ETF of the Day: GARP
GARP is the iShares MSCI USA Quality GARP ETF from BlackRock. It tracks the MSCI USA Quality GARP Select Index, which screens US large- and mid-cap stocks for growth plus quality and value characteristics. GARP stands for growth at a reasonable price.
Key facts: 0.15% expense ratio, about $3.5B in assets, around 134 holdings. Largest positions are Nvidia, Meta, Microsoft, Apple, and Micron, each near 5% of the fund. Technology makes up roughly 59%, with communication services and consumer cyclical next.
YTD: total return of 28.55% through Oct 6, 2026. For context, the S&P 500 sits at 15.14% and QQQ at 24.08% over the same stretch. Five-year total return is about 152.6%.
Worth knowing: the dividend yield is only about 0.24%, paid quarterly, so this is a growth vehicle, not an income one. The heavy tech weighting means it behaves more like QQQ than a broad market fund when megacaps swing.
