ETF (GRPM) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, focusing on selecting mid-cap stocks with growth potential and reasonable valuations.
What would affect this ETF?The GRPM ETF, focused on mid-sized U.S. companies, could benefit from economic growth and innovation in sectors like technology and healthcare, which are significant parts of its portfolio. However, rising interest rates or economic slowdowns could negatively impact mid-cap stocks, particularly in cyclical sectors like consumer discretionary and financials. Regulatory changes or sector-specific challenges in industries like energy or healthcare may also influence the ETF's performance.
GRPM Top 10 Holdings
GRPM is leaning on a mix of mid-cap growth stories, with Carpenter Technology and TechnipFMC acting like twin engines, their rising share prices giving the fund a solid lift from the industrial and energy side. Medpace and Halozyme add more fuel from health care, both trending higher and reinforcing the growth-at-a-reasonable-price theme. On the flip side, Duolingo and Abercrombie & Fitch are losing steam, their lagging performance weighing on returns. With all holdings U.S.-based and spread across financials, tech, health care, and cyclicals, the fund is diversified but still driven by a handful of standout names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Duolingo | 2.80% | $13.62M | $6.56B | -58.94% | 69 Neutral | |
| Kinsale Capital Group | 2.52% | $12.26M | $8.43B | -15.28% | 75 Outperform | |
| Renaissancere Holdings | 2.47% | $12.01M | $13.89B | 36.05% | 78 Outperform | |
| Abercrombie Fitch | 2.42% | $11.81M | $4.58B | 3.87% | 78 Outperform | |
| Paylocity | 2.30% | $11.22M | $7.43B | -22.33% | 71 Outperform | |
| Medpace Holdings | 2.28% | $11.10M | $15.94B | 33.61% | 79 Outperform | |
| Halozyme | 2.28% | $11.09M | $9.90B | 38.62% | 73 Outperform | |
| AppFolio | 2.25% | $10.97M | $6.31B | -27.86% | 71 Outperform | |
| InterDigital | 2.22% | $10.83M | $6.72B | 6.51% | 76 Outperform | |
| TechnipFMC | 2.18% | $10.62M | $28.86B | 95.13% | 80 Outperform |
GRPM Technical Analysis
Positive
―
Price Trends
129.68
Positive
125.58
Positive
122.91
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GRPM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 132.77, equal to the 50-day MA of 129.68, and equal to the 200-day MA of 122.91, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GRPM.
GRPM Peer Comparison
Comparison Results
Performance Comparison
GRPM
Invesco S&P MidCap 400 GARP ETF
135.82
22.61
19.97%
EZM
WisdomTree U.S. MidCap Fund
―
―
―
XMLV
Invesco S&P MidCap Low Volatility ETF
―
―
―
BKMC
BNY Mellon US Mid Cap Core Equity ETF
―
―
―
AVMC
Avantis U.S. Mid Cap Equity ETF
―
―
―
JPME
JPMorgan Diversified Return U.S. Mid Cap 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.
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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