| EQL | |
|---|---|
| Fund Stats as of 10/18/2018 | |
| 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 | $69.81 |
| Last Trade Price | $69.89 |
| NAV | $69.83 |
| NAV Change | $-0.75 |
| Total Net Assets | $153,635,861 |
| Total Market Value | $153,644,980 |
| Premium/Discount(%) | -0.03% |
| Difference ($) | $-0.02 |
| Volume | 8,759 |
| Shares Outstanding | 2,200,000 |
| Expenses as of 03/31/2018 | |
| Management Fee | 0.37% |
| Acquired Fund Fees and Expenses | 0.14%^ |
| Total Expense Ratio | 0.51% |
| Fee Waiver | -0.03% |
| Net Expense Ratio | 0.48%1 |
| Yield Data as of 09/30/2018 | |
| 30 Day SEC | 1.97% |
| 30 Day SEC Unsubsidized | 1.97% |
| Fund Resources | |
|---|---|
| Quarterly Fact Sheet | |
| Statement of Additional Information | |
| Statutory Prospectus | |
| Summary Prospectus | |
| Resource Library | |
| Cumulative as of 09/30/2018 |
Annualized as of 09/30/2018 |
||||||
|---|---|---|---|---|---|---|---|
| 1 Mo. | 3 Mo. | YTD | S.I. | 1 Yr. | 3 Yr. | 5 Yr. | S.I. |
| ALPS Equal Sector Weight ETF (Net Asset Value) | |||||||
| 0.34% | 5.47% | 6.54% | 252.00% | 12.77% | 14.74% | 11.63% | 14.60% |
| ALPS Equal Sector Weight ETF (Market Price) | |||||||
| 0.30% | 5.13% | 6.44% | 252.41% | 12.74% | 14.73% | 11.62% | 14.61% |
| S&P 500® Total Return Index (Benchmark) | |||||||
| 0.57% | 7.71% | 10.56% | 293.25% | 17.91% | 17.31% | 13.95% | 15.98% |
| NYSE Select Sector Equal Weight Index SM (Benchmark) | |||||||
| -0.22% | 4.90% | 4.96% | 194.73% | 10.48% | 12.35% | 9.44% | 12.42% |
| Fund | |||||||
|---|---|---|---|---|---|---|---|
| ALPS Equal Sector Weight ETF (Net Asset Value) | |||||||
| ALPS Equal Sector Weight ETF (Market Price) | |||||||
| S&P 500® Total Return Index (Benchmark) | |||||||
| NYSE Select Sector Equal Weight Index SM (Benchmark) | |||||||
| 36-monthly observations 09/30/2012-09/30/2015 | Beta vs S&P 500® | Standard Deviation | Correlation vs S&P® |
|---|---|---|---|
| ALPS Equal Sector Weight ETF | 0.95 | 9.34 | 0.99 |
| S&P 500® Total Return Index | 1.00 | 9.74 | 1.00 |
| ALPS Equal Sector Weight ETF |
| S&P 500® Total Return Index |
Performance data quoted represent past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. For the most current month-end performance data please call 866.675.2639. Performance includes reinvested distributions and capital gains.
As of October 2, 2017, the benchmark for the Fund changed from the Banc of America Securities Merrill Lynch Equal Sector Weight Index to the NYSE Select Sector Equal Weight IndexSM
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Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
ETFs are transparent because holdings are disclosed on the website daily.
ALPS Portfolio Solutions Distributor, Inc. (the "Distributor") serves as the distributor to the Underlying Sector ETFs, and in such capacity receives a distribution fee from the Underlying Sector ETFs. As required by exemptive relief obtained by the Underlying Sector ETFs, the Adviser will reimburse the Fund an amount equal to the distribution fee received by the Distributor from the Underlying Sector ETFs attributable to the Fund's investment in the Underlying Sector ETFs, for so long as the distributor acts as distributor to the Fund and the Underlying Sector ETFs.
The Fund's investment performance, because it is a fund of funds, depends on the investment performance of the Underlying Sector ETFs in which it invests. An investment in the Fund is subject to the risks associated with the Underlying Sector ETFs that comprise the Underlying Index. The Fund will indirectly pay a proportional share of the asset-based fees of the Underlying Sector ETFs in which it invests.
Total returns are calculated quarterly using the daily 4:00pm net asset value (NAV). EQL shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
The Fund is subject to the Underlying Sector ETFs Risks, making it subject to certain risks specific to each Underlying Sector ETF. The Fund is considered non-diversified which could cause greater fluctuation in share price than would occur in a diversified fund. An investment in the Fund involves risks, including loss of principal.
Click here for terms and indexes used on this page. One cannot invest directly in an index.
Important Considerations
Investors should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information. For a prospectus for the above listed funds, please click here. Please read the prospectus carefully before investing. For additional information on the above listed funds, please click the respective link.
Insurance Products Shares of the Portfolios are offered only to participating insurance companies and their separate accounts to fund the benefits of Variable Contracts, and to qualified pension and retirement plans and registered and unregistered separate accounts.
Closed-End Funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Funds now trade in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value. The Fund's investment objective is fundamental and may not be changed without the vote of the Fund's shareholders.
USO, USL, DNO, UNG, UNL, UGA, UHN, BNO, USCI, CPER, USOU, USOD, and USAG are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.
Shares of Exchange Traded Funds (ETFs) are not individually redeemable and owners of the shares may acquire those shares from the ETF and tender those shares for redemption to the ETF in Creation Units only, see the ETF prospectus for additional information regarding Creation Units. Investors may purchase or sell ETF shares throughout the day through any brokerage account, which will result in typical brokerage commissions.
With the exception of the closed-end funds listed above, ALPS Distributors, Inc. and/or ALPS Portfolio Solutions Distributor, Inc., 1290 Broadway, Denver, CO 80203, is the distributor for the open-end mutual funds and exchange-traded funds/products on this website.
The Funds described on this website are offered to United States residents only. Information on this site should not be considered a solicitation to buy or an offer to sell a security any persons outside the United States.
ALPS Advisors, Inc., ALPS Distributors, Inc., ALPS Portfolio Solutions Distributor, Inc., and ALPS Fund Services, Inc. are subsidiaries of ALPS Holdings, Inc. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are registered broker-dealers and FINRA Members.
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