EQLALPS Equal Sector Weight ETF
EQL Fund Description
EQL tracks an equal-weighted index of all select sector SPDR ETFs.
EQL Factset Analytics Insight
EQL uses a “fund of funds” approach in investing—it 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 fund’s countercyclical rebalancing schedule will help it outperform the regular S&P 500 over time. The index is reconstituted and rebalanced on a quarterly basis.
EQL MSCI ESG Analytics Insight
ALPS Equal Sector Weight ETF has an MSCI ESG Fund Rating of A based on a score of 6.45 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. ALPS Equal Sector Weight ETF ranks in the 54th percentile within its peer group and in the 59th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EQL Summary Data
EQL Portfolio Data
EQL Index Data
EQL Portfolio Management
EQL Tax Exposures
EQL Fund Structure
EQL Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
EQL Top 10 Holdings[View All]
EQL Economic Development
EQL Performance Statistics
EQL MSCI ESG Ratings
EQL Benchmark Comparison Summary
EQL Benchmark Comparison Market Cap Size