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 (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 04/06/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EQL -12.76% -19.98% -19.91% -11.34% 2.66% 4.52% 8.97%
EQL (NAV) -12.83% -20.19% -20.12% -11.59% 2.58% 4.49% 8.95%
NYSE Select Sector Equal Weight Index -12.79% -20.14% -20.07% -11.46% 6.63% 6.07% 8.95%
MSCI USA Large Cap Index -9.59% -16.48% -15.96% -4.31% 7.13% 7.85% 10.93%
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%
$118.48M
$787.06K
0.29%

EQL Portfolio Data

$193.04B
24.39
2.93
3.19%
03/18/20
501

EQL Index Data

Equal
Market Cap
MSCI USA Large Cap Index

EQL Portfolio Management

0.28%
-0.15%
-0.10%
-1.36%

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 04/07/20
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

11,826
$787.06K
8,287
$535.76K
0.29%
$0.21
-0.04%
0.52% / -1.01%
None
100.00%
50,000
0.17
0.02%
0.09%
0
$63.23
5

EQL Sector/Industry Breakdown


EQL
Segment Benchmark
18.20%
14.17%
15.25%
31.53%
12.18%
12.77%
9.79%
3.09%
9.44%
7.47%
9.19%
8.89%
8.91%
14.16%
8.24%
1.90%
7.37%
3.56%
1.30%
2.36%

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

0.99
0.98
0.98
1.02
0.23%
MSCI USA Large Cap Index

EQL Benchmark Comparison Holdings

501
295
283
66.26%

EQL Benchmark Comparison Summary


EQL
Segment Benchmark
501
295
$193.04B
$331.71B
24.39
22.81
2.93
3.58
2.27%
1.90%
Low
Low

EQL Benchmark Comparison Market Cap Size


EQL
Segment Benchmark
93.19%
99.71%
6.77%
0.29%
0.05%
0.00%
0.00%
0.00%