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ALPS Equal Sector Weight ETF (EQL)

- NYSEARCA
  • Wed, Apr. 29, 2:48 PM
    • Down 0.5-0.7% for most of the session, the major averages have rallied to nearly unchanged with 75 minutes to go in the session.
    • If anything, the FOMC statement leaned hawkish as the central bankers brushed off the Q1 slowdown as weather-related and gave no indication that a June rate hike is off the table.
    • The 10-year Treasury yield was as high as 2.07% this session, but has slipped back to 2.03%. 30-day Fed Funds futures still aren't seeing liftoff until late Q3 or early Q4.
    • Previously: FOMC: Q1 slowdown "transitory" (April 29)
    • ETFs: VV, SCHX, FEX, JKD, EEH, EQL, IWL, ERW, FWDD, ZLRG, SYE, SBUS
    | 1 Comment
  • Oct. 14, 2014, 3:37 PM
    | Comment!
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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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