EQL
Fund Stats as of 07/22/2016
Symbol EQL
Listing Exchange NYSE Arca
CUSIP 00162Q 205
ISIN US00162Q2057
Inception Date 07/06/2009
Dividends Paid Quarterly
Fund Type Exchange Traded Fund
Market Price $59.62
Last Trade Price $59.62
NAV $59.63
NAV Change $0.29
Total Net Assets $143,110,300
Total Market Value $143,124,089
Premium/Discount(%) -0.02%
Difference ($) $-0.01
Volume 2,421
Shares Outstanding 2,400,000
Expenses as of 03/31/2016
Management Fee0.37%
Acquired Fund Fees and Expenses0.15%^
Total Expense Ratio0.52%
Fee Waiver-0.22%
Net Expense Ratio 0.30%1
Yield Data as of 06/30/2016
30 Day SEC2.04%
30 Day SEC Unsubsidized2.04%
Fund Resources
Quarterly Fact Sheet 
Summary Prospectus 
Statutory Prospectus 
Statement of Additional Information 
Resource Library  

Description

The ALPS Equal Sector Weight ETF (Ticker Symbol: EQL) is an ETF of ETFs that delivers exposure to the US Large Cap Equity market by investing equal proportions in each of the 9 Select Sector SPDRs and rebalances quarterly. The nine Sector SPDRs are shown in the Portfolio Composition chart on the right.

Equal Sector Advantages

EQL delivers moderate, yet meaningful exposure to every sector of the market, providing investors with the following potential advantages:

  • Diversification
  • The opportunity to participate in a market rally in any sector
  • Reduction in the negative impact of a crash in any individual sector
  • Transparent sector allocations

Diversification does not eliminate the risk of experiencing investment losses.

Portfolio Composition as of 07/22/2016

Healthcare (XLV)

11.37%

Technology (XLK)

11.31%

Consumer Discretionary (XLY)

11.12%

Financials (XLF)

11.12%

Industrials (XLI)

11.11%

Utilities (XLU)

11.09%

Consumer Staples (XLP)

11.02%

Materials (XLB)

10.95%

Energy (XLE)

10.85%

(MPFXX)

0.07%

Sector Swings

Wide swings in sector performance can reduce diversification and increase volatility in a portfolio. The following chart shows the percentages for each of the S&P 500® sectors since 1975.

 

1975

1980

1985

1990

1995

2000

2005

2010

2013

2014

2015

20162

Consumer Discretionary

12.9

7.3

12.5

10.1

13.0

10.3

10.7

10.6

12.5

12.1

13.1

12.9

Consumer Staples

11.2

8.7

12.5

16.4

12.8

8.1

9.6

10.6

9.8

9.8

9.9

10.4

Energy

16.6

28.2

11.6

13.1

9.1

6.6

9.3

12.0

10.3

8.4

6.9

6.8

Financials

0.6

5.0

7.0

7.2

13.1

17.3

21.3

16.1

16.2

16.7

16.5

15.6

Healthcare

6.9

8.0

6.9

10.3

10.8

14.4

13.3

10.9

13.0

14.2

14.7

14.3

Industrials3

15.2

15.0

14.4

11.9

12.6

10.6

11.4

10.9

10.9

10.4

10.1

10.1

Information Technology

10.7

8.7

14.8

8.8

9.4

21.2

15.3

18.8

18.6

19.7

20.4

20.8

Materials

13.0

9.7

7.1

7.1

6.1

2.3

3.0

3.7

3.5

3.2

2.8

2.8

Telecommunications

5.7

3.8

1.8

2.0

8.5

5.5

2.8

3.1

2.3

2.3

2.4

2.8

Utilities

7.2

5.6

11.4

13.1

4.5

3.8

3.3

3.3

2.9

3.2

3.1

3.5

Shaded areas represent highest weighted sector.

^ Acquired Fund Fees and Expenses are expenses incurred indirectly by the Fund through its ownership of shares in other investment companies and are not direct costs paid by Fund shareholders.

1 Net expense ratio reflects the Adviser’s decision to contractually limit expenses through March 31, 2016. Please see the prospectus for additional information.

2 as of 03/31/2016

3 Includes Conglomerates, Miscellaneous and Transportation Industries. Source: Standard and Poor's. Past performance does not guarantee future results.