EQL
Alps Equal Sector Weight ETF
The ALPS Equal Sector Weight ETF is an ETF of ETFs that delivers exposure to the US Large Cap Equity market by investing equal proportions in each of the 11 Select Sector SPDRs.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
564.4 M
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Fund sponsor | ALPS Fund Services Inc |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 06, 2009 |
| Assets (mns) | $564 |
| Expense ratio | 25 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | Yes |
Top 10 Holdings
Complete list +
| STATE STREET HEALTH CARE SELECT SECTOR S | 10.0 % |
| STATE STREET TECHNOLOGY SELECT SECTOR SP | 9.2 % |
| STATE STREET ENERGY SELECT SECTOR SPDR E | 9.2 % |
| STATE STREET INDUSTRIAL SELECT SECTOR SP | 9.2 % |
| STATE STREET FINANCIAL SELECT SECTOR SPD | 9.1 % |
| STATE STREET UTILITIES SELECT SECTOR SPD | 9.0 % |
| STATE STREET CONSUMER STAPLES SELECT SEC | 9.0 % |
| STATE STREET CONSUMER DISCRETIONARY SELE | 9.0 % |
| STATE STREET MATERIALS SELECT SECTOR SPD | 8.9 % |
| STATE STREET COMMUNICATION SERVICES SELE | 8.7 % |
Constituent Breakdown
| Number of holdings | 11 |
| Herfindahl-Hirschman Index | 614 |
| Wgt avg mkt cap (mns) | $479,626 |
| Large cap (>$10bn) | 98.0% |
| Mid cap ($2-10bn) | 1.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.3% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 95.8 % |
 |
BRITAIN | 1.8 % |
 |
IRELAND | 1.2 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.7% | 5.0% | 15.2% | 11.4% | 10.7% | 9.6% | -- | 11.2% |
| Dividend Yield | 1.4% | 1.9% | 2.6% | 2.5% | 2.4% | 2.6% | -- | 2.5% |
| Total Returns | 13.1% | 7.0% | 17.8% | 13.9% | 13.1% | 12.2% | -- | 13.7% | Ann. Volatility | 15.7% | 15.4% | 13.1% | 13.1% | 14.8% | 16.7% | -- | 16.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.73 | 87% |
| MSCI EAFE | 0.75 | 67% |
| MSCI Emg Mkts | 0.62 | 51% |
Liquidity Measures
| Avg. volume (000) | 60 |
| ADV traded (mns) | $3 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $46.12 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.20/0.14 |
| Bollinger Bands (Upper/Lower) | $47.15/$44.94 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EQL |
Expenses vs. EQL |
ALTAR Score™ vs. EQL |
|---|---|---|---|---|
| THLV | THOR Low Volatility ETF | 89.5% | +30 bp | +5.5% |
| SSUS | Day Hagan/Ned Davis Research Smart Sector ETF | 45.0% | +54 bp | +4.5% |
| XLSR | State Street US Sector Rotation ETF | 41.1% | +45 bp | +5.1% |
Risk and Returns: EQL vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/19/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
EQL
5.9%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1020 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. EQL's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places EQL in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EQLSELL
U/W
HOLD
O/W
BUY