Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs SPMO: how they differ
GARP and SPMO hold 34% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and Invesco S&P 500 Momentum ETF.
What they hold in common
By the books each fund has filed, GARP and SPMO hold 34% of their money in the same securities at the same weight.
| Holding | GARP | SPMO |
|---|---|---|
| MICRON TECHNOLOGY INC | 6.07% | 10.72% |
| NVIDIA CORP | 4.16% | 8.46% |
| BROADCOM INC | 3.96% | 7.58% |
| LAM RESEARCH CORP | 3.79% | 3.54% |
| ALPHABET INC | 2.88% | 4.81% |
| ADVANCED MICRO DEVICES INC | 2.21% | 4.14% |
| GE AEROSPACE | 2.13% | 1.63% |
| KLA CORP | 6.46% | 1.39% |
| PALANTIR TECHNOLOGIES INC | 1.78% | 1.39% |
| AMPHENOL CORP | 1.52% | 1.30% |
| ALPHABET INC | 0.91% | 3.81% |
| CITIGROUP INC | 0.62% | 0.97% |
| Only in GARP | Only in SPMO |
|---|---|
| APPLE INC 4.44% | Johnson & Johnson 3.85% |
| MICROSOFT CORP 4.10% | Intel Corp. 2.95% |
| ELI LILLY & COMPANY 3.73% | Exxon Mobil Corp. 2.78% |
| VISA INC 3.73% | Caterpillar Inc. 2.60% |
| META PLATFORMS INC 3.35% | Sandisk Corp. 2.46% |
| FORTINET INC 3.16% | Cisco Systems, Inc. 2.02% |
| NETFLIX INC 2.85% | Seagate Technology Holdings PLC 1.88% |
| ADOBE INC 2.71% | Applied Materials, Inc. 1.77% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| GARP iShares MSCI USA Quality GARP ETF | SPMO Invesco S&P 500 Momentum ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI USA Quality GARP | S&P 500 Momentum |
| Total return, 1 year | +29.5% | +24.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +7.0 pts |
| Expense ratio | 0.15% | 0.13% |
| Already in the S&P 500 | 94.4% | 100.0% |
| Holdings | 131 | 99 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
SPMO in plain words
SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 52.6%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or SPMO?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and SPMO returned +24.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or SPMO?
- GARP charges 0.15% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.
- How much do GARP and SPMO overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 100% of SPMO by weight is stocks the S&P 500 already holds. Between the two funds, 34% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against SPMO, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-SPMO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources