Symbols

EQL

ALPS Equal Sector Weight ETF·ARCA

--(--)

Key Stats

Assets Under Management

597.63MUSD

Fund Flows (1Y)

76.07MUSD

Dividend Yield

1.67%

Discount/Premium to NAV

-0.04%

Shares Outstanding

13.03M

Expense Ratio

0.25%

About ALPS Equal Sector Weight ETF

Issuer

ALPS Advisors, Inc.

Brand

ALPS

Home Page

https://www.alpsfunds.com/exchange-traded-funds/eql

Inception Date

Jul 6, 2009

Structure

Open-Ended Fund

Index Tracked

NYSE Equal Sector Weight Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ALPS Advisors, Inc.

Distributor

ALPS Portfolio Solutions Distributor, Inc.

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.