About ALPS Equal Sector Weight ETF (EQL)

The ALPS Equal Sector Weight ETF (EQL) is an exchange-traded fund that aims to provide investors with exposure to the U.S. equity market by investing in all ten sectors of the S&P 500 Index. The fund seeks to achieve equal sector weightings, which means that each sector is represented equally in the portfolio. This approach is designed to provide a more balanced exposure to the market, as it avoids concentration in any particular sector. The ETF has been in existence since 2010 and has a track record of delivering consistent performance over the long term.

ALPS Equal Sector Weight ETF (EQL) has a market capitalization of approximately $1.2 billion, making it a mid-sized ETF in the U.S. market. The ETF has a price-to-earnings growth (PEG) ratio of 1.26, which suggests that it may be slightly undervalued compared to its expected earnings growth rate. In terms of performance, EQL has outperformed its industry peers over the past year, returning 15% compared to the industry average of 12%. The ETF has also delivered solid long-term performance, with an average annual return of 9% over the past five years.