ALPS Equal Sector Weight ETF

EQL

Market cap $561M

Wall Street warns of an AI equity bubble as mega-cap tech surges, prompting investors to diversify into ETFs for balanced growth.

As of October 8, the top five holdings in basic cap-weighted S&P 500 ETFs combined for 29% of those funds' rosters. Not surprisingly, that's stirred talk about concentration risk.

For an extended period, technology has been the primary driver of S&P 500 and ETF earnings via the Magnificent 7 and a handful of other companies. While that's been a point of contention for some critics, it's hard to argue with returns.

The ALPS Equal Sector Weight ETF offers equal-weight exposure to all 11 GICS sectors, rebalanced quarterly. Compared to SPY, the weight of technology is divided by about 3, while the weights of materials, real estate, utilities, and energy are multiplied by about 3 to 5. EQL has value characteristics and suits investors seeking diversified sector exposure and lower tech risk, but it has underperformed SPY and two active sector rotation ETFs.

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the ALPS Equal Sector Weight ETF (EQL) is a passively managed exchange traded fund launched on July 7, 2009.

Goldman Sachs warns of rising AI bubble risks, making diversification with equal-weight, value and quality ETFs a smart defensive move.

A smart beta exchange traded fund, the ALPS Equal Sector Weight ETF (EQL) debuted on 07/07/2009, and offers broad exposure to the Style Box - Large Cap Blend category of the market.

Jefferies, UBS and Citigroup lift S&P 500 targets as strong earnings and Powell's rate cut signals boost optimism.

Is it time to zig as markets potentially zag in a negative direction? The economy continues to chug along at a somewhat disappointing clip.

On this week's episode of ETF Prime, Todd Rosenbluth, head of research at TMX Vetta-Fi, joins host Nate Geraci to discuss how ETF share‑class expansions are getting more attention in 2025. Later, Paul Baiocchi, head of fund sales and strategy at SS&C ALPS Advisors, weighed in on the promise and pitfalls of ETF share-class expansion.