GARP Performance — iShares MSCI USA Quality GARP ETF
Data updated: 2026-08-27
GARP returned +21.43% year to date and +37.25% over one year to Jun 2026. Annualised returns are +31.49% over 3 years and +19.14% over 5 years. The fund beat its US Large Growth category average: $100 invested three years ago grew to $227, against $175 for the category, and to $137 over one year, against $117. Volatility over the past three years was 17.87% a year. In the 12 months to Jun 2026 the fund took in a net $1.5B, and assets reached $2.52B.
GARP Growth of $100
What $100 invested in iShares MSCI USA Quality GARP ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | GARP | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $137 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $227 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $240 | $166 |
| Since data start (Jan 2020 – Jun 2026) | $348 | $250 |
GARP Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.43% |
| 1 year | +37.25% |
| 3 years (annualised) | +31.49% |
| 5 years (annualised) | +19.14% |
GARP Annual Returns
Calendar-year total returns of iShares MSCI USA Quality GARP ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +21.43% |
| 2025 | +21.58% |
| 2024 | +37.33% |
| 2023 | +42.77% |
| 2022 | −26.73% |
| 2021 | +28.05% |
| 2020 | +28.30% |
GARP Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.1% | −2.3% | −5.8% | +14.3% | +12.0% | +0.9% | — | — | — | — | — | — |
| 2025 | +3.7% | −4.2% | −8.5% | +2.4% | +8.8% | +6.3% | +1.7% | +1.5% | +5.5% | +4.8% | −1.6% | +0.6% |
| 2024 | +4.0% | +8.2% | +3.0% | −5.2% | +8.0% | +6.5% | −1.1% | +1.6% | +2.7% | −2.1% | +7.2% | +0.4% |
| 2023 | +8.7% | −0.4% | +5.5% | +0.3% | +3.4% | +7.4% | +2.4% | −0.8% | −4.2% | −1.0% | +11.3% | +4.5% |
| 2022 | −8.7% | −3.5% | +2.7% | −10.5% | −2.0% | −8.1% | +12.8% | −4.6% | −8.9% | +6.8% | +4.3% | −7.9% |
| 2021 | +0.7% | −0.9% | +2.4% | +5.4% | −0.6% | +5.6% | +3.4% | +4.3% | −6.4% | +8.5% | +1.4% | +2.0% |
| 2020 | −1.6% | −7.8% | −10.2% | +14.2% | +6.8% | +4.5% | +6.0% | +7.8% | −3.2% | −4.3% | +10.4% | +5.7% |
GARP Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.87%
- 3-year Sharpe ratio: 1.51 (vs 4.5% risk-free rate)
- Best month: +14.26% (Apr 2026)
- Worst month: −8.54% (Mar 2025)
GARP Fund Flows
Monthly money in and out of iShares MSCI USA Quality GARP ETF, from SEC Form N-PORT.
- 12-month net flow: $1.5B
- 12-month gross sales (incl. reinvestments): $2.2B
- Sales ÷ redemptions: 3.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $202.3M | $200.1M | $2.2M |
| May 2026 | $422.2M | $0 | $422.2M |
| Apr 2026 | $257.1M | $0 | $257.1M |
| Mar 2026 | $148.6M | $3.3M | $145.3M |
| Feb 2026 | $102.0M | $27.2M | $74.8M |
| Jan 2026 | $233.5M | $0 | $233.5M |
| Dec 2025 | $48.0M | $119.6M | −$71.6M |
| Nov 2025 | $91.2M | $191.5M | −$100.3M |
| Oct 2025 | $398.1M | $0 | $398.1M |
| Sep 2025 | $54.9M | $3.2M | $51.6M |
| Aug 2025 | $154.8M | $111.9M | $42.8M |
| Jul 2025 | $67.3M | $6.0M | $61.2M |
GARP Assets Under Management
Net assets of iShares MSCI USA Quality GARP ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.52B |
| 2026-03-31 | $1.36B |
| 2025-12-31 | $997.37M |
| 2025-09-30 | $745.28M |
| 2025-06-30 | $534.09M |
| 2025-03-31 | $316.18M |
| 2024-12-31 | $216.35M |
| 2024-09-30 | $141.52M |
| 2024-06-30 | $88.13M |
| 2024-03-31 | $49.95M |
| 2023-12-31 | $24.66M |
| 2023-09-30 | $5.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.