EQL
Alps Equal Sector Weight ETF
EQL provides exposure to US large-cap equities by equally weighting eleven economic sectors while maintaining float-adjusted market capitalization within each sector.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 767.3 M
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Inception date | Jul 06, 2009 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ALPHABET INC. CLASS A | 4.9 % |
| AMAZON.COM INC | 3.7 % |
| EXXON MOBIL HOLDING CORP | 2.8 % |
| NVIDIA CORP | 2.0 % |
| META PLATFORMS INC | 1.8 % |
| CHEVRON CORP | 1.7 % |
| APPLE INC | 1.7 % |
| LINDE PLC | 1.7 % |
| ELI LILLY & CO | 1.5 % |
| TESLA MOTORS INC | 1.5 % |
Constituent Breakdown
| Number of holdings | 488 |
| Herfindahl-Hirschman Index | 298 |
| Wgt avg mkt cap (mns) | $739,734 |
| Large cap (>$10bn) | 98.9% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.5 % |
 |
BRITAIN | 1.9 % |
 |
IRELAND | 1.3 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.8% | 14.5% | 11.5% | 13.8% | 8.4% | 10.1% | -- | 11.4% |
| Dividend Yield | 0.6% | 1.7% | 1.9% | 2.0% | 2.0% | 2.4% | -- | 2.3% |
| Total Returns | 12.4% | 16.2% | 13.3% | 15.9% | 10.4% | 12.5% | -- | 13.6% | Ann. Volatility | 9.5% | 9.4% | 12.7% | 12.2% | 14.5% | 16.5% | -- | 15.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.58 | 62% |
| MSCI EAFE | 0.46 | 58% |
| MSCI Emg Mkts | 0.20 | 29% |
Liquidity Measures
| Avg. volume (000) | 28 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $51.40 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 0.43/0.34 |
| Bollinger Bands (Upper/Lower) | $52.73/$50.20 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EQL |
Expenses vs. EQL |
ALTAR Score™ vs. EQL |
|---|---|---|---|---|
| TOV | JLens 500 Jewish Advocacy U.S. ETF | 66.6% | -7 bp | -1.0% |
| RVRB | Reverb ETF | 65.2% | +5 bp | -1.2% |
| SPXT | ProShares S&P 500 Ex-Technology ETF | 65.2% | -16 bp | -0.1% |
| GXLC | Global X U.S. 500 ETF | 64.5% | -23 bp | -0.8% |
| ILCB | iShares Morningstar U.S. Equity ETF | 64.3% | -22 bp | -0.8% |
| TOPC | iShares S&P 500 3% Capped ETF | 64.2% | -10 bp | -0.6% |
| PBUS | Invesco MSCI USA ETF | 63.8% | -21 bp | -0.7% |
| STXF | Strive 500 ETF | 63.8% | -20 bp | -0.8% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 63.7% | -25 bp | -0.7% |
| RAUS | RACWI US ETF | 63.7% | -10 bp | -0.8% |
Risk and Returns: EQL vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.5%
ALTAR SCORE™
56th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,408 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. EQL's ALTAR Score™ is approximately 0.1 standard
deviations above the category average. This places EQL in the 56th percentile
among funds in the category.
Sell-Side Consensus
$56.18
PRICE TARGET
+8.1%
UPSIDE