Published on 11 Oct 2021 on Zacks via Yahoo Finance
Designed to provide broad exposure to the Style Box - Large Cap Blend category of the market, the ALPS Equal Sector Weight ETF (EQL) is a smart beta exchange traded fund launched on 07/07/2009.
What Are Smart Beta ETFs?
For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.