Invesco S&P MidCap 400 GARP ETF (GRPM) is a multi-factor ETF. As of October 9, 2026, ETF Copilot scores GRPM 3.9 out of 10 — highest on Quality (7.4), lowest on Value (0.5). It trades at 15.5 times earnings, against its own median of 12.4. Its ten largest holdings are 27% of the fund.
What stands out in GRPM's data
U.S. mid-cap stocks picked for both growth and reasonable price.
Priced in line with similar funds — the edge comes from profitability, not a bargain.
EBITDA multiple of 13.8x sits near the peer median of 13.5x. Return on equity of 22.0% runs above average for the group.
A balanced core for a mid-cap allocation, blending growth with value discipline.
Why did GRPM move this week? It rose 1.5% in the week to October 9, 2026 — Doximity and Morningstar drove it
GRPM rose 1.5% in the week to October 9, 2026. The holdings that moved it most were Doximity (+9.2%), Morningstar (+11.4%) and Abercrombie & Fitch (+4.9%); Oshkosh (−6.4%) pushed the other way.
How is GRPM rated? ETF Copilot scores Invesco S&P MidCap 400 GARP ETF (GRPM) 3.9 out of 10
As of October 9, 2026, ETF Copilot scores Invesco S&P MidCap 400 GARP ETF (GRPM) 3.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.9 / 10
- Growth: 2.4 / 10
- Value: 0.5 / 10
- Risk: 3.7 / 10
- Quality: 7.4 / 10
- Return: 5.6 / 10
Is GRPM expensive right now? It trades at 15.5 times earnings, against its own median of 12.4
As of October 9, 2026, GRPM is more expensive than 79% of its own 39 monthly readings since 2023 — 31 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside GRPM? 24% Tech
What's inside GRPM: Size (Large 0%, Mid 88%, Small 12%); Geography (International 9%, US 92%); Tech 23.9%; Semiconductors 1.6%; Memory 1.6%.
What are GRPM's top holdings? The ten largest are 27% of the fund
Abercrombie & Fitch, Duolingo, Halozyme Therapeutics, Interdigital, Hecla Mining, Renaissancere, Paylocity, Sharkninja, Appfolio and Medpace are GRPM's largest holdings, in that order.
More concentrated than 68% of Multi-factor ETFs.
Half of GRPM's weight sits in its 22 largest positions, and once those weights are taken into account it behaves like 54 equally weighted holdings.
What is GRPM's expense ratio? 0.35% a year
As of October 9, 2026, GRPM charges 0.35% a year, yields 0.56% and holds $503M in assets across 60 positions.
| Measure | GRPM |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 0.56% |
| Assets under management | $503M |
| Holdings | 60 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco S&P MidCap 400 GARP ETF (GRPM) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/grpm
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