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SPGP - ETF AI Analysis
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Invesco S&P 500 GARP ETF (NYSE Arca:SPGP)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top positions, like Nvidia and Super Micro Computer, have delivered strong year-to-date performance, supporting the fund’s returns.
Sector Diversification
The ETF invests across ten sectors, reducing the risk of being overly exposed to a single industry.
Reasonable Expense Ratio
The fund’s expense ratio is relatively low, making it cost-effective compared to many actively managed funds.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, offering little exposure to international markets.
Underperforming Holdings
Some holdings, like Host Hotels & Resorts, have struggled with negative year-to-date performance, dragging on overall results.
Sector Overweight in Technology
The fund’s largest sector exposure is in technology, which could increase vulnerability to downturns in that industry.
SPGP vs. SPDR S&P 500 ETF (SPY)
AUM2.45B
RegionNorth America
Expense Ratio0.36%
Beta0.97
IssuerInvesco
Inception DateJun 16, 2011
Dividend Yield1.03%
Asset ClassEquity
Index TrackedS&P 500 GARP Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume81,634
30 Day Avg. Volume97,073
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
134.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering76
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPGP Summary
The Invesco S&P 500 GARP ETF (SPGP) is an investment fund that focuses on large U.S. companies with strong growth potential at reasonable prices. It follows the S&P 500 GARP Index, blending growth and value investing strategies. Some of its top holdings include well-known companies like Nvidia and Uber Technologies. This ETF is ideal for investors looking to diversify their portfolio with established companies that have room to grow. However, since it invests heavily in sectors like technology and consumer cyclical, its performance can be affected by market fluctuations in those industries.
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
The Invesco S&P 500 GARP ETF leans heavily into technology and consumer cyclical sectors, with standout contributions from names like Monolithic Power, which is riding strong financial performance and strategic positioning in key markets. Delta Air Lines and United Airlines are also lifting the fund, benefiting from robust revenue growth and operational resilience. However, Nvidia’s recent mixed performance and Uber’s lagging momentum are holding back gains slightly. With its U.S.-centric focus and a balanced mix of growth and value, the fund is well-positioned but faces some headwinds from high-valuation tech names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 2.51% | $61.47M | $4.53T | 35.23% | 76 Outperform | |
| Uber Technologies | 2.42% | $59.25M | $176.30B | 26.00% | 74 Outperform | |
| Delta Air Lines | 2.32% | $56.99M | $45.99B | 7.00% | 80 Outperform | |
| Host Hotels & Resorts | 2.32% | $56.79M | $12.78B | 8.97% | 77 Outperform | |
| Carnival | 2.14% | $52.57M | $37.98B | 11.88% | 78 Outperform | |
| Royal Caribbean | 2.10% | $51.54M | $75.27B | 14.14% | 67 Neutral | |
| Airbnb | 2.09% | $51.31M | $80.43B | -3.30% | 71 Outperform | |
| United Airlines Holdings | 2.05% | $50.26M | $36.74B | 5.69% | 74 Outperform | |
| Expedia | 1.97% | $48.39M | $34.94B | 52.24% | 80 Outperform | |
| Arista Networks | 1.94% | $47.51M | $163.49B | 8.24% | 83 Outperform |
SPGP Technical Analysis
Positive
―
Price Trends
113.31
Positive
113.11
Positive
108.05
Positive
Market Momentum
0.77
Positive
53.37
Neutral
42.92
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 115.79, equal to the 50-day MA of 113.31, and equal to the 200-day MA of 108.05, indicating a bullish trend. The MACD of 0.77 indicates Positive momentum. The RSI at 53.37 is Neutral, neither overbought nor oversold. The STOCH value of 42.92 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
115.92
6.32
5.77%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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QYLD
Global X NASDAQ 100 Covered Call ETF
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―
―
FTCS
First Trust Capital Strength ETF
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―
―
QQQI
NEOS Nasdaq 100 High Income 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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