ALPS Equal Sector Weight ETF

Frequently Asked Questions About EQL

What does EQL invest in?

The ALPS Equal Sector Weight ETF (EQL) is designed to closely mirror the financial performance of the NYSE Equal Sector Weight Index (NYXLEW), prior to the deduction of any associated fees or expenses.

What is the expense ratio of EQL?

ALPS Equal Sector Weight ETF (EQL) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EQL?

ALPS Equal Sector Weight ETF (EQL) manages $785.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EQL actively managed or an index fund?

EQL is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EQL's is 0.19%) because there's no security selection cost.

When was EQL launched?

ALPS Equal Sector Weight ETF (EQL) launched in July 2009 and is managed by ALPS Funds.

How has EQL performed?

EQL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.