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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Alps Equal Sector Weight ETF

EQL | ETF

$50.26

$695 M

1.46%

$0.73

0.19%

Vitals

YTD Return

8.8%

1 yr return

19.3%

3 Yr Avg Return

16.3%

5 Yr Avg Return

10.5%

Net Assets

$695 M

Holdings in Top 10

92.1%

52 WEEK LOW AND HIGH

$50.6
$42.75
$50.79

Expenses

OPERATING FEES

Expense Ratio 0.19%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Alps Equal Sector Weight ETF

EQL | ETF

$50.26

$695 M

1.46%

$0.73

0.19%

EQL - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 16.3%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.81%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Alps Equal Sector Weight ETF
  • Fund Family Name
    ALPS Advised Funds
  • Inception Date
    Jul 07, 2009
  • Shares Outstanding
    2275000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ryan Mischker

Fund Description

The Fund will seek investment results that correspond (before fees and expenses) generally to the performance of the Underlying Index. The Fund employs a “passive management” – or indexing – investment approach designed to track the performance of the Underlying Index. The Underlying Index is designed to track the performance of U.S. large-capitalization equities by allocating equal weight across economic sectors, while maintaining float-adjusted market capitalization weighting within each sector. The Underlying Index seeks to reduce sector concentration risk relative to traditional capitalization-weighted benchmarks while preserving market representation within each sector. The Underlying Index is comprised of the constituents of the VettaFi U.S. Equity Large-Cap 500 Index, which represents the 500 largest US stocks, grouped into one of eleven Global Industry Classification Standard (“GICS”) economic sectors. The eleven GICS sectors are: (i) communication services; (ii) consumer discretionary; (iii) consumer staples; (iv) energy; (v) financials; (vi) health care; (vii) industrials; (viii) information technology; (ix) materials; (x) real estate; and (xi) utilities. Each sector is equally weighted, while constituents within each sector are weighted by float-adjusted market capitalization. The Underlying Index is constructed using a fixed eleven sector framework, with legacy sector classifications mapped into current sectors to ensure consistency through time. Any legacy or discontinued sector classifications are mapped into the most economically comparable current sector. Within each sector, the eligible stocks that are selected for inclusion in the Underlying Index’s portfolio are weighted in proportion to their float adjusted market capitalization relative to other eligible stocks selected for inclusion from the same sector.

Within each sector, the eligible stocks that are selected for inclusion in the Underlying Index’s portfolio are weighted in proportion to their float adjusted market capitalization relative to other eligible stocks selected for inclusion from the same sector.

The Underlying Index is reconstituted and rebalanced quarterly. The Underlying Index’s constituent membership, sector classification, and float-adjusted market capitalization are determined as of the last trading day of the month preceding each calendar quarter-end. If a sector has zero eligible constituents at a reconstitution date, that sector is excluded from the Underlying Index and the total Underlying Index weight is redistributed pro rata across the remaining eligible sectors.

The Fund will normally invest at least 80% of its net assets in securities that comprise the Underlying Index.

Read More

EQL - Performance

Return Ranking - Trailing

Period EQL Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -13.2% 43.7% 57.71%
1 Yr 19.3% -15.7% 101.9% 79.38%
3 Yr 16.3%* 1.1% 41.0% 81.31%
5 Yr 10.5%* -3.9% 19.6% 70.80%
10 Yr 12.5%* 5.8% 55.9% 75.71%

* Annualized

Return Ranking - Calendar

Period EQL Return Category Return Low Category Return High Rank in Category (%)
2025 11.1% -25.2% 36.9% 37.00%
2024 14.3% -51.6% 37.0% 48.63%
2023 14.4% -15.6% 47.4% 72.44%
2022 -12.6% -56.3% 1.1% 4.19%
2021 27.0% -27.2% 537.8% 5.89%

Total Return Ranking - Trailing

Period EQL Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -13.2% 43.7% 57.71%
1 Yr 19.3% -15.7% 101.9% 79.38%
3 Yr 16.3%* 1.1% 41.0% 81.31%
5 Yr 10.5%* -3.9% 19.6% 70.80%
10 Yr 12.5%* 5.8% 55.9% 75.71%

* Annualized

Total Return Ranking - Calendar

Period EQL Return Category Return Low Category Return High Rank in Category (%)
2025 13.1% -3.4% 43.4% 78.15%
2024 15.9% -20.1% 44.5% 81.50%
2023 16.9% 0.3% 47.4% 84.98%
2022 -10.6% -31.9% 11.0% 10.24%
2021 29.3% 4.1% 537.8% 15.49%

EQL - Holdings

Concentration Analysis

EQL Category Low Category High EQL % Rank
Net Assets 695 M 3.76 M 2.2 T 66.78%
Number of Holdings 13 2 3885 98.77%
Net Assets in Top 10 614 M 3.24 M 639 B 52.60%
Weighting of Top 10 92.06% 2.5% 102.7% 1.77%

Top 10 Holdings

  1. State Street Energy Select Sector SPDR ETF 10.71%
  2. State Street Materials Select Sector SPDR ETF 9.95%
  3. State Street Consumer Staples Select Sector SPDR ETF 9.65%
  4. State Street Industrial Select Sector SPDR ETF 9.60%
  5. State Street Utilities Select Sector SPDR ETF 9.46%
  6. State Street Real Estate Select Sector SPDR ETF 9.19%
  7. State Street Health Care Select Sector SPDR ETF 8.73%
  8. State Street Communication Services Select Sector SPDR ETF 8.56%
  9. State Street Technology Select Sector SPDR ETF 8.11%
  10. State Street Consumer Discretionary Select Sector SPDR ETF 8.10%

Asset Allocation

Weighting Return Low Return High EQL % Rank
Stocks 		99.99% 0.00% 105.13% 3.88%
Cash 		0.03% 0.00% 69.97% 92.07%
Preferred Stocks 		0.00% 0.00% 5.74% 51.81%
Other 		0.00% -13.91% 100.00% 58.15%
Convertible Bonds 		0.00% 0.00% 5.54% 48.98%
Bonds 		0.00% 0.00% 136.21% 50.84%

Stock Sector Breakdown

Weighting Return Low Return High EQL % Rank
Energy 		11.06% 0.00% 41.64% 2.52%
Utilities 		9.91% 0.00% 15.25% 0.90%
Consumer Defense 		9.76% 0.00% 47.71% 12.13%
Financial Services 		9.32% 0.00% 55.59% 94.70%
Healthcare 		9.27% 0.00% 52.29% 93.26%
Real Estate 		8.83% 0.00% 31.91% 0.63%
Industrials 		8.77% 0.00% 29.90% 53.46%
Consumer Cyclical 		8.64% 0.00% 30.33% 79.07%
Basic Materials 		8.35% 0.00% 19.45% 3.41%
Communication Services 		8.33% 0.00% 27.94% 54.63%
Technology 		7.76% 0.00% 48.94% 96.32%

Stock Geographic Breakdown

Weighting Return Low Return High EQL % Rank
US 		99.99% 0.00% 101.31% 2.20%
Non US 		0.00% 0.00% 70.69% 58.41%

EQL - Expenses

Operational Fees

EQL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.19% 0.01% 4.93% 88.38%
Management Fee 0.19% 0.00% 1.89% 19.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

EQL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

EQL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EQL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 268.00% 4.45%

EQL - Distributions

Dividend Yield Analysis

EQL Category Low Category High EQL % Rank
Dividend Yield 1.46% 0.00% 25.47% 39.38%

Dividend Distribution Analysis

EQL Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

EQL Category Low Category High EQL % Rank
Net Income Ratio 1.81% -54.00% 2.44% 1.53%

Capital Gain Distribution Analysis

EQL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

EQL - Fund Manager Analysis

Managers

Ryan Mischker

Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Ryan Mischker is manager of Index Management. Mr. Mischker has oversight of the day-to-day operations of the department. Prior to joining ALPS Advisors, Mr. Mischker served as Compliance Manager of ALPS Fund Services, where he was primarily responsible for managing all post-trade monitoring for IRS, SEC and Prospectus/Statement of Additional Information investment guidelines and restrictions. Mr. Mischker has over 13 years financial services experience and graduated from the University of Northern Colorado with a B.S. in Finance and B.A. in Economics.

Andrew Hicks

Start Date

Tenure

Tenure Rank

Mar 31, 2016

6.17

6.2%

Andrew Hicks, Vice President of Index Management, of ALPS Advisors, Inc.. Mr. Hicks joined ALPS Advisors as a portfolio manager in 2015. Prior to joining ALPS Advisors, Mr. Hicks was a senior equity trader and research analyst with Virtus Investment Partners in New York City, specializing in ETF trading and international research. From 2007 to 2011, Mr. Hicks was an equity trader and research analyst at SCM Advisors in San Francisco, an affiliate of Virtus Investment Partners. With over many years of experience, Mr. Hicks gained international equity trading experience while at Wentworth, Hauser & Violich, and he began his career in semiconductor equity research at Citi. Mr. Hicks earned an accounting degree from Miami University (Ohio) while interning each summer on the American Stock Exchange in New York City.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.35 2.25

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