Invesco S&P SmallCap 600 GARP ETF

GRPZ

Market cap $2.61M

The anticipation of interest rate cuts may skew equities market strength toward the upside. But interest rate news will continue to sway small-cap indexes.

On Wednesday, Invesco rolled out a new addition to its exchange traded fund library with the launch of the Invesco S&P SmallCap 600 GARP ETF (NYSE Arca: GRPZ), a fund that implements a factor-based strategy. GRPZ has a net expense ratio of 0.35%.