EQL
ALPS Equal Sector Weight ETFEQL 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 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 68th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EQL Charts And Performance
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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 Tradability
EQL Sector/Industry Breakdown
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EQL Top 10 Holdings[View All]
EQL Countries
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EQL Regions
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EQL Economic Development
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EQL Performance Statistics
EQL MSCI ESG Ratings
EQL Benchmark Comparison Summary
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EQL Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.