As data highlighting the consistent mediocrity, to put it kindly, of active management underscore, stock-picking is difficult. So is identifying the right sectors at the right time, but the ALPS Equal Weight Sector ETF (NYSE: EQL) helps ameliorate that problem.
The ALPS Equal Weight Sector ETF holds the nine sector SPDR exchange traded funds on an equal-weight basis. EQL has not yet added the Financial Services Select Sector SPDR (NYSE: XLFS) and the Real Estate Select Sector SPDR (NYSE: XLRE), the most recent additions to the sector SPDR suite.
As ALPS notes on the EQL website, the ETF's advantages include insulating investors from rapid deterioration in one sector while allowing for participation ...
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