Summary
Invesco S&P MidCap 400 GARP ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 63. The ten largest make up 27% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $504.8M
- Positions
- 63
- Dividend yield
- 0.56%
- Running since
- 2010
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last ten years: 10%.
- It has been running since 2010.
What to watch
- 93% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.0%
- 3 months
- +5.9%
- This year
- +17%
- 1 year
- +19%
- 3 years
- +67%
- 5 years
- +48%
- 10 years
- +167%
- Avg. market cap
- $10.4B
- P/E
- 15.2x
- Forward P/E
- 15.0x
- P/S
- 2.1x
- P/B
- 3.9x
- P/FCF
- 12.4x
- EV/EBITDA
- 12.7x
- Dividend yield
- 0.67%
- ROIC
- 22.3%
- ROE
- 40.2%
- Gross margin
- 56.9%
- Operating margin
- 23.2%
- Net margin
- 19.2%
- Payout ratio
- 10.1%
- Net debt/EBITDA
- 0.2x
- Beta
- 1.00
Weighted average of the 50 largest companies, which make up 90% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ANAbercrombie & Fitch ANF 3.5%
- 2 HAHalozyme Therapeutics HALO 3.2%
- 3 DUDuolingo DUOL 2.9%
- 4 IDInterDigital IDCC 2.7%
- 5 PCPaylocity PCTY 2.6%
- 6 APAppFolio APPF 2.6%
- 7 RNRenaissanceRe RNR 2.5%
- 8 SNSharkNinja, Inc. SN 2.5%
- 9 MEMedpace MEDP 2.4%
- 10 DODocuSign DOCU 2.3%
Positions in the fund: 63. The ten largest make up 27% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One countryBy sector
- Technology 23%
- Financials 22%
- Healthcare 20%
- Consumer cyclical 13%
- Industrials 10%
- Other 11%
By country
- United States 93%
- Bermuda 2.5%
- United Kingdom 2.1%
- Sweden 1.1%
- Other countries 1.1%
By company size
- Large cap 36%
- Mid cap 64%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (23%). Largest country: United States (93%). Largest size group: Mid cap (64%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- A year on average, 10 years
- +10%
- Deepest drop
- -29%
- Yearly volatility
- 15%
Average yearly growth over the last ten years: 10%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.56%
- Payments a year
- 4
- Last payment
- $0.15
Over the last 12 months it paid $0.78 per share, which is 0.56% of today's price. The last payment was $0.15 on Sep 21, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.27M
- Shares a day
- 9.1K
On an average day about $1.27M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 15.2
- Average Bulios Score
- 78 out of 100
Weight by Bulios Fair Price
- Undervalued 31%
- Fairly valued 29%
- Overvalued 40%
On average the companies inside trade for 15.2 times their yearly profit. By Fair Price, 40% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 90% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XM XMHQ Invesco S&P MidCap Quality ETF | United States | 0.30% | $5.44B | +9.4% | Pays out | 45% |
RF RFG Invesco S&P MidCap 400 Pure Growth ETF | United States | 0.35% | $319.3M | +13% | Pays out | 29% |
MC MCOW Pacer Funds Trust - Pacer S&P MidCap 400 Quality FCF Aristocrats ETF | United States | 0.49% | $1.11M | +7.7% | - | 29% |
IJ IJK iShares S&P Mid-Cap 400 Growth ETF | United States | 0.16% | $10.4B | +13% | Pays out | 23% |
MD MDYG State Street SPDR S&P 400 Mid Cap Growth ETF | United States | 0.15% | $2.78B | +13% | Pays out | 23% |
FS FSGS First Trust SMID Growth Strength ETF | United States | 0.60% | $29.2M | +4.4% | Pays out | 23% |