GRPM
Invesco S&P MidCap 400 GARP ETF
Invesco S&P Mid Cap 400 Equal Weight ETF is an exchange-traded fund incorporated in the USA. The Fund's investment objective is to correspond as closely as possible, before fees and expenses, to the price and yield performance of the S&P Mid Cap 400 Equal Weight Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 462.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Inception date | Dec 03, 2010 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CELSIUS HOLDINGS, INC. | 3.6 % |
| RAMBUS INC | 3.2 % |
| COMFORT SYSTEMS USA INC | 3.2 % |
| MEDPACE HOLDINGS, INC. | 3.1 % |
| APPFOLIO INC CLASS A | 2.5 % |
| HYATT HOTELS CORP - CL A | 2.4 % |
| RENAISSANCERE HOLDINGS LTD | 2.3 % |
| HALOZYME THERAPEUTICS INC | 2.3 % |
| AAON INC | 2.3 % |
| UNITED THERAPEUTICS CORP | 2.2 % |
Constituent Breakdown
| Number of holdings | 57 |
| Herfindahl-Hirschman Index | 187 |
| Wgt avg mkt cap (mns) | $9,284 |
| Large cap (>$10bn) | 32.2% |
| Mid cap ($2-10bn) | 63.2% |
| Small cap (<$2bn) | 1.4% |
| Developed mkts. | 96.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.3 % |
 |
BERMUDA | 2.3 % |
 |
CAYMAN ISLANDS | 2.1 % |
 |
SWITZERLAND | 1.0 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.5% | 12.9% | -0.9% | 10.8% | 5.8% | 9.3% | -- | 9.3% |
| Dividend Yield | 0.2% | 1.2% | 1.1% | 1.2% | 1.2% | 1.3% | -- | 1.4% |
| Total Returns | -1.3% | 14.1% | 0.2% | 11.9% | 7.0% | 10.6% | -- | 10.8% | Ann. Volatility | 16.8% | 23.2% | 21.3% | 20.2% | 21.0% | 22.3% | -- | 20.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.05 | 74% |
| MSCI EAFE | 0.91 | 48% |
| MSCI Emg Mkts | 0.71 | 39% |
Liquidity Measures
| Avg. volume (000) | 16 |
| ADV traded (mns) | $2 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.27% |
Technical Indicators
| 30d moving avg. (EMA) | $122.06 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 1.72/1.30 |
| Bollinger Bands (Upper/Lower) | $128.27/$115.72 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GRPM |
Expenses vs. GRPM |
ALTAR Score™ vs. GRPM |
|---|---|---|---|---|
| RFG | Invesco S&P Midcap 400 Pure Growth ETF | 39.3% | 0 bp | -2.3% |
| XMHQ | Invesco S&P MidCap Quality ETF | 34.1% | -10 bp | -0.8% |
| RNSC | Furst Trust Small Cap US Equity Select ETF | 20.0% | +25 bp | -2.3% |
| XMVM | Invesco S&P MidCap Value with Momentum ETF | 20.0% | +4 bp | +0.1% |
| MCOW | Pacer S&P MidCap 400 Quality FCF Aristocrats ETF | 18.8% | +14 bp | -0.3% |
| CSMD | Congress SMid Growth ETF | 16.3% | +34 bp | -3.6% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 16.2% | -20 bp | -1.1% |
| GRNJ | Fundstrat Granny Shots US Small & Mid Cap ETF | 15.9% | +40 bp | -5.5% |
| MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | 15.9% | -20 bp | -3.0% |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | 15.8% | -18 bp | -3.0% |
Risk and Returns: GRPM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/29/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.0%
ALTAR SCORE™
89th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. GRPM's ALTAR Score™ is approximately 1.2 standard
deviations above the category average. This places GRPM in the 89th percentile
among funds in the category.
Sell-Side Consensus
$152.64
PRICE TARGET
+22.2%
UPSIDE