ALPS Equal Sector Weight ETFALPS Equal Sector Weight ETFALPS Equal Sector Weight ETF

ALPS Equal Sector Weight ETF

No trades
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Key stats


Assets under management (AUM)
‪531.28 M‬USD
Fund flows (1Y)
‪130.28 M‬USD
Dividend yield (indicated)
1.76%
Discount/Premium to NAV
0.02%
Shares outstanding
‪12.05 M‬
Expense ratio
0.25%

About ALPS Equal Sector Weight ETF


Brand
ALPS
Home page
Inception date
Jul 7, 2009
Structure
Open-Ended Fund
Index tracked
NYSE Select Sector Equal Weight Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ALPS Advisors, Inc.
Distributor
ALPS Portfolio Solutions Distributor, Inc.
EQL uses a fund of funds approach in investingit takes all major sectors that make up the S&P 500 index, and then weights each sector equally. The result is a portfolio of large-cap US stocks that underweights the largest sectors in the index, like technology and financials, and overweights the minor sectors, like basic materials and utilities. Proponents claim that the funds countercyclical rebalancing schedule will help it outperform the regular S&P 500 over time. The index is reconstituted and rebalanced on a quarterly basis.

Broaden your horizons with more funds linked to EQL via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EQL trades at 44.43 USD today, its price has risen 0.46% in the past 24 hours. Track more dynamics on EQL price chart.
EQL net asset value is 44.44 today — it's risen 3.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EQL assets under management is ‪531.28 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EQL price has risen by 3.62% over the last month, and its yearly performance shows a 12.32% increase. See more dynamics on EQL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.93% over the last month, showed a 9.78% increase in three-month performance and has increased by 14.99% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EQL invests in funds. See more details in our Analysis section.
EQL expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EQL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, EQL technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating EQL shows the buy signal. See more of EQL technicals for a more comprehensive analysis.
Yes, EQL pays dividends to its holders with the dividend yield of 1.76%.
EQL trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EQL shares are issued by SS&C Technologies Holdings, Inc.
EQL follows the NYSE Select Sector Equal Weight Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 7, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.