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Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now?
Zacks Investment Research·
The Invesco S&P MidCap 400 GARP ETF (GRPM) is a smart beta ETF with $492.42 million in assets that seeks to track mid-cap companies with consistent growth, reasonable valuation, and strong earnings. With a 0.35% expense ratio and year-to-date performance of 15.89%, it offers diversified exposure across 63 holdings led by Abercrombie & Fitch, Hecla Mining, and Duolingo. Alternative options include Vanguard Morningstar Mid-Cap ETF (VO) and iShares Core S&P Mid-Cap ETF (IJH), which offer lower expense ratios.
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