EQL

ALPS Equal Sector Weight ETF
*Unless otherwise stated, data provided by FactSet.

EQL Fund Description

EQL tracks an equal-weighted index of the 9 select sector SPDR ETFs.

EQL Factset Analytics Insight

EQL takes the 9 major sectors that make up the S&P 500 index, weights each sector equally and rebalances on a quarterly basis. The result is a portfolio that underweights the largest sectors in the index, like technology and financials, and overweights the minor sectors, like basic materials and utilities. Is this a good idea? It depends on your view of those sectors, and on the importance of rebalancing. Proponents claim that its countercyclical rebalancing schedule will help it outperform the regular S&P 500 over time. So far, the fund has not generated statistically significant alpha. EQL isn't cheap (though a recent fee cut certainly helps) and needs to be traded with care.

EQL Charts And Performance

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Total Return Chart (%)
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  • 3 Years
  • 5 Years
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EQL Summary Data

SS&C
ALPS
07/07/09
Open-Ended Fund
0.28%
$146.16M
$529.25K
0.15%

EQL Portfolio Data

$185.34B
26.65
2.42
2.62%
09/16/20
13

EQL Index Data

Equal
Market Cap
MSCI USA Large Cap Index

EQL Portfolio Management

0.28%
-0.16%
-0.10%
-0.20%

EQL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

EQL Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

EQL Factset Analytics Block Liquidity

As of 07/03/20
5
4
3
2
1

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

EQL Tradability

7,348
$529.25K
5,170
$368.63K
0.15%
$0.10
-0.04%
0.52% / -1.01%
None
100.00%
50,000
0.10
0.01%
0.09%
0
$72.67
5

EQL Sector/Industry Breakdown


EQL
Segment Benchmark
17.32%
12.17%
14.76%
32.92%
12.01%
13.38%
9.73%
2.99%
9.01%
7.56%
8.82%
15.60%
8.79%
1.96%
8.76%
7.45%
8.51%
2.87%
1.36%
2.29%

EQL Top 10 Holdings[View All]

9.38%
9.32%
9.26%
9.18%
9.18%
9.17%
9.07%
9.05%
9.01%
8.72%
91.34%

EQL Countries


EQL
Segment Benchmark
100.00%
100.00%

EQL Regions


EQL
Segment Benchmark
100.00%
100.00%

EQL Economic Development


EQL
Segment Benchmark
100.00%
100.00%

EQL Performance Statistics

0.98
1.00
1.00
1.02
0.31%
MSCI USA Large Cap Index

EQL Benchmark Comparison Holdings

13
294
283
64.65%

EQL Benchmark Comparison Summary


EQL
Segment Benchmark
13
294
$185.34B
$346.64B
26.65
22.10
2.42
3.32
2.76%
2.09%
Low
Low

EQL Benchmark Comparison Market Cap Size


EQL
Segment Benchmark
90.11%
99.05%
9.85%
0.95%
0.04%
0.00%
0.00%
0.00%