SPGP vs TSPA

Comparison between INVESCO S&P 500 GARP ETF (SPGP, ETF) and T. ROWE PRICE U.S. EQUITY RESEARCH ETF (TSPA, ETF).

5-Year PerformanceTSPA has outperformed SPGP, delivering a return of +14.3% compared to +7.3%

SPGP vs TSPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPGP(ETF)	TSPA(ETF)
Net Assets	$2.10B	$2.10B
Expense Ratio	0.36%	0.34%
Max Drawdown	42.43%	24.72%
Sharpe Ratio	1.08	2.00
5Y Beta	1.02	0.97
P/E Ratio	18.77	29.92
Forward P/E	16.28	22.50
PEG Ratio	0.70	0.59
5Y Dividends CAGR	8.12%	N/A
5Y EPS CAGR	23.14%	28.25%
Debt to Equity	76.23%	44.08%
P/S Ratio	2.23	3.64
P/B Ratio	3.45	5.41

Net Assets

SPGP

$2.10B

TSPA

$2.10B

Expense Ratio

SPGP

0.36%

Winner

TSPA

0.34%

Max Drawdown

SPGP

42.43%

Winner

TSPA

24.72%

Sharpe Ratio

SPGP

1.08

Winner

TSPA

2.00

5Y Beta

SPGP

1.02

Winner

TSPA

0.97

P/E Ratio

Winner

SPGP

18.77

TSPA

29.92

Forward P/E

Winner

SPGP

16.28

TSPA

22.50

PEG Ratio

SPGP

0.70

Winner

TSPA

0.59

5Y Dividends CAGR

SPGP

8.12%

TSPA

N/A

5Y EPS CAGR

SPGP

23.14%

Winner

TSPA

28.25%

Debt to Equity

SPGP

76.23%

Winner

TSPA

44.08%

P/S Ratio

Winner

SPGP

2.23

TSPA

3.64

P/B Ratio

Winner

SPGP

3.45

TSPA

5.41

SPGP vs TSPA - Holdings Comparison

SPGP and TSPA have 42 common holdings. Overlap is 13.69%

SPGP's top 25 holdings weight is 49.19%. TSPA's top 25 holdings weight is 48.99%.

Rank	SPGP	TSPA
#1	MONOLITHIC POWER SYSTEMS INC (MPWR) - 2.94%	NVIDIA CORP (NVDA) - 7.73%
#2	NVIDIA CORP (NVDA) - 2.92%	APPLE INC (AAPL) - 6.96%
#3	HOST HOTELS & RESORTS INC (HST) - 2.68%	MICROSOFT CORP (MSFT) - 4.96%
#4	ARISTA NETWORKS INC (ANET) - 2.51%	AMAZON.COM INC (AMZN) - 3.77%
#5	DELTA AIR LINES INC (DAL) - 2.24%	ALPHABET INC CLASS C (GOOG) - 3.17%
#6	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.24%	BROADCOM INC (AVGO) - 2.80%
#7	NORTHERN TRUST CORP (NTRS) - 2.18%	META PLATFORMS INC CLASS A (META) - 2.40%
#8	UBER TECHNOLOGIES INC (UBER) - 2.17%	ALPHABET INC CLASS A (GOOGL) - 2.36%
#9	BAKER HUGHES CO CLASS A (BKR) - 2.06%	TESLA INC (TSLA) - 1.77%
#10	EMCOR GROUP INC (EME) - 2.00%	ELI LILLY AND CO (LLY) - 1.38%
#11	EBAY INC (EBAY) - 2.00%	JPMORGAN CHASE & CO (JPM) - 1.35%
#12	ROYAL CARIBBEAN GROUP (RCL) - 1.98%	EXXON MOBIL CORP (XOM) - 1.12%
#13	CARNIVAL CORP (CCL) - 1.96%	VISA INC CLASS A (V) - 1.05%
#14	FORTINET INC (FTNT) - 1.73%	T-MOBILE US INC (TMUS) - 1.03%
#15	SLB LTD (SLB) - 1.72%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.01%
#16	EXPEDIA GROUP INC (EXPE) - 1.66%	WALMART INC (WMT) - 0.99%
#17	ARCH CAPITAL GROUP LTD (ACGL) - 1.65%	NETFLIX INC (NFLX) - 0.98%
#18	SUPER MICRO COMPUTER INC (SMCI) - 1.64%	JOHNSON & JOHNSON (JNJ) - 0.95%
#19	UNITED AIRLINES HOLDINGS INC (UAL) - 1.63%	CHEVRON CORP (CVX) - 0.82%
#20	TEXAS PACIFIC LAND CORP (TPL) - 1.63%	MASTERCARD INC CLASS A (MA) - 0.80%
#21	SYNCHRONY FINANCIAL (SYF) - 1.58%	ABBOTT LABORATORIES (ABT) - 0.32%
#22	UNITED RENTALS INC (URI) - 1.56%	AMPHENOL CORP CLASS A (APH) - 0.32%
#23	BLOCK INC CLASS A (XYZ) - 1.55%	CSX CORP (CSX) - 0.32%
#24	HALLIBURTON CO (HAL) - 1.51%	NORTHROP GRUMMAN CORP (NOC) - 0.32%
#25	DECKERS OUTDOOR CORP (DECK) - 1.45%	ALLSTATE CORP (ALL) - 0.31%
Total Holdings	76	272

SPGP vs TSPA - Historical Returns

Returns include dividend reinvestment.

Period	SPGP	TSPA
1 month	+4.50%	+9.39%
3 months	+0.28%	+6.99%
6 months	+5.99%	+11.27%
1 year	+19.68%	+32.17%
5 years(CAGR)	+7.33%	+14.33%
10 years(CAGR)	+14.86%	N/A
Max(CAGR)	+14.18%	+14.33%

SPGP

+4.50%

Winner

TSPA

+9.39%

SPGP

+0.28%

Winner

TSPA

+6.99%

SPGP

+5.99%

Winner

TSPA

+11.27%

SPGP

+19.68%

Winner

TSPA

+32.17%

5Y(CAGR)

SPGP

+7.33%

Winner

TSPA

+14.33%

10Y(CAGR)

SPGP

+14.86%

TSPA

N/A

Max(CAGR)

SPGP

+14.18%

Winner

TSPA

+14.33%

SPGP vs TSPA - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	SPGP	TSPA
2026	+2.83%	+8.86%
2025	+9.79%	+16.49%
2024	+8.64%	+27.28%
2023	+21.05%	+30.41%
2022	-13.53%	-19.11%
2021	+37.67%	+13.72%
2020	+14.92%	N/A
2019	+39.98%	N/A
2018	+0.65%	N/A
2017	+34.72%	N/A
2016	+1.84%	N/A
2015	+6.62%	N/A
2014	+17.46%	N/A
2013	+26.61%	N/A
2012	+14.10%	N/A
2011	+1.02%	N/A

SPGP vs TSPA Drawdown Comparison

The maximum drawdown for SPGP was -42.07%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

The maximum drawdown for TSPA was -24.72%, occurring on Oct 12, 2022. Recovery took 478 trading sessions.

The current SPGP drawdown is -0.64%.

Rank	SPGP	TSPA
#1	-42.07% Feb 13, 2020 - Nov 5, 2020	-24.72% Dec 29, 2021 - Nov 22, 2023
#2	-22.88% Dec 2, 2024 - Aug 13, 2025	-19.04% Feb 19, 2025 - Jun 27, 2025
#3	-22.80% Oct 1, 2018 - Apr 3, 2019	-9.24% Jan 29, 2026 - Apr 14, 2026
#4	-22.65% Dec 29, 2021 - Jul 31, 2023	-8.90% Jul 16, 2024 - Sep 19, 2024
#5	-19.36% Aug 5, 2015 - Jan 25, 2017	-5.49% Mar 28, 2024 - May 14, 2024
#6	-16.83% Jul 25, 2011 - Jan 26, 2012	-5.40% Oct 29, 2025 - Dec 11, 2025
#7	-11.16% Jan 6, 2026 - Apr 17, 2026	-4.78% Aug 30, 2021 - Oct 19, 2021
#8	-10.69% Jul 24, 2019 - Oct 24, 2019	-4.16% Nov 16, 2021 - Dec 23, 2021
#9	-9.68% Jul 31, 2023 - Dec 13, 2023	-3.91% Dec 6, 2024 - Jan 22, 2025
#10	-9.65% Jan 26, 2018 - Mar 9, 2018	-2.97% Oct 8, 2025 - Oct 24, 2025
#11	-9.57% Jul 16, 2024 - Oct 4, 2024	-2.82% Jul 12, 2021 - Jul 23, 2021
#12	-8.58% Sep 19, 2014 - Nov 11, 2014	-2.77% Dec 11, 2025 - Dec 23, 2025
#13	-8.55% Apr 2, 2012 - Aug 7, 2012	-2.64% Oct 14, 2024 - Nov 6, 2024
#14	-8.04% May 3, 2019 - Jun 20, 2019	-2.59% Jan 12, 2026 - Jan 27, 2026
#15	-7.95% Sep 19, 2012 - Jan 22, 2013	-2.36% Nov 11, 2024 - Nov 26, 2024

Correlation

Correlation between SPGP and TSPA is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2011 - 2026)

SPGP vs TSPA dividend yield comparison.

Year	SPGP	TSPA
2026	0.28%	0.00%
2025	1.04%	0.62%
2024	1.38%	0.50%
2023	1.24%	0.41%
2022	1.22%	1.16%
2021	0.69%	0.43%
2020	1.10%	0.00%
2019	0.86%	0.00%
2018	0.95%	0.00%
2017	0.68%	0.00%
2016	0.89%	0.00%
2015	1.12%	0.00%
2014	1.52%	0.00%
2013	2.11%	0.00%
2012	1.49%	0.00%
2011	1.27%	0.00%