EQL

ALPS Equal Sector Weight ETF
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81
*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

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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  • 3 Months
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EQL 4.07% 4.02% 20.62% 6.26% 12.09% 9.00% 12.07%
EQL (NAV) 4.35% 4.23% 20.95% 6.73% 12.19% 9.05% 12.11%
NYSE Select Sector Equal Weight Index -- -- -- -- -- -- 12.11%
MSCI USA Large Cap Index 4.09% 4.55% 21.51% 6.49% 14.56% 10.93% 13.26%
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%
$164.02M
$448.02K
0.07%

EQL Portfolio Data

$168.12B
23.46
2.89
2.08%
09/18/19
13

EQL Index Data

Equal
Market Cap
MSCI USA Large Cap Index

EQL Portfolio Management

0.28%
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--
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EQL Tax Exposures

20.00% / 39.60%
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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 09/18/19
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

6,026
$448.02K
4,666
$352.80K
0.07%
$0.05
-0.01%
1.15% / -1.59%
None
100.00%
50,000
0.09
0.01%
0.09%
0
$76.54
5

EQL Sector/Industry Breakdown


EQL
Segment Benchmark
18.05%
14.77%
14.67%
29.02%
12.32%
13.15%
9.45%
7.74%
9.38%
9.15%
8.97%
2.64%
8.78%
5.11%
8.67%
2.10%
8.67%
14.03%
1.03%
2.30%

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

0.97
0.86
0.86
0.85
0.21%
MSCI USA Large Cap Index

EQL Benchmark Comparison Holdings

13
298
286
66.92%

EQL Benchmark Comparison Summary


EQL
Segment Benchmark
13
298
$168.12B
$268.77B
23.46
21.93
2.89
3.46
2.19%
1.91%
Low
Low

EQL Benchmark Comparison Market Cap Size


EQL
Segment Benchmark
93.13%
99.74%
6.61%
0.26%
0.26%
0.00%
0.00%
0.00%