ALPS Equal Sector Weight ETF (EQL) - NYSEARCA
EQL Description
The ALPS Equal Sector Weight ETF is an ETF of ETFs that delivers exposure to the US Large Cap Equity market by investing equal proportions in each of the 9 Select Sector SPDRs, and rebalancing quarterly. The nine Sector SPDRs are Materials (XLB), Health Care (XLV), Consumer Staples (XLP), Consumer Discretionary (XLY), Energy (XLE), Financials (XLF), Industrials (XLI), Technology (XLK) & Utilities (XLU). EQL delivers moderate, yet meaningful exposure to every sector of the market, providing investors with the following potential advantages: Diversification, Opportunity to participate in a market rally in any sector, Reduction in the negative impact of a crash in any individual sector & Transparent sector allocations.
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Country: United States
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