ALPS Equal Sector Weight ETF
$51.75+0.04 (+0.08%)
- 0.19%
- $778M
- +16.3%
- 1.29%
- 0M sh
- $51.69
- low $44.76high $52.66
The ETF.net EQL Grade
B
Score 65 out of 100
- 4 of 9
Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B62 out of 100Rank 3 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 5 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 1 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 6 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 8 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 5 of 9
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
- 498
- 24%
- GOOGL
Sectors
- Technology10.8%
- Communication9.5%
- Health Care9.5%
- Consumer Discretionary9.4%
- Consumer Staples9.1%
- Energy9.0%
- Industrials8.7%
- Real Estate8.6%
- Utilities8.6%
- Financials8.6%
- Materials8.2%
Geography
- United States96.13%
- United Kingdom1.88%
- Ireland1.19%
- Switzerland0.37%
- 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.
EQL$11,628
Returns run to the Oct 12, 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 | +12.5% |
| 1 month | +0.8% |
| 3 months | +1.7% |
| 1 year | +16.3% |
| 3 years | +19.7% |
| 5 years | +14.1% |
| 10 years | +17.1% |
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 | +12.5% | |
| 2025 | +14.0% | |
| 2024 | +20.7% | |
| 2023 | +21.9% | |
| 2022 | −6.6% | |
| 2021 | +34.1% | |
| 2020 | +17.2% |
EQL in the news
EQL Dividends
- 1.29%
- $0.67
- $0.18 per share
- Quarterly
Distribution history
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.
- 1.23
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
0.19%
EQL0.19%
- The middle half of US Equal Weight funds
- Median 0.20%
2 of the 9 US Equal Weight funds charge less.
Other funds in US Equal Weight
- AGSEWGoldman Sachs Equal Weight U.S. Large Cap Equity ETFExpense ratio 0.09%1 year return +16.5%
- AEQALInvesco Russell 1000 Equal Weight ETFExpense ratio 0.20%1 year return +16.9%
- BDFVEDoubleLine Fortune 500 Equal Weight ETFExpense ratio 0.20%1 year return +18.5%
- BEQWLInvesco S&P 100 Equal Weight ETFExpense ratio 0.30%1 year return +18.4%
- CQEWInvesco QQQ Equal Weight ETFExpense ratio 0.25%1 year return —