SPGP - ETF AI Analysis
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Invesco S&P 500 GARP ETF (SPGP)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Leading Growth Holdings
Several top positions, such as Monolithic Power, Arista Networks, and Northern, have delivered strong year-to-date results that support the fund’s performance.
Sector Diversification Within the U.S.
Holdings spread across financials, technology, consumer cyclical, industrials, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High U.S. Concentration
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. market.
Exposure to Cyclical Sectors
Significant weights in financials, consumer cyclical, and industrials can make the ETF more sensitive to economic slowdowns.
Mixed Performance Among Top Holdings
A few major positions, including Uber and Royal Caribbean, have shown weak or negative year-to-date performance, which can drag on overall returns.
SPGP vs. SPDR S&P 500 ETF (SPY)
AUM2.16B
RegionNorth America
Expense Ratio0.36%
Beta0.98
IssuerInvesco
Inception DateJun 16, 2011
Dividend Yield0.87%
Asset ClassEquity
Index TrackedS&P 500 GARP Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume61,337
30 Day Avg. Volume87,937
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
139.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering74
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPGP Summary
SPGP is the Invesco S&P 500 GARP ETF, which follows the S&P 500 GARP Index. It focuses on large U.S. companies that are growing but not extremely expensive, aiming for “growth at a reasonable price.” The fund holds well-known names like Nvidia, Airbnb, Uber, and eBay, and spreads investments across sectors such as financials, technology, and consumer companies. Someone might consider SPGP for long-term growth and diversification within big U.S. stocks. A key risk is that it still moves with the stock market and can fall in value, especially if growth-focused companies struggle.
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’s story is driven by a tech-heavy cast, with Nvidia, Monolithic Power, and Arista Networks helping steer returns thanks to generally rising trends tied to AI and data-center demand, even if momentum has been a bit choppy lately. Fortinet has been another bright spot, climbing steadily despite some technical headwinds. On the flip side, Uber and Airbnb have been dragging their feet, tempering gains from the stronger names. The fund is firmly U.S.-focused and leans into technology and consumer cyclicals, giving it a growth tilt without being dominated by a single stock.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Host Hotels & Resorts | 3.04% | $65.73M | $17.05B | 63.53% | 77 Outperform | |
| Monolithic Power | 3.02% | $65.43M | $77.49B | 133.84% | 75 Outperform | |
| Fortinet | 2.85% | $61.60M | $107.19B | 46.63% | 71 Outperform | |
| Nvidia | 2.73% | $59.13M | $4.97T | 46.83% | 76 Outperform | |
| Delta Air Lines | 2.65% | $57.41M | $54.57B | 69.98% | 80 Outperform | |
| Arista Networks | 2.31% | $49.97M | $205.55B | 77.82% | 83 Outperform | |
| Northern | 2.17% | $47.08M | $32.26B | 61.80% | 78 Outperform | |
| Royal Caribbean | 2.17% | $46.87M | $78.95B | 14.06% | 67 Neutral | |
| eBay | 2.12% | $45.97M | $48.22B | 40.50% | 70 Outperform | |
| Airbnb | 2.05% | $44.48M | $79.73B | -3.59% | 71 Outperform |
SPGP Technical Analysis
Positive
―
Price Trends
117.34
Positive
114.88
Positive
113.87
Positive
Market Momentum
1.00
Positive
58.29
Neutral
80.65
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPGP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 119.54, equal to the 50-day MA of 117.34, and equal to the 200-day MA of 113.87, indicating a bullish trend. The MACD of 1.00 indicates Positive momentum. The RSI at 58.29 is Neutral, neither overbought nor oversold. The STOCH value of 80.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPGP.
SPGP Peer Comparison
Comparison Results
Performance Comparison
SPGP
Invesco S&P 500 GARP ETF
121.17
17.61
17.00%
MGC
Vanguard Mega Cap ETF
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―
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PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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―
―
QYLD
Global X NASDAQ 100 Covered Call ETF
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JQUA
JPMorgan U.S. Quality Factor 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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