ALPS Active Equity Opportunity ETF
Market Price
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Daily Return
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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
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Listing Exchange
NYSE Arca |
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ISIN
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| Fund Type Exchange-Traded Fund |
Primary Benchmark S&P Composite 1500 Index |
Performance and Fees
Returns
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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. 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
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Trading Characteristics
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Risk Metrics
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Fund Yields
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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.
Trailing Twelve Month Yield: refers to the percentage of income a portfolio has returned to investors over the last 12 months.
Portfolio
Sector Breakdown
- Top Five Holdings
| Company Name | % of Fund |
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Geography Breakdown
- Top Five Holdings
| Company Name | % of Fund |
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Fund Holdings
Funds Related to RFFC
RiverFront Dynamic Core Income ETF
RiverFront Dynamic US Dividend Advantage ETF
Fund Disclosure
Shares are not individually redeemable. Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 5,000, 25,000 or 50,000 shares.
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.