ALPS Equal Sector Weight ETF (EQL)
| Assets | $344.12M |
| Expense Ratio | 0.27% |
| PE Ratio | 18.09 |
| Shares Out | 3.33M |
| Dividend (ttm) | $2.05 |
| Dividend Yield | 2.01% |
| Ex-Dividend Date | Dec 22, 2022 |
| Payout Ratio | 36.38% |
| 1-Year Return | -3.64% |
| Volume | 4,468 |
| Open | 102.43 |
| Previous Close | 103.36 |
| Day's Range | 101.97 - 102.94 |
| 52-Week Low | 86.29 |
| 52-Week High | 110.46 |
| Beta | 0.95 |
| Holdings | 13 |
| Inception Date | Jul 7, 2009 |
About EQL
The ALPS Equal Sector Weight ETF (EQL) is an exchange-traded fund that is based on the NYSE Select Sector Equal Weight index. The fund tracks an equal-weighted index of all select sector SPDR ETFs. EQL was launched on Jul 7, 2009 and is managed by ALPS.
Top 10 Holdings
91.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Communication Services Select Sector SPDR Fund | XLC | 10.37% |
| Consumer Discret Sel Sect SPDR® ETF | n/a | 9.68% |
| Technology Select Sector SPDR Fund | XLK | 9.52% |
| The Real Estate Select Sector SPDR Fund | XLRE | 9.35% |
| Financial Select Sector SPDR Fund | XLF | 9.30% |
| Materials Select Sector SPDR Fund | XLB | 9.03% |
| Industrial Select Sector SPDR Fund | XLI | 8.98% |
| Energy Select Sector SPDR Fund | XLE | 8.73% |
| Consumer Staples Select Sector SPDR® ETF | n/a | 8.40% |
| Health Care Select Sector SPDR Fund | XLV | 8.38% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2022 | $0.72066 | Dec 29, 2022 |
| Sep 22, 2022 | $0.53937 | Sep 29, 2022 |
| Jun 23, 2022 | $0.3841 | Jun 30, 2022 |
| Mar 24, 2022 | $0.40847 | Mar 31, 2022 |
| Dec 22, 2021 | $0.59523 | Dec 29, 2021 |
| Sep 23, 2021 | $0.4465 | Sep 30, 2021 |
News
Should ALPS Equal Sector Weight ETF (EQL) Be on Your Investing Radar?
Style Box ETF report for EQL
EQL Outperforms S&P 500 in 2022
Equal weight strategies performed exceptionally well on a relative basis last year when compared to the S&P 500. The ALPS Equal Sector Weight ETF (EQL) is designed to offer more balanced exposure to t...
Is ALPS Equal Sector Weight ETF (EQL) a Strong ETF Right Now?
Smart Beta ETF report for EQL
EQL Outperforms S&P 500 Over 3-Year Period
An equal weight strategy's inherent factor tilt toward small-size companies has led to the methodology's impressive outperformance year to date — but the methodology is also paying off during longer p...
EQL and OUSM Lead in November Flows Across ALPS' ETFs
Markets continued to recover in November, with global equities and government bonds rallying during the month on softer U.S. inflation data and expectations the Chinese government would relax its zero...
Investors Look to SDOG and EQL for U.S. Equity Exposure
U.S. equity ETFs the ALPS Sector Dividend Dogs ETF (SDOG) and the ALPS Equal Sector Weight ETF (EQL) are two of ALPS' most popular ETFs in 2022, as measured by inflows year to date. SDOG and EQL nota...
EQL Is ALPS' Top ETF By 5-Year Returns
Leading by five-year returns in ALPS' lineup of ETFs is the ALPS Equal Sector Weight ETF (EQL), which offers unique exposure to the domestic equity market. EQL has returned 56.6% over a five-year peri...
Equal Weight Strategy EQL Outperforms SPY by 5% YTD
An equal weight strategy will often outperform its market cap-weighted peers, further demonstrated by the year-to-date relative outperformance of the ALPS Equal Sector Weight ETF (EQL).
How Does EQL's Exposure Compare to SPY?
The ALPS Equal Sector Weight ETF (EQL) provides unique exposure to the U.S. equity market. EQL utilizes a fund-of-funds ETF structure, delivering exposure to the U.S. Large Cap Equity market by inves...
Investors Are Flocking to These 4 ALPS ETFs
The recovery rally staged by U.S. equities in July reversed course in August, with all major indexes posting losses for the month.
These Were ALPS' 3 Most Popular ETFs in June
Dividend, value, and low volatility strategies outperformed in the first half of the year. U.S. equities posted their worst first-half performance since 1970, as inflation concerns, Fed rate hikes, a...
What Can EQL Do For Your Portfolio?
Equal weighted funds provide enhanced diversification and often outperform market cap-weighted counterparts. The S&P 500 EWI, which weights each individual security equally, outperformed the S&P 500 b...
The Top 3 ALPS ETFs By May Flows
Equity ETFs saw a combined $32.4 billion and fixed income ETFs saw a combined $33.7 billion in May inflows. Three funds in ALPS' range of ETFs — including one newcomer — gained momentum as investors l...
Which ALPS ETFs Took in the Most Flows in March?
Stocks rebounded in March as investors managed their expectations for the future, which include considerations such as decades-high inflation, rising interest rates, and the implications of the Russia...
The Advisor's Guide to Sector Equal Weighting
Equal weighting provides increased diversification compared to their market cap-weighted counterparts and have historically fared well – as demonstrated last month when the S&P 500 Equal Weight Index ...
Which ALPS ETFs Saw the Greatest Flows in February?
February saw a continuation of market turbulence, driven by a higher-than-expected inflation reading for January and escalating geopolitical tensions, but three funds in ALPS' ETF suite managed to rak...
ALPS EQUAL SECTOR WEIGHT ETF DECLARES FOURTH QUARTER DISTRIBUTION
DENVER, Dec. 22, 2021 /PRNewswire/ -- The ALPS Equal Sector Weight ETF (Exchange-Traded Fund) (NYSE: EQL) declared its fourth quarter distribution on December 21, 2021 in the amount of $0.59523. The d...
ALPS Equal Sector Weight ETF Declares Third Quarter Distribution
DENVER, Sept. 23, 2021 /PRNewswire/ -- The ALPS Equal Sector Weight ETF (Exchange-Traded Fund) (NYSE: EQL) declared its third quarter distribution on September 22, 2021 in the amount of $0.44647.
ALPS Equal Sector Weight ETF Declares Second Quarter Distribution
DENVER –, June 17, 2021 /PRNewswire/ -- The ALPS Equal Sector Weight ETF (Exchange-Traded Fund) (NYSE: EQL) declared its second quarter distribution on June 16, 2021 in the amount of $0.43562. The div...
ALPS Equal Sector Weight ETF Declares First Quarter Distribution
DENVER, Colo., March 18, 2021 /PRNewswire/ -- The ALPS Equal Sector Weight ETF (Exchange-Traded Fund) (NYSE: EQL) declared its first quarter distribution on March 17, 2021 in the amount of $0.37157.
Avoid S&P 500 Concentration Risk With This ETF
Broad market ETFs and index funds are supposed to be, well, broad, but with the likes of Amazon, Apple and Microsoft becoming larger by the day, so are their percentages in benchmarks that are suppose...
This Sector Approach is Solid Idea for Investors Seeking Portfolio Diversity
Investors fretting about the large weights of some sectors in the S&P 500 and other widely followed benchmarks can bring some diversification to their portfolio with the ALPS Equal Sector Weight (NYSE...
