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Upturn AI SWOT - About
ALPS Equal Sector Weight ETF (EQL)
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Upturn Advisory Summary
04/01/2025: EQL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 7.08% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 87251 | Beta 0.94 | 52 Weeks Range 35.48 - 127.61 | Updated Date 04/2/2025 |
52 Weeks Range 35.48 - 127.61 | Updated Date 04/2/2025 |
Upturn AI SWOT
ALPS Equal Sector Weight ETF
ETF Overview
Overview
The ALPS Equal Sector Weight ETF (EQL) seeks to provide investment results that correspond to the performance of the S&P 500 Equal Weight Sector Index. It invests in companies included in the S&P 500 Index, but unlike the market-cap weighted S&P 500, it allocates an equal weight to each of the eleven sectors within the index. This provides broader diversification and reduces concentration risk.
Reputation and Reliability
ALPS is a well-established ETF provider with a solid reputation for offering innovative and reliable investment products.
Management Expertise
ALPS has a dedicated team of investment professionals with experience in managing and tracking various indexes and investment strategies.
Investment Objective
Goal
To provide investment results that correspond to the performance of the S&P 500 Equal Weight Sector Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive investment strategy that aims to replicate the S&P 500 Equal Weight Sector Index.
Composition The ETF holds stocks of companies within the S&P 500 Index, with each of the eleven sectors receiving an approximately equal allocation.
Market Position
Market Share: The ETF holds a modest market share within the broader universe of large-cap ETFs.
Total Net Assets (AUM): 293440000
Competitors
Key Competitors
- Invesco S&P 500 Equal Weight ETF (RSP)
Competitive Landscape
The competitive landscape is dominated by RSP. EQL provides a similar equal-weight sector approach but has significantly lower AUM and trading volume, making it potentially less attractive for some investors due to liquidity concerns.
Financial Performance
Historical Performance: The performance of EQL closely tracks the S&P 500 Equal Weight Sector Index. Historical performance data is available from various financial data providers.
Benchmark Comparison: EQL's performance should closely mirror that of the S&P 500 Equal Weight Sector Index.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically competitive, but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic indicators, sector rotation trends, and overall market sentiment can influence the performance of EQL.
Growth Trajectory
The growth trajectory is dependent on investor demand for equal-weight sector strategies and the performance of the underlying S&P 500 companies.
Moat and Competitive Advantages
Competitive Edge
EQL's competitive advantage lies in its equal-weight sector approach, offering broader diversification compared to market-cap weighted indexes. This strategy may appeal to investors seeking to reduce concentration risk and capture the performance of smaller companies within the S&P 500. However, its lower AUM and trading volume compared to RSP present a disadvantage. ALPS' reputation as a reliable ETF provider supports EQL's credibility.
Risk Analysis
Volatility
EQL's volatility is generally comparable to that of the broader market, but may be influenced by sector-specific factors.
Market Risk
The ETF is subject to market risk, including the potential for losses due to economic downturns, geopolitical events, and changes in investor sentiment.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking broad diversification across S&P 500 sectors and is comfortable with a passive investment strategy.
Market Risk
EQL is suitable for long-term investors who want to diversify their portfolios and potentially reduce concentration risk.
Summary
The ALPS Equal Sector Weight ETF offers exposure to the S&P 500 Index with an equal weighting of each of the eleven sectors, appealing to investors seeking diversification. Its lower AUM compared to the dominant competitor, RSP, raises liquidity considerations. The ETF's performance is tied to the S&P 500 Equal Weight Sector Index and prevailing market dynamics. Investors should consider their risk tolerance, investment goals, and the ETF's liquidity before investing. EQL is managed by ALPS, a reliable ETF provider.
Similar Companies
- RSP
- RYE
- FXR
- EQAL
Sources and Disclaimers
Data Sources:
- ALPS ETF Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should consult with a qualified financial advisor before making any investment decisions. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ALPS Equal Sector Weight ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
In order to track the underlying index, the fund will use a fund of funds approach, and seek to achieve its investment objective by investing at least 90% of its total assets in the shares of the Underlying Sector ETFs. The underlying index is an index of ETFs comprised of all active Select Sector SPDR® ETFs in an equal weighted portfolio. It is non-diversified.
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