Invesco Exchange-Traded Fund Trust II (GRPZ) Performance
GRPZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.2% since Dec 31, 2025
- 1 year
- +18.7% total return
- Since first price
- +28.1% since 2024
GRPZ trailing returns vs SPY, QQQ, AGG
| Period | GRPZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.1% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.1% | −0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.2% | +5.7% | +7.8% | +8.4% | −1.5% |
| YTD | +19.2% | +18.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.7% | +17.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 27, 2024 | +28.1% | +25.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GRPZ vs SPY
From Mar 27, 2024: GRPZ grew to $12,814, SPY to $14,955.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GRPZ returns by calendar year
1 of 1 full years positive. Best 2025 (+3.1%), worst 2025 (+3.1%). 2026 is year to date.
GRPZ annual returns table
| Year | GRPZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.2% | −10.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +3.1% | −23.9% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GRPZ largest drawdowns
Now 7.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −27.9% | Apr 8, 2025 | Jan 15, 2026 | 4 months | 1.1 years |
| Aug 4, 2026 | −10.3% | Sep 30, 2026 | not yet | 57 days | 3 months so far |
| Jul 31, 2024 | −10.1% | Aug 7, 2024 | Nov 6, 2024 | 7 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GRPZ risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +8.4% |
| Volatility (annualized) | 19.2% |
| Sharpe ratio | 0.29 |
| Sortino ratio | 0.51 |
| Best month | +13.1% |
| Worst month | −7.5% |
| Best 12 months | +33.6% |
| Worst 12 months | −6.6% |
| Positive months | 50% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GRPZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | −6.6% | +6.2% | +33.6% | 75% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
GRPZ performance overview
Invesco Exchange-Traded Fund Trust II (GRPZ) returned +18.7% over the past year, with distributions reinvested. Since its first recorded price on Mar 27, 2024 it has returned +28.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −27.9%, from Nov 25, 2024 to Apr 8, 2025, and it took 9 months to get back to the old high. Volatility has been 19.2% a year.
Related: GRPZ chart, GRPZ holdings, GRPZ dividends, GRPZ valuation. See the GRPZ overview for the latest quote and fund facts.
GRPZ performance FAQ
What is the GRPZ return over the past year?
GRPZ returned +18.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.6%.
How much would $10,000 invested in GRPZ be worth?
$10,000 invested in GRPZ at its first recorded close on March 27, 2024 would be worth about $12,814 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GRPZ?
The largest peak-to-trough decline was −27.9% between November 25, 2024 and April 8, 2025. It recovered to the old high on January 15, 2026, 9 months after the bottom.
How volatile is GRPZ?
Over the past history GRPZ had an annualized volatility of 19.2% and a Sharpe ratio of 0.29 (excess return over 1–3 month T-bills per unit of risk).