SPGP: Invesco S&P 500 GARP ETF
The goal of this ETF is to invest for upside potential in bull market and limit drawdown in bear market. 10 year annual return is round 14%. Expense ratio is 0.37% which is relatively high
But the good part of this ETF is that, it invests 25% in tech, 24% in energy, 11% in basic materials, 15% in fiance and consumer cyclicals.
If future inflation is high, its enery/basic materials will do well. If future inflation is low, its tech and consumer cyclicals will do well.
So it is a very well balanced approach to today's market for senior people. :-) Even dividend yield is only 1.37%.
Morning start rating is 4 stars. Very decent ETF.
If you like safety in energy plays and want some exposure to tech sectors, this ETF is your guy. haha...
