ALPS Active Equity Opportunity ETF
Market Price
NAV
NAV Change
Daily Return
Net Assets
YTD Return
Trailing Twelve Month Yield
Commentary
Explore a deep dive review of performance, portfolio positioning and the equity market from last quarter.
Overview
Investment Objective
The ALPS Active Equity Opportunity ETF (RFFC) seeks to provide capital appreciation.
Strategy
Under normal market conditions, the ALPS Active Equity Opportunity ETF (RFFC) seeks to achieve its investment objective by investing at least 80% of its net assets in a portfolio of equity securities. Equity securities include common stocks and common or preferred shares of Real Estate Investment Trusts (REITs).
Fund Details
| Ticker
|
Listing Exchange
NYSE Arca |
| CUSIP
|
ISIN
|
| Net Assets
as of
|
Inception Date |
| Fund Type Exchange-Traded Fund |
Primary Benchmark S&P Composite 1500 Index |
Performance and Fees
Returns
As of
| Total Returns | |
|---|---|
As of
| Total Returns | |
|---|---|
As of
Performance data quoted represents 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 current month-end performance call 1-866-759-5679 or visit www.alpsfunds.com. Performance includes reinvested distributions and capital gains.
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.
Fund inception date: 06/06/2016
S&P Composite 1500 Index: combines three leading indices, the S&P 500, the S&P MidCap 400, and the S&P SmallCap 600, to cover approximately 90% of US market capitalization. One may not invest directly in an index.
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Fees
Facts and Characteristics
Fund Pricing
As of
| Market Price | |
| NAV | |
| NAV Change | |
| Premium/Discount | |
| Premium/Discount Difference | |
| Daily Return | |
| YTD Return | |
| Last Trade Price (EOD) | |
| Intraday (Midpoint) Price as of |
|
| Total Market Value |
Risk Metrics
For the 3 years ending
| Standard Deviation | ||||
|---|---|---|---|---|
| Sharpe Ratio | ||||
| Sortino Ratio | ||||
| Fund vs Index1 | ||||
| Alpha | ||||
| Beta | ||||
| R-Squared | ||||
| Tracking Error | ||||
| Upside Capture | ||||
| Downside Capture | ||||
Trading Characteristics
As of
| Shares Outstanding | |
| Average 30-Day Volume | |
| Daily Volume as of |
|
| Dollar Volume | |
| Net Create/Redeems | |
| 30-Day Median Bid/Ask Spread |
Fund Yields
| Indicated Yield |
|
| Trailing Twelve Month Yield |
|
| 30-Day SEC Yield |
|
| 30-Day SEC Yield (Unsubsidized) |
Trailing Twelve Month Yield: refers to the percentage of income a portfolio has returned to investors over the last 12 months.
30-Day SEC Yield: reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses.
30-Day SEC Yield (Unsubsidized): reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.
Portfolio
Sector Breakdown
- Top Five Holdings
| Company Name | % of Fund |
|---|
Geography Breakdown
- Top Five Holdings
| Company Name | % of Fund |
|---|
Fund Holdings
Resources
Funds Related to RFFC
RiverFront Dynamic Core Income ETF
RiverFront Dynamic US Dividend Advantage ETF
Fund Disclosure
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.
Effective 06/01/2023, the RiverFront Dynamic US Flex-Cap ETF changed its name to the ALPS Active Equity Opportunity ETF. Additionally, RiverFront Investment Group, LLC ceased to serve as sub-adviser to the Fund and ALPS Advisors, Inc., the Fund’s investment adviser, assumed all responsibility for selecting the Fund’s investments.
Due to the nature of the securities in which the Fund invests, the Fund may have relatively high portfolio turnover compared to other funds.
The values of equity securities, such as common stocks and preferred stock, may decline due to general market conditions that are not specifically related to a particular company, such as real or perceived adverse economic conditions, inflation (or expectations for inflation), changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. Equity securities generally have greater price volatility than fixed-income securities.
The Fund is considered nondiversified and as a result may experience greater volatility than a diversified fund.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.