ALPS Dynamic US Dividend Advantage ETF

Frequently Asked Questions About RFDA

What does RFDA invest in?

ALPS ETF Trust - ALPS Dynamic US Dividend Advantage ETF is an exchange traded fund launched and managed by ALPS Advisors, Inc. The fund is co-managed by Riverfront Investment Group, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value and momentum stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. ALPS ETF Trust - ALPS Dynamic US Dividend Advantage ETF was formed on June 5, 2016 and is domiciled in the United States.

What is the expense ratio of RFDA?

ALPS Dynamic US Dividend Advantage ETF (RFDA) charges an expense ratio of 0.52%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RFDA?

ALPS Dynamic US Dividend Advantage ETF (RFDA) manages $87.6M 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 RFDA actively managed or an index fund?

RFDA 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 (RFDA's is 0.52%) because there's no security selection cost.

When was RFDA launched?

ALPS Dynamic US Dividend Advantage ETF (RFDA) launched in June 2016 and is managed by ALPS Funds.

How has RFDA performed?

RFDA'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.