
The ALPS Active Equity Opportunity ETF, identified by its ticker RFFC, is primarily focused on generating an increase in capital value.
Is RFFC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Buoyed by a spate of mutual-fund-to-ETF conversions, active ETFs made their presence felt in 2024. That accounted for significant percentages of both inflows and launches.

ALPS Active Equity Opportunity ETF focuses on large-cap, dividend-paying stocks with high or improving ROIC. RFFC is better balanced in sectors and holdings than the S&P 500, but has underperformed it since its inception. RFFC has also underperformed several active ETFs over the last three years. In particular, FFLC, CGGR and DUHP are superior to RFFC in return, liquidity, and have lower fees.

Had enough of volatile markets? You wouldn't be alone.

Active ETFs have made significant progress in recent years. Combining the transparency of ETFs with the flexibility of active management, active funds have a lot to offer curious investors.

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition, Nick Wodeshick and Nick Peters-Golden debate whether rate cuts will still arrive this year.