ALPS Equal Sector Weight ETF (EQL)

NYSEARCA: EQL · IEX Real-Time Price · USD
102.05
-1.31 (-1.26%)
Feb 3, 2023, 4:00 PM EST - Market closed
-1.26%
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.

Asset Class Equity
Category Large Blend
Region North America
Stock Exchange NYSEARCA
Ticker Symbol EQL
Issuer Website ALPS
Index Tracked NYSE Select Sector Equal Weight

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%
View More Holdings

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
Full Dividend History

News

Should ALPS Equal Sector Weight ETF (EQL) Be on Your Investing Radar?

Style Box ETF report for EQL

3 days ago - Zacks Investment Research

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...

Other symbols: SPY
1 month ago - ETF Trends

Is ALPS Equal Sector Weight ETF (EQL) a Strong ETF Right Now?

Smart Beta ETF report for EQL

1 month ago - Zacks Investment Research

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...

Other symbols: SPY
2 months ago - ETF Trends

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...

Other symbols: OUSM
2 months ago - ETF Trends

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...

Other symbols: SDOG
3 months ago - ETF Trends

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...

3 months ago - ETF Trends

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).

3 months ago - ETF Trends

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...

4 months ago - ETF Trends

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.

Other symbols: ACESIDOGSDOGSPY
5 months ago - ETF Trends

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...

Other symbols: EDOGSDOG
7 months ago - ETF Trends

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...

8 months ago - ETF Trends

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...

Other symbols: MNBDSDOG
8 months ago - ETF Trends

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...

Other symbols: IDOGSDOG
10 months ago - ETF Trends

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 ...

11 months ago - ETF Trends

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...

Other symbols: IDOGSDOGSPY
1 year ago - ETF Trends

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...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

2 years ago - PRNewsWire

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

7 Equal-Weighted Index Funds to Buy for 2020 and Beyond 

The S&P 500’s top five stocks account for 19.8% of the index’s total weight. These seven index funds avoid getting top-heavy.

Other symbols: EUSAFBTIBUYRSPVRAIXNTK
2 years ago - InvestorPlace