Summary
EQL Chart
Advisors Rethink Equal Weighting Amid Equity Concentration
Rising equity concentration is prompting advisors to rethink portfolio construction. However, they also want to avoid simply swapping top-heavy market risk for new factor risks.
JPMorgan Sees S&P 500 at 8,000: ETFs That Are Worth Buying
JPMorgan sees the S&P 500 reaching 8,000 as AI spending and earnings strengthen. Explore ETFs to capitalize on the potential upside.
ETFs for the Next Leg of Earnings Expansion
The Q2 earnings season is still in its early days, but it's already handing us a reality check: growth is broadening out. These conditions are putting one tried-and-tested segment of smart beta ETFs, the equal-weighted strategies, into sharp focus.
Alps Equal Sector Weight ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 104,035 | $5.25M | $5.4M | $155,006.9 | 2.95% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1,967 | $90,352.86 | $102,087.3 | $11,734.44 | 12.99% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 4,729 | $217,716.12 | $247,090.25 | $29,374.13 | 13.49% |
| GCI GUIDANCE CAPITAL Inc. GUIDANCE CAPITAL Inc. | 10,444 | $511,822.67 | $542,461.36 | $30,638.69 | 5.99% |
 Jill Batley Gateway Wealth Partners LLC | 82,814 | $3.28M | $4.3M | $1.02M | 31.17% |
Alps Equal Sector Weight ETF (EQL) FAQ
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Alps Equal Sector Weight ETF Profile
| ARCA Exchange | US Country |
Overview
The described fund operates on a principle known as a "fund of funds" strategy, primarily aimed at tracking the performance of a specific underlying index. This underlying index is composed uniquely of ETFs, specifically all active Select Sector SPDR® ETFs, which are aggregated into an equal weighted portfolio. The goal of the fund is to closely mimic the index's performance by allocating at least 90% of its total assets into the shares of these Underlying Sector ETFs. An important aspect of this fund is its non-diversified nature, meaning it does not spread its investments across a broad spectrum of securities, but rather focuses on the specified ETFs within its strategy.
Products and Services
The fund's investment strategy revolves around the following key product and service:
- Underlying Sector ETF Investment
The cornerstone of the fund's operation is its investment in the shares of Underlying Sector ETFs. These ETFs are part of the Select Sector SPDR® series, which breaks down the broader market into specific sectors. By investing at least 90% of its total assets in these sector-specific ETFs, the fund aims to replicate the performance of its underlying index. This underlying index is a unique combination of all active Select Sector SPDR® ETFs, equally weighted to foster a balanced exposure across different sectors of the economy. The fund's focus on these ETFs underlines its targeted approach towards sector-specific investment, leveraging the benefits of sectoral performance while also engaging in a broader market strategy indirectly through the ETF's diversified holdings within each sector.
