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SPGP - ETF AI Analysis
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Invesco S&P 500 GARP ETF (SPGP)
Rating:74Outperform
Price Target:―
Positive Factors
Healthy Asset Base
The fund manages a sizable pool of assets, which can support liquidity and trading efficiency for investors.
Sector Diversification Across the Economy
Holdings are spread across technology, financials, consumer cyclical, industrials, and several other sectors, helping reduce reliance on any single industry.
Several Strong Recent Performers in Top Holdings
Some of the largest positions, such as Monolithic Power, Super Micro Computer, Host Hotels & Resorts, and Uber, have shown strong recent performance that can support the fund’s returns.
Negative Factors
Recent Weak Overall Performance
The ETF’s returns over the past month and year to date have been slightly negative, signaling recent performance headwinds.
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.
Notable Weakness in Several Top Holdings
A number of major positions, including Nvidia, Airbnb, Royal Caribbean, Carnival, and several airlines, have shown weak recent performance, which can drag on the fund.
SPGP vs. SPDR S&P 500 ETF (SPY)
AUM2.43B
RegionNorth America
Expense Ratio0.36%
Beta0.97
IssuerInvesco
Inception DateJun 16, 2011
Dividend Yield1.02%
Asset ClassEquity
Index TrackedS&P 500 GARP Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume89,484
30 Day Avg. Volume88,342
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
137.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering76
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPGP Summary
SPGP is an ETF that follows the S&P 500 GARP Index, focusing on large U.S. companies that are growing but not extremely expensive. It owns a mix of sectors like technology, financials, and travel, with well-known names such as Nvidia and Uber. Investors might consider SPGP if they want long-term growth from established companies while still paying attention to price, instead of chasing the most expensive “hot” stocks. A key risk is that it still holds stocks that can rise and fall with the overall market, and its tilt toward growth and tech-related names can make it more volatile at times.
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 hard into U.S. travel, tech, and digital platforms, and that mix is creating a bit of a tug-of-war. Monolithic Power is one of the quiet heroes, rising on solid chip demand, while Nvidia and Super Micro Computer are more mixed, with AI excitement battling weaker recent trading. On the consumer side, Uber and Airbnb are holding their own, but cruise names like Royal Caribbean and Carnival are clearly dragging the fund. With all holdings U.S.-based and spread across tech, travel, and services, the story is focused but not overly concentrated in any single giant.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 2.54% | $61.42M | $4.62T | 40.48% | 76 Outperform | |
| Royal Caribbean | 2.51% | $60.83M | $91.02B | 28.32% | 67 Neutral | |
| Host Hotels & Resorts | 2.49% | $60.35M | $13.73B | 21.56% | 77 Outperform | |
| Carnival | 2.40% | $58.11M | $45.63B | 27.96% | 78 Outperform | |
| Delta Air Lines | 2.32% | $56.11M | $46.63B | 11.49% | 80 Outperform | |
| Monolithic Power | 2.28% | $55.19M | $57.33B | 70.96% | 75 Outperform | |
| Arista Networks | 2.08% | $50.32M | $177.13B | 28.16% | 83 Outperform | |
| Uber Technologies | 2.03% | $49.04M | $147.55B | -11.56% | 74 Outperform | |
| United Airlines Holdings | 2.01% | $48.54M | $36.89B | 12.93% | 74 Outperform | |
| Super Micro Computer | 1.88% | $45.56M | $19.19B | -24.22% | 58 Neutral |
SPGP Technical Analysis
Positive
―
Price Trends
115.29
Positive
113.73
Positive
110.09
Positive
Market Momentum
0.41
Negative
53.30
Neutral
79.47
Neutral
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 116.01, equal to the 50-day MA of 115.29, and equal to the 200-day MA of 110.09, indicating a bullish trend. The MACD of 0.41 indicates Negative momentum. The RSI at 53.30 is Neutral, neither overbought nor oversold. The STOCH value of 79.47 is Neutral, 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
116.70
10.09
9.46%
MGC
Vanguard Mega Cap ETF
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―
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PRF
Invesco FTSE RAFI US 1000 ETF
―
―
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QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
FTCS
First Trust Capital Strength ETF
―
―
―
QYLD
Global X NASDAQ 100 Covered Call 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.
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: ―
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