ALPS Equal Sector Weight ETF
$50.99−0.34 (−0.67%)
- Expense ratio
- 0.19%
- Fund size
- $757M
- 1Y return
- +13.4%
- Yield · Last 12 months
- 1.35%
- Volume · 30D
- 0M sh
- NAV per share
- $51.31
- 52W range
The ETF.net EQL Grade
Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 62Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 91Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 74Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 45Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on EQL
BEvery equal-weight fund levels something. EQL levels sectors: eleven U.S. economic sectors, each handed an equal slice, so no single sector sets the agenda. Running since 2009 at 0.19% a year.
EQL passively seeks to track, before fees and expenses, the VettaFi Modelist Equal Weight Sector 500 Index. The index equally weights eleven U.S. economic sectors and float-adjusts stocks within each sector.
Why people hold it
- Eleven sectors, eleven equal slices at each index reset. Any sector's share of the portfolio is capped by the rulebook, not by a manager's opinion.alpsfunds.com
- 0.19% a year, a shade under the 0.20% typical of its equal-weight peer group.
- Trading since 2009, one of the longer-running equal-weight funds on the tape, and it sits in the upper half of that peer group.
- A plain index tracker with a published benchmark (the VettaFi Modelist Equal Weight Sector 500 Index) and no discretionary tilts bolted on.alpsfunds.com
Worth knowing
- Cheaper equal-weight funds exist: GSEW and EUSA both run 0.09%, though they level individual stocks rather than sectors.
- Thinly traded next to the giants in its category, which can mean wider bid-ask spreads at the moment you trade.
- Equal sectors is not equal stocks. Inside each sector slice, names are float-adjusted, so the biggest companies still lead their own group.alpsfunds.com
EQL Holdings
- Stocks
- —
- 24%
- GOOGL
Sectors
- Technology10.3%
- Energy10.2%
- Health Care9.8%
- Financials9.5%
- Consumer Discr.9.4%
- Cons. Staples8.6%
- Communication8.6%
- Real Estate8.6%
- Utilities8.5%
- Materials8.3%
- Industrials8.2%
Geography
- United States96.22%
- United Kingdom1.81%
- Ireland1.16%
- Switzerland0.38%
- Netherlands0.13%
- Sweden0.11%
- Singapore0.07%
- Bermuda0.06%
- 0.06%
EQL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EQL |
|---|---|
| Year to date | +11.3% |
| 1 month | −1.9% |
| 3 months | +2.3% |
| 1 year | +13.4% |
| 3 years | +18.9% |
| 5 years | +14.2% |
| 10 years | +16.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EQL |
|---|---|---|
| 2026 YTD | +11.3% | |
| 2025 | +14.0% | |
| 2024 | +20.7% | |
| 2023 | +21.9% | |
| 2022 | −6.6% | |
| 2021 | +34.1% | |
| 2020 | +17.2% |
EQL in the news
ETF.net Research hasn’t filed on EQL yet — coverage lands here as it’s written.
EQL Dividends
- 1.35%
- $0.69
- $0.07 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.07 |
| Mar 26, 2026 | Mar 31, 2026 | $0.18 |
| Dec 24, 2025 | Dec 30, 2025 | $0.24 |
| Sep 25, 2025 | Sep 30, 2025 | $0.20 |
| Jun 25, 2025 | Jun 30, 2025 | $0.19 |
| Mar 26, 2025 | Mar 31, 2025 | $0.51 |
| Dec 24, 2024 | Dec 27, 2024 | $0.67 |
| Sep 24, 2024 | Sep 27, 2024 | $0.59 |
| Jun 20, 2024 | Jun 25, 2024 | $0.49 |
| Mar 21, 2024 | Mar 26, 2024 | $0.48 |
| Dec 21, 2023 | Dec 27, 2023 | $0.62 |
| Sep 21, 2023 | Sep 26, 2023 | $0.56 |
EQL Risk
- 10.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EQL Cost
- The middle half of US Equal Weight funds
- Median 0.20%
2 of the 9 US Equal Weight funds charge less.