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

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 12/03/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EQL 0.37% 4.65% 22.69% 11.17% 11.63% 8.60% 11.85%
EQL (NAV) 0.25% 4.66% 22.64% 11.19% 11.66% 8.60% 11.86%
NYSE Select Sector Equal Weight Index -- -- -- -- -- -- 11.86%
MSCI USA Large Cap Index 1.26% 7.10% 25.87% 13.44% 15.00% 10.84% 13.19%
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%
$166.99M
$241.76K
0.08%

EQL Portfolio Data

$177.74B
23.75
2.95
2.03%
12/18/19
13

EQL Index Data

Equal
Market Cap
MSCI USA Large Cap Index

EQL Portfolio Management

0.28%
--
--
--

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 12/04/19
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

3,067
$241.76K
2,320
$192.40K
0.08%
$0.06
-0.03%
0.87% / -1.59%
None
100.00%
50,000
0.05
0.01%
0.09%
0
$77.24
5

EQL Sector/Industry Breakdown


EQL
Segment Benchmark
17.90%
14.91%
14.40%
29.12%
12.07%
12.83%
9.63%
9.40%
9.25%
7.58%
9.10%
14.14%
9.00%
2.89%
8.68%
4.58%
8.68%
2.09%
1.28%
2.47%

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
0.88
0.89
0.88
0.17%
MSCI USA Large Cap Index

EQL Benchmark Comparison Holdings

13
297
284
67.16%

EQL Benchmark Comparison Summary


EQL
Segment Benchmark
13
297
$177.74B
$289.15B
23.75
22.53
2.95
3.59
2.14%
1.86%
Low
Low

EQL Benchmark Comparison Market Cap Size


EQL
Segment Benchmark
93.96%
99.86%
6.04%
0.14%
0.00%
0.00%
0.00%
0.00%