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Launched · SEC filings

ALPS Equal Sector Weight ETF

EQLNYSE ArcaALPS FundsB

$52.02+0.13 (+0.25%)

At close: Nov 2, 2026, 4:00 PM ET

B66/ 100

Rank 4 of 9 in US Equal Weight

B66/100Rank 4 of 9inUS Equal Weight
Intraday session: up, 79 prints from 51.89 to 52.02. Range 51.97 to 52.38. Use the arrow keys to read each point.52.1052.2052.3052.4010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$786M
1Y total return
+14.7%
Yield · Last 12 months
1.29%
Holdings
498
Avg volume · 30D
44.7K sh
52W range
low $44.76high $52.66
Launched
Filings
SEC EDGAR

The ETF.net EQL Grade

B

Score 66 out of 100

Category
US Equal Weight⁠
Rank
4 of 9
Six-pillar profile for EQL. Scores out of 100: Cost 62, Risk 74, Mission 89, Tradability 46, Holdings 44, Durability 64. Strongest: Mission (89). Weakest: Holdings (44). Leans toward Mission.

Score 66 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 100
    Rank 3 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 5 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A74 out of 100
    Rank 1 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 5 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C44 out of 100
    Rank 8 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 5 of 9

Our read on EQL

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jul 6, 2009

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EQL$11,473
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. EQL $11,473. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for EQL. Periods over one year show the average yearly return.
PeriodEQL
Year to date+12.9%
1 month+3.6%
3 months+1.9%
1 year+14.7%
3 yearsper year+21.0%
5 yearsper year+13.1%
10 yearsper year+17.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EQL
YearReturn barEQL
2026 YTD+12.9%
2025+14.0%
2024+20.7%
2023+21.9%
2022−6.6%
2021+34.1%
2020+17.2%

EQL in the news

EQL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.29%Last 12 months
Payout per share
$0.67Last 12 months
Last payment
$0.18 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.27; Jun 21, 2017 $0.33; Sep 21, 2017 $0.35; Dec 21, 2017 $0.42; Mar 22, 2018 $0.30; Jun 21, 2018 $0.36; Sep 20, 2018 $0.38; Dec 20, 2018 $0.49; Mar 21, 2019 $0.31; Jun 20, 2019 $0.41; Sep 19, 2019 $0.36; Dec 19, 2019 $0.48; Mar 19, 2020 $0.64; Jun 18, 2020 $0.38; Sep 17, 2020 $0.41; Dec 22, 2020 $0.55; Mar 18, 2021 $0.37; Jun 17, 2021 $0.44; Sep 23, 2021 $0.45; Dec 22, 2021 $0.60; Mar 24, 2022 $0.41; Jun 23, 2022 $0.48; Sep 22, 2022 $0.54; Dec 22, 2022 $0.72; Mar 23, 2023 $0.52; Jun 22, 2023 $0.45; Sep 21, 2023 $0.56; Dec 21, 2023 $0.62; Mar 21, 2024 $0.48; Jun 20, 2024 $0.49; Sep 24, 2024 $0.59; Dec 24, 2024 $0.67; Mar 26, 2025 $0.51; Jun 25, 2025 $0.19; Sep 25, 2025 $0.20; Dec 24, 2025 $0.24; Mar 26, 2026 $0.18; Jun 25, 2026 $0.07; Sep 24, 2026 $0.18. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 29, 2026$0.18
Jun 25, 2026Jun 30, 2026$0.07
Mar 26, 2026Mar 31, 2026$0.18
Dec 24, 2025Dec 30, 2025$0.24
Sep 25, 2025Sep 30, 2025$0.20
Jun 25, 2025Jun 30, 2025$0.19
Mar 26, 2025Mar 31, 2025$0.51
Dec 24, 2024Dec 27, 2024$0.67
Sep 24, 2024Sep 27, 2024$0.59
Jun 20, 2024Jun 25, 2024$0.49
Mar 21, 2024Mar 26, 2024$0.48
Dec 21, 2023Dec 27, 2023$0.62

See all 69 payments⁠

$10,000 in EQL 10 years ago paid $9,106 in dividends.⁠

EQL Risk

Risk pillarA74 out of 100Rank 1 of 9 in US Equal Weight
How much the fund’s monthly returns vary, scaled to a year.
10.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.46
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−17.4%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.73
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

EQL Cost

Compare EQL and GSEW

Overpaying vs GSEW, tied cheapest in US Equal Weight

$2,054

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EQL 0.19%

    $3,952

  • GSEW 0.09% Tied cheapest

    $1,898

$10,000
30 years

Cost over time

  • EQL 0.19%
  • GSEW 0.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530EQL $3,952GSEW $1,898

Year by year

YearEQLGSEWOverpaying
10$347$165$182
20$1,351$646$705
30$3,952$1,898$2,054

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