Reported 19 days ago
The recent substantial rise of the S&P 500 has led some investors to consider the valuation of the index, which now has a high average P/E ratio. The Invesco S&P 500 GARP ETF offers an alternative by focusing on reasonably priced stocks backed by growth, featuring a much lower average P/E ratio. While it has underperformed the S&P 500 recently, historical data suggests it is a sound long-term investment, making it an appealing option for value-conscious investors.
Source: YAHOO