EQLT

Workplace Equality Portfolio
C

56
  • Overview
  • Efficiency
  • Tradability
  • Fit

EQLT Fund Description

The Workplace Equality Portfolio tracks an index of global stocks selected by firms' support of lesbian, gay, bisexual, and transgender employees in the workplace. Stocks are equally weighted.

EQLT Factset Analytics Insight

EQLT's principles-based take on equities aims for the moral high ground but carries notable costs and risks. The fund selects firms that support lesbian, gay, bisexual, and transgender employees—requirements include a published non-discrimination policy, full benefits for same-sex spouses and domestic partners, and transgender health coverage. Note that the fund makes no concessions to market-neutral exposure. From a global equity universe, the fund's index picks a relative handful of firms—about 200—deemed LGBT friendly, but in practice, that means almost exclusively US firms. EQLT's small basket, equal weighting, and sector tilts significantly increase overall risk.

EQLT’s high price tag is several times more expensive than plain-vanilla offerings. Weak investor interest has translated to a thin trading market, further raising all-in costs. The risk of fund closure is significant. That said, the fund has no direct competitors; investors who support EQLT’s values should give it a hard look and trade with care.

EQLT MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 21, 2017 the Workplace Equality Portfolio MSCI ESG Fund Quality Score is 5.41 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. EQLT ranks in the 33th percentile within its peer group and in the 51st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
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  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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EQLT Top 10 Countries View All

EQLT Top 10 Sectors

EQLT Top 10 Holdings View All

EQLT Summary Data

ALPS
02/24/14
Open-Ended Fund
0.75%
$17.47M
$30.7K
0.23%

EQLT Portfolio Data

$65.31B
63.87
2.55
1.3%
12/20/17
247

EQLT Index Data

Workplace Equality Index
Equal
Principles-based
MSCI All Country World Investable Markets + Frontier

Related ETFs to EQLT

CRBN, LOWC, MPCT, VT, ACWI
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

EQLT Portfolio Management

0.75%
-0.92%
-0.64%
-1.18%

EQLT Tax Exposures

20% / 39.6%
--
Qualified dividends
No

EQLT Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 17:03:49
Daily Spread
Premium/Discount
Volume

EQLT Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EQLT. EQLT is rated a 4 out of 5.

EQLT Tradability

697
$30.7K
590
$28.26K
0.23%
$0.08
0.13%
1.2% / -2.29%
None
100%
50,000
0.01
0.03%
0.02%
--
$35.18
4

EQLT Sector/Industry BreakdownView All

EQLTSegment Benchmark
12.21% 21.92%
21.88% 21.54%
16.46% 15.33%
11.99% 11.10%
10.78% 9.57%
5.31% 2.86%
3.00% 2.69%
6.11% 0.82%

EQLT Geographic Exposure

EQLTSegment Benchmark
51.99% 90.33%
5.94% 4.05%
3.27% 2.02%
2.59% 1.21%
8.02% 0.79%
3.12% 0.41%
3.25% 0.40%
0.36% 0.39%
1.10% 0.39%

EQLTSegment Benchmark
55.26% 92.35%
21.87% 6.86%
20.16% 0.79%
1.53% --
94.07% / 5.93% 100.00% / 0.00%

EQLT Performance Statistics

0.68
1.1
1.1
1.25
0.3%
MSCI All Country World Investable Markets + Frontier

EQLT MSCI ESG Ratings

5.41 / 10
32.62
50.83
9.12%
4.56%
163.09

EQLT BENCHMARK COMPARISON

    EQLT
    247 Holdings
    Segment Benchmark
    8835 Constituents
    Shared Holdings
    243 (Count)
     
    26.49% (Weight)
EQLTSegment Benchmark
103.15 B 65.31 B
72.61% 74.57%
19.85% 18.86%
6.72% 6.14%
0.82% 0.43%
2.27% 2.05%
Low Low