GARP
iShares MSCI USA Quality GARP ETF
📎 Investment Objective
The iShares MSCI USA Quality GARP ETF (GARP) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting growth at a reasonable price (GARP) characteristics.
Overview
ETF tracking iShares MSCI USA Quality GARP ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI USA Quality GARP ETF (GARP) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting growth at a reasonable price (GARP) characteristics.
🎯 Investment Strategy
The ETF seeks to replicate the performance of the MSCI USA Quality GARP Index, which is designed to represent the performance of U.S. large- and mid-cap stocks with both quality and GARP characteristics. The index selects stocks based on high return on equity, low earnings variability, and reasonable valuations.
✨ Key Features
- Focuses on U.S. large- and mid-cap stocks with quality and growth at a reasonable price (GARP) characteristics
- Seeks to track the MSCI USA Quality GARP Index
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities
- Concentration risk: The ETF is concentrated in the U.S. market and may be more volatile than a more diversified fund
- Style risk: The ETF's focus on quality and GARP stocks may underperform other investment styles at times
- Liquidity risk: As a new ETF, it may have lower trading volume and liquidity compared to more established funds
👤 Best For
The iShares MSCI USA Quality GARP ETF may be suitable for investors seeking exposure to a portfolio of high-quality U.S. large- and mid-cap stocks with growth potential at reasonable valuations. It may be appropriate as a core U.S. equity holding for investors with a medium to long-term investment horizon and a moderate risk tolerance.